Access Bank PLC and KCB Group PLC (“KCB”) have signed a binding agreement to acquire 100 percent shareholding in National Bank of…
News
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BusinessNews
Russian firm, Rosatom commences exploration of lithium in Edo, gets nod to build processing plant
One of Europe’s largest nuclear energy companies, Rosatom, has commenced exploration of lithium in Edo and has gotten the state government’s approval…
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Funds set up by the African Export-Import Bank (Afrexim) have more than $450 million to invest in financial services, creative industries, oil…
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Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June…
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The bears continued to dominate the domestic bourse as the benchmark Index dipped 0.11% settled at 104,663.34 points. Continued selloffs in telco heavyweight, MTNN…
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The Edo State Governor, Mr. Godwin Obaseki, has said the Federal Government can tackle the current foreign exchange crisis by advancing fiscal…
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MaritimeNews
FG to address underutilisation of Eastern ports, commissions 4.8km road, six mooring boats in Rivers
Federal Government promised to give the Nigerian Ports Authority, NPA, all necessary backing to address the factors responsible for the underutilisation of…
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London-listed Savannah Energy has agreed to buyout its partners’ 49% stake in an oilfield in southern Nigeria for a total of $61.5…
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Oil prices hit four-month highs on Tuesday after breaking above range-bound trading last week, but gains were capped by the prospect of…
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Oil futures rose on Monday, finding support as continued attacks by Ukraine on Russian energy facilities were estimated to have idled a…
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Opening the week, the local bourse slipped 0.40% as the benchmark Index settled at 104,663.34 points. Selloffs in telco heavyweight, MTNN (-7.58%) alongside…
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BusinessNews
Business Process Outsourcing to generate 50,000 jobs as Nigeria signs MoU with Lab Four
Nigeria is poised to become a global hub for Business Process Outsourcing (BPO) after the Ministry of Industry, Trade and Investment signed…
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Indication are that Central Bank of Nigeria has sacked nineteen top officers of the bank including some directors. Although fillers from the…
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Oil and gas host communities in Rivers State have flayed oil firms operating in their areas for shunning a negotiation town hall…
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Former Governor of Akwa Ibom State, Obong Victor Attah, has said it has been difficult marketing Nigeria to the international community for…