Business

Naira drops, exchanges at N803.90 against dollar

The naira, on Friday, July 14, 2023, depreciated against the dollar, exchanging at N803.90 at the investors and exporters window.…

3 years ago

Tribunal fines Stanbic-IBTC Bank N120m over failed transaction

The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday imposed a fine of N120 million against Stanbic-IBTC…

3 years ago

Dangote Cement to establish new plants in Nigeria, Cote d’Ivoire, Ghana

Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant…

3 years ago

New governor approaches six banks for N150bn loan

The Taraba State Government has begun negotiations with a consortium of six Nigerian banks to secure a facility worth N150…

3 years ago

Naira gains at investors, exporters window

The naira, on Wednesday, July 12, 2023, appreciated against the dollar, exchanging at N782.49 at the investors and exporters window.…

3 years ago

FG repays $500m Eurobond debt

The Federal Government has redeemed a $500 million 10-year tenor Eurobond with a due date of July 12, 2023. A…

3 years ago

Kyari: NNPCL’ll sell shares soon

The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited, Mele Kyari, says the NNPCL will issue…

3 years ago

Forbes: Dangote is Africa’s richest with $14.2bn net worth

President of Dangote Group, Aliko Dangote, has for the 12th consecutive year emerged the richest man in Africa. Dangote is the…

3 years ago

Tinubu targets N30trn revenue, rules out NNPC, FIRS, Customs merger

The Bola Tinubu administration is targeting N30 trillion revenue within the next three years without raising taxes. The target would…

3 years ago

Ecobank to FBN: Reject Otudeko’s N87.6bn share acquisition

Ecobank has kicked against the acquisition of 4.7 billion shares of First Bank Holdings by Oba Otudeko, a former chairman…

3 years ago

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