Business
Otedola Consolidates Stake in FBNH with 534 Million Shares
Otedola acquires an additional 534 million shares in FBN Holdings, increasing his stake to 13.2% of the bank’s outstanding shares,
28 September 2024
Business
Business
Naira Rebounds After a Long Streak of Depreciation
The Naira experiences a rebound after an extended depreciation, offering hope for economic stability in Nigeria.
27 September 2024
Business
ExxonMobil To Invest $10 billion In Nigeria’s Oil Sector
ExxonMobil commits to a $10 billion investment in Nigeria’s oil sector, aiming to enhance production and energy growth
26 September 2024
Business
Employment Rate Rise to 5.3% As Businesses Continue To Fold
Nigeria’s employment rate rise to 5.3%, with analysts warning of economic strain due to company shutdowns and high inflation.
25 September 2024
Business
FEC To offer Tax Breaks To Companies With More Staffs
FEC approve tax breaks for companies employing large numbers of staff to address Nigeria’s unemployment crisis, along other economic reforms.
24 September 2024
Business
Telecom Companies Advised To Adopt Tiered Pricing Model.
Dr. Ayotunde Coker advocates a tiered pricing model for Nigerian telecom operators to address inflation and ensure service affordability for all.
23 September 2024
Business
Sterling Financial Holdings Set to Finalise US$50m Recapitalisation
Sterling Financial Holdings Company Plc raises US$50m for recapitalisation through private placement, reinforcing investor confidence in its growth strategy and sector-leading innovation.
21 September 2024
Business
CBN Withdraws Policy Due To Misrepresentations
Central Bank of Nigeria (CBN) has withdrawn a policy due to widespread misrepresentations, raising questions about its financial policies
20 September 2024
Business
Heineken Suspends Interest Payments For Loans To Nigerian Breweries Plc.
Heineken halts interest payments on loans to Nigerian Breweries Plc, raising questions about the company’s financial strategy and future prospects
19 September 2024
Business
Marketers Unable To Procure Dangote Petrol Due To Price Controversies
Price controversies surrounding Dangote petrol are preventing marketers from procurement, disrupting the fuel supply chain and market operations
18 September 2024
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