BUSINESS
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NGX Group set to unveil e-offering platform for recapitalisation
In preparation for the bank’s recapitalisation exercise, the Nigerian Exchange Group Plc (NGX Group) has concluded plans to unveiled an…
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Dangote Refinery says “No cause for alarm” over fire
Dangote Industries Ltd. has confirmed a minor fire incident at the Effluent Treatment Plant (ETP) in the Dangote Refinery and…
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Investors lose N49bn as stock market continues downward trend
The domestic bourse continued its downward trend on Tuesday as investors sold off banking, consumer and industrial stocks. Consequently, Nigeria…
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NMDPRA refutes Dangote’s dirty fuel imports allegation
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says there is no imported dirty fuel in the country. The…
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Dirty Fuel Importation: “You lied”, DAPPMAN replies Dangote
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) said that contrary to the allegations of Dangote Refinery, none…
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FCMB-TLG targets N10bn with Private Debt Fund Series 1
FCMB Asset Management Ltd. (FCMBAM) has opened the FCMB-TLG Private Debt Fund’s Series 1 Offer for subscription, to raise N10…
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NEPZA says Free Trade Zones remitted N11.1bn in 3yrs
The Nigeria Export Processing Zones Authority (NEPZA) said the country’s Free Trade Zones generated N11.1 billion between 2020 and 2023.…
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X-raying the plight of small businesses in Nigeria
By Lucy Ogalue Small businesses are crucial for ensuring the growth of a nation’s economy. In Nigeria, small businesses employ…
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Food Security: USAID awards $26.6m grants to 33 Nigerian companies
The United States Agency for International Development (USAID) says it has awarded 26.6 million dollars in co-investment grants to 33…
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Recapitalisation: CSOs allege Banks’ counter plans due to fear of forensic audit
A Coalition of Civil Society Organisations (CSOs) has alerted the Federal Government and CBN to an organised plot by some…
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