Femi Otedola has expanded his stake in FBN Holdings to 13.15%, widening his lead over Barbican Capital’s shareholding.

Osun State Government has launched a probe into Segilola Gold Project for alleged tax evasion, pollution and shareholding irregularities.

OpenAI has transitioned into for-profit structure with CEO gaining equity, impacting AI risk management and governance.

Shettima has welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s deep-water oil operations as clear testament to Nigeria’s investment-friendly policies.

The CBN is set to sell $20,000 to eligible BDC operators at N1,590/$ to meet demand for invisible transactions

Nigeria’s government will continue to bolster the naira against dollar which is part of the amendment to Economic Stabilisation Bill.

Olusegun Alebiosu says access to finance is crucial for eradicating poverty and promoting economic development, especially in remote areas.

Excelsior Shipping has received SEC approval to acquire FMN’s minority shares, offering N70 per share to minority investors.

Microsoft and Amazon have turned to nuclear power for clean energy, despite regulatory hurdles and public skepticism over safety concerns.

NBS has reported that Nigeria’s unemployment rate rose to 5.3% in Q1 2024, compared to 5% in the previous quarter.

Speaking to journalists, Festus Osifo provided a detailed analysis of how naira devaluation has driven up the cost of petrol.

The CBN’s decision to raise interest rates has been met with criticism from the CPPE, who argued that it will harm businesses.

US Attorney General Merrick Garland alleges Visa unlawfully amassed power to extract excessive fees beyond competitive market rates.

The Central Bank of Nigeria has raised interest rates by 50bps from 26.75% to 27.25%.

Petrol subsidy in Nigeria is not sustainable, even the government cannot afford it, Aliko Dangote said in a Bloomberg interview.

Dangote has criticised NNPC’s reduced stake in the refinery, calling the decision a huge mistake during a recent interview.

Mercedes cars are set to operate at Level 3 autonomy, allowing hands-free driving with conditions.

CBN’s MPC meeting is set to review economic conditions, with high inflation and Naira vulnerability dominating discussions.

Akwa Ibom Governor Eno has emphasised the need for investors and FG partnership to move the Ibom seaport project forward.

The Nigerian National Petroleum Company Limited (NNPC) has resumed discussions with investors towards bringing back two long-abandoned Liquefied Natural Gas (LNG) projects -Brass and Olokola LNG projects with a total