
Personal loans declined to N1.75tn in the fourth quarter of 2022 from N1.85tn in the previous quarter, according to the Central Bank of Nigeria. The CBN,...

Nigerian Communications Commission (NCC) has cautioned members of the public to be cautions of fraudulent activities of those it described as loan sharks. The commission said...

The OMIS (Maritime & Offshore Awards) is pleased to announce the opening of nominations for the prestigious Maritime and Offshore Award. This year’s event which will...

A Federal High Court in Abuja has restrained the Managing Director of Seplat Energy Plc, its other directors and the Company Secretary from further performing the...

Nigerian business man and billionaire. Femi Otedola has offloaded 2.8 million units of his Geregu Power Plc shares. Otedola, who is the majority shareholder of Geregu...

Nigerian oil production slumped almost 20% in April as Exxon Mobil Corp. workers went on strike, bringing to an end a recent rally. Output of crude...

The Central Bank of Nigeria (CBN) says the bank verification number (BVN) it issues in collaboration with Nigeria Inter-Bank Settlement System (NIBSS) does not have an...

Following claims by fellow billionaire businessman, Femi Otedola, that Elumelu had sold his investment in UBA, the Chairman of United Bank for Africa (UBA) Plc, Tony...

Airtel Networks Limited has paid N58.7 billion to the Nigerian Communications Commission (NCC) to renew its 2×10 MHz 2100 MHz spectrum license. The license will be...

Femi Otedola, billionaire businessman, says he offered to acquire Transcorp Plc for N250 billion and take the company’s market capitalisation to N2 trillion but his bid...