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FG approves N110bn capital for youth investment — Bio-Ibrahim The Minister of Youth Development, Dr Jamila Bio-Ibrahim, says the Federal Executive Council has approved N110 billion capital to startups and…
Binance Executive, Gambaryan, Collapses in Court over Alleged ill-health There was a mild drama at a Federal High Court in Abuja on Thursday, as detained Binance executive, Tigran Gambaryan, who…
Electricity Tariff: NERC Panel Adjourns Verdict on MAN’s Petition A panel of the Nigerian Electricity Regulatory Commission (NERC), on Thursday, adjourned its verdict on the petition by the Manufacturers Association…
TotalEnergies to Strengthen Exploration & Production in Congo with $600m Oil and gas supermajor TotalEnergies has announced that it will invest $600 million to strengthen exploration and production activities in…
The Naira on Friday, May 24, depreciated to N1,520 per dollar from N1,515 per dollar recorded on Thursday, May 23, in the parallel market. It was however appreciated to N1,482.81…
Foreign Investors Trim Nigeria Eurobonds Holding, Yield Heats Up Foreign investors trimmed their interest in Nigeria Eurobond in the market midweek amidst uncertainties in the global economy. Nigeria is facing…
Selloffs in Zenith, GTCO Drag Nigerian Exchange Lower by N89bn A raft of selloffs on Nigerian big banks, Zenith and GTCO dragged the equities market capitalisation of the Nigerian Exchange…
Naira Exchange Rates Diverge on Tight FX Liquidity The naira exchange rates diverged due to imbalance in the volume of foreign currency demanded and supplied in the forex markets. On…
Femi Otedola, Zenon Petroleum Sues Zenith Bank over Alleged Illegal Shares Acquisition Billionaire Femì Otedola has allegedly dragged Zenith Bank Plc and Jim Ovia, Chairman of Zenith Bank to the…
Dangote Foundation Distributes Rice to Host Communities The Aliko Dangote Foundation’s (ADF) N15 billion National Food Intervention programme has landed in Yewa Land as the Foundation commenced the distribution of…