Category: Business
MAN condemns invasion of Dangote Cement Plant by Kogi State Govt
The Manufacturers Association of Nigeria (MAN) has strongly condemned the invasion of Dangote Cement Plant on Wednesday by the state’s security outfit [...]
Court orders FCMB to pay Prophet Omale N540m in damages over defamation
A Federal Capital Territory High Court has awarded a N540.5 million judgment against the First City Monument Bank (FCMB) in the N5 billion defamation [...]
FCMB customers battle relieve ugly experiences with bank’s app
Friday, September 30, 2021, would be a day that will forever remain indelible in the minds of customers of First City Monument Bank (FCMB).
It was [...]
N559m fraud rocks Providus Bank as court orders it to refund money taken out of customer’s account
The Federal High Court sitting in Lagos has ordered that Providus Bank Limited transfer back the remaining balance of N329,454,650.28 alleged to have [...]
Meet the wealthy investors responsible for Nigeria’s poor electricity supply
Power outages in Nigeria has certainly become a part of our everyday life, going by how long we have had to grapple with the situation and unless some [...]
Illegal haulage: Dangote patrol team arrests errant drivers
In a renewed effort to rid the Dangote Group of unscrupulous drivers who engage in illegal haulage activities and others who constitute themselves int [...]
Jite Okoloko’s Notore Chemical in the eye of the storm
Jite Okoloko, the group CEO/Managing Director of Notore Chemical Industries, a fertiliser and agro-allied company in Nigeria, is battling to save [...]
GTCO Plc releases 2022 half year audited results, reports profit before tax of ₦103.2bn
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ende [...]
Dangote to save forex, through 40% sugar import substitution
The management of Dangote Sugar Refinery Plc has resolved to significantly reduce the importation of sugar into the country by 40 percent, thus paving [...]
Zenith bank sustains growth trajectory with double digit growth in gross earnings in H1 2022
Zenith Bank Plc grew its gross earnings by 17 per cent from N346bn in the first half of 2021 financial period to N405bn in the corresponding period of [...]