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FBN Holdings Launches Significant Capital Raise Through Rights Issue to Bolster First Bank of Nigeria
FBN Holdings Plc has kicked off a substantial capital raise via a rights issue, proposing nearly 6 billion new shares...
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Pick n Pay Exits Nigeria as Part of Restructuring Strategy
South African grocery retailer Pick n Pay has announced its exit from the Nigerian market by selling its 51% stake...
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Dangote Cement Invests Over $280 Million in Clean Energy Initiatives
Dangote Cement Plc has announced a significant investment exceeding $280 million (approximately ₦460 billion) in compressed natural gas (CNG) technology...
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Call for Replacement Aircraft for Vice President Following Safety Concerns
The Speaker of the Borno State House of Assembly, Rt. Hon. Abdulkarim Lawan, has raised alarm over the safety of...
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Nigerian Oil Firm Secures Million Dollar Deal in Grenada
Nigerian oil and gas company, Oceangate Oil and Gas Engineering, just secured a major multi-billion dollar deal with Global Petroleum...
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Nvidia Briefly Tops Apple as World’s Most Valuable Company
Nvidia briefly dethroned Apple as the world's most valuable company on Friday, with its market value reaching $3.53 trillion before...
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Nigeria Plans to Double VAT to 15%
The Nigerian government has announced plans to gradually raise the Value Added Tax (VAT) rate from the current 7.5% to...
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Supply Chain Financing is the Future of Corporate Liquidity: Here’s Why…
Today’s business environment is driven by an unrelenting quest for financial stability, agility, and efficiency. For businesses, preserving growth, reducing...
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Over 90 Feared Dead in Devastating Explosion
Following a gasoline tanker explosion in Majiya Town, Taura local government area, Jigawa State, on Tuesday, at least 90 people...
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Navy Jet Crashes Near Mount Rainier
During a routine training mission on Tuesday afternoon, October 15, 2024, a U.S. Navy EA-18G Growler aircraft tragically crashed east...
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