Business
Femi Otedola is First Bank Holdings board chairman
Nigerian billionaire and investor, Mr. Femi Otedola, has been appointed as the new Chairman of First Bank Holdings board of directors. The holding...
Just in: CBN pumps $500m into forex market, vows to resolve all backlogs soon
The Central Bank of Nigeria (CBN) says it has pumped an additional $500 million into the volatile foreign exchange market to address persistent...
Aliko Dangote’s Wealth soars to highest in decade with Otedola’s investment aid
Nigerian philanthropist and business tycoon, Femi Otedola, said he will add to his purchases of Dangote Cement Plc’s shares after his recent acquisition...
Lagos 4th Mainland Bridge construction commences first quarter of 2024
Mr. Babajide Sanwo-Olu, the Governor of Lagos State, has announced that the second-largest bridge in Africa, the 38-km-long-awaited Fourth Mainland Bridge construction, will...
NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023
NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information...
Forex: CBN working towards genuine price discovery – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, has said that the bank will work towards real price discovery...
Aliko Dangote reclaims title of Africa’s richest person
After the opening of 2024, most of Africa’s richest people saw their fortunes shrink to a greater or lesser extent, the Nigerian business...
Breaking: Dangote Cement emerges as first Nigerian company to reach N10trn market cap
The only cement company in Nigeria with two export terminals and a combined export capacity of 8 million tonnes per annum, the Dangote...
CBN clears $2bln outstanding forex liabilities
The Central Bank of Nigeria (CBN) says it has paid approximately $2 billion in its bid to cushion the lingering challenges in the...
We’ll produce diesel, aviation fuel before January end — Dangote
Diesel and aviation fuel will be produced from the Dangote Refinery in Lekki, Lagos, before the end of January just as it commenced...
CBN appoints new managements for Union Bank, Polaris Bank, Keystone Bank
The Central Bank of Nigeria (CBN) has appointed new executives for Union Bank, Keystone Bank and Polaris Bank, following the dissolution of their...
CBN dissolves managements, boards of Titan Trust Bank, Union Bank, two others
The Central Bank of Nigeria (CBN) has welded the big stick by dissolving the boards and managements of Titan Trust Bank, Union Bank...
Agriculture, Construction, others to drive Nigeria’s economic growth by 3.3 percent in 2024, says World Bank
The World Bank has projected that agriculture, construction, services, and trade are expected to drive Nigeria’s economy’s growth in 2024. According to the...
FBNH crosses N1trn capitalization on NGX
FBN Holdings, the parent group of First Bank Limited, has once again crossed the N1 trillion market capitalization level. First Bank with a...
UBA Surpasses N1trn Market Capitalisation Mark Amid Impressive Financials, Recognitions
“The Chairman, UBA Group, Tony Elumelu, said the bank’s remarkable journey in 2023 culminated with its shares being acclaimed as the highest performing...
DMO offers 2 FG’s bonds for public subscription
The Debt Management Office (DMO) on Monday announced for public subscription two Federal Government of Nigeria (FGN) savings bonds. The two-year FGN savings...
