The Chief Executive Officer of Dangote Sugar Refinery Plc, Ravindra Singhvi has assured stakeholders that the proposed merger between Dangote Sugar Refinery, NASCON Allied Industries, and Dangote Rice to form Dangote Foods Plc is expected to yield many benefits, solely…
As part of efforts toward ensuring enhanced career development in a fast paced, ever-changing world in the financial space, bankers and other financial experts across the globe will gather to device the rapid dynamism of work and the cutting edge…
In furtherance of its mandate to catalyse research and develop ment and support startups in the energy industry, the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Founder Institute (FI) is set to launch new 17 portfolio companies…
The Board of Directors at Transcorp Group Plc has announced the appointment of Peter Ikenga as MD/CEO of its power subsidiary, Transcorp Power Ltd. This was announced in a corporate action filed with the Nigerian Exchange and obtained by journalists.…
World Bank Country Director, Nigeria Office, Shubham Chaudhuri, has lauded President Bola Tinubu’s reform policies. Chaudhuri, who commended the policies at a symposium on Thursday in Ibadan, however, called for speedy roll out of palliatives to cushion their effects on…
By Seun Ibiyemi The Nigeria Deposit Insurance Corporation (NDIC) will begin the investigation of the directors and officers of the 183 banks whose licences were revoked earlier this year. The Managing Director of the NDIC, Mr Bello Hassan, said this…
Nigeria’s eurobonds deprec iated on Wednesday, after the government said petrol prices will not be increased, and blamed foreign exchange shortages on “gross mismanagement” at the Central Bank of Nigeria (CBN). The 2051 maturity dropped as much as 1.7 cents…
By Omolola Dede Adeyanju The Lagos state Chamber for Commerce and Industry (LCCI) has urged the federal government of Nigeria to rapidly commence provision of the anticipated palliatives to lessen the impact of the rising trend in prices on economic…
…Partners WCO to deploy Geospatial intelligence By Seun Ibiyemi The Nigeria Customs Service (NCS) may have set aside the $3.2billion Customs Modernisation Project, otherwise known as e-Customs over lingering litigation issues as the Service has announced a partnership with the…
Shareholders of First Bank Holding Plc, one of the nation’s premier commercial banks, have approved the holding company to raise N150 billion in additional capital for future expansion. The approval which was given at the group’s Annual General Meeting (AGM)…
