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Nigerian Breweries Shareholders Approve 80% Distell Stake Acquisition The shareholders of Nigerian Breweries Plc have approved the acquisition of 80 per cent stake in Distell Wines and Spirits Nigeria Ltd.…
AfDB President Receives Obafemi Awolowo Leadership Prize The President, African Development Bank (AfDB) Group, Dr Akinwumi Adesina, has been conferred with the prestigious Obafemi Awolowo Prize for Leadership. The Executive…
Fitch Keeps FCMB on Rating Watch Over Capital, Asset Quality Pressures Fitch Ratings has maintained First City Monument Bank Limited’s (FCMB) Issuer Default Ratings (IDRs), Viability Rating (VR) and National…
Lagos LCDA Chair Presents N3.8bn Budget for 2024 The Chairman of Onigbongbo Local Council Development Area in Lagos State, Mr Oladotun Olakanle, on Wednesday, presented a budget estimate of N3.8…
Naira Drops as Demand for US Dollar Spikes The Nigerian naira depreciated as demand for foreign currency increased at the official market. Surprisingly, the exchange rate appreciated at the black…
22 Trillion Ways And Means Responsible for Increase in Domestic Debt – DMO The Debt Management Office (DMO), says there was a sharp increase in Nigeria’s total domestic debt stock…
UBA Gives Customers December to Remember In line with its custom of rewarding loyalty especially during the yuletide season, Africa’s Global Bank – United Bank for Africa (UBA) Plc- has…
Petrol Price Increased to N648.93 in November- NBS The National Bureau of Statistics (NBS), says the average retail price of a litre of petrol increased from N202.48 in November 2022…
FCT-IRS to Deploy Artificial Intelligence in Tax Collection, Says Ag Chairman The Federal Capital Territory Internal Revenue Service (FCT-IRS) is to deploy artificial intelligence to facilitate voluntary tax compliance in…
Shettima Unveils SMEDAN Headquarters, Reiterates FG’s Commitment to Poverty Reduction Vice-President Kashim Shettima on Wednesday reiterated the commitment of President Bola Tinubu’s administration to poverty reduction and economic revitalisation. Shettima…