FBN Holdings Plc has unveiled its strategy to raise up to N300 billion through a combination of public offering, private placement, and rights issue. In a...
Dele Oye, President of the Nigeria Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has reiterated the organization’s stance that duties collected by the...
Nigerian Breweries, NB Plc, has finalized plans to raise capital through a rights issue. In a statement to the Nigerian Exchange Limited (NGX), the company announced...
Switzerland-based Glencore Plc finds itself embroiled in a scandal of significant proportions, drawing attention for all the wrong reasons. Following extensive investigations by authorities in Brazil,...
A coalition of over 180 Civil Society Organisations in Nigeria, Civil Society Groups for Good Governance, CSGGG has debunked and exonerated the management of the Transmission...
The International Finance Corporation (IFC) has announced a significant financing support of $1.25 billion for Indorama Eleme Fertiliser and Chemicals Limited in Nigeria. This investment aims...
The Federal Government disclosed on Monday a new pricing regime for natural gas used by power generation companies, now set at $2.42 per metric million British...
By Milcah Tanimu According to the Central Bank of Nigeria (CBN), Nigeria’s economy experienced an inflow of over $1.5 billion in recent days, signaling the effectiveness...
By Milcah Tanimu The Central Bank of Nigeria (CBN) has introduced new guidelines on its recapitalization policy for banks in the country, barely 48 hours after...
A rights group, Empowerment for Unemployed Youths Initiative (EUYI) has said the current Governor of the Central Bank of Nigeria (CBN) Mr Olayemi Cardoso has not...