Finance

FG Opens Investigation Into Ikorodu-Sagamu 100MW Power Gap Amid N120bn Loss

The Federal Government is investigating a 100MW electricity discrepancy along the Ikorodu-Sagamu corridor after monitoring systems revealed an estimated N120bn…

2 days ago

Otedola’s N273.6bn First HoldCo Buying Spree Puts 30% Threshold in Sight

Billionaire businessman Femi Otedola has raised his stake in First HoldCo Plc to 27.70 per cent after spending N273.59bn on…

3 days ago

Kaduna’s N6.7bn Monthly Debt Repayment to Continue Until 2048 – Uba Sani

Governor Uba Sani says Kaduna has taken no new loans since he assumed office, even as the state pays N6.7bn…

5 days ago

Dangote Cement Moves to Buy Ships as Nigeria’s Export Logistics Come Under Pressure

LAGOS — Dangote Cement is considering buying its own ships after encountering difficulties securing vessels to transport cement from Nigeria…

7 days ago

Shell’s US Chemical Assets Draw Exxon, LyondellBasell and Other Potential Buyers

A group of major energy and investment companies is weighing a potential acquisition of Shell’s US chemicals operations in a…

1 week ago

US-Iran Tensions Deepen as Trump Unveils New Economic War on Tehran

Global oil markets are facing renewed uncertainty after US President Donald Trump threatened a sweeping economic campaign against Iran and…

1 week ago

Binance restricts transactions with 17 crypto platforms across Nigeria and other markets

Binance has warned its customers to avoid transactions involving 17 cryptocurrency platforms after introducing new restrictions linked to regulatory developments.…

1 week ago