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Business
MultiChoice writes off $21Million deposited in Heritage Bank
MultiChoice Group Limited has written off $21 million previously held in Nigeria’s Heritage Bank following the bank’s liquidation…
Recapitalisation: UBA to raise N239bn through Rights Issue
The United Bank for Africa (UBA) Plc has announced that it with raise N239.4 billion through a Rights Issue of 6,839,884,274…
NDIC announces date to commence sale of defunct Heritage Bank assets
The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024.
In a…
Nigerians to pay more as Guinness announces new price regime for drinks
Guinness Nigeria, a major beverage maker, has announced an upward review in the prices of some products.
In a memo dated…
NAFDAC seizes fake Wines worth ₦41.2Million in Nasarawa
The National Agency for Food and Drug Administration and Control (NAFDAC) has seized counterfeit wines worth ₦41.2 million in…
IPMAN, Dangote seal deal for direct lifting of Petrol, Diesel
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery for the direct…
MTN data revenue hits N804 Billion
MTN Nigeria, the country’s largest telecom operator, reported that its data revenue reached ₦804 billion in the first nine months…
Bitcoin reach $80,000 for first time
Bitcoin surged to a record high on Sunday, as traders speculated that Donald Trump’s potential return to the White House could…
Nissan to lay off thousands of workers as sales drop
Nissan has announced plans to lay off thousands of employees and reduce global production in response to declining sales in…
‘Come and claim your funds,’ NDIC tells customers of defunct…
The Nigeria Deposit Insurance Corporation (NDIC) says customers of the defunct Heritage Bank who are yet to receive payment should…