New Telegraph

Zenith Bank’s shareholders get N94.19bn dividend

Zenith Bank’s shareholders get N94.19bn dividend

Shareholders of Zenith Bank Plc, yesterday, at the 30th Annual General Meeting of the bank in Lagos, unanimously approved the proposed final dividend of N2.70 per share, bringing the total dividend payment for the 2020…

NSE rebounds, gains N83bn

NSE rebounds, gains N83bn

Trading activities on the floor of the Nigerian Stock Exchange closed positive yesterday to upturn previous day’s loss as bulls regained grip following gains recorded by blue chip firms. The local bourse recorded 11 gainers…

FG seeks reduction in cement price

FG seeks reduction in cement price

To curb the incessant building collapse in the country and expand development of housing infrastructure, the Federal Government has called for a reduction in price of cement by the manufactures. Minister of Mines and Steel…

Savings, pensions critical to national development’

The Managing Director, Sigma Pensions, Mr. Dave Uduanu, has emphasised that short term and longterm savings are critical to every country’s development. Uduanu stated this during a virtual media engagement organised by the Junior Achievement…

PTAD pays N6.2bn pension

The Pension Transitional Arrangement Directorate (PTAD) said it paid N6.2 billion as pension arrears to 16,210 pensioners. The clearance, it said in a statement, preceded an expanded re-validation and re-computation exercise undertaken by it with…

NCAA begins audit of Azman Air, grounds all coy’s B737 planes, operation

NCAA begins audit of Azman Air, grounds all coy’s B737 planes, operation

*Worried over airlines’ frequent landing gear problem The Nigerian Civil Aviation Authority (NCAA) has suspended the operations of all the Boeing 737 aircraft in the fleet of Azman Air Services Limited, with effect from March…

Gunmen abduct RCC, Polaris Bank staffers in Oyo

Gunmen abduct RCC, Polaris Bank staffers in Oyo

Some gunmen on Monday evening stormed a quarry site in Ibadan, the Oyo State capital, and kidnapped two persons working with a construction company and a commercial bank. New Telegraph learnt Tuesday that the gunmen…

CBN introduces new charges for USSD services

CBN introduces new charges for USSD services

  The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services. The apex bank said from Tuesday customers will pay a flat fee of N6.98…

Nigeria ranks third in global unemployment rate

Nigeria ranks third in global unemployment rate

  Nigeria, Africa’s largest economy, has been ranked third on a list of countries with the highest unemployment rate globally. The country’s unemployment rate hit a new record high at 33.3 per cent in fourth…

The intriguing journey of the brand The Beard Struggle

The intriguing journey of the brand The Beard Struggle

  The Beard Struggle is a global giant in the men’s grooming niche, which has attained massive success in a short period. It is amazing to know about people, brands and entrepreneurs who wish to…