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Meyer plc appoints Devashish Nath

Meyer Plc reacts to publications about FIRS’ shut down of its premises

Meyer Plc has issued a statement in response to last week's media publications about the shut down of its factory by the Federal Inland Revenue Service. .

List Of 23 Tough Conditions States Must Fulfill Before They Get The N90 billion...

We doubt many states will be able to meet these conditions in such a limited time.

Official: Elemelu’s Hiers Holding To Develop Falomo Shopping Complex

  For those familiar with the Awolowo Road terrain the popular Falomo Shopping complex has been closed for renovation for some months now. Following the...
OSCAR ONYEMA

NSE has imposed penalties on these financial institutions

Sequel to its earlier sanctions on some quoted companies, the Nigerian Stock Exchange has again announced penalties for six more financial institutions over their...

Lagos defends action on Cleaner Lagos Initiative

Lagos State Governor, Mr. Akinwumi Ambode has described the current challenges faced in the waste management of the state.

FMDQ Positions the Nigerian DCM for Growth; Holds the 2017 Nigerian Debt Capital Markets...

On Thursday, September 28, 2017, FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange) played host to a wide audience of local and international...
Shell

Italian Court jails Nigerian, one other over Malabu oil deal

An Italian Judge has sentenced two middlemen found guilty of corruption offences relating to Shell and Eni.

Wema Banks Looks Serious About Acquiring A “Rival Bank”

Reuters is reporting that Wema Bank is planning go acquire or merge with a "rival bank". The bank is said to have plans to...

What Foreign Media Is Saying About Osinbajo

A refreshing difference in style

EPIC’s 107,000bpd Refinery Will Be Ready In 16 Months

The Federal Government has granted licence to Epic Refinery and Petrochemical Industries Ltd to build a 107,000bpd refinery in Oporoma,...

CBN Ban On Sales Of Forex Just Crashed The Naira TO $1/N300

The consequences of the Central Bank of Nigeria (CBN) ban on the sales of forex to Bureaux De Change (BDC) operators, seemed to have no...

Supreme Court floors Ecobank’s appeals against Honeywell

Supreme Court has thrown out three different appeals filed by Ecobank against Honeywell.

Aliko Dangote Has A Million Dollar Plan For Nigeria’s Tomato Industry

Africa's richest man, Aliko Dangote wants to revolutionize tomato production in Nigeria, with a giant factory that will boost domestic output, create jobs, and...
Godwin Emefiele

CBN releases guidelines for DCRR and CB programme

The Central Bank of Nigeria has issued guidelines for the release of funds to banks for lending from their Cash Reserve ratio and the...

NCC Hits MTN With Largest Corporate Fine In Recent History, Share Price Nose Dives!

The Nigerian Communications Commission, NCC has fined South Africa's MTN 1.04 trillion naira ($5.24 bln) after it failed to comply with a directive to...

Shell Agrees To Pay $15.5 Million Over Its Role In The Killing Of Ken...

Royal Dutch Shell, on Tuesday agreed to pay a settlement of $15.5 Million (N3 billion) over the killing of novelist and environmental activist, Ken...
Muhammadu Buhari

P&ID’s Hedge Fund purchase underscores fiscal and monetary risks to Nigeria

The Nigerian Government could be forced to pay the company, P&ID, US$9.0 billion, or otherwise face freezing of US dollars.

Technical Suspension: IHS Plc Gets Court Approval To Delist From The NSE..

IHS Nigeria Plc has, through its Stockbroker – Atlas Portfolios Limited - notified The Nigerian Stock Exchange that it has obtained a Court Sanction...

First Bank launches Firstmonie

Imagine a walking, talking ATM. No it is not a machine, Firstmonie agents are humans like you, except you can now perform a majority...

Meet Kunle Elebute, KPMG Africa’s new chairman

Global professional services firm, KPMG has announced the appointment of Kunle Elebute as Chairman for KPMG Africa, a position that he would take on,...
the Nigerian telecoms sector - cyber-crime control

NCC set to host maiden edition of Nigerian Telecom Leadership Summit

The NCC, have finished preparations to host the maiden edition of Nigerian Telecom Leadership Summit (NTLS 2019) scheduled to hold in Lagos next week.

IS THE NEW N5K NOTE A PRELUDE TO $1=N200? FOR NOW ITS A RUMOR...

On a faithful day on the 3rd of December 2008 Nigerians woke up to a 6.58% depreciation of the Naira sending the value of...

Transcorp Hotels Plc Files N8billion Initial Public Offer

This just in from NSE website; Transcorp Hotels Plc, a hospitality subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc), has filed an application for...

Niger Delta militants may resume attacks soon

The relative peace that has been enjoyed in the Niger Delta, may soon be a thing of the past if the words of the...

Reactions trail EFCC’s vow to punish Innoson boss

EFCC to ensure Innoson boss' arrest

Pay TV operator, Kwese takes a major stake in Iflix Africa

Kwese TV, the satellite and broadcasting network owned by Econet Media has taken a stake in Iflix Africa. The company disclosed this in a...

29 Oil Marketers Gets Nod To Import 1.6mmt of Fuel For Q3

 In a bid to end the fuel shortages across the country, the federal government has approved fuel import allocations for...

Money Gram Announces Nigerians Can Now Receive Transfers From Europe Direct Into Their Bank...

MoneyGram today announced it is the first money transfer company to offer customers in France, Germany, Ireland, Italy and Spain a way to...
Oluwatobi Boshoro, RenMoney

Renmoney announces appointment of new CEO

RenMoney appoints Oluwatobi Boshoro as CEO

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Central Bank of Nigeria

CBN is set to recapitalise Nigerian banks again

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has announced that the apex bank is set to recapitalise Nigerian commercial banks.
Julian Osula, Julian's Luxury

Meet Julian Osula, the billionaire who disrupted traffic with a helicopter

Finally, the identity of the billionaire that disrupted traffic along Lagos-Benin Expressway has been revealed.
NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank loses N230 million to rogue staff

NPF Microfinance Bank in its 2018 financial statements disclosed a staff defrauded the bank of N230 million.