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Prices rise 45%, push 15m Nigerians into poverty – Survey

Prices rise 45%, push 15m Nigerians into poverty – Survey

By Adebayo ObajemuRising food prices is putting most Nigerians under unprecedented pressure and untold hardship as living conditions continue to worsen, which is driving...
Seplat’s $1.28bn acquisition of ExxonMobil assets, disobedience of court order – A/Ibom

Buhari gives nod to Seplat’s acquisition of Exxon Mobil shares

President Muhammadu Buhari has given his approval to the acquisition of the entire share capital of Mobil Producing Nigeria Unlimited by Seplat Energy Offshore...
Following EU’s dangerous fossil gas push will put Africa in danger - AU

Following EU’s dangerous fossil gas push will put Africa in danger – AU

Adebayo ObajemuA technical committee of the African Union has sounded warning on the dangerous push for gas supply by the European Union, a situation...

Subsidy: States poised for showdown, demand petrol consumption records from NNPC

The Federation Account Allocation Committee (FAAC) has asked the Nigerian National Petroleum Company (NNPC) to submit state-by-state consumption of Premium Motor Spirit (PMS), popularly...
Nigerian equity market rebounds with 1.47% growth, gains N391bn

Nigerian bourse bearish amidst renewed optimism, returns 0.70% WtD

Adebayo ObajemuThe Nigerian stock market last week ended on a higher note, lifted by growth in the prices of MTN Nigeria, NESTLE and 39...
Nova Merchant Bank appoints new directors, promotes 20% workforce

Nova Merchant Bank appoints new directors, promotes 20% workforce

NOVA Merchant Bank has announced the appointment of two independent non-executive directors and one non-executive director.This is just as it promoted about 20% of...
Alleged Fraud: EFCC interrogates Malami’s aide over sale of forfeited assets

Alleged Fraud: EFCC interrogates Malami’s aide over sale of forfeited assets

Head of asset recovery and management unit, ministry of justice, Ladidi Mohammed, is reportedly being grilled by the Economic and Financial Crimes Commission (EFCC)...
FirstBank’s dismisses reports about its offices being sealed

FirstBank’s dismisses reports about its offices being sealed

FirstBank of Nigeria has debunked reports suggesting that its head office or branch has been sealed.The bank which dismissed the report in a statement...
Polaris Bank reacts reported sale to private investor

Polaris Bank reacts reported sale to private investor

Polaris Bank Limited's management says a report that the bank has been sold to a private investor is a misrepresentation of facts intended to...