Zenith Bank Appoints New Executive Directors

The Board of Directors of Zenith Bank Plc has approved the appointment of Dr. Temitope Fasoranti and Mr. Dennis Olisa as executive directors of...

Hisense Acquires Toshiba TV Subsidiary For $115m

Global home appliances manufacturing giant, Hisense Electronic Company Ltd, has acquired 95 per cent shares of Toshiba Visual Corporation (TVS), the television business subsidiary...

Power Generation, Now 5,155MW –Fashola

The quantum of electricity generated and supplied through the national grid reached an all-time high of 5,155 megawatts on December 8, 2017, surpassing the...

Nigerian Breweries Gets New Managing Director

Nigerian Breweries Plc has announced the appointment of Jordi Borrut Bel as the company’s Managing Director/CEO. The appointment takes effect on January 22, 2018. Mr....

Smile To Delight Customers With Exciting Offers At Yuletide

As part of efforts to prepare customers for a fun filled holiday season celebration, Smile, one of the leading 4GLTE telecommunications service providers, has...

SEC Begins Forensic Audit Of Oando Plc

The Securities and Exchange Commission (SEC) has begun the forensic audit of Oando Plc, contrary to reports that the exercise stopped due to the...

FCMB Group Completes Acquisition Of Legacy Pension 

FCMB Group Plc has successfully completed the acquisition of an additional 60 per cent equity stake in Legacy Pension Managers Limited (Legacy). The acquisition, which increases the holding company’s interest in the company...

CBN Injects $210m Into FX Market

As the Monetary Policy Committee of the Central Bank of Nigeria commenced its last meeting for 2017, the bank injected has $210m into the...

Diamond Bank Divests From W/African Operations

Diamond Bank Plc over the weekend announced, it  is selling its West African banking operations in order to focus on Nigeria’s significant retail banking...

Oando Records N7.1 Billion Profit After Tax in Q3

The prospects are getting brighter for Oando Plc as the company has reported a profit after tax of N7.1 billion for the nine months...
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Nigeria 11th Worst Place To Be Born

The number of newborn babies dying each year remains “alarmingly high” around the world—and moreso in developing countries, the United Nations Children’s Fund says...

Court Acquits Nnamani Of Corruption Charges

A Federal High Court sitting in Lagos has held that there is no valid charge before it in relation to the case of the...

Buhari Dumped My Husband After 2015 APC Victory, Says Oluremi Tinubu

As the national leader of the All Progressives Congress, Asiwaju Bola Tinubu, begins to reconcile warring sides in the ruling party, his wife, Senator...
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