Business

FBN Holdings Approves N14.4 Billion Dividend Payout, Appoints Oyedeji As New GMD

FBN Holdings has approved a N14.4 billion dividend, appoints Adebowale Oyedeji as new Group Managing Director.

56 mins ago

UBA Launches N239.4 Billion Rights Issue To Drive Expansion, Digital Innovation Across Africa

UBA has launched its N239.4 billion rights issue to bolster capital, enhance lending, and drive expansion across Africa.

2 hours ago

Michael Oglegba: Benue State Is Embracing Mechanisation to Transform Agriculture

Benue State’s Commissioner for Finance has emphasised the need for farming to evolve from a lifestyle to a profitable venture.

16 hours ago

NNPC, Dangote Refinery Sign 10-Year Gas Supply Deal to Enhance Production

NNPC and Dangote Refinery have agreed on a decade-long gas supply deal aimed at increasing refinery production capacity.

1 day ago

Power Minister Urges ICRC to Vet Investor Capabilities Before Concessioning Public Assets

Minister Adelabu has urged ICRC to assess investors' financial, technical capabilities before entrusting them with public assets in power sector.

1 day ago

WTO’s Okonjo-Iweala Warns G20 Against New Trade Restrictions Amid Global Economic Uncertainty

WTO’s Okonjo-Iweala has urged G20 countries to avoid trade restrictions that could worsen global economic uncertainty, stressing market openness and…

1 day ago

CBN: Nigeria Spent $3.5bn On Foreign Debt Servicing In Nine Months

The Central Bank of Nigeria has reported $3.5 billion spent on foreign debt servicing over the past nine months.

2 days ago

Volkswagen, Rivian Launch $5.8bn Joint Venture Amid EV Industry Competition

Volkswagen and Rivian have launched a $5.8bn joint venture, sharing critical EV technology amid slowing global demand and competition.

2 days ago

NCAA Bars Cross-Crew Operations, Cites Safety Risks in New Directive for Licensed Flight Crew Members

NCAA has barred licensed pilots from conducting cross-crew operations for multiple airlines, citing safety risks and inconsistent operational standards.

2 days ago

Nigeria’s Crude Oil Production Rises by 35,000 BPD to 1.085 Million BPD in October, Says OPEC

OPEC has reported that Nigeria’s crude oil production increased by 35,000 barrels per day in October, reaching 1.085 million barrels.

2 days ago