BUSINESS
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CBN revokes operational licences of 4,173 BDCs + Full list
The Central Bank of Nigeria (CBN), has announced revocation of operational licences of 4,173 Bureaux De Change (BDCs) for failure…
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Why Nigeria hit Binance with a $10 billion fine – Bayo Onanuga
In a surprising move that has sent shockwaves through the cryptocurrency community, the Nigerian government recently imposed a staggering $10…
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Seplat Energy proposes $0.03/50k dividend for shareholders
Seplat Energy Plc on Thursday proposed a final and special dividend rate of three cent per ordinary share of 50k…
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Dangote Group commits to deepening Nigeria’s local content
The Dangote Group has restated its commitment to deepening Nigeria’s local content across business sectors. The representative of the company,…
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Lafarge Africa records 4.7% loss due to Naira devaluation
Lafarge Africa Plc says its Profit After Tax (PAT) for the 2023 financial year declined by 4.7 per cent. Mr…
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ALSCON will require more than $500m to restart production – MD
The Aluminium Smelter Company of Nigeria (ALSCON), Ikot Abasi in Akwa Ibom, will require more than $500 million to restart…
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African Alliance Insurance pays N40bn claims in 4years
The African Alliance Insurance Plc on Thursday said it paid N40 billion as claims between 2019 and 2023. Mrs Joyce…
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Equity market recovers, investors gain N390bn
The Nigerian equity market on Thursday recovered from its three sessions losses, making investors gain N390 billion. Improved buy interest…
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Minister, AGF deny knowledge of CBN/Systemspecs revenue collection contract
The Attorney-General of the Federation (AGF), Mr Lateef Fagbemi and Minister of Finance, Mr Wale Edun have denied knowledge of…
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Nigeria-Qatar gas cooperation good for global clean-energy transition – Tuggar
The Federal Government on Thursday said cooperation between Nigeria and Qatar in the area of gas-energy transition from non-renewable energy…
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