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More than ₦3 billion was targeted, but about ₦677 million reached the culprits, with recovery and prosecutions underway, reflecting how banks are responding to more sophisticated...
Abdul Samad Rabiu is not done building. The billionaire founder and chairman of BUA Group is pressing ahead with an ambitious cement expansion that would add...
The President Bola Tinubu-led Nigerian government and power generation companies (GenCos) are at odds over the actual size of debts owed within the country’s electricity sector,...
The Central Bank of Nigeria (CBN) has filed an appeal against the judgement of the federal high court in Lagos which nullified its intervention in the...
The Nigerian Content Development and Monitoring Board (NCDMB) has applauded ESSO Nigeria on the groundbreaking of its permanent shorebase facility at the LADOL Deep Offshore Logistics...
Nigerian billionaire Femi Otedola and investor Samuel Babatunde Sule have seen the value of their combined holdings in First HoldCo Plc climb close to $700 million,...
Oceangate Engineering Oil & Gas Limited says it has commenced the process of filing an appeal against the final forfeiture order of $13 million linked to...
Global oil does not travel freely across open oceans. It passes through a handful of narrow, high-risk routes that shape energy markets, influence prices, and expose...
Rising oil prices are once again testing Nigeria’s economy. But this time, there is no subsidy to absorb the shock. With fuel subsidies removed in 2023,...
Nigerian Eurobonds have been projected to provide double-digit returns in 2026. This is according to a recent report titled“Global Shocks and Market Opportunities: How to Invest in 2026,” released...