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World Bank Debars PwC Africa Units Over Electricity Project Fraud
The World Bank has debarred three African subsidiaries of global consulting giant PricewaterhouseCoopers (PwC) for 21 months after uncovering collusive...
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Lagos Issues Flood Alert as Above-Normal Rainfall Is Expected
Residents of Lagos have been urged to prepare for heavier rainfall this year as the Lagos State Government warned that...
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Tony Elumelu Deploys $100 Million Seed Capital to Support African Startups
African investor and philanthropist Tony Elumelu has announced that more than $100 million in seed capital has been deployed to...
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Parallex Bank Meets CBN Recapitalisation Requirement Ahead of Deadline
Parallex Bank has announced that it has successfully completed its recapitalisation process, surpassing the minimum capital requirement set by the...
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Thibaut Boidin Appointed Chairman of Nigeria’s Beer Sectoral Group
Thibaut Boidin, Managing Director and Chief Executive Officer, has been appointed Chairman of the Beer Sectoral Group (BSG), a key...
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Jaiz Bank Plc Announces Appointment of Omolara Muinat Ismail as Executive Director
Jaiz Bank Plc has announced the appointment of Omolara Muinat Ismail as Executive Director of the bank, effective February 28,...
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FCMB Confirms Completion of Capital Raise to Meet Recapitalisation Requirement
FCMB Group Plc has announced the successful completion of a major capital raise programme undertaken to strengthen its banking subsidiary,...
Read moreDetailsPresident Tinubu approves new gratuity regime for federal civil servants
President Bola Ahmed Tinubu's administration has approved a new gratuity regime for federal civil servants, marking a significant shift in...
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Dangote Blames Global Market Volatility and NNPC Crude Shortfall for Petrol Price Increase
Dangote Petroleum Refinery & Petrochemicals has reaffirmed its commitment to stabilizing Nigeria’s energy sector despite the recent surge in global...
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TAJBank Secures A1 Credit Rating Upgrade
TAJBank Limited has successfully secured an upgraded A1 credit rating from renowned rating agencies Agusto & Co. and Datapro, a...
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