Dangote Cement rewards shareholders with N753.8bn dividend, pays N45 per share
By Mather Godwin Dangote Cement Plc has announced a 50 per cent increase in dividend payout to shareholders, raising the dividend from N30 per share to N45 per share, which translates to a total payout of approximately N753.8 billion, reaffirming the company’s position as one of the most rewarding investments on the Nigerian Exchange (NGX). The […]
Losses to fraud in banks decline, CBN intensifies measures
•Unveils industry-wide war on e-fraud •Internet banking fraud leads with N13.37bn, 4,507 cases •Lagos tops with 63% fraud volumes •3, 417 individuals on fraud watch list By Babajide Komolafe Losses to fraud in Nigerian financial institutions declined to N25.85 billion, 51 per cent year-on-year, from N52.26 billion in 2024. This comes as the Central Bank […]
CBN unveils new industry-wide war on e-fraud
The Central Bank of Nigeria (CBN) has unveiled an industry-wide offensive against rising digital fraud, with the aim of reducing fraud response time to under 30 minutes
Banks record 51% fall in fraud losses to N25.9 billion
Banks and other financial institutions recorded a 51 per cent year-on-year decline in fraud losses to N25.85 billion, down from N52.26 billion in 2024.
Local refineries supply 87% of Nigeria’s cooking gas in 2025
By Udeme Akpan, Energy Editor Local refineries and gas processing plants, led by the Dangote Petroleum Refinery and NLNG Limited, supplied 87% of Nigeria’s domestic Liquefied Petroleum Gas (LPG), also known as cooking gas, in 2025, significantly reducing the country’s dependence on imports. Findings by Vanguard showed that the sharp rise in domestic supply marked a major […]
UAE, Nigeria’s economic deal, major strategic milestone — NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has described the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates (UAE) and Nigeria as a major strategic milestone in Nigeria’s economic transformation agenda. Recall that UAE and Nigeria recently has signed the CEPA deal which is aimed at eliminating tariffs on […]
