Business & Economy

Business & Economy

Mastercard opens its global settlement network to stablecoins

Plu Team -
Mastercard is expanding its settlement infrastructure to support regulated stablecoins alongside traditional fiat currencies,...
Business & Economy

Legend entered Spectranet merger after revenue slump, result shows

Plu Team -
Legend Internet Plc entered its planned merger with broadband provider Spectranet Limited after a...
Business & Economy

SoftBank dethrones Toyota as Japan’s most valuable company

Ubong Ekott -
For decades, Toyota Motor was the undisputed crown jewel of Japanese capitalism — a...
Business & Economy

Tinubu lists achievements after 3 years, but Nigerians see only hardship

Plu Team -
President Bola Ahmed Tinubu marked three years in office on Friday with a detailed...
Business & Economy

BUA Foods proposes ₦28 dividend ahead of July AGM

Plu Team -
BUA Foods Plc has proposed a dividend payout of ₦28 per share to shareholders...
Business & Economy

Elumelu formally joins Seplat board after $500m share deal

Plu Team -
Shareholders of Seplat Energy Plc have formally confirmed the appointment of Tony Elumelu as a non-executive director at...
Business & Economy

Dangote announces September date for refinery IPO

Plu Team -
Aliko Dangote has announced that the initial public offering (IPO) of Dangote Refinery is...
Business & Economy

Nigeria got S&P credit upgrade. Here is what it actually means for you

Ubong Ekott -
On Friday, S&P Global joined Fitch and Moody's in raising Nigeria's credit rating. Politicians...
Business & Economy

S&P joins Fitch and Moody’s in upgrading Nigeria’s credit rating

Eric Ojo -
Nigeria has secured a credit rating upgrade from S&P Global, the third major ratings...
Business & Economy

How foreign buyers are draining Nigeria’s mineral wealth

Plu Team -
Nigeria is hemorrhaging mineral revenues through a network of foreign buyers, shell companies, corrupt...
Business & Economy

PenCom waives rule to allow pension fund investment in Dangote Refinery IPO

Anietie Umoren -
Nigeria’s pension regulator has granted pension fund administrators special approval to invest in the...
Business & Economy

Dangote renews legal battle over fuel import licences

Plu Team -
Dangote Petroleum Refinery has filed a fresh lawsuit challenging fuel import licences issued to...
Business & Economy

Dangote rejects NNPC bid for bigger stake in refinery

Plu Team -
Africa’s richest businessman, Aliko Dangote, says the Nigerian National Petroleum Company Limited sought to...
Business & Economy

IHS loses thousands of tenants in Nigeria as 9mobile exits

Plu Team -
Nigeria’s largest telecom tower market is showing fresh signs of stress after IHS Holding...
Business & Economy

Cadbury Nigeria appoints new managing director

Plu Team -
Cadbury Nigeria Plc has appointed Ayman Hussein F. Gaafar, also known as Ayman Fahmy,...
Business & Economy

Zichis CEO sells ₦183 million shares after over 2,000% stock surge

Plu Team -
The managing director and chief executive officer of Zichis Agro Allied Industries Plc, Anthonia...
Business & Economy

Dangote targets up to $50bn valuation for refinery IPO

Plu Team -
Aliko Dangote is seeking a valuation of up to $50 billion for his flagship...
Business & Economy

After refining fuel, Dangote sets sights on Nigeria’s power crisis

Plu Team -
After shaking up Nigeria’s fuel market with the launch of Africa’s largest refinery, billionaire...
Business & Economy

NNPC signs new refinery repair deal after billions spent with no success

Plu Team -
After years and billions of dollars spent trying to revive Nigeria’s dormant refineries, the...
Environment

Greenpeace sues JBS over $2.5bn Nigeria meat project, citing climate risks

Ubong Ekott -
Environmental group Greenpeace Netherlands has initiated legal action against global meat giant JBS, targeting...
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