Business

Shell sells Nigerian onshore subsidiary for $2.4bn

Shell has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC)…

2 years ago

Naira crashes to N1,300 against U.S. dollar

The naira, on Tuesday, January 16, 2024, continued to suffer depreciation against the dollar as it exchanged at N1,300 on…

2 years ago

Sanwo-Olu signs N2.267trn 2024 budget into law

Lagos State Governor, Babajide Sanwo-Olu, has signed the N2.267 trillion 2024 Appropriation Bill of the state into law. Sanwo-Olu, at…

2 years ago

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

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

2 years ago

Access Holdings acquires Megatech Insurance Brokers

Access Holdings Plc. has obtained all required regulatory approvals to acquire Megatech Insurance Brokers Ltd. Access Holdings’ Company Secretary, Mr.…

2 years ago

Nigeria’s inflation rate hits 28.92%

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 28.92 per cent in December 2023. The…

2 years ago

Naira scarcity: Nigerians groan as banks, PoS operators trade blame

Some residents of Ibadan, the Oyo State capital, have decried the persistent scarcity of naira notes, as banks and Point…

2 years ago

Dangote refinery begins production of diesel, aviation fuel

Dangote Petroleum Refinery has commenced production of diesel and aviation fuel in Lagos State. The Group Head, Corporate Communications, Dangote…

2 years ago

Unity Bank customer wins N1m in CashToken Rewards promo

A Unity Bank customer, Musa Dayyabu, has won N1 million in the ongoing cash reward promo by the bank and CashToken Rewards…

2 years ago

UBA’s Leo marks 6 years of operation, rolls out new offerings

The United Bank for Africa (UBA) Plc has marked the sixth year of operation of its flagship artificial intelligent Digital…

2 years ago

This website uses cookies.