Category: Business

Senate panel clears Magnus Abe as NUPRC board chairman

The Senate Committee on Petroleum Resources on Monday cleared Magnus Abe, former senator representing Rivers...

NGX, SEC begin free-float review to attract investors

Nigeria’s capital market regulators have initiated a review of free-float rules for listed companies to...

ICYMI: US slashes fee to give up American citizenship

The United States will lower the fee for formally renouncing citizenship from $2,350 to $450...

MTN beats expectations with higher dividend after profit rebound

MTN Group declared a dividend well above analyst expectations on Monday as Africa’s largest mobile...

AfDB approves $5.52m grant to boost W’African tax systems

The African Development Bank Group has approved a $5.52 million grant to strengthen tax administration...

Rising energy prices threaten survival of Nigeria’s SMEs, CPPE warns

The Centre for the Promotion of Private Enterprise has cautioned that the recent rise in...

NIA DG urges industry to embrace evolving regulatory standards

The Director-General of the Nigerian Insurers Association, Bola has said that the increasing complexity of...

NLC calls for urgent relief as fuel prices soar

The Nigeria Labour Congress has described the recent surge in petrol prices, triggered by the...

Develop assets or lose exploration licences, NUPRC warn oil firms

The Nigerian Upstream Petroleum Regulatory Commission has declared an end to the practice of oil...

Nigeria air cargo operators divided as Middle East conflict disrupts logistics

The ongoing Middle East conflict involving the United States, Israel, and Iran has sparked mixed...

CBN signals possible capital raise for banks after stress tests

The Central Bank of Nigeria has indicated that Nigerian banks may need to raise additional...

Wema Bank appoints Engr. Wilson Agu as independent non-executive director

Wema Bank Plc has appointed Engr. Wilson Chiedu Agu as an Independent Non-Executive Director to...