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Flutterwave appoints Marshall Lux, former Chief Risk Officer at JPMorgan Chase, as Senior Advisor
Flutterwave, Africa’s leading payments technology company, announced the appointment of Marshall Lux, former JP Morgan Chase Chief Risk Officer of all consumer products, BCG and McKinsey…
‘We’re no longer interested’ — BUA says Kogi can revoke 50,000-hectare land
BUA Group, a manufacturing and infrastructure conglomerate, says it is no longer interested in a 50,000-hectare land it acquired from the Kogi government in 2012. The company said this in a…
Kogi Communities Jubilate as Dangote Cement Obajana Plant reopens
There were huge scenes of…
Nigeria Cinemas Generate N495m In September – CEAN
The Cinema Exhibitors Association of Nigeria (CEAN) says it realised N495m from ticket sales across cinemas in the country in the month of September. CEAN’s National President, Mr Ope Ajayi,…
FG commences collection of charges on helicopters landing on oil rigs
The federal government, through its consultant, Naebi Dynamic Concepts Limited, has inaugurated a team to drive its new initiative of collecting landing and take-off charges from helicopters…
MTN talks to buy South Africa’s Telkom said to have stalled
MTN Group Limited’s talks to buy South Africa’s Telkom SA SOC Limited have stalled following a rival proposal from another telecom company, according to people familiar with the matter.…
BREAKING: FG Orders Immediate Reopening Of Dangote Cement Factory In Kogi
The National Security Council (NSC) chaired by President Muhammadu Buhari has directed that Dangote Cement factory in Obajana, Kogi State, be reopened immediately. The council gave the…
FY:21 Geregu Power hits N71bn turnover
Geregu Power Plc has announced that it realised about N71 billion in turnover in 2021. According to an audited earnings report of the power company issued on Monday, substantial increases in…
MTN to offer 365,000 smartphones through financing scheme
MTN Nigeria Communication Plc is set to enable 365,000 Nigerians with access to smartphones by 2023. The telecommunication firm is set to achieve this through its device financing…
Suspend Sale Of Polaris Bank – Reps tell CBN
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc. The House said the suspension should be until the CBN Deposit…
How we acquired Obajana Cement 100% in 2002 – Dangote Group
The management of Dangote Industries Ltd. (DIL) has explained how it acquired 100 per cent stake of Obajana Cement plc as a shell from Kogi State Government in 2002. The…
NNPC, oil firms agree on 3-month payment deferment at ‘premium cost’
Dwindling crude production has forced the…
Nigeria’s crude oil production drops for third consecutive month — now 937,766bpd
Nigeria’s crude oil production has…
Dangote, Yahaya Bello meet in Aso Rock to resolve Obajana ownership tussle
Aliko Dangote, president of the…
How 62 Airlines Went Moribund Since 1960
Dozens of airlines that operated both scheduled and non-scheduled flight services have gone moribund since 1960 when Nigeria attained independence from the British colonialists,…
Obajana Standoff: Dangote To Approach Court As Kogi Moves To ‘Recover’ Company
Investigations by Daily Trust have revealed that the management of Dangote Group has concluded plans to approach the court this week over the legality of the Kogi state’s vigilante members…
Foreign education gulped $609.5m in eight months — CBN
Nigerians spent $609.5m on foreign education between January and August 2022, The PUNCHhas learnt. The figure is contained in the data obtained from the Central Bank of Nigeria, calculated…
Obajana: Kogi Students vow to seek justice to Intl Court
The National Association of Kogi State Students (NAKOS) has expressed determination to defend the stand of the government over ownership of the Obajana Cement company up to the International…