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The planned share sale to shareholders requires the approval of relevant regulatory authorities to fly, while the terms and conditions, as well as the time of the offer, will be decided by the board of the directors of the company. The post Dangote Sugar plans N500 billion rights issue appeared first on Premium Times Nigeria.

Mozambique President Daniel Chapo is turning to China’s manufacturing strength to accelerate infrastructure development and sustainable growth, as he tours key industrial hubs during his first state visit since taking office in 2025.

Shares gained 42.36% in 2025 and hit an all-time high of 37,500 CFA francs in 2026, delivering investors a sustained rally on the BRVM exchange The board now proposes distributing 80% of 2025 net income, up from 57.25%, adding a 2,606 CFA franc gross dividend on top of capital gains Non-performing loans rose to 8%, coverage fell to 82%, and cost of risk jumped 29%, absorbing most of the gains from net banking income growth Societe Generale Cote d'Ivoire (SGCI), the largest bank listed by market value on the WAEMU regional exchange BRVM, will distribute 80% of its 2025 earnings. This marks the biggest payout in the bank’s six-decade history and rewards shareholders who had already benefited from a 42.36% stock rally the previous year. The Abidjan-based unit of France's Societe Generale SA will pay a gross dividend of 2,606 CFA francs ($4.68) per share, up 40% from the prior year and totalling $145.6 million, according to the allocation proposal in the activity report dated April 14, 2026. Shares closed 2025 at $53.67, then climbed to an all-time high of $67.32 in early 2026 before easing to $59.25 on April 20, da

Algeria on Sunday launched a fresh call for international bids for hydrocarbon concessions, seeking to boost energy investment as global markets reel from the war in the Middle East.

Red Sea resorts have done well in recent years but the Middle East conflict highlights the need to boost opportunities for smaller operators.

Pope Leo XIV on Sunday delivered a message of peace and reconciliation at the Sanctuary of Mama Muxima, a revered Catholic site that once served as a hub of the trans-Atlantic slave trade.

The Strait of Hormuz remained closed on Monday as tensions escalate between Washington and Tehran. Washington said talks were due to resume on Monday but Tehran says it has "no plans" to participate.

The police also emphasized the need for a balanced approach, combining enforcement with stakeholder engagement, to address the root causes of illegal tax collection, including the involvement of some local authorities. The post JRB partners Nigerian Police to eliminate illegal roadblocks, strengthen tax compliance nationwide appeared first on Premium Times Nigeria.

The partnership is expected to simplify flight connections for Nigerian travellers, allowing single-ticket journeys across domestic and international routes. The post Air Peace, Turkish Airlines sign interline agreement to ease global travel for Nigerians appeared first on Premium Times Nigeria.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. The post Sterling Bank, Mutual Benefits, NPF Microfinance Bank top stock pick this week appeared first on Premium Times Nigeria.