News
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N2.4BILLION DEBT: AMCON TAKES OVER ASSETS OF GLANO NIGERIA LIMITED 
Following an order of Honourable Justice I. N. Buba of the Federal High Court Lagos Division, the Asset Management Corporation…
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Transcorp Plc’s In 63% Profit Meltdown in Q1 2023
Transcorp Plc saw its profit before tax for the first quarter (Q1) 2023 take a 63% plunge as foreign exchange…
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Fidelity Bank Trades N13.97 billion Controlling Shares To Two Investors
Fidelity Bank has sold a 10.4 per cent controlling stake in the financial institution to two unnamed investors after conducting…
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Kogi 2023: Dino Melaye Emerges PDP governorship Candidate
A former representative of Kogi West Senatorial District, Senator Dino Melaye, has been declared the winner of the Peoples Democratic…
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Nigeria’s Oil Output Matches Analysts’ Expectation but Misses Reuters Survey Target
Contrary to a preliminary estimate by Reuters that Nigeria’s crude oil output increased to 1.6m barrels per day (b/d) in…
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Naira lost 10.2% of its value against dollar in 2022 
The World Bank says the naira, Nigeria’s legal tender, lost 10.2 percent of its value against the United States dollar…
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Nigerian Police Announces Posting and Redeployment of AIGs
The Nigerian Police Force has announced the posting and redeployment of Assistant Inspectors-General of Police to various zones across the…
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Dubai Collaborates with Industry Leaders to Strengthen Crypto Regulations 
The Virtual Assets Regulatory Authority (VARA) in Dubai has requested crypto exchange Binance and other international firms to provide good…
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Prospective Petrol Subsidy Palliatives Trouble Stakeholders
Despite the recent disclosure by Mrs. Zainab Ahmed, Nigeria’s Minister of Finance, Budget, and National Planning that the government had…
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28 Companies Issued Commercial Papers Worth N507bn in the Nigerian Fixed Income Market in Q1 2023
28 Companies issued commercial papers (CPs) in the Nigerian Fixed Income Market during the first quarter of 2023. According to…
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