Author: Prima News

Recorded Continuous Growth in Revenue, Proposed a final dividend of HK9.0 cents per share Highlights: Revenue increased by 2.2% to approximately HK$2,867.7 million. Gross profit increased by 0.7% to approximately HK$1,035.1 million. Profit attributable to owners of the Company recorded approximately HK$219.7 million. As at 31 December 2025, the Group operated a total of 183 chain retail stores (2024: 176), including 178 retail stores in Hong Kong and 5 retail stores in Macau. Basic earnings per share was approximately HK22.0 cents. The Board recommended the payment of final dividend of HK9.0 cents per share. Financial Highlights: HK$’000 Year ended 31…

•Tinubu, Shettima, Govs, others return Yilwatda, Basiru as natl chairman, secretary •Police, Soldiers bar journalists, threaten to shoot By Omeiza Ajayi & Omeiza Ajayi Activities in the nation’s capital, Abuja, were literally grounded to a halt, yesterday as the All Progressives Congress, APC, held its National Convention, amid tight security that saw journalistsinitially barred and threatened by overzealous security agents. President Bola Tinubu and Vice President Kashim Shettima and 31 governors of the party were on ground as the ruling APC began its 8th elective National Convention at the Eagle Square in Abuja.Others at the venue include Senate President Godswill…

The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics Base, describing the project as a major demonstration that Nigeria has become a prime hub for global oil and gas logistics. ESSO Nigeria is an affiliate ExxonMobil, an international operating company and the shorebase facility is valued at $23m and will include an administrative building, warehouses, and other storage areas. Speaking at the event held on Thursday at LADOL base, Lagos, the Executive Secretary of NCDMB, Felix Omashola Ogbe congratulated ESSO and LADOL on…

Head coach Emmanuel Deutsch has expressed firm belief that Enyimba International FC will not be relegated from the Nigeria Premier Football League, despite the team’s struggles this season. The nine-time league champions slipped to a 2-0 defeat against Kano Pillars FC on Sunday, leaving them in 16th position on the table and dangerously close to the drop zone. Enyimba, based in Aba, are currently just above the relegation places on goal difference, with the latest result marking their 13th loss of a challenging campaign. However, Deutsch remains confident that the People’s Elephant will retain their top-flight status by the end…

But it doesn’t have to be this way. The UN Industrial Development Organisation (UNIDO), a technical agency created in 1966 to help the Global South develop and industrialise, is today committed to ensuring the countries progress in a way that benefits us all, as well as the planet itself.At the Global Industry Summit in Riyadh, Saudi Arabia, Fatou Haidara, the Managing Director of Global Partnerships and External Relations at UNIDO, sat down with Conor Lennon from UN News to look back at the agency’s changing priorities, and why it is needed more than ever as it enters its 60th year.This…

Nigeria and the United Kingdom have announced a major new cultural and creative economy partnership, anchored by the launch of the UK–Nigeria Season of Culture 2028, marking a significant step in deepening bilateral collaboration and unlocking global opportunities for creatives in both countries.The partnership, advanced during the State Visit of President Bola Ahmed Tinubu, reflects a shared ambition to position the creative industries as a key driver of economic growth, job creation, and international cultural exchange.At the centre of the collaboration is the UK–Nigeria Season of Culture 2028, a flagship initiative that will showcase the best of both nations across…

Dangote Refinery has reduced petrol price.   NewsOnline Nigeria reports that Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for petrol to N1,200 per litre and its coastal price to N1,153 per litre, a move that comes amid ongoing tensions in the Middle East that continue to influence global oil markets.   ALSO: […] The post BREAKING: Dangote Refinery Reduces Petrol Price appeared first on NewsOnline Nigeria. Source link

The Dollar to Naira black market exchange rate strengthened at the start of the new trading week on Monday as renewed demand for foreign currency placed pressure on Nigeria’s parallel foreign exchange market. As of today, black market operators are buying the United States Dollar at ₦1,400 and selling at ₦1,410, reflecting a ₦10 spread between the buying and selling rates. The adjustment signals a moderate uptick compared to the previous session, highlighting persistent demand within the informal segment. The Dollar to Naira exchange rate remains one of the most closely monitored economic indicators in Nigeria due to its direct…

The Central Bank of Nigeria (CBN) has appealed against the recent judgement of the Federal High Court in Lagos, which nullified its its dissolution and takeover of the board and management of Union Bank of Nigeria Plc during its January 2024 intervention. PREMIUM TIMES reported that the trial judge, Chukwujekwu Aneke, ruled that the CBN’s actions were ultra vires and not in compliance with the provisions of the Banks and Other Financial Institutions Act 2020 (BOFIA). According to the court filings, Titan Trust Bank Limited, alongside Luxis International DMCC and Magna International DMCC, claimed to be the ultimate beneficial owners…

Washington anticipates that its operation against Iran will conclude in “weeks, not months,” as stated by US Secretary of State Marco Rubio. This expectation persists despite the escalating violence throughout the region and Israel’s threat to “escalate and expand” its assaults on the Islamic Republic. “When we finish with them in the next couple of weeks, they will be weaker than they have been in recent history,” Marco Rubio informed reporters on Friday following his meeting with G7 foreign ministers in France. The conflict commenced with a surprise attack on February 28, which resulted in the death of Iran’s Supreme…