Femi Otedola has increased its holdings in First Hold thus becoming the single largest shareholder. He increased his stake in First Holdco by 4,121%. Taking the...
Shareholders have kicked against the N436.5 billion paid to the Asset Management Corporation of Nigeria (AMCON) by seven banks as banking sector resolution costs in 2024....
In a major boost to Nigeria’s startup ecosystem, the Governments of Nigeria and Japan has signed and exchanged official documents for two grant aid projects worth...
Nigeria has reaffirmed its ambition to become a global leader in arts, culture, and tourism by the year 2030, aligning this vision with deepening cultural ties...
Central Bank of Nigeria (CBN) will open N400 billion worth of Nigerian Treasury bills (NTB) for investors’ subscriptions at the primary market auction scheduled for next...
International Monetary Fund IMF, has said that the outlook for Nigeria’s economy is marked by significant uncertainty, In a press statement on Article IV Mission to...
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Bashir Ojulari, has pledged to attract a staggering $60 billion in investments...
House of Representatives Committee on Petroleum Resources, Upstream, has said it would quickly amend the Petroleum Industry Act, PIA, to increase oil companies’ contributions to Host...
Comptroller General of Nigeria Custom Service has set up Bashir Adeniyi Centre for International Trade and Investment. The centre is a trade and investment research and...
Nigeria and South Africa have signed have signed a Memorandum of Understanding (MoU) to boost mining cooperation, focusing on investment, knowledge exchange, and technology transfer. The...
Minister of Power, Adebayo Adelabu, on Thursday said the sector generated additional N700 billion revenue in 2024, reflecting a 70 per cent increase from what was...
The Eko Electricity Distribution Company (EKEDC) has announced a 10-hour downtime for prepaid payment services scheduled for Tuesday, April 22, 2025. The Disco said that the...
The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says the Tax Reform Bill will curb poverty and empower ordinary Nigerians. Mr Oyedele said...
Fitch Ratings is citing a severe escalation in the global trade war as the reason for its decision to sharply lower its forecasts for world growth...
The dollar’s safe-haven and reserve status may be in jeopardy after Trump’s April 2 tariffs. Volatility that gripped global markets over the past two weeks may...