Tony Elumelu’s Transcorp’s Abuja Electricity Distribution Company (AEDC) is facing sanctions for breaching recently enacted electricity tariffs in Nigeria’s capital city. This development sheds light on...
The Economic and Financial Crimes Commission (EFCC) is set to arraign former Central Bank of Nigeria Governor, Godwin Emefiele, on charges of alleged abuse of office...
President Bola Tinubu has said though he does not have the magic wand, his administration would fix the economic challenges confronting the citizenry. He also assured...
A fresh round of squabbles is currently rocking the board of First Bank of Nigeria, a development shareholders fear poses a major threat to the bid...
According to Oseni, customers in Band A who are those who enjoy 20 hours of electricity supply daily represent 15 percent of the 12million electricity customers...
THE value of transactions on the stock market of the Nigerian Exchange Ltd.(NGX) went down by 13.81 per cent on Tuesday after two days of Easter...
The quartet of United Bank for Africa (UBA), Wema Bank, Zenith Bank and Stanbic IBTC are risking sanctions from the Nigerian Xchange for failing to file...
In 2023, Access, Nigeria’s largest commercial bank by assets, reported losses of ₦6.15 billion from fraud and forgery, up from ₦1.44 billion the previous year. Fraudulent...
This is part of the Tinubu Administration’s efforts to save costs. In the fleet, there are currently 10 aircraft consisting of six jets and four helicopters....
There were indications on Monday that the Central Bank of Nigeria has sacked at least five directors in what looked like the commencement of a reorganisation...
Justice James Omotosho on Friday ordered the remand of Akindele, who is the Managing Director and Chief Executive Officer (MD/CEO) of Duport Midstream Company Limited, until...
Lagos Oriental Hotel in the news for violation of multiple Nigerian labour laws by paying some of its full-time staff a monthly salary of N25,000 which...
Professor Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), has responded to reports that the administration of President Bola Ahmed Tinubu...
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBN Ghana Limited. In a...
Driver of Herbert Wigwe, the late group chief executive officer of Access Holdings Plc, has recounted the first kindness he received from his boss. Speaking on...
More facts emerged over the Sunday looting of a private warehouse in the Karmo community of the Federal Capital Territory (FCT). Daily Trust reported how some...
Nigerian business mogul and Africa’s richest man has named its largest road network to Dangote Refinery after the late founder and Group Chief Executive Officer of...
Lagos State governor, Babajide Sanwo-Olu, on Monday, vowed to immortalise the late founder of Access Bank, Herbert Wigwe, who was born at the Island Maternity Hospital...
The House of Representatives Committee on Financial Crimes is set to evoke its constitutional powers against Binance Holdings Limited because it failed to appear for its...
The Nigerian Economic Summit Group has told the present federal government under President Bola Ahmed Tinubu that the $1 trillion Gross Domestic Product growth target by...
Rivers State Government has launched a major initiative to revive the Integrated Songhai Farms, abandoned more than eight years ago by the immediate past administration of...
The Central Bank of Nigeria, CBN, says it has concluded the sale of government securities, issuing N1.053 Trillion($680 million) in short-term instruments as part of its...
John Kalu, former Commissioner for Information, Trade and Investment under ex-Abia State governor, Okezie Ikpeazu’s government, has slammed governor Alex Otti over his comment on the...
Robert Dickerman, the Chief Executive Officer and Managing Director of Pinnacle Oil and Gas Limited, has disclosed that despite the announcement of total deregulation of petroleum...
President Bola Ahmed Tinubu has directed cement companies in Nigeria to revert to old prices amid the hike in the cost of the commodity. This directive...
President Bola Ahmed Tinubu has directed cement companies to go back to the status quo as regards to the price of the commodity. Minister of Works,...
Group Executive Director (GED) of BUA Cement PLC Kabir Rabiu yesterday reaffirmed his company’s commitment to lowering the price of cement from between N9, 000 and...
The Southeast nominee for membership of the Central Bank of Nigeria (CBN‘s) board of directors, Urum Kalu Eke, has rejected his appointment. The Senate however confirmed...
Nigeria’s Gross Domestic Product growth of 3.46 per cent in the fourth quarter of 2023 without impact on the well-being of citizens has raised fresh concerns...
The Nigeria Customs Service has announced a temporary halt to its national food distribution initiative launched in Lagos over the weekend due to a tragic stampede...
Allen Onyema, the Chairman and CEO of Air Peace Limited, has explained that the airline chose Gatwick Airport to operate its Lagos-London flight, which commences from...
