Business

Otedola Buys N17.2bn in Shares To Cement Position As Largest Shareholder In FBN Holdings With 11.64% Stake

Femi Otedola has acquired nearly 798 million shares in FBN Holdings, solidifying his majority position.

3 months ago

 Shoprite To Close Down Wuse Branch In Abuja Due To Economic Challenges

Shoprite is set to shut down its Wuse branch in Novare Central Mall, Abuja, citing harsh economic conditions.

3 months ago

Almost 2,000 Petrol Stations Shut Down In Protest Against Anti-Smuggling Crackdown In North-East Nigeria 

IPMAN has reported nearly 2,000 petrol outlets have closed in response to customs' impounding of tanker trucks suspected of smuggling.

3 months ago

Stakeholders Back Oil Resumption in Ogoni, Rivers State

Stakeholders from Ogoni ethnic nationality in Rivers State have called for resumption of oil exploration in the area.

3 months ago

Investing in Nigeria’s Agricultural Sector Crucial for Economic Growth, Says Netherlands Deputy Consul-General Van Der Stijl

Netherlands Deputy Consul-General Leonie Van Der Stijl has emphasised the critical importance of investing in Nigeria's agricultural sector.

3 months ago

EU Regulators Accuse Apple of Violating Digital Competition Rules

Apple's App Store rules have violated EU's Digital Markets Act, limiting developers' freedom to steer consumers to alternative channels.

3 months ago

US Prosecutors Recommend Criminal Charges Against Boeing Over 737 Max Crashes

Prosecutors urged the DOJ to charge Boeing for failing to meet settlement terms after deadly 737 Max crashes.

3 months ago

EU-Nigeria Business Forum to Unveil Investment Opportunities In Abuja

The EU Delegation to Nigeria and ECOWAS will hold the 9th EU-Nigeria Business Forum in Abuja.

3 months ago

CBN Claims Monetary Policy Tightening A Success As Inflation Slows For Third Consecutive Month

Nigeria’s Central Bank has highlighted the third consecutive monthly drop in inflation as evidence of successful monetary policy interventions.

3 months ago

Afreximbank’s ‘BBB’ Rating Affirmed by Fitch, Citing Strong Systemic Relevance

Fitch has highlighted Afreximbank’s strong capitalisation, liquidity, and internal capital generation.

3 months ago