Economy

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MTN Nigeria grants shares to six employees under ESOP

MTN Nigeria grants shares to six employees under ESOP

MTN Nigeria has vested 129,129 ordinary shares, valued at approximately ₦103.3 million, in six of its employees under the company’s…
HBM Nigeria’s evolution marks new growth era, says NGX chairman

HBM Nigeria’s evolution marks new growth era, says NGX chairman

Chairman of the Nigerian Exchange Group (NGX Group), Dr. Umaru Kwairanga, has congratulated the management, employees, and shareholders of HBM…
NCC, CAC impose new rules on major telecom ownership transfers

NCC, CAC impose new rules on major telecom ownership transfers

Nigeria’s telecommunications regulator and the country’s company registration authority have jointly introduced a rule requiring telecom firms to obtain prior…
Naira stability fragile, exchange rate equilibrium not yet reached

Naira stability fragile, exchange rate equilibrium not yet reached

A financial and strategic management expert, Mrs. Ololade Adesola, says while recent improvements in economic fundamentals have stabilised the naira,…
Otedola grows First HoldCo stake to 20.42% via private placement

Otedola grows First HoldCo stake to 20.42% via private placement

Billionaire investor Femi Otedola has further consolidated his grip on First HoldCo Plc, the parent company of First Bank of…
Tinubu names Kunle Elebute as FRCN board chairman

Tinubu names Kunle Elebute as FRCN board chairman

President Bola Ahmed Tinubu has appointed Mr. Kunle Elebute as Chairman of the Governing Board of the Financial Reporting Council…
NNPC moves to earn public trust through transparency and reforms

NNPC moves to earn public trust through transparency and reforms

The Group Chief Executive Officer of NNPC Limited has reaffirmed the company’s commitment to transparency, accountability, and commercial discipline, signalling…
Nigerian SMEs harness digital payments to drive business growth

Nigerian SMEs harness digital payments to drive business growth

The Country Manager, West Africa, Mastercard, Mrs. Folasade Femi-Lawal, says Nigerian Small and Medium-scale Enterprises (SMEs) are driving growth through…
Nigeria wheat expansion falters as AfDB funds sit undisbursed

Nigeria wheat expansion falters as AfDB funds sit undisbursed

Nigeria’s drive to expand domestic wheat production has hit a significant setback after $134 million approved by the African Development…
Dangote Refinery seeks $1bn in private placement at $39.1bn valuation

Dangote Refinery seeks $1bn in private placement at $39.1bn valuation

Dangote Petroleum Refinery is seeking to raise $1 billion through a private placement, offering 3 billion ordinary shares at approximately…
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