French Firm Bid To Acquire Multichoice For $1.7bn
A French company, Canal+, has offered to acquire South African pay-TV giant MultiChoice for around R31.7bn ($1.7bn). Canal+ is a...
NNPCL To Complete Warri Refinery Q1
The mechanical completion of the Warri Refining and Petrochemical Company is scheduled for completion in the first quarter of this...
Naira Rebounds As Banks Offload Excess Dollars
Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell...
Petroleum Minister Lambasts Media For Revealing Tinubu’s Personal Stake In Shell-Eni Deal, Describes Exposé As Unpatriotic
Nigeria’s junior petroleum minister, Heineken Lokpobiri, launched a scathing attack on media outlets for revealing former Lagos State Governor Chief...
Electricity Consumers Increase To 11.71m In Q3 2023 – NBS
The number of electricity consumers rose by 240,000, from 11.47 million in the second quarter of 2023 to 11.71 million...
CBN Orders Banks To Sell Excess Dollars In 24 Hours
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money...
Nigerian Bank Appoints Femi Otedola As Board Chairman
The First Bank of Nigeria (FBN) Holdings has appointed billionaire businessman Femi Otedola as the new chairman of its board...
TotalEnergies Marketing Exceeds Q4 Revenue Projection
TotalEnergies Marketing Nigeria Plc posted a better-than-expected result in the fourth quarter of 2023, exceeding its revenue and profit projections....
CBN Pays Additional $64.44m Verified Forex Claims By Airlines
The Central Bank of Nigeria (CBN) has disclosed that it has concluded payment of all verified claims by airlines with...
Dangote Refinery To Import Crude Oil From US
Dangote Refinery is preparing to import crude from the United States (US) in the forthcoming months, signalling the increasing competitiveness...