The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has approved a license for the establishment and construction of a new refinery....
The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Nneka Onyeali-Ikpe, has acquired 15 million shares of the bank in a transaction worth N239.4...
The Central Bank of Nigeria (CBN) has issued new guidelines for interbank foreign exchange trading through the Electronic Foreign Exchange Matching System (EFEMS), mandating a minimum...
The Federal Government, through the Nigerian Shippers Council (NSC), has announced plans to implement the International Cargo Tracking Note (ICTN) to enhance security and boost revenue...
President Bola Tinubu has emphasized his dedication to reducing the “hardship” arising from the ongoing economic reforms of his administration in Nigeria. Tinubu made this statement...
The Federal Mortgage Bank of Nigeria (FMBN) has secured a ₦100 billion Offtaker Guarantee to support the development of the Karsana Renewed Hope City in Abuja....
Aliko Dangote, Africa’s richest man, is seeking to raise billions of dollars to step up crude oil supplies for his $20 billion oil refinery in Lagos,...
The shareholders of FBN Holdings have approved the company’s plan to raise up to N350 billion in additional capital and change its legal and brand names....
President Bola Tinubu has arrived in Rio de Janeiro, Brazil, to participate in the 19th G20 Heads of State and Government Summit. Tinubu landed on Sunday...
MultiChoice Group Limited has written off $21 million deposited in Nigeria’s Heritage Bank after the financial institution’s liquidation earlier this year. This was disclosed in the...