Category: Business
GTCO notice of proposed offering
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLA [...]
Fitch upgrades Fidelity Bank’s rating to ‘positive’
Fitch Ratings has revised the outlook on Fidelity Bank PLC's LongTerm Issuer Default Rating (IDR) to Positive from Stable, while affirming the rating [...]
Lagos govt orders additional 100 trucks from Dangote’s Trucks Assembly Plant as Akpabio commissions Dangote’s new CKD plant
Leadership of the Senate at the weekend unveiled the multi-million dollar world-class Dangote Sinotruk West Africa Ltd CKD Plant established by the bu [...]
Diageo exists Nigeria, divests Guinness shares to Tolaram Group
Singaporean multinational, Tolaram Group has agreed to acquire Diageo’s 58.02 percent shareholding in Guinness Nigeria Plc.
[...]
FG must come clean about diversion of fuel subsidy – Atiku
Former Vice-President Atiku Abubakar has accused President Bola Tinubu’s administration of diverting public funds through petrol subsidy.
Abubakar al [...]
Fidelity Bank undertakes ₦29.6bn rights issue, ₦97.5bn public offer
Fidelity Bank Plc (“Fidelity Bank” or the “Bank”) has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred [...]
Zenith bank named Most Sustainable Bank in Nigeria at Int’l Banker Awards 2024
Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the secon [...]
Airports, national grid shut as Labour embarks on nationwide strike
Intending travellers at the Murtala Muhammed International Airport in Lagos State on Monday, June 3, were left stranded as all entry points into the d [...]
CBN withdraws banking license of Heritage Bank
The Central Bank of Nigeria, CBN has revoked the banking licence of Heritage Bank Plc, effective immediately.
This decision was made due to the ban [...]
First Bank manager, Tijani Muiz Adeyinka on the run after stealing whopping N40bn
A senior staff of one of Nigeria’s first generation banks, First Bank Nigeria Plc, is on the run after diverting $29 million into some private account [...]