Category: News

First Bank sued by largest shareholder Barbican over shares slash

Barbican Capital Ltd, an investment firm, has sued First Bank Nigeria Holdings (FBNH) in a...

TikTok lays off employees in Nigeria, South Africa, others

TikTok laid off several employees from its African team as part of a broader wave...

NIMASA, Chatham House partner to strengthen Gulf of Guinea security

The Nigerian Maritime Administration and Safety Agency and Chatham House, London, have reached an agreement...

FG deploys agro-rangers to combat insecurity in farms across Nigeria 

The Federal Government, through the Nigeria Security and Civil Defence Corps, has announced the deployment...

Shareholders endorse Unity, Providus banks’ merger

Members of the minority investor community have expressed support for the Central Bank of Nigeria’s...

Nigerian Immigration investigates destruction of passport at Lagos airport

The Nigeria Immigration Service has launched an investigation into an incident involving the destruction of...

NDIC pays out 82.36% of insured deposits to Heritage bank customers

The Nigeria Deposit Insurance Corporation has successfully disbursed 82.36% of the total insured deposits to...

36 states spend N139.92bn on external debt in six months

Nigerian states have collectively expended approximately N139.92 billion on servicing external debt during the first...

36 states shared N39.6bn as ecological funds – NBS

Nigeria’s 36 states received N39.62 billion in ecological fund allocations from June 2023 to June...

Edo refinery lament NNPCL’s failure to supply crude

The management of AIPCC Energy Limited, which operates the Edo Refinery and Petrochemicals Company Limited,...

NASENI pledges 50% discount for CNG conversion

The Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering’s Infrastructure,...

Germany deepen ties with Enugu to boost agriculture, energy sector 

The German government has stated that it is ready to deepen its economic ties with...