Category: News

Diageo to sell majority stake in Guinness Nigeria

The foreign majority shareholder in Guinness Nigeria Plc, Diageo, has agreed to sell its 58.02%...

SMEDAN, Sterling Bank launch N5bn loan scheme for small businesses

The Small and Medium Enterprises Development Agency of Nigeria and Sterling Bank Ltd. have launched...

Ex-Robots engineers enhance humanoid robot with facial expressions

Engineers in the Ex-Robots factory located in the northeastern coastal city of Dalian are pushing...

Elon Musk threatens to ban iPhones over Apple’s OpenAI integration

Elon Musk issued a stern warning about banning iPhones from all his companies following Apple’s...

FG spent $2.2bn to service debt in five months – CBN

The Central Bank of Nigeria has revealed that Nigeria’s debt servicing cost approximately N2.2 billion...

Banks’ loan from CBN declines 10.6% to N10.9trn

Bank borrowing from the Central Bank of Nigeria decreased by 10.6 per cent month on...

Recapitalisation of banks will promote capital market, says ASHON chair

The Chairman of the Association of Securities Dealing Houses of Nigeria, Sam Onukwue has stated...

Atedo Peterside steps down from Stanbic IBTC board after 35 years

Atedo Peterside has resigned from the Stanbic IBTC board after 35 years as CEO, chairman,...

SEC approves FCMB-TLG as Nigeria’s first private debt fund

The Securities and Exchange Commission has approved the FCMB-TLG Private Debt Fund, Nigeria’s first private...

FG, private sector partner to revive textile, garment industry

The Federal Government in collaboration with development partners and the commercial sector, is working on...

Nightclub raid: Ondo gov slams EFCC’s disruption of legitimate business

Alex Omenye Ondo State Governor Lucky Aiyedatiwa, has accused operatives of the Economic and Financial...

Stakeholders advocate for standardisation in hospitality industry

Stakeholders in the hospitality industry campaigned for innovation and standardization. This was disclosed by the...