Category: Business
Dangote Cement to pay about N340bn dividend to shareholders in April
Management of the pan-african cement manufacturer, Dangote Cement Plc has revealed that once the shareholders at the AGM slated for April 13, 2023 app [...]
30 host community youths graduate from Dangote Electrical Training programme
No fewer than 30 youths from communities around Ibese in Ogun State have graduated from a training programme put together by Dangote Cement Plc, Ibese [...]
More Naira notes as banks get old notes deposited with CBN
Reliable sources in the Central Bank of Nigeria, CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that bef [...]
How suspension of Seplat’s CEO, Roger Brown for alleged racism of Nigerian workers cost shareholders N73bn loss
Seplat Energy Plc has lost N73.5bn of its market value in the hit of the racism scandal linked to its suspended Chief Executive Officer, Roger Brown.
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IWD: ‘Women play crucial roles in Dangote Group success story’- Fatima Aliko Dangote
The Executive Director, Commercial, NASCON Allied Industries, Fatima Aliko Dangote has revealed that the Dangote Group has invested in innovative tech [...]
AfDB slams Ogon-Asu Company Ltd, CEO with 15-month debarment for committing fraud
The African Development Bank Group (AfDB) has announced the 15-month debarment of Ogon-Asu Company Ltd, a Nigerian construction company, and William O [...]
FG revokes Seplat CEO, Roger Brown’s visa, work permit for alleged racism
The work permit, visa, and residence permit of Roger Brown, Chief Executive Officer (CEO) of Seplat Energy Plc one of Nigeria’s biggest oil company ha [...]
N2.9bn stolen from accounts of top fintech company, Flutterwave
Hackers have reportedly stolen $4 million about ₦2.9 billion from leading Nigerian fintech unicorn, Flutterwave.
The hack occurred in early Februar [...]
Zenith bank transitions to holding company
The Central Bank of Nigeria has granted approval in principle for Zenith Bank Plc to transition into a non-operating financial holding company structu [...]
Supreme Court rules against CBN policy, orders old notes remain legal tenders till Dec 31
The Supreme Court on Friday ordered that old N200, N500, N1,000 notes remain in circulation till December 31, 2023.
The apex court also nullified t [...]