Category: Business

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Reps threatens to order CBN to take over Heritage bank, get Polaris MD arrested

Reps threatens to order CBN to take over Heritage bank, get Polaris MD arrested

The House of Representatives has threatened to ask the Central Bank of Nigeria (CBN) to take over the operations of Heritage Bank over alleged debt to [...]
Otedola becomes largest shareholder in First Bank with N30bn

Otedola becomes largest shareholder in First Bank with N30bn

From having a humongous loan portfolio of N192 billion in 2012 via his then Zenon Petroleum and Gas Ltd which was eventually passed on to the Asse [...]
Dangote emerges most valuable brand in Nigeria for the fourth time

Dangote emerges most valuable brand in Nigeria for the fourth time

For the fourth time in a row, Dangote Group, a fully integrated Conglomerate and proudly Nigeria brand has again emerged as the most Valuable brand in [...]
Wigwe, Emefiele honoured for outstanding contributions in finance sector

Wigwe, Emefiele honoured for outstanding contributions in finance sector

The Chairman, Body of Bank CEOs and Group Managing Director of Access Bank PLC, Herbert Wigwe, has been recognised for his outstanding contributio [...]
BancABC Botswana: Access Bank makes fourth acquisition within a year

BancABC Botswana: Access Bank makes fourth acquisition within a year

Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana Limited (‘BancABC Bo [...]
Dangote Cement, MTN, GTco, highest income tax payers to FG in 2020

Dangote Cement, MTN, GTco, highest income tax payers to FG in 2020

Dangote Cement Plc has emerged as the highest corporate income tax payer and biggest employer of labour in the country for the year 2020. The f [...]
NCC bars Nigerians below 18 years from acquiring SIM cards

NCC bars Nigerians below 18 years from acquiring SIM cards

The Nigerian Communications Commission has disqualified anyone below the age of 18 from registering and owning a Subscriber Identity Module (SIM) in N [...]
Food prices skyrocket as bag of beans hits N100,000

Food prices skyrocket as bag of beans hits N100,000

Nigerians have been hard hit with a further increase in the prices of food items as more individuals are being afflicted by hunger and malnutrition. [...]
OPEC hinges attainment of Ggobal 6.9mbpd refining capacity addition on Dangote Refinery

OPEC hinges attainment of Ggobal 6.9mbpd refining capacity addition on Dangote Refinery

Dangote’s 650,000 barrels-per-day (bpd) oil refinery project has been identified as one of the oil distillation companies that would boost global refi [...]
Buhari approves 159 new radio, television stations (Full list)

Buhari approves 159 new radio, television stations (Full list)

President Muhammadu Buhari has granted approval to 159 companies, communities, and institutions of higher learning to operate radio and television sta [...]
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