Business

EFCC Secures Forfeiture of ₦8.97 Billion Assets, $50,000 Linked to Achimugu

EFCC Secures Forfeiture of ₦8.97 Billion Assets, $50,000 Linked to Achimugu

The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of jewellery, luxury vehicles and cash linked to…
Nigeria Targets ₦1.35 Trillion Net Liquidity Withdrawal Through July Treasury Bill Auctions

Nigeria Targets ₦1.35 Trillion Net Liquidity Withdrawal Through July Treasury Bill Auctions

Nigeria is preparing to remove approximately ₦1.35 trillion from the financial system in July through a Treasury Bill programme that…
Dangote Begins Plans for Deep-Sea Port at Olokola Free Trade Zone

Dangote Begins Plans for Deep-Sea Port at Olokola Free Trade Zone

Dangote Industries Limited has commenced early-stage activities for the development of a large-scale deep-sea port within the Olokola Free Trade…
Aliko Dangote Raises Ethiopia Fertiliser Investment to Over $4 Billion

Aliko Dangote Raises Ethiopia Fertiliser Investment to Over $4 Billion

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
Nigeria Grants Shell $11.50-a-Barrel Tax Credit to Unlock $20 Billion Bonga Investment

Nigeria Grants Shell $11.50-a-Barrel Tax Credit to Unlock $20 Billion Bonga Investment

Nigeria is offering Shell and its partners a production-linked tax credit of $11.50 for every barrel expected from the proposed…
FG Invests $75 Million in Flutterwave to Support Planned $250 Million IPO

FG Invests $75 Million in Flutterwave to Support Planned $250 Million IPO

The Federal Government has approved a $75 million equity investment in Flutterwave as part of efforts to support the company’s…
UAC Nigeria Appoints Adebolanle Badejo to UPDC Board

UAC Nigeria Appoints Adebolanle Badejo to UPDC Board

UAC of Nigeria Plc has appointed its Group Investment Director, Adebolanle Badejo, to the board of UPDC Plc as part…
Dangote Refinery Moves Local Fuel Pricing to Dollars as Crude Supply Falls Short

Dangote Refinery Moves Local Fuel Pricing to Dollars as Crude Supply Falls Short

Nigeria’s downstream petroleum market is facing renewed foreign-exchange pressure after the Dangote Petroleum Refinery introduced dollar-denominated prices for petrol, diesel…
Nigeria’s Online Gambling Market amid Rising Mobile Adoption

Nigeria’s Online Gambling Market amid Rising Mobile Adoption

Nigeria’s online gambling market is gaining momentum as rising mobile adoption and expanding digital payment infrastructure reshape user behaviour and…
Federal High Court Orders Final Forfeiture of 48 Properties Linked to Malami

Federal High Court Orders Final Forfeiture of 48 Properties Linked to Malami

The Federal High Court in Abuja has ordered the permanent forfeiture of 48 properties linked to former Attorney-General of the…
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