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Big firms flock to Eko Atlantic on prestige
…MTN, FirstBank, American Embassy, others take position Eko Atlantic has become Nigeria’s most sought-after city for its high-end infrastructure, prestige and well-planned city layout as reflected in…
Show Construction Approvals for Alleged Demolished Structures – Amosun Replies Dangote
Former Governor of Ogun State, Senator Ibikunle Amosun, has dismissed as deliberate mischief, claims by the Chairman…
BREAKING: Nigeria’s inflation rate falls to 23.2% in February 2025
Nigeria’s inflation rate declined to 23.2% in February 2025, marking a slight drop from 24.1% recorded in January 2025, according to data reported by Bloomberg. The agency last month overhauled the consumer…
Sycamore appoints ARM’s Oluwagbenga Magbagbeola to lead asset management as it secures SEC licence
Nigerian fintech company Sycamore has appointed Oluwagbenga Magbagbeola, former Managing Director of ARM Securities, to head its asset management division. This follows the company’s acquisition of a Securities and…
Kwara government revokes 2024 billboard licences
The Kwara government has announced the immediate revocation of 2024 signage and billboard licences across the state. This is contained in a statement signed by Ibrahim Garba, the secretary, task force committee…
TAJBank to issue N20 billion Sukuk, targets N100 billion yield
One of Nigeria’s leading non-interest banks, TAJBank, says it is finalising arrangements to raise the sum of N20 billion Mudarabah Sukuk bond to beef up its additional tier 1 capital. The chief executive officer…
BREAKING: Otudeko, others discuss settlement with EFCC under AGF supervision over alleged N12.3bn…
The Chairman of Honeywell Group, Chief Oba Otudeko, a former Managing Director of First Bank, Olabisi Onasanya and others are discussing “settlement” in an alleged N12.3 billion fraud case under the supervision of…
MTN Nigeria’s Revenue Surges By 35.6% After Tariff Adjustments
MTN Nigeria’s service revenue surged by 35.6% in March following tariff adjustments implemented in February. A report by its group office in South Africa on Monday, also said expectations for further growth in…
BREAKING: Judge orders Otudeko to appear in court for ‘N30bn fraud’ trial
Justice Chukwujekwu Aneke of the federal high court in Lagos has ordered Oba Otudeko to take a plea in the charges filed against him.…
Lekki-Epe corridor truck parks face setback as investors withdraw
Stakeholders on the Lekki-Epe port corridor have withdrawn from the various truck parks projects due to the Lagos State Government’s inability to implement investment policies. Vanguard gathered that a lot of…
Petrol marketers deny opposing price reduction
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied allegations that it opposed the recent reduction in Premium Motor Spirit (petrol) prices by Dangote Refinery and the Nigerian National…
We ‘ve recovered over N2.1trn debts despite legal – AMCON
The Asset Management Corporation of Nigeria (AMCON) has revealed that it has recovered over N2.1trillion from debtors despite facing several challenges since its inception. The corporation disclosed that it currently…
Despite CBN ban, Nigeria contributes $59b to crypto assets
Notwithstanding the ban on cryptocurrency trading by the Central Bank of Nigeria (CBN), between July 2023 and June 2024, Nigeria is said to have contributed an estimated $59 billion to the virtual currency.…
First Bank denies fraud allegations by customer, says transactions were ‘unauthorised’
First Bank has denied allegations of fraud in a lawsuit filed by a customer, Agbai Eke, against the bank. In a statement on Saturday, the bank described the claims as “entirely unfounded and false,”attributing the…
Staple Food Prices Drop Significantly in Lagos, Kano, THISDAY Survey Shows
In a welcome development, signifying major relief for Nigerian households, the cost of staple foods has significantly dropped in major markets in Lagos and Kano States, according to a survey carried out by THISDAY.…
How Champion Breweries became Nigeria’s only profitable brewer
Champion Breweries, the only profitable brewer in Nigeria, is swimming against the tide of…
Shipping agencies ask FG to suspend 15% hike in port charges
The Shipping, Shipping Agencies, Clearing and Forwarding Employers Association (SSACFEA) has urged the federal government to suspend the implementation of the 15 percent tariff hike in port charges. Boma Alabi, the…
SAA appoints new Group CEO
The South African Airways (SAA) Board has welcomed the appointment of Professor John Lamola as its Group Chief…
FG, foreign airlines begin talks over rising fares
The Federal Government, through the Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed ongoing efforts to address the high cost of air tickets for both domestic and international travel…
MTN Nigeria joins big firms relocating headquarters to Eko Atlantic
MTN Nigeria, the country’s largest mobile network operator, is building its new headquarters in Eko Atlantic, joining a growing list of large…
BREAKING: Renaissance completes SPDC acquisition deal
Renaissance Africa Energy Holdings says it has successfully completed the acquisition of Shell’s 100 percent equity holding in the Shell…
Trump’s Family In Talks For Stake In Crypto Firm Binance — Report
Representatives of President Donald Trump’s family have held discussions to acquire a financial stake in the US arm of cryptocurrency exchange…
Dangote Foundation Flags Off N16B 2025 National Food Intervention Programme
…It Reflects his Unwavering Commitment To lift The Poor -Kano Gov …
Nigerian artists earn over ₦58bn from Spotify streaming in 2024 – Report
Nigerian music has reached an extraordinary financial milestone, with artists earning more than ₦58 billion in royalties from Spotify alone in 2024. This figure, revealed in Spotify’s 2024 Loud & Clear report,…