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Forbes Index: Dangote Africa’s Richest For 12th Consecutive Year

July 12, 2023 Editor 0

For the 12th consecutive year, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa.This is despite economic headwinds that affected the fortunes of half of the world’s […]

Business

Ripples as fresh report exposes breaches in Polaris Bank’s acquisition

June 3, 2023 Editor 0

– How 6-month-old SCIL acquired lender with N1.2trn assets – The secret offshore companies involved in the deal – Embattled ex-Union Bank CEO, Emeka Emuwa uncovered as co-owner A fresh report by online newspaper, PREMIUM […]

Business

Fuel Price Hike: Oil Marketers Rake In Over N21.8bn Daily

June 3, 2023 Editor 0

Oil marketers in Nigeria may have made an excess of N21.8834 billion in a day following the removal of subsidy on Premium Motor Spirit (PMS) popularly called petrol or fuel investigation by Saturday Telegraph has […]

Business

All set for second edition of Ecobank Adire Lagos Experience

May 30, 2023 Editor 0

All is now set for the second edition of Adire Lagos Experience being hosted by Ecobank Nigeria. The Bank said it is impressed and motivated by the phenomenal success of the maiden edition held last […]

Business

After losing N230 billion in few days, Mike Adenuga, Nigeria’s third-richest man, falls 52 places on the billionaires list

May 21, 2023 Editor 0

Mike Adenuga, the Nigerian telecommunications and oil tycoon, has experienced a significant decrease in his total wealth. According to Forbes, Adenuga’s net worth plummeted by $500 million (equivalent to N230.5 billion) between May 1, 2023, […]

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Business

How Elumelu of backstabbed me – Otedola speaks on bankruptcy

May 9, 2023 Editor 0

Nigerian businessman Femi Otedola has accused the chairman of Transnational Corporation of Nigeria (Transcorp), Tony Elumelu, of backstabbing him repeatedly at his most vulnerable moments in business. Mr Otedola made the revelation in a statement […]

Business

Amid sale controversy, over 100 Polaris Bank staff lament unpaid salaries

April 28, 2023 Editor 0

For Polaris Bank Limited, it’s a story of one day, one trouble as the bank, which is currently being troubled over its controversial sale, is in the news again for the wrong reasons. Recall, NET […]

Business

NNPC Ex-GMD, Yakubu Sues EFCC, CBN, GTB Over Alleged Non-Release Of $9.8M

April 28, 2023 Editor 0

Andrew Yakubu, former Group Managing Director, GMD, Nigerian National Petroleum Corporation, NNPC, has sued the EFCC, the Central Bank of Nigeria, CBN, and the Guarantee Trust Bank, GTB, over alleged refusal to release his 9.8 […]

Business

Fresh concerns as GTCO loses N2.57 billion to fraud in 2022, profit dips

April 27, 2023 Editor 0

The vulnerability of Guaranty Trust Holding Company PLC (GTCO) to scams heightened in the year 2022, as the rate of fraud went up by 84.54 per cent to 27,725 cases from 15,024 in 2021, according […]

Business

Elumelu’s HH Capital Acquires 25.58% In Transcorp Plc

April 27, 2023 Editor 0

Transnational Corporation Plc (Transcorp) has informed the Nigerian Exchange Limited (NGX) and the investing public of the acquisition of new shares by HH Capital Limited. HH Capital is a company (Special Purpose Vehicle) owned by […]

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  • LIVE STREAM: Tottenham vs Manchester United
  • Surgery Done & Dusted: Bobrisky Learns To Walk After Acquiring New Curvy Shape
  • Forbes Index: Dangote Africa’s Richest For 12th Consecutive Year
  • Governor Alia’s Assets Recovery Committee Recovers Exotic Cars From Ortom’s Property
  • Only Retired Judges Should Handle Election Petition Tribunals – Afe Babalola

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