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September 19
Nigeria: Recapitalisation Responsible for Sale of FBNquest Merchant Bank - - Stakeholders
Some stakeholders in the financial sector have said that the Central Bank of Nigeria, CBN, induced recapitalization may have pushed FBN Holdings Plc to divest from FBNQuest… Read more »
September 17
Nigeria: Guinea Insurance Reports 49.4 Percent Growth in Revenue in 2023
Guinea Insurance Plc has reported a 49.4 per cent increase in insurance revenue for the full year 2023 to N2.07 billion from N1.36 billion in 2022. Read more »
September 16
Nigeria: Petrol Supply - Nnpcl, Dangote Refinery Disagree Over Pricing
·N898 per litre based on crude imported in dollars -- DANGOTE·NNPC lifts 16.8m litres out of 25m Read more »
September 17
Africa: Sterling Bank Adopts Africa's First Indigenous Core Banking Solution
Sterling Bank Limited has migrated to what is believed to be the continent's first ever indigenous core banking solution called SeaBaaS. Read more »
September 04
Nigeria: Hisense Brings Innovation to Real Madrid Fanbase in Nigeria
Technological innovation firm, Hisense, has announced a strategic partnership with Real Madrid, one of the world's most iconic football clubs, to significantly enhance the fan… Read more »
September 01
Nigeria: N21m Jumbo Pay - Serap Sues Akpabio, Abbas for 'Fixing Nass Running Costs'
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Mr Godswill Akpabio and Speaker of House of Representatives, Mr Tajudeen… Read more »
August 07
Nigeria: Police Warn Cultists Against Celebrating 8/8 in Osun
The Police Command in Osun has warned against the setting aside of Aug. 8 to celebrate cultism in the state, saying any unlawful gathering would not be tolerated. Read more »
July 21
Nigeria: Our Diesel Not Inferior to Imported Ones, Dangote Replies Critics
·Dismisses monopoly concerns Read more »
June 26
Nigeria: FCMB, TLG Open Series 1 Private Debt Fund for Investment
First City Monument Bank Asset Management Limited in collaboration with TLG Capital Investment Limited, United Kingdom (FCMB-TLG) has opened the first series of their Private Debt… Read more »
Nigeria: Aliko Dangote and the Power of Conviction - Perspectives From the 'Left'(2), By Usman Sarki
"Life demands that we attentively reconsider all our intellectual stock-in-trade when we step on to new ground"-- Georgi Plekhanov, Socialism and the Political Struggle Read more »
Nigeria: No Cause for Alarm, Dangote Group Reacts to Fire Incident
Dangote Group has assured that there is no cause for alarm despite the fire incident that occurred at the refinery. Read more »
Nigeria: Bayelsa to Float State-Owned Airline Operator
The newly appointed Managing Director and Chief Executive Officer ,CEO, of Bayelsa International Airport, AVM Nelson Calmday, retd, has disclosed that plans are underway by the… Read more »
June 25
Nigeria: Reps Move to Sanction Defaulting Companies On SCR
The House of Representatives Committee on Corporate Social Responsibility (SCR) on Tuesday moved to enact laws to sanction offenders. Read more »
June 18
Nigeria: TotalEnergies Marketing Shareholders Approve N8.49bn Dividend
Shareholders of TotalEnergies Marketing Nigeria Plc have approved the proposed final dividend of N8.49 billion, amounting to N25.00 per share, for the financial year ended December… Read more »
June 13
Nigeria: Foreign Mafia Tried Several Times to Sabotage $19 Billion Refinery - Dangote
Aliko Dangote revealed that local and foreign mafia tried several times to sabotage his $19 billion refinery from coming to life. Read more »
Nigeria: Multichoice Reports $38m Pbt Loss in '23/'24 Financial Year
South African pay television company, MultiChoice Group, has reported a $38 million loss before tax in its financial year ended March 31, 2024, attributing the loss to currency… Read more »
June 05
Nigeria: CNG - FG Targets $4.4bn Petrol Import Savings
·Moves to develop safety standard for vehicles Read more »
May 01
Nigeria: MTN Posts N575bn Pre-Tax Loss in Q1, Blames Inflation, Naira Devaluation
MTN Nigeria Plc has reported a pre-tax loss of N575.69 billion in its operations for the first quarter of 2024, citing inflation and naira devaluation for the development. Read more »
April 29
Nigeria: Dangote Cement Export Increased By 87.2 Percent At 264kt in First Quarter
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker, from Nigeria to Ghana and Cameroon and that the export, for the first quarter of… Read more »
April 22
Nigeria: FG to Achieve 6000 Megawatts Using Hydro, Solar Plants - Adelabu
The Minister of Power, Adebayo Adelabu, has unveiled plans to increase power generation from 4000 Megawatts to 6000 using the hydro and solar plants. Read more »
April 21
Nigeria: We Are Not Recruiting, Says CAC
The Corporate Affairs Commission (CAC) says it is not recruiting at the moment and advised Nigerians to be wary so as not to fall victims of deceit. Read more »
Nigeria: We Do Not Add Sugar to Infant Products in Nigeria - Nestle
Food and beverage company, Nestle Nigeria, has refuted the claims of an investigative report alleging that it (Nestle) was adding sugar to its infant milk and cereal products sold… Read more »
April 22
Nigeria: Aviation Fuel - Domestic Airlines Set to Cut Airfares
There are strong indications that domestic airlines operators may reduce ticket prices for passengers due to the imminent supply of aviation fuel, otherwise known as Jet A1, by… Read more »
April 21
Nigeria: $20bn Dangote Refinery - High Sulphur Diesel Narrative False, Mischievous - -Spokesman
The Management of Dangote Industries Limited has condemned an online report doubting the quality of its diesel. Read more »
April 13
Nigeria: New Tariff - Nerc Increases Ikeja Disco's Band a Feeders By 66.7 Percent to 85
The Nigerian Electricity Regulatory Commission, NERC, weekend, approved the increase of Band A feeders in Mainland Lagos by 66.7 per cent to 85, from the initial 51. Read more »
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