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Shareholders approve VFD Group’s N30bn supplementary capital, receive bonus shares

By Chioma Obinagwam   Shareholders of VFD Group have ratified an additional N30 billion capital raise for the company.   The approval was...

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Why Nigeria’s Central Bank dissolved board, management of Union Bank, others

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has dissolved the Board and Management of Union Bank, Keystone Bank,...

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Nestlé Nigeria confirms infant formula products safe, not affected by global recall‎

By Chioma Obinagwam‎‎Nestlé Nigeria has assured consumers that its infant formula products remain safe and are not part of a global recall recently...

‎NNPC’s $1.42bn, N5.57trn Debt Write-Off and Test of Nigeria’s Fiscal Governance‎

By Blaise Udunze‎‎When the Federal Government approved the write-off of about $1.42 billion and N5.57 trillion in legacy debts owed by the Nigerian...