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CBN vows to prosecute forex defaulters, settles $2bn liabilities

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The Central Bank of Nigeria (CBN) has vowed to enforce appropriate sanctions on forex defaulters. The apex bank declared that it is collaborating with relevant...

Union Bank allays customers’ fears as new mgt takes off

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Union Bank of Nigeria has reassured its stakeholders of seamless service in spite of the leadership change. The bank gave the assurance in a statement...

Tinubu to Buhari: You can’t escape to Niger Republic

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President Bola Tinubu has told his predecessor, Gen. Muhammadu Buhari, that he can’t relocate to Niger Republic as he publicly announced. Tinubu said the border...

Shoprite Nigeria: Why we shut Ado Bayero Kano store

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Retail Supermarket Nigeria Limited (RSNL), operating as Shoprite Nigeria, has explained why it shut down its Ado Bayero Store in Kano from January 14,...

Shell sells Nigerian onshore subsidiary for $2.4bn

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Shell has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance for $2.4...

CDS lauds Tantita, security agencies for combatting oil theft

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The Chief of Defence Staff, General Christopher Musa, has lauded the efforts of Tantita Security Services Limited (TSSL) and other security agencies for combating...

Otedola’s Geregu Power hits N1.07trn market capitalization

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Nigeria’s leading power generation company, Geregu Power Plc., has hit N1.07 trillion in market capitalization. At the close of trading on Monday, January 15, 2024,...

Access Holdings acquires Megatech Insurance Brokers

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Access Holdings Plc. has obtained all required regulatory approvals to acquire Megatech Insurance Brokers Ltd. Access Holdings’ Company Secretary, Mr. Sunday Ekwochi, announced this on...

EFCC arrests ex-Minister Charles Ugwuh over N3.6bn debt

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A former Minister of Commerce and Industry, Charles Chukwuemeka Ugwuh, has been arrested for an alleged “conspiracy and fraud” to the tune of N3.6...

My friend, Isa Gusau – A Tribute by Kashim Shettima

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By Kashim Shettima There couldn't have been a more poignant last chapter to a man's life than my final text exchange with him. He reached...