Business

Africa

United Capital ventures into East Africa, secure historic licenses in Ethiopia, Rwanda

Plu Team -
United Capital Plc, the prominent Nigerian financial services group backed by billionaire tycoon Tony...
Business & Economy

World’s largest meat firm JBS faces scrutiny over $2.5bn Nigeria deal

Anietie Umoren -
Global environmental group Greenpeace has raised fresh concerns over a planned multibillion-dollar investment by...
Business

UBA chief explains dividend pause as CBN rule forces ₦331bn hit

Plu Team -
United Bank for Africa has explained why it did not declare a final dividend...
Business

CBN increases ATM card replacement fee, scraps maintenance charge

Plu Team -
The Central Bank of Nigeria (CBN) has increased the fee for issuing or replacing...
Business

Tinubu seeks $516m loan for Sokoto-Badagry highway as Nigeria’s debt mounts

Plu Team -
President Bola Tinubu has asked the Senate to approve a fresh $516.3 million external...
Business

Nigeria stock exchange NGX extends daily trading time by two hours

Plu Team -
Nigeria’s main stock exchange is lengthening its trading day, in a shift aimed at...
Business

Nigeria’s rent crisis deepens with housing costs up over 500% in decade

Jane Kalu -
Over the past decade, Nigeria has experienced a steep and sustained rise in housing...
Business

Flutterwave denies reported $75m Nigerian govt investment

Plu Team -
Flutterwave has denied reports that it is set to receive a $75 million investment...
Business

Presidency removes post on $75m Flutterwave investment amid questions

Plu Team -
A social media post from the Nigerian presidency claiming a planned $75 million government...
Business

MTN Nigeria awards staff over 6 million shares worth about N5bn

Plu Team -
MTN Nigeria Communications Plc has awarded more than 6 million shares to employees under...
Business

Nigerian airlines suspend shutdown plan over fuel crisis

Plu Team -
Nigerian airlines have paused a planned nationwide shutdown of flight operations after government intervention,...
World

Oil plunges 11% as Iran opens Strait of Hormuz

Plu Team -
Oil prices tumbled sharply on Friday, falling about 11% after Iran signalled that shipping...
Business

Nigerian airlines warn of shutdown as jet fuel prices surge

Plu Team -
Nigerian airlines have threatened to suspend flight operations from Monday, April 20, if the...