Mutual Benefits Opens N2bn Rights Issue Mutual Benefits Assurance Plc has opened its rights offering to raise N2bn, following the approval by its shareholders. The firm...
SEC Extends Multiple Subscription Deadline to December 31 The Acting Director-General, Securities and Exchange Commission, Ms Mary Uduk, has said the Capital Market Committee, in a...
Lagos Light Rail to Begin Operation in 2022 The Lagos State Government has announced that its light rail project running between Mile 2 and Marina will...
Nigerian Banks’ll Collapse if Power Firms Fail – Discos Most Nigerian banks will collapse if power generation and distribution companies fail, electricity distributors have warned. They...
N’Assembly to Establish NEITI Forum A parliamentary group on Extractive Industries Transparency Initiative is to be established by the National Assembly, the Nigeria Extractive Industries Transparency...
Egina Success, Celebration of Local Content — Osinbajo The Acting President, Prof. Yemi Osinbajo, has described the successful anchor of the $16bn Egina Floating Production, Storage...
FG Wants Innovative Funding for Satellites Acquisition The Minister of Communications, Mr Adebayo Shittu, says the Federal Government is searching for an innovative way to fund...
Insurance Critical to FG’s Development Initiatives —Minister The Minister of Finance, Mrs Kemi Adeosun, has said Nigeria needs to build a solid financial plan for the...
Nigeria’s Foreign Commercial Loans Rise to $8.8bn Nigeria’s exposure to commercial loans has risen by 486.67 per cent in the last three years as the loans...
Banks Review Foreign Currency Holdings Commercial banks are revaluing their foreign currency holdings and paying off debts ahead of timeline as dollar liquidity improves. The improvement...