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Aliko Dangote, the President of Dangote Group, who was ranked Africa’s richest man in the 2019 Forbes Africa’s billionaires list, has remained consistently ahead of the pack for the eighth consecutive year, with a current net worth of $10.3 billion.
“The proposed merger would involve Access Bank acquiring the entire issued share capital of Diamond Bank in exchange for a combination of cash and shares in Access Bank via a Scheme of Merger,” the disclosure, sent to the Nigeria Stock Exchange, said.
President Muhammadu Buhari has given consent for the renewal of three Oil Mining Licences (OMLs) belonging to oil and gas firm, Seplat Petroleum Development Company Plc.
The Bureau of Public Enterprises (BPE) has facilitated the first Initial Public Offer (IPO) in four years with the public offering of Skyway Aviation Handling Company (SAHCO) Plc for the sale of 406,074,000 ordinary shares. The public offer opens on Monday, November 12, 2018 and closes on Wednesday, December 19, 2018.
The Nigeria Stock Exchange (NSE) on Wednesday lifted the suspension placed on trading in the shares of Standard Alliance Insurance Plc over non-submission of accounts.
The Federal Government’s economic reforms to attract investments in 2017 and the first quarter of 2018 is said to yield over 83.9 billion dollars.
An Abuja-based investigator of the Economic and Financial Crimes Commission (EFCC), Abubakar Aliu Madaki, has told Justice Mohammed Idris of a Federal High Court in Lagos that enquiries into the sale of shares belonging to Oyo State Government in 2007 are ongoing.
Mrs Zaheera Baba-Ari, the Managing Director, Nigeria Commodity Exchange (NCX), has solicited for “the right policy initiatives” aimed at boosting the country’s non-oil export earnings.
For at least the next three years, popular candy TomTom will play the role of ‘Official Candy of the Super Eagles,’ following a contract agreement publicly presented by chieftains of the Nigeria Football Federation and Cadbury Nigeria PLC in Lagos on Friday.
Seplat Petroleum Development Company Plc, a Nigerian indigenous oil and gas company, listed on both the Nigeria Stock Exchange and London Stock Exchange, has announced that it has successfully refinanced its existing US$300 million revolving credit facility due December 2018 with a new four year US$300 million revolving credit facility due June 2022.
The Muslim Rights Concern (MURIC) on Monday hailed President Muhammadu Buhari’s achievements in the war against corruption and in the agricultural sector.
The Senate of the Federal Republic of Nigeria has expressed great concern over the widespread usage of Bitcoin, a form of Cryptocurrency and other ponzi schemes across the country.
The Ministry of Mines and Steel Development says its aspiration is to build a world class minerals and mining ecosystem to target domestic and export market for minerals and ores.
The Nigerian stock market has continue to react to the positive market fundamentals and improving macroeconomic outlook since the beginning of the year 2018.
I am glad to be speaking under the chairmanship of my friend and one of our country’s most outstanding and cerebral diplomats, Prof Ibrahim Gambari.
The Anambra State chairman of Peoples Democratic Party, PDP, Presidential Campaign Council, Mr Oseloka Obaze, yesterday reminded the South-East governors that they stood the risk of losing their re-election if President Muhammadu Buhari wins on February 16.
The Coalition of Buhari/Osinbajo Movement (COBOM) says President Muhammadu Buhari deserves re-election because his administration is doing more with less resources.
Kayode Opeifa, Secretary, Transportation Secretariat of the Federal Capital Territory Administration (FCTA) on Thursday said work has commenced at the four locations earmarked for new pedestrian bridges in the Federal Capital Territory (FCT).
An eyewitness who fled from the crisis along with several others told newsmen that several houses were burnt.
Speaker of the House of Representatives, Yakubu Dogara, has raised an alarm over the fate of the general elections.
Kwara United Technical Adviser, Abubakar Bala, believes his players are well prepared for the abridge league format of the Nigeria Professional Football League starting from Sunday’s game against Sunshine Stars at the Kwara Sports Stadium, Ilorin.
Presidential candidate of Allied Congress Party of Nigeria (ACPN), Dr Obiageli Ezekwesili, on Monday said she would give a new direction to the country and put it on the path of progress, if elected.
The Kano State House of Assembly says it is ready to amend the state administration of criminal justice law to prevent suspects from being prosecuted and sentenced from alleged confessional statements.
Super Eagles’ technical adviser Gernot Rohr has insisted on making Arsenal star Alex Iwobi his first choice playmaker for the Eagles for the forthcoming Africa Cup of Nations.
A forum of religious leaders and traditional rulers has urged pastors and Imams to shun partisanship as the nation approaches the general elections.