Seawave Invest Ltd says it is open to investigation over Lekoil’s loan scam
Days after the validity of Lekoil Ltd's $184 million loan became questionable, the company that brokered the deal said it is open to investigation.
Tag: On the Money
On the Money are stories and analysis tracking the movement of smart money across the capital and money market.
Siemens signs €250m electricity deal with Ghana
Siemens has sealed a deal with the Republic of Ghana to upgrade the nation’s electricity grid using €250 million of ...
Tesla Inc: Elon Musk nears $346 million paycheck
Elon Musk, the Chief Executive of Tesla Inc is closer to receiving the first $346 million tranche of options in ...
Customs denies spending N1.6 billion on recruitment exercise alone
The Nigeria Customs Service (NCS) has denied the claim of Ade Fadahunsi that it paid a consultant N1.6 billion to ...
NSE records first loss in 2020, as ASI dip 1.18%
The stock market traded bearishly on Tuesday for the first time this year, having dipped 1.18% of the All-Share index,
GenCos urge NBET to pay up N1 trillion debt
The Nigerian Bulk Electricity Trading Plc (NBET) is reportedly owing Power Generation Companies (GenCos) in the country about N1 trillion ...
BHH Podcast: What 2020 holds for SMEs (2) – Ugodre
Business Half Hour (BHH) is a weekly podcast targeted at Startups and Entrepreneurs, who are redefining the Nigerian business scene ...
Visa to acquire fintech company, Plaid, for $5.3 billion
Popular payments company, Visa, has announced that it is acquiring fintech startup, Plaid, in a deal worth $5.3 billion. #PLAID #VISA
Reps to engage EFCC against Telcos over alleged N200 billion NITDA debt
Telecommunication providers in the country are set to be investigated by EFCC and DSS over allegedly owing NITDA N200 billion.
Banks to recover N6.125 trillion loan from oil firms
Commercial banks in Nigeria are set to begin the recovery of N6.125 trillion borrowed to oil firms in a bid ...
