Saturday, January 25, 2025
Business
ICPC sues El-Rufai’s former adviser, Jimi Lawal, for money laundering
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged Jimi Lawal, a former senior adviser to ex-Kaduna...
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CBN fines nine banks 150 million Naira each for failing to dispense cash
The Central Bank of Nigeria (CBN) has fined nine banks a total of N1.35 billion for failing to make Naira...
Read moreDetailsCBN and SEC approves FCMB Group’s rights offer of N147 billion.
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have approved FCMB Group's rights offer of...
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Nigeria renews $2 billion currency swap deal with China to boost bilateral trade
China and Nigeria have renewed a currency swap agreement worth 15 billion yuan (approximately $2 billion) aimed at enhancing trade...
Read moreDetailsStarlink raises subscription price to N75,000 as telcos proposes a tariff hike
Starlink has once again increased its standard subscription price to N75,000, following indications that the Nigerian Communications Commission (NCC) is...
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Access bank Nigeria raises $228 million in Rights Offer
Access Bank Plc, the largest lender in Nigeria by assets, has raised 351 billion naira (approximately $228 million) through a...
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Elumelu’s HH Capital obtains Transcorp Mandatory Tender Offer approval
Tony Elumelu's HH Capital Limited has obtained the necessary approvals from the Securities and Exchange Commission of Nigeria to make...
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Shell awards US$1 Billion contract for Bonga North Deepwater Project in Nigeria
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has awarded a contract worth around US$1 billion to Saipem in a...
Read moreDetailsEFCC arrests 148 Chinese, 40 Filipinos, and 604 others in Lagos for crypto fraud:
The Economic and Financial Crimes Commission (EFCC) has arrested a group of suspects in Lagos, which includes 148 Chinese nationals,...
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Dangote Refinery exports petrol to Cameroon, Ghana, Angola and South Africa
The Dangote Petroleum Refinery has announced that it has exported Premium Motor Spirit (PMS), commonly known as petrol, to several...
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