CBN orders bank directors with bad loans to resign
The Central Bank of Nigeria has ordered bank directors with non-performing insider-related loans to step…
All Posts in "Business"
ExxonMobil, Chevron Pioneer Behind-the-Meter Power Solutions for Data Centers
The Energy Giants’ Decarbonization Play As artificial intelligence and industrial electrification drive unprecedented electricity demand,…
Aviation Insurance: The Lifeline for Airlines in Risk Management and Sustainable Operations
In the highly regulated and capital-intensive aviation industry, risk management is crucial for airlines to…
Dangote Group Ends Contract with Fitch Ratings Amidst Downgrade and Financial Uncertainty
In a significant development, Dangote Group has officially ended its contract with Fitch Ratings, following…
Nigerian Breweries Posts NGN144.88 Billion Loss in 2024FY as Cost Pressures and FX Challenges Persist on NGX
The Managing Director, of the Nigerian Breweries plc, Mr. Hans Essadi, On Friday, February 14,…
Tariff hike: Average call costs N13.80 per minute
MTN Nigeria, Glo and Airtel have raised their end user tariff in line with the…
IMF: banks’ profit not hurt by inflation, rate hike
International Monetary Fund (IMF) has said the banking systems and profitability are largely insulated from…
NMDPRA Grants Falcon 25-Years Gas Distribution License
The Nigerian Midstream Downstream Petroleum Regulatory Agency (NMDPRA) has granted Falcon Corporation Limited, a 25-year…
“MAN Highlights Persistent Headwinds in Manufacturing Sector Amidst Macroeconomic Challenges”
The Manufacturing Confidence and Conditions Index (MCCI) for Q4 2024 revealed a modest yet notable…
“Blue Economy Academy to Unlock Untapped Wealth of Nigerian Waters, Says Ubong Essien”
In a groundbreaking revelation, Mr. Ubong Essien, founder of the newly launched Blue Economy Academy,…