-
IMF Addresses Nigeria’s COVID-19 Loan repayment and Unpaid Balances
•
The American billionaire stated that his Gates Foundation will cease operations following the distribution of his fortune. On Thursday, the International Monetary Fund (IMF) announced that Nigeria has completely settled its $3.4 billion loan, which was borrowed in April 2020. The funds were released through the Rapid Financing Instrument, aimed at assisting with the…
-
Digital Skills Empowerment Summit: Firm Announces Key Business Initiatives
•
Marketing Analytics Africa has unveiled intentions to organize a marketing conference aimed at providing African businesses and advertisers with advanced tactics in digital marketing, expansive development, and new technological advancements. The event titled ‘Marketing in the New Economy: Leveraging Data for Success Amidst Challenges’ is scheduled to take place on May 24 in Lagos,…
-
PWAN Rejects SEC’s Ponzi Scheme Allegations
•
The management of PWAN Group has denied allegations by the Securities and Exchange Commission that its real estate buy-back transactions bear the characteristics of a Ponzi scheme. In a statement provided to our correspondent by the firm on Thursday, PWAN characterized the SEC’s stance as “incorrect and deceptive,” underscoring that their project constitutes a…
-
VFD Shareholders Greenlight $8.2M Dividend Payout
•
The shareholders of VFD Group Plc have sanctioned a dividend distribution of N3.17 billion during the firm’s 9th Annual General Meeting, which was conducted online in Lagos on Thursday. The sanctioned dividend amounts to N2.50 for each share. Furthermore, the shareholders agreed to a five-to-one stock dividend distribution, which the firm states exemplifies their…
-
Real Estate Firm Sees Revenue Soar to ₦554M: International Edition
•
SFS Real Estate Investment Trust has announced an expansion for the fiscal year 2024, showing a significant rise of 50.26 percent in net income, amounting to N477.09 million. On Tuesday, the company released a statement attributing this performance to consistent rental revenue, well-executed asset sales, and earnings from interests. The REIT’s gross income rose…
-
What You Get: Inside Weddings at £5K, £20K, and £50K
•
Listen to article Listen to article Your browser isn’t equipped with the audio feature. The average wedding in the UK now costs £23,250 – nearly £6,000 more than in 2021. However, that does not provide the complete narrative, as stated by Bridebook , one-fourth of couples will allocate less than £10,000 for their big day,…