Economy
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Economy
Abass: Nigeria lost $10b to oil theft in seven months
The Speaker of the House of Representatives, Dr. Tajudeen Abass, revealed that the country lost over $10 billion within the…
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Economy
In Show Of Might, Chinese Firm Moves To Take Over Nigerian Properties To Settle Liability
Two Nigerian properties located in the United Kingdom are on the verge of being taken over by a Chinese investor…
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Economy
Dangote Cries Out, Alleges IOCs Conspiring To Sabotage Operations Of His Refinery
Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin has accused International Oil Companies (IOCs) in Nigeria…
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Economy
Fidelity Bank Gets $40 Million Support From Afreximbank to Acquire Union Bank UK
To assist Fidelity Bank Nigeria Plc in its acquisition and recapitalisation of Union Bank UK, the African Export-Import Bank (Afreximbank)…
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Economy
Lagos-Calabar Road Project: Reps Set To Probe Procurement Process
The House of Representatives has resolved to investigate the procurement process of the Lagos Calabar coastal highway. This followed the…
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Economy
Fidelity Bank Records 120.1% Growth In PBT To N39.5bn In Q1 2024
In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in…
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Economy
Court Compels Multichoice To Publicize Order Stopping Tariff Hike On Social Media Handles
The Competition and Consumer Protection Tribunal in Abuja has ordered that its interim order, restraining MultiChoice Nigeria Limited from increasing…
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Economy
Dangote Laments Sliding Of Naira
Aliko Dangote, the chairman of Dangote Industries Limited, has revealed that the devaluation of the Nigerian naira created the biggest…
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Economy
Labour rejects FG’s 35% pay rise, seeks N615,000 living wage
The President of Nigeria Labour Congress, Joe Ajaero, has criticised the Federal Government’s pay raise announcement, describing it as mischievous…
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Economy
Alebiosu Becomes First Bank New Acting CEO
First Bank of Nigeria (FBN) has appointed Olusegun Alebiosu as its acting managing director with effect from April 2024. The Bank…
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