Abuja, Nigeria – Transnational Corporation Plc, widely known as Transcorp, has delivered a stellar financial performance for the year ended December 31, 2024, recording a total revenue of N408bn—a 107% jump from N197bn in 2023. The impressive figures underscore the group’s strategic positioning and market leadership amid a challenging macroeconomic environment. A significant driver of…
Foreign companies that left Russia after the start of its full-scale invasion of Ukraine are now cautiously discussing a possible return. However, some never left. More than 11,000 Western-owned companies continue to operate in Russia, contributing an estimated $5 billion in annual tax payments to the Kremlin, The Insider has tallied. The countries with the most companies still active…
Etung, Cross River – Governor Prince Bassey Otu, has commissioned a 440KWP capacity solar grid to provide uninterrupted power supply to four communities in Etung Local Government Area. Speaking at the commissioning ceremony in Etomi community on Wednesday, 5th March 2025, Governor Otu, represented by the Commissioner for Power and Renewable Energy, Prince Eka Williams,…
By Magnus Effiong The Presbyterian Church has said that the rift between its Hope Waddell branch in Calabar and the immediate past Cross River governor, Prof Ben Ayade, over part of its land which was taken by the former governor for his residential building, had been settled amicably. The Prelate of the Church, Dr Ekpenyong…
Abuja, Nigeria – The Central Bank of Nigeria (CBN) has announced a review of Automated Teller Machine (ATM) transaction fees, set to take effect from 1st March 2025. The revision, aimed at improving efficiency and boosting ATM deployment, updates the charges outlined in the CBN Guide to Charges by Banks, Other Financial and Non-Bank Financial…
