Prudential Africa has signed a sponsorship agreement with the Confederation of African Football (CAF) to become the official insurance partner of the ongoing 33rd edition of Africa Cup of Nations (AFCON) 2021. At a press…
The federal government has introduced an excise duty of N10/litre on all non-alcoholic, carbonated and sweetened beverages. Zainab Ahmed, minister of finance, budget and national planning made the announcement during a public presentation of the…
Dangote Cement Plc, the most capitalized company on the Nigerian Exchange, today recorded a growth in share price taking the price to N256.50, slightly appreciating by 0.59%. The cement producer traded the highest in value…
The Central Bank of Nigeria has approved the appointment of Alhaji Ahmad Abdullahi as non-executive Director of First Bank Holding Plc and Chairman of the company This follows the recent resignation of the former Chairman…
Banks operating in the country have made the sum of N88.9 billion from account maintenance charges deducted from deposits of their customers in the 9-month period of 2021 (January – September). The figure is sourced…
A US digital infrastructure company, Equinix on Monday announced its expansion into Africa through its intended acquisition of MainOne, a leading West African data center and connectivity solutions provider, with a presence in Nigeria, Ghana,…
The South-East Amalgamated Markets Traders Association has addressed a petition to the Central Bank of Nigeria alleging indiscriminate bank charges by commercial banks . In an open letter to the Governor of the Central Bank of…
Investment firm, Development Partners International (DPI), has announced the signing of Dolidol’s acquisition of Mouka, making Dolidol a regional champion and leader in the African bedding and mattress industry. Dolidol, a market-leading operator in Francophone…
The Chairman of Innoson Group, Dr. Innocent Chuwuma ,has identified a former governor of Anambra state, Peter Obi as being the motivational force behind his decision to manufacure Sub-Urban Vehicles (SUVs) and pick ups. The…
Nigeria’s largest telecommunications company, MTN Nigeria Communications (MTN Nigeria) Plc will tomorrow open application list for its public offering of 575 million ordinary shares to the general retail investing public at a price of N169…
