Category: Business

First Bank mismanaged – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has given reasons for the sack of the erstwhile management of First Bank Nigeria Ltd. accusing them of...

Subsidy: No oil money to share at FAAC anymore, we’re broke says NNPC

  From this month,the Nigerian National Petroleum Corporation would not make any remittance to the Federation Account Allocation Committee (FAC) in the month of May...

Ogboyega Coal Blocks: BPE transfers asset title to OENPL

GCH out of BPE monitoring

Grand Central Hotel, Kano has been delisted from the routine monitoring activities of the Bureau of Public Enterprises (BPE) after fulfilling all covenants stipulated in...

SEPLAT Q1 2021 results show strong cash position of $236.3 million

  … Records EBITDA of $77 Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed...

First Bank gets new MD

    One of Nigeria’s first generation banks, First Bank of Nigeria Limited on Wednesday announced the stepping aside of their Managing Director, Sola...

Glo

Globacom rolls out Glo Café to enhance customer experience

Leading telecommunications service provider, Globacom, has rolled out a self-care application called Glo Café for all its subscribers. The app is innovatively designed...

Jimoh Ibrahim in trouble over N69.4billion debt owed AMCON

Senate passes amended AMCON bill, empowers corporation to seize debtors’ assets 

  The Senate, on Wednesday, passed the Asset Management Corporation of Nigeria (AMCON) Amendment bill.   The passage of the bill followed the consideration of...

Read…so you never feel alone,’

World IP Day: Banks urged to collateralise IP assets to boost SMEs input to national development

Banks and financial institutions have been called upon to embrace the collateralisation of IP assets to support Small and Medium-Sized Enterprises (SMEs) in the creative...

Total evacuates staff, halts $20bn Mozambique gas project after attacks

  French energy giant Total on Monday confirmed it is suspending work on a massive $20bn gas project in northern Mozambique following the latest jihadist assault on...

Seplat, its chairman win most profitable company, Board Chairman of the year award

… As Nigerian Exchange, BusinessDay laud winners at the NIVA Seplat Petroleum Development Company Plc has won the Most Profitable Company (Oil & Gas: Exploration...