Thursday, May 2, 2024
We refer to the news regarding the announcement of the proposed acquisition of Union Bank UK Pic. (“UBUK”) by Fidelity Bank. Recall that in 2020, Union Bank of Nigeria Plc. (“UBN”) or (“the Bank”) in a regulatory filing issued to...
The Association of Promotional Products Specialists of Nigeria has restated its desire to strengthen the association’s focus and standards. It also elected new executives to run the affairs of the association following the expiration of the last leadership’s term...
The Nigeria National Petroleum Corporation Limited will have the first right of refusal to supply the Dangote refinery with about 300,000 barrels of crude oil per day for the next 20 years. The Group Chief Executive Officer, NNPC Ltd,...
Risevest, Nigeria-based dollar investment fintech, has recommended that its founder and Chief Executive Officer, step down from his role due to an ongoing investigation into allegations of sexual and non-sexual impropriety. A statement from the company said the allegations...
Nigerians drink beer worth N599.11 billion in six months running from January to June 2022, according to the first quarter results of four major brewers in the country. Champion Brew ended the First Half (H1) 2022 as the best...
The Federal High Court, sitting in Lagos yesterday stopped President Muhammadu Buhari and the National Broadcasting Commission (NBC) from revoking the licences of 53 broadcast stations in the country and shutting down the stations for allegedly failing to renew their licenses.
•Says it poses national security risk The Nigeria Consumer Protection Network (NCPN) yesterday argued that the proposed sale of the five National Integrated Power Projects (NIPP) assets by the Bureau of Public Enterprises (BPE), poses a national security risk.
Domestic airlines have continued to cut down on their workforce as the crisis in Nigeria’s aviation industry lingers, it was learnt on Monday. It was also gathered that though plans were on the way to re-engage some of the...
Agusto & Co. Limited, a pan-African credit rating agency and business information provider, has projected loans in the banking sector to rise by 16.5 per cent. It disclosed this in its annual ‘2022 Nigerian banking industry report’, which provided...
PwC Nigeria has announced the direct partner admission of Olusegun Zaccheaus, who is expected to lead the firm’s Strategy and Practice in the West Market. In view of his latest admission into the firm, the company is looking forward...