Business
Abia Governor Commissions Reconstruction of Arochukwu Road Abandoned for Decades
Governor of Abia State, Alex Otti, has commissioned the reconstruction of the long-neglected 30-kilometer Arochukwu-Ndiokereke-Okobo-Ozuabam Road. Speaking at the flag-off ceremony held at...
Swiss National Bank Cuts Interest Rate by 0.25%
The Swiss National Bank (SNB) has, on Thursday, cut interest rates for the first time since June 2022, becoming the first major central...
Police Busts Fake Alcohol Factory in Lagos, Arrests Four
The Nigeria Police Force busted an illicit factory producing fake alcoholic beverages in Lagos State. According to Benjamin Hundeyin, spokesperson for the state...
SEC Rejects PZ Cussons’ Request to Buy Out Shareholders and Delist
The Securities and Exchange Commission (SEC) has halted PZ Cussons Nigeria’s attempt to acquire the company fully and take it private. This marks...
Access Holdings Set to Acquire National Bank of Kenya Ltd
Access Holdings, the parent company of Access Bank, has announced its plans to acquire the National Bank of Kenya Limited (NBK) from the...
Moove Secures $100M Led by Uber for Ride-Hailing
According to TechCrunch, car-financing startup Moove has raised $100 million in a Series B round reportedly led by Uber. This funding round brings...
Telegram Raises $330 Million Through Bond Sales, Eyes Profitability and Potential IPO
Telegram founder and CEO Pavel Durov announced today on his channel that the company successfully raised $330 million in investment through bond sales...
Pan African Towers Appoints Oladipo Badru as new Chief Financial Officer
Pan African Towers, a Nigerian digital infrastructure provider, has named Oladipo Badru its new Chief Financial Officer (CFO). The appointment follows recent investments...
Federal Court Orders Binance to Disclose Names and Details of its Nigerian Users to EFCC
A Federal High Court in Abuja has ordered Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with details regarding...
‘Market Cartels’ Responsible for Outrageous Cost of Sachet Water – FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has strongly criticised the significant rise in sachet water prices by various associations. Speaking at...
NMGS Urges FG to Stop Lip Service and Tap Mining Sector for Economic Growth
The Nigerian Mining and Geosciences Society (NMGS) has called on the government to harness the potential of the mining sector to engage young...
Nigerian Entrepreneurs Gather for Growth at DBNC 2024
Despite economic headwinds, Nigeria’s business community is gearing up for the 4th annual Doing Business in Nigeria Conference (DBNC) on April 13, 2024....