Group sues NNPC Chief Financial Officer over N140 billion OVH Energy deal 

A non-governmental organisation, the Incorporated Trustees of Legal Defence Against Injustice Initiative, has sued Nigerian National Petroleum Company Limited (NNPCL) executive, Adedapo Segun, at the Abuja High Court, seeking the…

FCTA to clear illegal settlements in Abuja, arrests 120 miscreants in Area 1, Durumi 

The Federal Capital Territory Administration (FCTA) has said it will clear illegal settlements in Abuja after security agencies arrested over 120 miscreants, including drug peddlers, carjackers, and armed robbers, in…

Monetary Policy Rate cuts and disinflation: Banking stocks set to gain 

Nigeria’s banking sector might be a big beneficiary as inflation decelerates, and markets anticipate a cut in the Monetary Policy Rate (MPR).   The post Monetary Policy Rate cuts and…

UBA to empower female entrepreneurs, drive financial inclusion with N5 Billion BOI MSME Fund 

Africa’s global bank, United Bank for Africa (UBA) Plc, has secured a N5 billion loan facility from the Bank of Industry (BOI), to boost key sectors of the economy and support…

Meet Opeyemi Agbaje, new Chairman of PenCom 

President Bola Tinubu on Sunday named Mr. Opeyemi Agbaje as the new Chairman of the National Pension Commission (PenCom), in a move expected to douse concerns around the governance of…

Industrial & Medical Gases opens N6.39 billion Rights Issue, states offer duration 

Industrial & Medical Gases Nigeria Plc (IMG) has announced that it has officially opened its proposed Rights Issue valued at N6.39 billion.  The post Industrial & Medical Gases opens N6.39…

United Capital Infrastructure Fund distributes over N4.6billion in dividends to investors

United Capital Infrastructure Fund (UCIF), the infrastructure fund of leading Pan-African financial services group, United Capital Plc, is pleased to announce a total distribution of N1.61billion to unitholders for the…

MTN Nigeria CEO Karl Toriola gets expanded role as VP of Francophone Africa 

MTN Nigeria CEO, Karl Toriola, has been handed an expanded role within the MTN Group as part of a sweeping executive reshuffle aimed at accelerating the telecom giant’s “Ambition 2025”…

U.S. visa applicants now required to list all social media usernames used in last five years 

The United States has reminded Nigerian visa applicants that they must disclose all social media handles used over the past five years as part of the application process, underscoring Washington’s…

Kenya’s KCB retains key NBK clients following acquisition by Access Bank 

Kenya’s largest lender by assets, KCB Group, has retained a portion of National Bank of Kenya’s (NBK) customers, assets, and liabilities following the bank’s full acquisition by Nigeria’s Access Bank.…

Business & Economy

Air Peace acquires fourth Boeing 777 amid expansion, London route challenges
Nigerian Government launches personal income tax calculator to drive transparency