Category: Business

Lagos council to launch 200 electric minicabs in March

The Chairman of Ikoyi Obalende Local Council Development Area in Lagos State, Fuad Atanda-Lawal, has announced intentions to...

Agribusiness shareholders to raise N5bn capital

Ellah Lakes Plc’s shareholders have approved a plan to raise approximately N5 billion in stock. The PUNCH...

CBN to host first MPC meeting under Yemi Cardoso

The Central Bank of Nigeria will hold its inaugural Monetary Policy Committee meeting on February...

Eterna Plc to become official distributor of Dangote refinery  products

Eterna Plc has signed an agreement with Dangote Petrochemical Refinery to become an official sales...

Dangote Plc becomes most valuable company in Nigeria

Dangote Cement Plc on Wednesday, surpassed Airtel Africa Plc to become the most valuable company...

CBN permits Access Holdings to create consumer lending subsidiary

Access Bank’s parent group, Access Holdings Plc, has acquired CBN approval in principle to establish...

Dangote Sugar exceeds N1tn market cap level 

Dangote Sugar has become the second Aliko Dangote-owned company to reach the N1 trillion market...

Why naira-dollar can’t be stable – Minister

Christian George The Minister of Budget and Economic Planning, Atiku Bagudu, has revealed why naira...

Investors gain N1.8tn as equity market sets new record

The Nigerian Exchange Limited set new records at the close of trade on Tuesday, as...

Naira falls to 1300/$ at parallel market

The naira fell to N1,300/$ on the parallel market on Tuesday. As confirmed with the...

Ikea to cut prices this year due to deflation – CEO

Ikea has stated ahead of the World Economic Forum’s annual conference that it will keep to planned...

Shell to sell Nigerian onshore oil assets for $1.3bn

Shell Plc has agreed to sell its Nigerian onshore oil assets to a local partnership...