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.

Honeywell to pay shareholders N475.8 million as dividend

Honeywell Flour Mills Plc to pay dividend for 2018 financial year.

Resort Saving blames suspension in trading for delay in Milost deal

Resort Savings and Loans Plc has attributed the delay in Milost Global injecting funds to a technical suspension on its stock.

Armed robbery attack at a Union Bank branch leaves two dead

There was an incident of armed robbery attack yesterday at a Union Bank Plc branch in Ekiti State.

Nestoil’s CEO demands FG to increase gas pipeline in Nigeria

The businessman made this demand at the 2018 International  Pipeline Technology and Security Conference.

Ekocorp Plc announces new appointment to its Board

The EKO represents the first letter of the surname of each of the 3 founders.
MTN stand at TechFest 2018

Stakeholders are displeased with MTN over constant infractions

Some stakeholders in the Nigerian Stock Exchange have expressed displeasure over MTN's constant infractions and troubles with the Nigerian authorities.

NCC clears the air on Teolology’s final takeover of 9mobile

$100 million debt of Teleology Holdings Limited untrue, NCC says.

A new investor may have taken up a stake in Redstar Express Plc

Redstar Express Plc may have a new investor taking up a stake in the firm.

Coca Cola set for complete acquisition of Chi, eyes Horlicks drink

Coca Cola says it is moving ahead with plans to take over Chi Ltd.

Keystone Bank has been sued over non-compliance with TSA rules

Keystone Bank has been sued for alleged violation of the TSA policy.

NNPC is under fire for attempting to sideline AKK project consortium

NNPC risk being dragged to court for meddling in the contract for the multi-billion dollar TNGP project.

Teleology may still have to wait as 9Mobile final takeover is delayed

Umar Dambatta explains why Teleology takeover of 9mobile is delayed.

Wapic Insurance Plc has paid N10.6 billion claims in five years

Wapic Insurance Plc is one of the leading West African full line insurance company.

Dangote launches ‘BlocMaster’ for cement moulders

Multitude of block makers in attendance lauded the company’s innovative efforts.

Donald Duke’s wife, Owanari, gets new board appointment

Dizengoff Nigeria has announced the appointment of Owanari Duke as the company's new Chaiarma.

Apple’s €14.3 billion payment could have consequences

Apple has obeyed a EU ruling which ordered the firm to pay Ireland €14.3 billion as taxes.

FG explains sale of its 21% shares in security printing company to CBN

The FG has signed over 21% of its ownership rights in NSPM to the CBN.

Coca Cola’s interest in cannabis presents export opportunities for Nigeria

Coca-Cola said it has developed an interest in the cannabis drinks market.

FBNQuest lends its support to raising cancer awareness in Nigeria

In furtherance of this, FBNQuest Merchant Bank joined the 2018 NSE Corporate Challenge to support the fight against cancer.
Crude Oil

Malabu court case set to commence in Italy

Malabu acquired the block from the Federal Government in 1998 for $20 million dollars.

Many bank CEOs absent as Jim Ovia launches book

Mr Jim Ovia, yesterday in Lagos launched his highly-anticipated book “Africa Arise and Shine" in the absence of his banking colleagues.

Guinness Nigeria Plc appoints new Non-Executive Director

Yemisi Ayeni is the immediate past Managing Director of Shell Nigeria Closed Fund Administrator Limited.

Airtel partners phone brands to woo customers as subscribers decline

Airtel Nigeria has partnered three of the leading phone brands in Nigeria to offer increased value delivery to customers.

The 2018 GTBank Fashion Weekend set to hold in November

Now in its third year, the GTBank Fashion Weekend has become the premier consumer-focused event.

Naspers has finalised its mode of exit from Multichoice

Naspers has decided to list Multichoice its pay video business on the Johannesburg Stock Exchange.

I-invest will herald Nigeria’s evolution into a high-savings society

I-invest will enable Nigerians to invest in T-Bills from any location at their convenience.

LASACO Assurance joins the race for capital

LASACO Assurance Plc has joined the league of insurance companies queuing to raise capital.

Mutual Benefits Assurance rights issue closure gets new date

Mutual Benefits Assurance Plc has been granted approval by SEC for an extension of the offer period of its rights issue.