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Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Nigeria’s Steel Revival: FG Secures N35bn Funding for Ajaokuta Mill

  Nigeria’s quest to revive its steel industry has received a major boost as the...
Business

MTN Nigeria Plans to Raise N72.1 Billion in Commercial Paper Series 10

MTN Nigeria, the leading telecommunications company in the country, has announced its intention to...
Business

How African Startups’ Failures Shook Investor Confidence In The Tech Ecosystem

The African tech ecosystem has been hit by a wave of failures and scandals...
Culture

Nigerian Embassies Face Financial Strain Due to Federal Government’s Funding Delays

Nigeria's foreign missions worldwide are confronting severe financial constraints, exacerbated by the Federal Government's...
Business

Nigeria Aims to Boost Startup Ecosystem with $5 Billion Target

Nigeria, Africa’s largest economy, has set an ambitious goal to help its startups raise...

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News

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
Business

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Business

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.
News

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.