Abia State attracted the highest foreign investment within four months of Dr Alex Otti’s tenure as…
Category: Business/Economy
Shell’s onshore exit to benefit local companies, says FG
The Federal government has expressed it support for Shell’s decision to exit onshore production, arguing that…
Naira slumps slightly in official market, trades at N902.45/$1
The Naira slumped slightly to N902.45/$1 on Friday, data from the Nigerian Autonomous Foreign Exchange Market…
NGX: May & Baker, Dangote lead trading as investors gain N1.45tr
Investors in the Nigerian equities market pocketed N1.45 trillion at the close of trading on Friday.…
Fitch Ratings disputes CBN’s claim on forex backlog clearance
Global rating agency – Fitch Ratings – has argued that the Central Bank of Nigeria (CBN)…
FG okays DisCos to purchase electricity directly from GenCos
The Federal government has given Electricity Distribution Companies (DisCos) the approval to buy electricity directly from…
Dangote Refinery begins registration of product distributors
The management of Dangote Petroleum Refinery has begun registration of distributors for its products, the company…
GSK gets SEC’s nod to delist N20bn worth of stocks from NGX
The Board of GlaxoSmithKline Consumer Nigeria Plc (GSK) has announced that the company whose market capitalization…
Abbey Mortgage Bank grows assets to N54.3bn
Abbey Mortgage Bank Plc says its total assets now stands at N54.3 billion, with a market…
Glo, Nigeria’s pride in telecoms sector, says Kwara Gov
Kwara State governor, AbdulRahman AbdulRazaq, has described data solutions provider – Globacom – as Nigeria’s homegrown network…