Port Harcourt-Aba Train Services Begin Operation In March — FG
The Federal Government, on Saturday, says train services on Port Harcourt to Aba route will start operation by the end of March. The News Agency of Nigeria (NAN) reports that…
Nigeria Brings Back Eguavoen For 4th Stint As Super Eagles Interim Manager
The Nigeria Football Federation (NFF) has appointed Augustine Eguavoen as interim coach of the team. It’s the fourth time Eguavoen is managing the national team. Eguavoen’s appointment comes barely 24…
“90 Day Fiancé” Michael Contacts Cops, Says He Isn’t Missing But Feared For Life
90 Day Fiancé’s American star, Angela Deem has threatened to file for divorce and end her marriage with Nigerian husband, Michael Ilesanmi. Angela said she was not ready to take…
MTNN, BUA Drag NGX Down by N672bn
MTNN, BUA Drag NGX Down by N672bn Selloffs in MTN Nigeria and BUA Cement dragged the Nigerian Exchange (NGX) equities market capitalisation downward by more than N672 billion. Detail from…
Dangote Cement Increases Dividend by 50% as Earnings Jumps
Dangote Cement Increase Dividend Pay by 50% as Earnings Jumps Dangote Cement PLC has announced a 50% increase in its final dividend to N30 for 2023 following strong earnings performance…
CBN Revokes 4,173 BDCs Licenses over Regulatory Breaches
CBN Revokes 4,173 BDCs Licenses over Regulatory Breaches In a bid to sanitise the local currency market, Nigeria’s central bank (CBN) has stopped 4173 bureau de change companies from operating…
Investors are Dumping MTN Nigeria over Earnings Disaster
Investors are Dumping MTN Nigeria over Earnings Disaster Equities investors are dumping MTN Nigeria Plc shares following huge losses sustained in 2023. The company posted more than N137 billion lost…
Nigeria Slams $10bn Fine on Binance for Naira Manipulation
Nigeria Slams $10bn Fine on Binance for Naira Manipulation Nigeria’s government has fined cryptocurrency trading platform Binance $10 billion following its illegal dealing in the currency, the naira. This was…
MTN Nigeria’s Very Huge Loss Damaged Balance Sheet
MTN Nigeria’s Very Huge Loss Damaged Balance Sheet MTN Nigeria Communications Plc posted a huge loss as a result of its large foreign currency exposure, details from its audited financial…