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Court orders interim forfeiture of 3 posh Abuja properties valued at N11.14bn link to Emefiele

Court orders interim forfeiture of 3 posh Abuja properties valued at N11.14bn link to Emefiele Justice Chukwujekwu Aneke of a Federal High Court sitting in Lagos has ordered an interim forfeiture of properties valued about N11.14 billion linked to the embattled former Governor of the Central Bank[Read More…]

June 7, 2024 by Eberechi Constance 0 comments

Business

Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer

Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue to existing shareholders and a Public[Read More…]

June 6, 2024 by Eberechi Constance 0 comments

Business

French investors to support establishment of whole agribusiness market in Oyo

French investors to support establishment of whole agribusiness market in Oyo Director-General of the Oyo State Agribusiness Development Agency (OYSADA) and Executive Adviser on Agribusiness to Governor ‘Seyi Makinde, Dr Debo Akande, has stated that a French firm, SEMMARIS-Rungis International Market, is set to support the establishment of[Read More…]

June 6, 2024 by Eberechi Constance 0 comments

Business

Fidelity Bank outperforms banks, stock market with 507% gain in 5 years

Fidelity Bank outperforms banks, stock market with 507% gain in 5 years Investors in Fidelity Bank Plc have earned more than 507 per cent in capital gains over the past five years, ranking above all other major return benchmarks at the Nigerian stock market and the entire banking[Read More…]

June 3, 2024 by Eberechi Constance Comments are Disabled

Business

Tinubu to inaugurate NASENI CNG conversion centre Today, May 31

Tinubu to inaugurate NASENI CNG conversion centre Today, May 31 The National Agency for Science and Engineering Infrastructure (NASENI) says plans have been concluded for the inauguration of its compressed natural gas (CNG) conversion, filling, reverse engineering, and training centre, in Abuja. Speaking to journalists on Wednesday in Abuja, Khalil[Read More…]

May 31, 2024 by Eberechi Constance Comments are Disabled

Business

NNPC, MPNU sign settlement agreement for ExxonMobil-Seplat deal

NNPC, MPNU sign settlement agreement for ExxonMobil-Seplat deal The Nigerian National Petroleum Company (NNPC) Limited said it has signed a settlement agreement for the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. According to a statement on Thursday by the national oil[Read More…]

May 31, 2024 by Eberechi Constance Comments are Disabled

Business

FG acquires $500m World Bank loan to enhance power distribution

FG acquires $500m World Bank loan to enhance power distribution The Bureau of Public Enterprises (BPE) says the federal government has secured a $500m World Bank loan to boost electricity distribution in the country. The Bureau of Public Enterprise (BPE) announced the World Bank loan in a statement[Read More…]

May 31, 2024 by Eberechi Constance Comments are Disabled

Business

Tax reform committee proposes N800/$ as customs import duty rate

Tax reform committee proposes N800/$ as customs import duty rate The presidential committee on fiscal policy and tax reforms says it has asked the federal government to adopt an exchange rate of N800 per dollar for customs import duty. Taiwo Oyedele, chairman of the committee, spoke on Thursday while engaging[Read More…]

May 30, 2024 by Eberechi Constance Comments are Disabled

Business

Union Bank Commemorates International Children’s Day with Barnyard Children’s Fiesta

Union Bank Commemorates International Children’s Day with Barnyard Children’s Fiesta Union Bank of Nigeria, as part of activities marking this year’s celebration of International Children’s Day and further to the financial institution’s support for the growth of the Nigerian child, recently hosted kids to a special[Read More…]

May 30, 2024 by Eberechi Constance Comments are Disabled

Business

LASG partners with Dutch Firm to Construct High-Efficiency Waste-to-Energy Plant

LASG partners with Dutch Firm to Construct High-Efficiency Waste-to-Energy Plant Lagos-state government has formalised a partnership with a Dutch firm, Harvest Waste Consortium, to construct a high-efficiency Waste-to-Energy plant on Epe landfill. Governor Babajide Sanwo-Olu said on Monday that the government would utilise the advanced[Read More…]

May 29, 2024 by Eberechi Constance Comments are Disabled

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Court orders interim forfeiture of 3 posh Abuja properties valued at N11.14bn link to Emefiele

Fidelity Bank undertakes ₦29.6 billion rights issue, ₦97.5 billion public offer

French investors to support establishment of whole agribusiness market in Oyo

Fidelity Bank outperforms banks, stock market with 507% gain in 5 years

Tinubu to inaugurate NASENI CNG conversion centre Today, May 31

NNPC, MPNU sign settlement agreement for ExxonMobil-Seplat deal

FG acquires $500m World Bank loan to enhance power distribution

Tax reform committee proposes N800/$ as customs import duty rate

Union Bank Commemorates International Children’s Day with Barnyard Children’s Fiesta

LASG partners with Dutch Firm to Construct High-Efficiency Waste-to-Energy Plant

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