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Cash distribution policy: CBN fines First Bank, Zenith Bank, seven others N150m each

By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has fined nine Deposit Money Banks(DMB) N150 million each for failing...

BusinessNews

NGX celebrates innovation, best practice at Made of Africa awards

By Chioma Obinagwam Nigerian Exchange Limited (NGX) has honoured capital market operators and other stakeholders for their innovativeness and compliance with best practices...

BusinessNews

Seplat issues Nigeria’s largest oil and gas bond

…oversubscribed by 120 global investors By Chioma Obinagwam Seplat Petroleum Development Company Plc.(“Seplat” or the “Company”), a leading Nigerian independent energy Company listed...

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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...