Category: Business

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GTCO Plc releases 2022 Q3 unaudited results, reports profit before tax of ₦169.7bn

GTCO Plc releases 2022 Q3 unaudited results, reports profit before tax of ₦169.7bn

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period en [...]

Habaripay receives Mastercard’s award for accelerating digital acceptance in Africa

In recognition of its efforts to deepen digital payments acceptance for businesses on the continent, the fintech payment product of HabariPay, Squad, [...]
CBN sells Polaris bank to Strategic Capital Investment Limited

CBN sells Polaris bank to Strategic Capital Investment Limited

The Central Bank of Nigeria (CBN) says it has completed the sales of Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor [...]
Priority investments in infrastructure, core industries will boost Nigeria’s economy

Priority investments in infrastructure, core industries will boost Nigeria’s economy

Business magnate and President of Dangote Group, Aliko Dangote has identified priority investments in infrastructure and core industries among other r [...]
EFCC releases names of 12 staff of First Bank, Enugu, accused of stealing customers’ fund

EFCC releases names of 12 staff of First Bank, Enugu, accused of stealing customers’ fund

The Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arrested 12 bankers with First Bank PLC for suspected insider fraud [...]
Risevest founder, Eke Urum removed over alleged sexual misconduct, abuse of power

Risevest founder, Eke Urum removed over alleged sexual misconduct, abuse of power

Risevest founder and CEO, Eke Urum has been found guilty of sexual impropriety and abuse of power. Urum was suspended in August after allegations o [...]
Kogi communities jubilate as Dangote Cement Obajana plant reopens   

Kogi communities jubilate as Dangote Cement Obajana plant reopens  

There were huge scenes of jubilation among affected host communities following the Federal Government’s order for the immediate reopening of the Dango [...]
Dangote’s 650,000bpd refinery 97% completed, says NMDPRA

Dangote’s 650,000bpd refinery 97% completed, says NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that the Dangote Petroleum Refinery, upon which the hope o [...]
Our acquisition of Obajana Cement plant followed due process – Dangote

Our acquisition of Obajana Cement plant followed due process – Dangote

The management of Dangote Industries Limited has insisted that its acquisition of the Obajana Cement Plc in 2002 followed due process, contrary to cla [...]
DANGOTE not involved in Kogi Assembly fire outbreak – Management

DANGOTE not involved in Kogi Assembly fire outbreak – Management

The management of Dangote Group has debunked news of its involvement in the fire outbreak that razed down the Kogi State House of Assembly building. [...]
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