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Federal Court Confiscates $4.7m, N830m, Properties Linked to Emefiele A Federal High Court sitting at Ikoyi, Lagos, has ordered an interim forfeiture of the sums of $4,719,054 and N830,875,611, and…
Kerosene Price Increases 6.3% in April, Says NBS The National Bureau of Statistics (NBS), says the average retail price of a litre of kerosene increased from N1,354.40 recorded in March…
Court Refuses MultiChoice’s Plea to Stop NBC from Auditing Its Account A Federal High Court in Abuja on Friday, refused to grant an application filed by MultiChoice Nigeria Ltd, seeking…
Lagos State to Host Africa Social Impact Summit No fewer than 5000 participants across Africa are expected to participate in the third edition of the Africa Social Impact Summit (ASIS),…
Interest Rate Hike to Worsen Manufacturing Challenges – MAN DG Segun Ajayi-Kadir, Director General of Manufacturers Association of Nigeria (MAN), says the recent decisions by the Monetary Policy Committee (MPC)…
Nigeria Requires N35bn to Restart Ajaokuta Light Steel Section -Minister The Federal Government says it has reached an advanced stage of raising more than N35 billion required to restart the…
NASCON Assures Shareholders Continuous Growth, Value Creation NASCON Allied Industries Plc has assured its shareholders of continuous growth and value creation in 2024. The Company gave the assurance at its…
FCTA to Build 10,000 Low-income Houses – Wike The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says the FCT Administration will build 10,000 low-income houses for the…
Jaiz Bank Falls 50% Below 52-Week High Jaiz Bank Plc market valuation dipped further on Thursday after the Islamic lender announced its 2023 and Q1-2024 earnings scorecard. Though profit came…
Equities Investors Lose N85bn as Financial Stocks Decline Equities investors lost about N85 billion as financial services companies stocks plunged further due to selloffs in Tier-1 banks, and Insurance names…