JUST IN: First HoldCo denies Otedola, FG involvement in N323.4bn share sale
First HoldCo Plc has officially denied speculation surrounding its chairman, Mr. Femi Otedola, in relation…
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MPC Faces Crucial Decision Amid Falling Inflation and Stable FX Rates
With two consecutive declines in Nigeria’s inflation rate and growing stability in the foreign exchange…
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Mayor of London Leads 27 UK Firms to Explore Investment Opportunities in Nigeria
Approximately 27 London-based companies operating across fintech, enterprise technology, and sustainability sectors visited Nigeria this…
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Stock Market
Cement Stocks Propel Nigerian Exchange Market Cap by N833bn
The Nigerian Exchange Limited witnessed a significant boost on Thursday, driven primarily by a rally…
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Otedola Linked to N323.4bn Block Deal as First HoldCo Share Ownership Shifts
Speculation is mounting over billionaire investor and current chairman of First HoldCo, Femi Otedola, and…
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Power Subsidy Soars as FG Faces Mounting Electricity Sector Debt
36 Governors Oppose Electricity Act Amendment Amid Soaring Subsidies The Federal Government’s electricity tariff subsidy…
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FG Targets N23.2tn GDP with Value-Addition Bill to Curtail Raw Material Exports
As Nigeria's Gross Domestic Product averaged ₦19.83tn in 2024, the Federal Government is pushing forward…
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Terminal operator empowers 500 people in host community
The West Africa Container Terminal (WACT), a subsidiary of APM Terminals Nigeria, has marked a…
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Deaths, injuries mar DisCos’ Q1 operations – NERC
NERC Reports 12 Deaths, 14 Injuries in Q1 2025 Power-Related Accidents Twelve people lost their…
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UBA offers 3.15 billion new shares in N157bn rights issue
United Bank for Africa Plc (UBA) has announced plans to raise more than N157 billion…