Transcorp appoints two new CEOs after increasing Abuja electricity stake
Transnational Corporation Plc or Transcorp has appointed two chief executives for its power units after increasing its stake in the Abuja Electricity Distribution Company...
Tinubu govt to sell stakes in 20 state-run companies
The Nigerian government is planning to sell stakes in about 20 state-owned companies in a bid to raise funds and improve governance in those...
Exclusive: World Bank denies Uganda bias, explains gay law decision
The World Bank has denied bias in its decision to halt further lending to Uganda over the country’s anti-LGBTQ law.
Last week, the lender announced...
Petrol going to N720 a litre as naira suffers, marketers say
The retail price of petrol in Nigeria is bound to rise to between N680 and N720 a litre in the coming weeks if the...
Nigeria dollar bonds fall after CBN report reveals Goldman Sach, JP Morgan loans
The Central Bank of Nigeria released its financial report on Friday for the first time in seven years, revealing it took hefty loans from...