Category: Business
Herbert Wigwe’s university defies new Nigeria law on foreign exchange, to charge students in dollars
Wigwe University, a private University owned by Group Managing Director, Access Holdings Plc, Herbert Wigwe is committing an offence against Nigerian [...]
Again, court orders FCMB to deposit N540m awarded against it to clergyman, Emmanuel Omale in chief registrar’s account within 48 hours
The Court of Appeal in Abuja has ordered the First City Monument Bank (FCMB) to pay N540 million in damages over the defamation of Prophet Emmanuel Om [...]
Femi Otedola emerges chairman, board of FBN Holdings Plc
Billionaire businessman and chairman of Geregu Power Plc, Femi Otedola has emerged the chairman of the board of FBN Holdings Plc.
The change of gua [...]
Still on the interconnect dispute between MTN and Globacom
The recent attempt by MTN to bully Globacom into paying it a bogus claim of N7.05 billion interconnect fees has left many wondering why the South Afri [...]
Fidelity Bank supports Temile Development Company to boost Nigeria’s Gas Revenues
In what has been termed a significant milestone in the advancement of Nigeria's domestic gas industry and the generation of gas revenues, Temile Devel [...]
Femi Otedola joins Dangote, Adenuga and Abdulsamad Rabiu on Forbes 2024 billionaires’ list
Femi Otedola, chairman of Geregu Power, has been ranked the 20th richest person in Africa by Forbes.
The publication listed Otedola with a fortune of [...]
GTCO Plc headlines sponsorship of 2024 NPA Lagos International Polo Tournament
All is set for the 120th edition of the NPA Lagos International Polo Tournament sponsored by Guaranty Trust Holding Company Plc (GTCO). The expanded f [...]
UBA wins several international awards including global finance best SME bank for 2023
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has continued to elevate its global standing, coveting several prestigious international award [...]
Fidelity Bank to promote young writers nationwide with ‘Read2Lead’ initiative
As part of its Corporate Social Responsibility (CSR) initiatives designed to empower Nigerian youths with quality education, leading financial institu [...]
Shell announces sale of onshore assets in Nigeria for $1.3bn
Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a consortium of local companies for over $1.3 billion.
In a statement [...]