2023: Dangote Cement increases shareholder’s dividend by 50%, to N30 per share … sales from African subsidiaries rose by 12.7% In line with the promise of Chairman, Dangote Cement, Aliko Dangote at the company’s 2022 Annual General Meeting (AGM), of an enhanced return on Investments to all the shareholders and other stakeholders in Dangote Cement, Plc, the company’s Management for the year ended December 31, 2023, has proposed an increase in the dividend payout to the shareholders, by 50 percent, to N30 per share. The proposed increase in…
Harvard Business School Launches Tony Elumelu Foundation Case Study Spotlights Role of African Philanthropy in Transforming the Development Agenda in Africa At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development finance models, Harvard Business School today released a case study examining the role and impact of the Tony Elumelu Foundation (TEF), and its unique approach to catalysing entrepreneurship in Africa. The Foundation, Africa’s leading funder of young entrepreneurs, has pioneer…
Tinubu Gives New Directive To Dangote, BUA Over Price Of Cement In a significant development for Nigeria’s construction and housing sector, President Bola Ahmed Tinubu has issued a directive to cement manufacturers to revert to previous pricing of the commodity. This announcement was made by the Minister of Works, Senator David Umahi, following his inspection of the BUA cement factory in Sokoto on Thursday. During a recent meeting with the manufacturers, President Tinubu expressed his decision, emphasizing the need for affordability in the…
Fake NYSC member arrested in Nasarawa camp A fake National Youth Service Corps member, Ogeh Bethel Chibuife, has been nabbed by the Nasarawa State Police Command for illegal entry into the Magaji Dan Yumusa Orientation Camp, Keffi, the state capital. This was disclosed in a statement released by the state police spokesperson, Ramhan Nansel, on Thursday. Nansel said the suspect, who is an extra year student of Public Administration, from Ebonyi State University, sneaked into the state NYSC camp for the 21-day orientation programme meant for t…
*Throwback: Primate Ayodele’s Interview With Tribune Newspaper About Nigeria On December 31, 2023* In this interview, popular seer and spiritual head of Inri Evangelical Spiritual Church, Lagos, Primate Elijah Ayodele speaks on 2024 and what awaits Nigeria and the world. The economy NIGERIANS need to be watchful, prayerful, and constantly appeal to God. The government needs help. If the government refuses to listen to God’s warning, it is bound to get into problems. The Bola Tinubu government is out of line. When I warned that voting for …
IA-Foundation holds 5th Annual Charity & Fundraising Event for Out-of-School Children in Nigeria The IA-Foundation, an international charity trust dedicated to transforming lives through education in Nigeria and Africa, will host the 5th edition of its Annual Charity Ball & Fundraising Event on Saturday, 2nd March 2024 at the Civic Centre, Victoria Island, Lagos. This year’s event seeks to raise funds and awareness to support the 20.2 million out-of-school children deprived of education from indigent backgrounds, orphans, physica…
The Alternative Bank Fosters Rural Economic Growth in Katsina The Katsina State Government via the State Governor, His Excellency, Dikko Radda, has aligned with The Alternative Bank’s mission to support rural economies through innovative financial solutions, tailored to empower local businesses and stimulate sustainable development across the state. This official endorsement marks a significant milestone for The Alternative Bank as it embarks on a new chapter in Katsina with the launch of its first branch in the state. During the visit, the…
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