[BREAKING] 46 Microfinance Banks Lose Operating Licences as CBN Tightens Oversight
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MfBs) with effect from July
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TOP STORIES
Sahara Taps Ex–Ikeja Electric CEO Soetan to Lead Oilfield Services Subsidiary
Sahara Group has appointed Mrs. Folake Soetan as Managing Director of Arahas Global Oilfield Services, as the energy and infrastructure
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Dangote, Congo’s National Oil Firm Open Talks on Fuel Supply, Refining Partnership
The Republic of the Congo’s national oil company, Société Nationale des Pétroles du Congo (SNPC), has begun discussions with Dangote
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AFC Taps Fola Fagbule to Lead East and Central African Operations
The Africa Finance Corporation (AFC) has appointed Fola Fagbule as the new director and head of its regional office in
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Musk Regains Trillionaire Status as SpaceX, Tesla Rally Adds $60bn to Fortune
Elon Musk regained his trillionaire status yesterday after strong gains in SpaceX and Tesla shares added more than $60 billion
Read moreBUA Foods Regains Top Valuation Spot as MTN Shares Plunge
BUA Foods has returned as the most valuable company on the Nigerian Exchange Limited, as MTN Nigeria’s shares fell by
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Billionaire Aliko Dangote Eyes Massive Investment Push in Tanzania
Aliko Dangote, president and CEO of Dangote Industries Limited, has met with the president of the United Republic of Tanzania,
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Ikeja Electric Names New CEO as Folake Soetan Bows Out
Ikeja Electric has appointed Mrs. Ogochukwu Onyelucheya as acting chief executive officer, effective July 1, 2026, in a leadership reshuffle
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Dangote Cement Loses Crown as Most Valuable Stock, Drops to Fourth Place
Dangote Cement has lost its position as the most valuable stock on the Nigerian Exchange Limited after its shares fell
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Elon Musk Loses Trillionaire Status 12 Days After Breaking Record
Elon Musk has lost his trillionaire status less than two weeks after becoming the first person in history to surpass
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