June 2024

Fidelity Bank to raise ₦127.1bn public offer

Fidelity Bank Plc has concluded arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue to existing shareholders and a Public Offer (the “Combined Offer”). The Combined…

Ekpo gets marketers thumbs up for LPG price reduction

The Nigerian Association of Liquefied Petroleum Gas (LPG) Marketers has commended the Minister of State Petroleum Resources (Gas), Rt. Hon.. Ekperikpe Ekpo for the courage and boldness in ordering the domestication of all LPG produced within the country saying the…

El-Rufai govt embezzled N423bn – Kaduna Speaker

The Kaduna State House of Assembly on Wednesday said the administration of former Governor Nasir El-Rufai embezzled N423 billion. Speaker of the Assembly, Yusuf Liman said the development had left the state burdened with enormous obligations. Liman disclosed this while…