Ailing refineries cost Nigeria over $13bn in one year – MOMAN chair
The Chairman, Major Oil Marketers Association of Nigeria, Mr Adetunji Oyebanji, has said non-functional refineries cost Nigeria over $13 billion
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Dangote Cement’s deputy GMD resigns
Dangote Cement Plc announced on Thursday the resignation of Mr Arvind Pathak as a director of the company. Arvind was
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Unilever Nigeria to spin off tea business this year
Unilever Nigeria Plc has announced plans to separate its tea business into a legal entity this year. “Further to the
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Valency Agro gets FMDQ Exchange’s nod for N5.12bn CP
FMDQ Securities Exchange Limited has announced the approval of the quotation of the Valency Agro Nigeria Limited N5.12 billion Series 1
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Wema Bank’s pre-tax profit rises to N6.96bn
Wema Bank Plc has reported a profit before tax of N6.96 billion for the 2020 financial year, up from N6.76
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Nigeria to sell dead assets, targets single-digit inflation
The Nigerian government will sell assets dead or non-performing assets to credible investors who can revive them, the Minister of
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Ellah Lakes’ major shareholders agree to sell down shares
Three major shareholders of Ellah Lakes Plc have each undertaken to sell down 25 percent of their shares held in
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Dangote falls to world’s 125th richest as net worth drops $1.8bn
The President of Dangote Group, Aliko Dangote, is now the 125th richest person in the world as his net worth
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Nigeria losing 200,000 barrels of oil daily, says NNPC
Nigeria, Africa’s biggest oil producer, is losing an average of 200,000 barrels of crude oil daily. The Group Managing Director
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Ex-Wema Bank CEO, seasoned lawyer join Chams’ board
Chams Plc, an identity management and identity transaction systems provider, has announced the appointment of two new directors to its
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