Business
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Nigeria Among Top Three Investment Destinations in Sub-Saharan Africa, KPMG Reports
KPMG’s latest report, ‘Doing deals in sub-Saharan Africa 2024,’ has identified Nigeria as one of the top three destinations for…
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Dangote Refinery Cuts Petrol Price to N899, Offers Credit Purchase
Dangote Petroleum Refinery has reduced its Premium Motor Spirit (PMS) price to N899.50 per litre from N970, the second price…
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TikTok Appeals to Supreme Court to Block US Ban
TikTok has filed an emergency appeal to the US Supreme Court, seeking to block a law that would force its…
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Nigerian Senate Passes Insurance Reform Bill, Raises Minimum Capital Requirements
The Nigerian Senate has passed the Insurance Reform Bill 2024, proposing significant increases in minimum capital requirements for insurance companies…
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Shell Invests in Nigeria’s Bonga North Deep-Water Project
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has approved a final investment decision for the Bonga North deep-water project…
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Mobile Money to Bank: MTN Targets Banking Licence
MTN is preparing to acquire a banking licence once the South African Reserve Bank (SARB) opens its national payments system…
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Access Bank to Acquire Bidvest Bank in Major South African Expansion
Access Holdings Plc has announced a binding agreement to acquire a 100% equity stake in Bidvest Bank Limited, a strategic…
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Dangote Refinery Exports Petrol to Four African Countries
The Dangote refinery has started exporting Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in recent weeks,…
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CBN Slams N150 Million Fine on Banks Aiding Naira Currency Hawkers
The Central Bank of Nigeria (CBN) has escalated its battle against currency mismanagement, imposing a hefty N150 million fine on…
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Nigeria’s Digital Tax Net Set to Expand, Targeting N230 Billion in 2025
The Nigerian federal government is poised to increase digital tax revenue, projecting N230 billion in collections by 2025 through an…
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