FBN Holdings Now Aware Of Mr Otedola’s 5.07% Equity Stake
FBN Holdings Plc, the holding company of First Bank of Nigeria, says it has received notification that Femi…
Dangote Cement Plc: PAT Of N191.6 Billion
Dangote Cement Plc built an after-tax profit of N191.6 billion at the end of its half-year trading in June 2021.…
Facebook To Pay For News Content In France
Facebook said Thursday it had reached an agreement with some French newspapers to pay for news content shared by…
Court Satisfied With MultiChoice Deposit Of N8 Billion in Tax Case
At the hearing in Lagos on Wednesday, the administrative court said it was satisfied that MultiChoice had…
Elon Musk Set To Become First Trillioniare Through His Company SpaceX
Elon Musk, the world’s most renowned entrepreneur and the CEO of two of the world’s largest companies, SpaceX and…
Federal Inland Revenue Service Propose Road Infrastructure Tax For Informal Sector…
Muhammad Nami, executive chairman of the Federal Inland Revenue Service (FIRS), says the agency is proposing road…
Femi Otedola Acquire 30 Billion Worth Of Shares In First Bank
From having a humongous loan portfolio of N192 billion in 2012 via his then Zenon Petroleum and Gas Ltd which was…
Nigeria Stock Exchange Equities Investors Gain N237 Billion
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday,…
Facebook, Twitter, Other Social Media And Digital Advertising Companies Stocks…
Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in…
IMF Project 2.7 Percent Economic Growth For Nigeria In 2022
The International Monetary Fund, IMF, has projected a 2.7 per economic growth for Nigeria in 2022 and 2.6 per cent…
Nigeria External Reserves Rise To $40 Billion In Three Weeks
Nigeria’s external reserves gained $3.98bn in three weeks, rising above the $40bn mark, according to data obtained…
Antigua And Barbuda Orders Arrest Of ‘Imagine Global’ Couple For Alleged Fraud
The Prime Minister of Antigua and Barbuda Gaston Browne has ordered the arrest of Bamise and Elizabeth Ajetunmobi,…
Oil Refining Renaissance Under Threat From Natural Gas Crisis
Surging prices for natural gas are threatening to eat up the profit some oil refiners are making on their fuels,…
Nigeria Must Reduce Over-Dependence On Oil – Akeredolu
The Ondo State Governor, Mr Rotimi Akeredolu, on Wednesday, said there was a need to develop strategies that would…
CBN Deepening NFIS Via E-Channel Transactions
Three months after the Central Bank of Nigeria (CBN) lowered its hammer on Bureau de Change operators over alleged…
Customs’ Move To Impound Private Jets
LAST week, the Nigeria Customs Service (NCS) threatened to impound 29 private jets on which the owners had not paid…
Oil Rises Modestly As U.S. Crude Stockpiles Dwindle
Oil prices edged higher on Wednesday, rebounding from early losses after U.S. crude stockpiles unexpectedly fell…
Exxon Mobile Reduce Production In Chad
Exxon Mobil said on Wednesday it had temporarily cut back production at its unit in Chad and reduced staffing in…
PWC And UNDP In Agreement To Support Technology-Enabled Approach In Nation…
Price Water House Coopers (PwC) and the United Nations Development Programme (UNDP) have signed a Memorandum of…
German software giant “SAP” Q3 Revenue Is 20% Above 2020 Q3 Revenue
German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost…
Federal Government In Discussion With International Monetary Fund On Terms Of…
The federal government is negotiating with the International Monetary Fund (IMF) on repayment terms for the $3.4…
AFDB, ADFl, And Y’ello Digital Financial Services Agreed On $500,000 Grant For…
The African Development Bank initiative, the Africa Digital Financial Inclusion Facility (ADFI), and Y’ello Digital…
Gold Nudges Higher As Weaker Dollar Lends Support
Gold prices inched up on Thursday, extending gains into a third session as a softer dollar made the metal…
Power Generation Companies In Nigeria suffered Loss Of N1.66 Trillion In Seven…
Power generation companies in Nigeria have said they suffered a loss of N1.66tn in seven years as a result of…
Turkey And Nigeria Sign A Bilateral Agreement On Improving Security And Trade
The need to improve security and trade between Nigeria and Turkey formed the highlight of the bilateral agreements…
Microsoft: Window 11 Is Available For Free Upgrade On Eligible Windows 10 PCs
Microsoft has announced the availability of Windows 11 around the world, through a free upgrade on eligible Windows…
Evergrande Shares Dropped By Over10 Percent
China Evergrande shares briefly dropped more than 10% in opening trade on Thursday, after a deal to sell some…
Central Bank Of Nigeria To Promote Entrepreneurship By Supporting Youths With…
The Central Bank of Nigeria has said it will support youths in tertiary institutions with grants to promote…
International Renewable Energy Agency And International Labour Organization…
The Directors-General of the International Renewable Energy Agency and the International Labour Organization have…
Lagos State Ministry Of Education Train 50 Teachers In Partnership With US…
The Lagos State Ministry of Education has partnered with the US Consulate General to train 50 teachers from the…