Femi Otedola Acquires First Bank Holdings Majority Shares

There are strong indications that the founder and chairman of the Geregu Energy Group, Femi Otedola, has acquired the majority shares of FBN Holdings...

Multichoice Unveils New Offerings, Line-Up Shows, Series

MultiChoice Nigeria has unveiled a line-up of new shows, series and other content offerings coming to its DStv, GOtv and Showmax platforms ahead of...

Trump Launches ‘TRUTH’ Social Media Platform

Former U.S. President Donald Trump will launch his own social media app, TRUTH Social, that he said would "stand up to Big Tech" companies...

Nigeria Exchange Rate Is Artificially Low —Osinbajo

Vice-President Yemi Osinbajo says that Nigeria cannot get new dollars into the system when the exchange rate is “artificially low.” Osinbajo said this on Monday...

MTN Suffers Network Downtime In Nigeria, Apologises To Customers

The disruption affected calls and data services. Mobile network operator MTN has apologised to its Nigerian customers after users reported outages in many parts...

Fidelity Bank to Develop SMEs Capacity in Non-oil Exports Sector

In furtherance of its resolve to help Nigerian businesses build sustainable export capabilities, is set to host the 11th and 12th editions of its...

Buhari Approves Incorporation Of NNPC Ltd, Names Ararume Chairman

President Muhammadu Buhari yesterday directed the incorporation of Nigerian National Petroleum Company (NNPC) Limited and appointed the board and management of the new company. Special...

CBN To Clamp Down On ‘Aboki FX’ Website Over Exchange Rate

The Central Bank of Nigeria (CBN) on Friday said it will shut down the operations of ‘Aboki FX’ over its posting of exchange rates.   ‘Aboki...

FIRS Should Collect VAT, Not States —Umahi

Ebonyi State Governor David Umahi says the state is not in support of Rivers, Lagos  and other states in their moves to collect Value...

Lagos State Govt, Ikeja Electric, Sahara Power Agree To Increase Power Supply To Lagosians

…Releases 20,000 free prepaid meters for low income areas Lagos State Government, through its Ministry of Energy and Mineral Resources, on Tuesday signed a Memoranda...
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Koeman Sacked As Barcelona Coach

Ronald Koeman has been sacked as coach of Barcelona, the club announced on Wednesday, with former midfielder Xavi Hernandez the favourite to replace him. Koeman...

FirstBank Confirms Odukale As Single-Largest Shareholder, Ranks Otedola 2nd

FBN Holdings Plc, the holding company of First Bank Nigeria Limited, has confirmed Mr. Tunde Hassan-Odukale as the single-largest shareholder.   The bank said with 5.36...

Senate Rejects Ministry Of Health Proposal To Borrow $200m For Mosquito Nets

Senate Committee on Health on Tuesday rejected proposal by the Federal Ministry of Health to borrow $200 million to buy mosquito nets and Malaria...