Browsing Category
Business
Tesla investors back record-breaking Musk pay deal
Tesla shareholders have approved a record-breaking pay package for CEO Elon Musk and endorsed a plan to relocate the firm's…
World Bank approves fresh $2.25bn loan for Nigeria
The World Bank has approved two major financing operations targeted at improving Nigeria's economic stability and assisting its…
$2.4bn of $5.5bn refinery loan repaid– Dangote
Aliko Dangote, the founder of Dangote Group, has announced that he has repaid $2.4 billion of the $5.5 billion loan for his $19…
CIBN assures public of safety, soundness of Nigerian banking system
The Chartered Institute of Bankers of Nigeria (CIBN) has debunked reports in some sections of the media (not NewsClick…
Dangote Refinery announces new date for petrol supply
Dangote Petroleum Refinery and Petrochemicals in Lagos State has moved the supply date for Premium Motor Spirit (PMS) popularly…
Diageo to sell Guinness Nigeria to Tolaram
Diageo, the foreign majority shareholder in Guinness Nigeria Plc, has agreed to sell its controlling ownership holding of 58.02%…
NNPC reacts to reports of inflating petrol subsidy claims by N3.3trn
The Nigerian National Petroleum Company (NNPC) Limited says it did not inflate petrol subsidy claims by N3.3 trillion.
Reports…
CBN Clears air on plans to withdraw licence of Banks
The Central Bank of Nigeria (CBN) has refuted allegations that it is contemplating the revocation of operating licences for…
FG, states, LGAs share N1.1trn revenue in May – FAAC
The Federation Account Allocation Committee (FAAC) says the three tiers of government shared N1.14 trillion for May.
The figure…
Trafficking: FG bans lodging of underage girls in hotels
The Federal Ministry of Women Affairs has issued a directive prohibiting underage girls from lodging in hotels.
Uju…