Category: Business
One United Boosts 2025 Dividend Payout
One United Properties Proposes Significant Supplementary Dividend Amidst Strong Financial Performance Romanian real estate giant, One United Properties (BVB: ONE), is signalling a robust financial year ahead by considering the distribution of a substantial supplementary dividend. The proposed payout amounts to RON 48.15 million, which translates to over EUR 9 million, and is slated for…
Shilla Executives Buy Shares: Confidence Signal
Hotel Shilla Executives Demonstrate Confidence Through Significant Share Purchases In a move signaling strong confidence in the company’s future prospects, Hotel Shilla’s top executives are set to acquire a substantial amount of the company’s own shares. CEO Lee Boo-jin plans to purchase approximately 20 billion Korean won (roughly $15 million USD) worth of Hotel Shilla…
CBN Guarantees Union Bank Stability Post-Ruling
Central Bank of Nigeria Responds to Federal High Court Ruling on Union Bank Oversight The Central Bank of Nigeria (CBN) has officially acknowledged a recent judgment by the Federal High Court in Lagos, delivered on Wednesday, March 25, 2026. This ruling pertains to regulatory actions previously taken by the CBN concerning the Union Bank of…
Lee Il-yong Takes Helm of Public Homeshopping
New Leadership at Public Homeshopping: Industry Veteran Takes the Helm Public Homeshopping, a vital public institution operating under the Ministry of SMEs and Startups, has announced the appointment of Lee Il-yong as its new Chief Executive Officer. This significant leadership transition, confirmed through a recent shareholders’ meeting, marks a new chapter for the organization after…
Dining & Utilities: Special Price Boost
Government Expands Price Controls Amidst Rising Inflationary Pressures Seoul, South Korea – In response to escalating inflation driven by a surge in international oil prices and ongoing geopolitical instability in the Middle East, the South Korean government has announced an expansion of its special price management measures. The initiative now encompasses an additional 20 essential…
CNOOC Targets Output Boost Amid Middle East Tensions
CNOOC Charts Ambitious Production Growth Amidst Global Uncertainty China National Offshore Oil Corporation (CNOOC), the nation’s dominant force in offshore crude oil and natural gas extraction, is setting its sights on an increased output for the current year. This strategic push comes at a time of heightened geopolitical tensions and a concurrent rise in global…
