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Aradel Holdings has announced plans to acquire a 5.14% equity interest in Chappal Energies Mauritius Limited, a company focused on investing in high-value, established upstream energy...
The Nigerian currency showed strength in the official currency market but remained lukewarm in the black market following the CBN’s interest rate hike. FMDQ data showed...
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...
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...
The founder of the Silverbird Group, Ben Murray-Bruce, has recounted how his South African partner defrauded him of $3.5 million in a cinema complex purchase in...
Businessman Abdullahi Abiola has called on the Central Bank of Nigeria (CBN) to urgently settle matured foreign exchange forward contracts with banks and manufacturers to prevent...
