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Month: May 2023

Elumelu Boosts Investment in UBA, Acquires Additional 17.43m Shares
Business News

Elumelu Boosts Investment in UBA, Acquires Additional 17.43m Shares

Web AdminMay 31, 2023May 31, 2023
The chairman of United Bank for Africa (UBA), Tony Elumelu, has increased his stakes in the bank by acquiring more shares, a new corporate filing on Nigerian Exchange Limited has...
ATCON Applauds Tinubu’s Efforts to Achieve Exchange Rate Unification
Business News

ATCON Applauds Tinubu’s Efforts to Achieve Exchange Rate Unification

Web AdminMay 31, 2023May 31, 2023
The Association of Telecommunications Companies of Nigeria (ATCON) has expressed satisfaction with the decision of President Bola Tinubu to unify Nigeria’s multiple exchange rates in order to strengthen the Naira....
Zenith Bank Continues to Lead in Corporate Governance Among Financial Services in Africa
Business News

Zenith Bank Continues to Lead in Corporate Governance Among Financial Services in Africa

Web AdminMay 31, 2023May 31, 2023
For the fourth consecutive year, Zenith Bank Plc has been named the Best Corporate Governance ‘Financial Services’ Africa 2023 by the Ethical Boardroom. The award, which was published in the...
Fuel Price Update: NNPC Introduces New Price Template, Offers Fuel at N537/L
Business News

Fuel Price Update: NNPC Introduces New Price Template, Offers Fuel at N537/L

Web AdminMay 31, 2023May 31, 2023
Nigeria has finally removed subsidy on premium motor spirit (PMS) popularly known as Petrol as the Nigeria National Petroleum Company (NNPC) Limited Wednesday morning officially changed its pump price to...
Task Force Cracks Down on Filling Station Selling Fuel at N600/L, Forces Closure
Business News

Task Force Cracks Down on Filling Station Selling Fuel at N600/L, Forces Closure

Web AdminMay 31, 2023May 31, 2023
Eltayon Nigeria Limited, a filling station in Ekiti State has been sealed for selling fuel at N600 per litre after Tinubu’s announcement. Recall that following confirmation of fuel subsidy removal...
West Africa Exhibition Poised to Become Africa’s Premier F&B Trade Show
Sponsored Content

West Africa Exhibition Poised to Become Africa’s Premier F&B Trade Show

Web AdminMay 31, 2023May 31, 2023
The Food & Beverage West Africa Exhibition is all set to become the largest F&B trade show in Africa, boasting over 250 exhibitors spread across four halls. This highly anticipated...
Fuel subsidy removal: Queues return to filling stations
Business News

Fuel subsidy removal: Queues return to filling stations

Web AdminMay 30, 2023May 30, 2023
After the announcement by President Bola Tinubu that fuel subsidy has been removed, fuel marketers have increased the pump price of petrol to N305/ltr forcing many consumers into panic buying....
Fuel Subsidy: Edo Govt Threatens To Seal Stations Hoarding Petrol 
Business News

Fuel Subsidy: Edo Govt Threatens To Seal Stations Hoarding Petrol 

Web AdminMay 30, 2023May 30, 2023
Governor Godwin Obaseki, of Edo State, has threatened to revoke the landed property of any fuel marketer caught hoarding petroleum products in the state. It was reliably gathered that following...
Fuel subsidy removal: NNPCL declares support for Tinubu, warns Nigerians against panic buy
Business News

Fuel subsidy removal: NNPCL declares support for Tinubu, warns Nigerians against panic buy

Web AdminMay 30, 2023May 30, 2023
The Group Chief Executive Officer of Nigerian National Petroleum Corporation, Mele Kyari, on Monday, said he backed President Bola Tinubu over his decision to stop fuel subsidies, assuring Nigerians that...
Fuel subsidy removal Tinubu justifies position
Business News

Fuel subsidy removal Tinubu justifies position

Web AdminMay 30, 2023May 30, 2023
In a bid to douse tension over panic buying that has ensued following President Bola Tinubu's pronouncement on the removal of fuel subsidy, the Asiwaju Bola Ahmed Media Centre on...

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Recent Posts

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  • House Probes Oil Companies Over Unremitted $457m, Recovers N86m

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Fidelity Bank Celebrates Customers, Disburses ₦30m in Cash Prizes

₦30m Donation Rejected by Pastor Enenche During Church Service Visit

US Authorities Recover $225 Million in Major Cryptocurrency Scam Bust

Financial Experts Raise Alarm Over CBN’s 50% CRR and Banking Sector Liquidity

House Probes Oil Companies Over Unremitted $457m, Recovers N86m

Sokoto Trains Officials to Boost Fiscal Transparency, Accountability

NELFUND Automates Loan Application Process to Boost Accessibility and Efficiency

Lawmakers Launch Investigation into Alleged Misuse of N1.12 Trillion Anchor Borrowers’ Programme Funds

Nigeria’s Crude Imports Hit N1.2 Trillion Amid Declining Domestic Production

Nigerian National Nabbed in India with N214 Million Worth of Narcotics

CBN’s Dividend Suspension Sparks Sell-Off in Banking Stocks, Raises Recapitalisation Concerns

Non-Performing Loans Surge Past $3.5bn Across Six Nigerian Banks – Report

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