Femi Otedola sells his stake in Geregu Power in $750 million deal
Billionaire investor Femi Otedola has exited Geregu Power Plc in a landmark $750 million transaction that sees him divest...
Business & Brand
Lagos – Calabar Coastal Highway Gets $1.2 Billion UAE-Backed Loan
The Federal Government has secured about $1.2 billion in financing from the United Arab Emirates to advance construction of...
Lagos Slashes Taxes from 65 to 9 by 2026, Scraps Bike, Truck, Canoe Levies
The Lagos State Government has announced plans to introduce new levies covering bicycles, wheelbarrows, canoes, carts, trucks and several...
How to invest in Nigeria based on your goals
by Kalu Aja The most common question investors have is, “I have spare change, what should I buy?”...
Nigerian Banks flood CBN with N3.7 trillion excess cash on Christmas Eve
Nigerian commercial banks deposited a staggering N3.7 trillion into the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF)...
Fidson Healthcare announces N21 billion rights issue
Fidson Healthcare Plc, one of Nigeria’s leading pharmaceutical manufacturers, has launched a N21 billion Rights Issue, offering 600,000,000 Ordinary...
FIRS says NIN is now automatically Tax ID for Nigerians
The Federal Inland Revenue Service (FIRS) has declared that the National Identification Number issued by the National Identity Management...
Oyedele Declares Controversial Tax Documents in Circulation Fake
Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, yesterday declared the controversial tax regulations currently in...
Recapitalisation: Access Holdings’ Shareholders Approve N40bn Private Placement
Access Holdings Plc has secured shareholder approval to raise N40 billion in fresh equity capital through a private placement. ...
Reforms boosted Investors’ confidence as Transaction on NGX Crosses Historic N10.54trn in 11 Months
Foreign and domestic investors’ transactions on the Nigerian Exchange Limited (NGX) crossed an historic N10.54 trillion in 11 months...
