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Business

FBNH Surpasses Zenith Bank in Market Value

The Nigerian banking sector has seen some changes in recent months. FBNH, formerly First Bank, has surpassed Zenith Bank to become the second most...
Business

Sterling Financial Holdings Receives Major Investment

Sterling Financial Holdings Company PLC has secured a $50 million (approximately N75 billion) investment from a consortium of domestic investors and ultra-high-net-worth groups. This...
Business

UBA America Celebrates 40 Years of Strengthening Economic Ties Between Africa and the US

United Bank for Africa (UBA) is marking the 40th anniversary of its American branch, UBA America, a key player in promoting economic and cultural...
Business

Nigerian Stock Market Gains N314 Billion

On Wednesday, September 18, 2024, Nigeria's equity market continued its upward trend, adding N314 billion to investors' portfolios. The market capitalization rose from N56.133...
Business

World Bank to Approve $1.7 Billion Loan for Nigeria

Nigeria is set to receive a $1.7 billion loan from the World Bank, with final approval expected on September 26, 2024. This loan, part...
Business

PZ Cussons Considers Leaving Nigeria and Other African Countries

Another Multinational Company May Exit Africa. PZ Cussons, a British consumer goods company, is thinking about leaving Africa. They are the makers of popular...
Business

Nigerian Breweries Receives Lifeline From Heineken Amid Financial Restructuring

Nigerian Breweries PLC, a leading brewery company in Nigeria, has recently received a crucial lifeline from its parent company, Heineken, as part of its...
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PDP Leader Criticizes Presidency’s Response to Obasanjo’s Economic Concerns

Politics 0
Chief Sunny Onuesoke, a prominent member of the People's...

President Tinubu Expresses Commitment to Youth Empowerment in Northern Nigeria

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The leadership of the Labour Party (LP) is resolutely...

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