Reading Time: < 1 minutes FBN Holdings Plc has reacted to media reports that billionaire businessman, Mr Femi Otedola, has acquired a significant shareholding in the company. The holding company…
View More We’re Not Aware Of Otedola’s Share Acquisitions – FBN HoldingsCategory: Business
Fuel Subsidy Hits N816bn In Seven Months
Reading Time: 2 minutes The Nigerian National Petroleum Corporation (NNPC) in the last seven months spent over N816billion in subsidising the cost of Petroleum Motor Spirit (PMS) for Nigerians,…
View More Fuel Subsidy Hits N816bn In Seven MonthsBitcoin Gains $257.58bn In 11 Days, Price Tops $57,000
Reading Time: < 1 minutes Bitcoin is on the rise again. According to reports, Bitcoin has gained $257.58bn in market capitalisation in the first 11 days of October. BTC closed…
View More Bitcoin Gains $257.58bn In 11 Days, Price Tops $57,000Aiteo Slams $2.5bn Suit Against Shell Over Sale Of OML 29
Reading Time: 4 minutes Aiteo Eastern Exploration and Production Company Limited has instituted a legal action against Shell Petroleum Development Company of Nigeria, seeking the sum of over $2.5…
View More Aiteo Slams $2.5bn Suit Against Shell Over Sale Of OML 29CBN Postpones eNaira Launch
Reading Time: 2 minutes Nigeria’s apex bank, the Central Bank of Nigeria has announced the postponement of the launch of the country’s digital currency, eNaira. The bank had earlier…
View More CBN Postpones eNaira LaunchAccess Bank Successfully Launches $500m Eurobond
Reading Time: 2 minutes Access Bank Plc yesterday announced its successful launch of a $500 million 144A/RegS Senior Unsecured Eurobond, as part of its Global Medium-Term Note Programme. According…
View More Access Bank Successfully Launches $500m EurobondWhy I Left Trading For Manufacturing – Dangote
Reading Time: 6 minutes The President of the Dangote Group, Mr. Aliko Dangote, explains why he jettisoned the easy way of making money from buying and selling of commodities…
View More Why I Left Trading For Manufacturing – DangoteMTN, Flutterwave Partner On Mobile Money
Reading Time: 2 minutes Flutterwave, Africa’s payment technology company, has announced a mobile money partnership with MTN Group, that will allow businesses that are integrating Flutterwave in Cameroon, Côte…
View More MTN, Flutterwave Partner On Mobile MoneyMTN At 20: 20 Customers Smile Home With Brand New SUVs
Reading Time: 3 minutes It was a wet Sunday evening as the cool breeze, which blew relentlessly ushered in all the carefully selected guests into the cozy tent, inside…
View More MTN At 20: 20 Customers Smile Home With Brand New SUVsNNDC To Pay Out N100m As Dividends To Shareholders
Reading Time: 2 minutes Shareholders of the New Nigeria Development Company (NNDC) Limited, jointly owned by the 19 northern states, would receive dividends from their investments after a very…
View More NNDC To Pay Out N100m As Dividends To Shareholders