Sunday, June 1, 2025
Business
Renaissance completes acquisition of Shell Petroleum Company of Nigeria
Aradel Holdings Plc (’’Aradel’’), listed on the Nigerian Exchange Limited, has announced the completion of the landmark acquisition of the...
Read more
FG increases private university application fee from N5m to N25m
Nigeria’s Federal Government has significantly increased the costs associated with establishing a new private university. The National Universities Commission (NUC)...
Read more
Meta set to lay off employees in Africa, Europe, Asia
Meta, the parent company of Facebook, Threads, WhatsApp, and Instagram, is scheduled to implement another round of layoffs across its...
Read more
Oando Plc expands African upstream portfolio with oil block bid win in Angola
Oando Plc (NGX OANDO) has expanded its African upstream portfolio with a successful bid for oil block in Angola. In...
Read more
Transcorp Power’s profit surge by 165%, to pay ₦3.50 dividend
Transcorp Power Plc (NGX: TRANSPOWER) has reported a 165% surge in profit after tax in 2024, as its Board of...
Read more
Air Sierra Leone commences flight operations to Lagos
Sierra Leone’s new flag carrier, Air Sierra Leone, has commenced flight operations from Freetown to Lagos, Nigeria, as part of...
Read more
Stanbic IBTC launches a rights issue worth ₦N148.7 billion on the NGX Invest platform.
Stanbic IBTC Holdings has launched its N148.7 billion Rights Issue on the Nigeria Exchange NGX e-offering platform, NGX Invest. Presented...
Read more
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...
Read more
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 more
CBN 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...
Read more
