Transcorp Hotels Plc (“Transcorp Hotels” or the “Company”), the listed hospitality subsidiary of Transnational Corporation Plc (“Transcorp Group”) has released its audited 2023 full-year results, showing outstanding performance and setting new revenue and profit records. In its full year audited results filed with the Nigerian Exchange (NGX), Transcorp Hotels reported a record-breaking revenue of N41.5 billion in 2023, compared to ... Read More »

Zenith Bank Plc has emerged as the Best Bank in Nigeria in the Global Finance Best Banks Awards 2024, winning the award for the fourth time since 2019. The Bank was among other banks from 36 countries in Africa recognised as the prestigious Global Finance announced its 31st Annual Best Bank Awards Winners.The editors of Global Finance made the selections ... Read More »

Thoughts and activities of the followers of the candidate of the Labour Party (LP) in last year’s presidential election, Mr. Peter Obi, will not distract it President Bola Ahmed Tinubu Administration, the Presidency has said. Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, who ruled out the possibility of the administration being distracted, also accused the ... Read More »

The naira regained one-fifth of value in the past five weeks as increased foreign exchange inflows saw Nigeria’s forex reserves rising by $1.04 billion in the first quarter of this year. Join millions of traders around the world who trade global markets with the #1 broker The reserves, which had ended 2023 at $32.912 billion, closed weekend at $33.952 billion, ... Read More »

At the end of a 3- days summit coordinated by Research for Impact, Knowledge-Economy, and Sustainable Development (RIKE-SD), in partnership with the West and Central Africa Research and Education Network (WACREN) and Foreign and Commonwealth Office in Abuja on Wednesday, 27th of March, 2024, the discussions centred around the pivotal role of research, development, and innovation in driving economic growth ... Read More »

On Saturday, March 30th, 2024, in Abuja, Sotayo Olayinka, publisher of Newsthumb, along with Kunle Oyetola and Otunba Olarewaju Johnson, celebrated Mr. Kehinde Bamigbetan’s birthday. Mr. Bamigbetan serves as the Special Adviser on Media to the Minister of Solid Minerals Development, Alake. We extend our congratulations to Mr. Bamigbetan and wish him many happy returns. Read More »

The Honorable Minister of Innovation Science and Technology, Chief Uche Nnaji, at the ongoing 3-day RDI Summit in Abuja, highlights the need to imbibe collaborative efforts in changing Nigerian narratives in research and development that can advance the course of economic growth in the country. Chief Nnaji stressed the need to embark on a journey to redefine and reposition Nigeria ... Read More »

President Bola Tinubu said he would apologise to newspaper organisations for denying them the opportunity to generate revenue through celebratory advertorials on his 72nd birthday, which comes this Friday, March 29. He admitted that his choice might have hurt newspapers. The president explained his decision to forego an elaborate celebration or word of congratulations on his 72nd birthday in a ... Read More »

….. THE HONOURABLE MINISTER OF WORKS SEN. DAVID UMAHI SAVES FOR THE COUNTRY OVER N300 BILLION ON THE DESIGN OF THE ONITSHA AXIS OF THE SECOND NIGER BRIDGE BYPASS DONE BY THE PAST ADMINISTRATION* 1. As part of efforts to secure the future of Nigeria and guarantee her progressive march to economic prosperity, the Renewed Hope administration of the President ... Read More »

Sell your possession as an act of patriotism, Oluwo charges Nigerians The pressure on individuals, banks and Bureaux de Change (BDC) operators to offload their excess dollars and other foreign currencies is not about to wane as the raft of policy measures introduced by the Central Bank of Nigeria (CBN) continue to dig in. The naira which last month fell ... Read More »