Latest Business News

Seplat rerating pushes Elumelu’s Heirs Holdings stake above $1bn

  Heirs Holdings’ investment in Seplat Energy has more than doubled in…

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Geregu pays N6bn due to investors on N40bn bond after default

Geregu Power Plc has paid the N6 billion owed to investors under…

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FG, states, LGAs shared record N3trn in July – FAAC

The Federation Account Allocation Committee (FAAC) says a total of N3.007 trillion…

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FCCPC probes cement price manipulation as costs soar

The Federal Competition and Consumer Protection Commission (FCCPC) says preliminary findings from…

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BOI’s N250bn maiden bond oversubscribed on strong investor demand

The Bank of Industry (BOI) has recorded a strong debut in Nigeria’s…

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EFCC facilitates $60m Nestoil debt recovery as lenders await further payments

The Economic and Financial Crimes Commission (EFCC) has facilitated the recovery of…

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Nigeria to ramp up production of military vehicles, anti-drone systems

Nigeria is intensifying efforts to strengthen local production of military hardware as…

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SEC orders Nigerian capital market firms to cut North Korea, Iran ties

The Securities and Exchange Commission (SEC) has ordered all capital market regulated…

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NGX’s new pricing rules take effect Monday, changes how stock prices move

The Nigerian Exchange (NGX) will introduce a revised pricing methodology for equities…

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Ibadan DisCo: Fuelling unending darkness, by Emmanuel I. Nwagboniwe

  Let me confess frankly here: Nigeria’s 11 Electricity Distribution Companies (DisCos)…

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