BUSINESS
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FBN Holdings denies Otedola’s acquisition
FBN Holdings (FBNH) Plc has denied the purported acquisition of a majority stake in the company by Mr Femi Otedola.…
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Solarcity, Fidelity Bank birth First Solar Commercial in Owerri
The Board and Management of Solarcity Housing and Commercial Estate Ltd. (SOLARCITY H.A.C.E.), a real estate development company based in…
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Freight-Forwarders to go on strike over shippers’ extortion
Freight-forwarders have threatened to go on strike due to alleged extortion and high-handedness by shipping companies. The National Association of…
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Following CBN Licence Revocation, NDIC liquidates 500 deposit money, microfinance banks
The Nigeria Deposit Insurance Corporation (NDIC) says it has liquidated at least 500 deposit money, microfinance, and primary mortgage banks…
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In a Surprise Move, Femi Otedola Set To Be Confirmed Majority Shareholder of FBNH
It can now be confirmed that billionaire investor, Femi Otedola, is about to be confirmed majority shareholder of FBN Holding…
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Big win for Content Providers as Facebook agrees to pay French press for news
Facebook said Thursday it had reached an agreement with some French newspapers to pay for news content shared by its…
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Nigeria loses N217 billion to Twitter Ban
The Nigerian economy has lost over N217 billion since the Twitter ban which entered its 100th day on September 14.…
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How NIMASA Has Been Forging Ahead in the Face of a Global Pandemic
The agency integrated the use of technology in the verification of Certificates of Competency (CoC). This has led to a…
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Nigeria loses N530bn yearly to motor insurance evasion
According to The Guardian reports, although Nigeria has about 11.8 million registered vehicles plying the roads, only about 1.2 million…
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U.S. Mission to Facilitate Increased Investment into Nigeria Through Lagos Free Trade Zone
“Lagos Free Zone is a catalyst to fast track industrialization and for sustainable economic development not just for Lagos state…
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