Category: Business
Recapitalisation: FBNHoldings opens N150bn rights issue
FBNHoldings Plc has opened its Rights Issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totaling N150 billion, to existing...
Still on Tinubu’s economic tax reform
By abiodun KOMOLAFE Nigeria’s tax reform is underway with four Executive Bills currently before the National Assembly. These bills are the ‘Nigeria Tax Bill’,...
Naira appreciates by 0.07% against dollar at official market
The Naira closed the week stronger on Friday at the official market, trading at N1,600 to the dollar. Also Read:SEC pledges cooperation with EFCC to...
FirstBank denies planned system upgrade
Caption:Folake Ani-Mumuney First Bank of Nigeria Ltd on Friday denied any planned system upgrade saying its scheduled transition to a new cloud-based...
Sterling One Foundation, PwC, Partners to Host ESG Series 4.0
Nigerian businesses are increasingly recognizing the importance of integrating sustainable practices into their operations as is the trend globally. As a result,...
Ogun Dry Port Project and Dapo Abiodun’s Continued Quest for Industrialisation
By Lekan Adeniran The Gateway Inland Dry Port Container Terminal, whose groundbreaking ceremony was performed on 11 October, represents a significant stride in...
High Cost of Cooking Gas:Stop export of LPG,Minister directs NNPC,LPG
Caption:Minister of state for Petroleum,Lokpobiri Minister of State Petroleum Resources (Gas),Ekpeeikpe Ekpo has directed the Nigerian National Petroleum Company Ltd....
Nigeria’s petrol consumption down by 92% after fuel subsidy removal ~Regulatory data
..consumption drops to 4.5m from 60m litres per day Nigeria’s daily consumption of Premium Motor Spirit (PMS), commonly known as petrol, has reduced by a staggering...
Alleged procurement fraud: Emefiele’s coy got preferential treatment- witness tells court
Caption:Emefiele during one of the court appearances A prosecution witness, Mr Stephen Gana, on Monday told an Abuja High Court that two companies belonging to...
FG may reintroduce 5% excise duty on telecom, gaming, and betting services
The federal government may reintroduce the suspended 5% excise duty on telecommunications services, gaming, betting, and lottery activities. This move is...
