Category: Business
CBN revokes Skye Bank’s licence, Polaris Bank to take over assets
The Central Bank of Nigeria has withdrawn the operating licence of Skye Bank. Umaru Ibrahim, chairman of the Nigeria Deposit Insurance Corporation (ND [...]
Coca-Cola set to acquire Chi Limited completely by 2019
President of Coca-Cola West Africa, Peter Njonjo says the company will complete the acquisition of Chi Limited by the end of 2019 first quarter. Coca- [...]
FG suspends national carrier project, Nigeria Air indefinitely
The federal government has suspended the national carrier project, Nigeria Air indefinitely. Hadi Sirika, minister of state for aviation, made this kn [...]
Dangote launches BlocMaster for cement moulders
Builders and other stakeholders have lauded the BlocMaster Cement which was formally launched by Dangote Cement PLC yesterday in Kano, Kano State, des [...]
EFCC vows to punish operatives who raided Standard Chartered Bank
The Economic and Financial Crimes Commission (EFCC) has promised to investigate the raid on the head office of Standard Chartered Bank in Lagos, sayin [...]
“Okonjo-Iweala helped get Nigeria out of debt, but we are back there,” says former minister, Amina Mohammed (video)
Amina Mohammed, the deputy secretary-general of the United Nations (UN), says Ngozi Okonjo-Iweala, two-time minister of finance, spent years to get Ni [...]
MTN sues AGF, CBN over $10.1bn demand in unpaid taxes
MTN Nigeria has filed a suit against the Central Bank of Nigeria (CBN) and the attorney-general of the federation to seek a restraining order. In a su [...]
Dangote Group emerges winner at the 2018 Nigerian Risk awards
Dangote Group has emerged winner of the 2018 prestigious Nigerian Risk Award (NRA) which recognizes organizations who have made measurable impact with [...]
Top 50 brands: Dangote Group emerges most valued in Nigeria
Dangote Group has emerged as the most valuable brand among the top 50 brands in Nigeria for 2018 unveiled at the weekend in Lagos. This is coming bare [...]
Manufacturing key to economic growth, development – Aliko Dangote
Executive Director of the Dangote Group, Hajiya Halima Aliko-Dangote has urged millennials in Nigeria and across Africa to diversify from service-orie [...]