Tropical General Investment Group Denies Wrongdoing in Union Bank Acquisition
Tropical General Investment Group, the majority owner of Titan Trust and Union Banks, has refuted allegations of wrongdoing in the…
Day: December 25, 2023
NANTA Welcomes FCCPC’s Plan to Investigate Airfare Pricing
The President of the National Association of Nigerian Travel Agencies (NANTA), Mrs. Susan Akporiaye, has expressed appreciation for the Federal…
Sierra Leone Awards Six Offshore Oil Blocks to Folorunso Alakija’s F.A. Oil Ltd
The Government of Sierra Leone has reportedly awarded six offshore oil blocks to F. A. Oil Ltd, a company owned…
Uncertain Future for Union Bank and Titan Trust Bank Amid Controversy and Merger Plans
Union Bank of Nigeria Plc and Titan Trust Bank (TTB) face uncertainty following a leaked ‘CBN Special Investigation Report’ on…
Emefiele Dismisses Allegations, Calls them False and Misleading
Former governor of the Central Bank of Nigeria, Godwin Emefiele, has dismissed allegations made against him by the special investigator…
Nigeria Faces Worsening Power Outages During Festive Season, Affecting Christmas Celebrations
The ongoing power crisis in Nigeria has intensified during the festive season, adversely affecting Christmas celebrations for households across the…
Decline in Dollar Value of Nigeria’s 2024 Budget Limits Economic Stimulus, Says Bismarck Rewane
Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, has highlighted that the decline in the dollar value of Nigeria’s…
Uganda Grants Two-Year Extension to Oranto Petroleum’s Oil Exploration License
Uganda has extended the oil exploration license of Nigeria’s Oranto Petroleum Ltd. by two years after the company requested compensation…
British International Investment Commits $15 Million to NMB Bank’s Inaugural Sustainability Bond in Tanzania
British International Investment (BII), the UK’s development finance institution and impact investor, has committed $15 million equivalent in Tanzanian Shilling…