Business and Economy
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Half Year: MTN posts N519 bn loss after tax
By Rukayat Adeyemi Lagos, July 31, 2024 MTN Nigeria Communications Plc has reported a loss after tax of N519.1 billion…
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CBN guidelines: Customers throng banks to re-activate dormant accounts
By Ginika Okoye Abuja, July 30, 2024 Bank customers have thronged their banks to reactivate their dormant accounts in line…
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Senate moves to tackle issues of unclaimed dividends
By Naomi Sharang Abuja, July 29, 2024 The Senate says it will tackle all issues of unclaimed dividends in the…
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Fuel scarcity, queues persist in FCT
By Emmanuella Anokam Abuja, July 29, 2024 Fuel queues have persisted at few fuel stations in the Federal Capital Territory…
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Reps to investigate Dangote refinery, NMDPRA, NNPC rift
By Femi Ogunshola Abuja, July 27, 2024 The House of Representatives has said that it would investigate the ongoing spat…
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CBN sells another US$148 Million to authorised dealers
ABUJA The Central Bank of Nigeria (CBN) sold a cumulative amount of US$148,000,000.00 (One Hundred and Forty-Eight Million United States…
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Afreximbank, Câmara de Comércio de Sotavento partner to host 2024 Trade and Business Roadshow in Cape Verde
PRAIA, Cape Verde, July 26, 2024 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Câmara de Comércio de Sotavento have announced a…
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African Development Bank expresses strong support for African Union Peace Fund revitalization
ACCRA, Ghana, July 24, 2024 The African Development Bank (www.AfDB.org) has expressed strong support for revitalizing the African Union (AU)…
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NNPCL-Dangote Refineries rift: HOMEF demands transparency, investigation of claims on import of toxic fuels
The Health of Mother Earth Foundation (HOMEF) has demanded transparency and investigation into allegations of importing and foisting ‘dirty’ fuels…
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President Nguema of Gabon invites Dangote to invest in Cement, Fertilser production in country
President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko…
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Nigeria’s Fidelity Bank dazzles America
Nigeria’s banking industry’s shining star, Fidelity Bank Plc, has dazzled appreciative Nigerian Diaspora community members in different cities of the…
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Fidelity Bank’s consistent strong growth excites investors
Fidelity Bank Plc has recorded an average annual profit growth of 64 per cent over the past three years, underlining…
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TD Africa, BOSCH strengthen ties on Nigerian consumer electronic market
Lagos, Nigeria – July 15, 2024 To further showcase its acknowledgment and endorsement of the Nigerian-born, Africa-wide technology distribution company,…
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Dangote: Our Refinery is having repeated orders from abroad
….Urges National Assembly to test all available products from Standard laboratory to disclaim NMDPRA’s assertions President of Dangote Group, Aliko…
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Stop crude oil theft, illegal refining, pipeline vandals, ex NNPC GMDs tell security agencies; Hail GCEO Kyari’s feats
Former Group Managing Directors (GMDs) of the NNPC have met in Abuja with a call on the nation’s security agencies…
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Reps joint committee probes Dangote, Lafarge over rising price of cement
By EricJames Ochigbo Abuja, July 20 2024 The Joint Committee of the House of Representatives investigating arbitrary rise of cement…
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CBN commences regular foreign exchange sales to bridge demand gap
CBN governor, Yemi Cardoso By Kadiri Abdulrahman Abuja, July 19, 2024 The Central Bank of Nigeria (CBN) says it has…
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Republic of Congo: AfDB Group grants $260 million loan to strengthen agricultural sector, value chains
ABIDJAN, Ivory Coast, July 19, 2024 The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan…
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IT outage wreaks havoc on airlines, banks, media outlets worldwide
Berlin, July 19, 2024 Computer issues were causing major disruption worldwide on Friday, affecting airlines and airports, media outlets, banks…
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CBN approves sale of forex to BDCs to meet demand for invisible transactions
The Central Bank of Nigeria (CBN) has approved the sales of foreign exchange (FX) to eligible Bureau De Change (BDCs)…
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Ex-agitators mobilise for ‘mother-of-all protests’ against East-West road neglect
Ex-agitators in the Niger Delta region are gearing up for a massive protest against the Minister of Works, Chief Dave…
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Defend Africa, extend sustainable upliftment to our people – Tinubu tell African Ministers of Solid Minerals
President Bola Tinubu on Wednesday in Abuja asked African leaders in the solid minerals sector to be patriotic and proactive…
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Nigeria attracts $2bn investment in renewable energy sector – Tinubu
By Salisu Sani-Idris Abuja, July 17, 2024 President Bola Tinubu on Wednesday disclosed that Nigeria has attracted over $2 billion…
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UK appoints new Country Director to lead UK-Nigeria trade and investment relations
The UK has appointed Mr. Mark Smithson the Country Director for the UK’s Department for Business and Trade (DBT) in…
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Access Bank raises N442.5bn capital through FMO syndicate Tier II facility
By Rukayat Adeyemi Lagos, July 16, 2024 Access Bank Plc has signed a monumental syndicate Tier II Facility agreement of…
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