Dangote Cement Shareholders to Get N340bn dividend April 14

Management of the pan-African cement manufacturer, Dangote Cement Plc has revealed that once the shareholders at the AGM slated for April 13, 2023, approve the proposal, the shareholders whose names are registered in the Company’s Register of Members at the close of business on 30 March 2023 will be immediately paid the sum of about…

Ramadan: Rite Foods Celebrates Muslims, Urges Peaceful-Coexistence

Rite Foods, Nigeria’s market leader in the food and beverage industry, celebrates with the Muslim faithfuls as they observe the one-month Ramadan fasting in fulfilment of the fourth pillar of Islam, and urges them to adhere to the doctrines of Islam which preach peaceful coexistence. The world-class and proudly-Nigerian company has also made available its…

Kate Henshaw Unveiled as Gisthouse’s African Icon for February 2023

Nollywood actress, Kate Henshaw has been unveiled as the Gisthouse African Icon for February 2023. Gisthouse is the first Afrocentric audiovisual Conversation Platform that has successfully merged the best of audio apps such as Clubhouse, Twitter Spaces, Spotify, and Zoom into an integrated platform for people and businesses from all walks of life. Speaking on…

Court Orders Police to Effect Arrest, Remand of Fidelity Bank MD

A chief magistrate’s court in Ogba, Lagos, has on Monday sentenced Nneka Onyeali-Ikpe, Managing Director of Fidelity Bank, to six weeks in prison. The court, presided over by Magistrate Lateef Owolabi, extended the same sentence to Ezinwa Unuigboje, the bank’s secretary, after finding both guilty of disobeying a garnishee order of court restraining the bank…

Dangote, Sinoma Sign Agreement on New 6mta Cement Plant in Itori, Ogun State

Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun State. The agreement was signed by the Chairman of Dangote Cement Plc, Aliko Dangote alongside the Group Executive Director, Strategy, Capital Projects & Portfolio Development, DIL, Devakumar Edwin, while China Sinoma Engineering…

Guaranty Trust Bank UK reaches settlement with the FCA in connection with historical AML controls

Guaranty Trust Bank UK Limited (GTBank UK) has reached settlement with the FCA, accepting findings in relation to historical Anti-Money Laundering (AML) controls in its operations in the period October 2014 to July 2019. The Bank has cooperated fully with the FCA investigation and has agreed a penalty sum of GBP7,671,800, which has been calculated…