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Quest Electric pays N19bn for Yola DisCo, plans N28bn investment in two years

    Quest Electric pays N19bn for Yola DisCo, plans N28bn investment in two years

The Bureau of Public Enterprise (BPE) has signed a share sale and purchase agreement (SSPA) with Quest Electricity Nigeria, the new investor in Yola Electricity Distribution Company (DisCo). This followed

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AMCON: We’ve recovered N1.48trn from bank debtors

    AMCON: We’ve recovered N1.48trn from bank debtors

The Asset Management Corporation of Nigeria (AMCON) says it has recovered N1.48 trillion out of the N4.158 trillion from bank debtors. Ahmed Kuru, AMCON managing director, announced this during the

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Lagos seals 16 firms over ‘tax evasion’

    Lagos seals 16 firms over ‘tax evasion’

The Lagos state Internal Revenue Service (LIRS) has sealed 16 corporate organisations and hospitality firms over unpaid consumption taxes between 2013 and 2020. Seyi Alade, LIRS legal services director, said

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Buhari: My commitment to lift 100m Nigerians out of poverty is realisable

    Buhari: My commitment to lift 100m Nigerians out of poverty is realisable

President Muhammadu Buhari says his commitment to lift 100 million Nigerians out of poverty is realisable with more synergy between the government and the people. Last month, Buhari had set

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Oando enters settlement with SEC, agrees to withdraw all court cases

    Oando enters settlement with SEC, agrees to withdraw all court cases

Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the

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Airtel Nigeria clarifies renewal of licence

    Airtel Nigeria clarifies renewal of licence

During the launch of our flagship corporate social responsibility program titled Airtel Touching Lives, last week, a contrast was drawn between operating license and social license. 

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CBN restricts sugar importation to Flour Mills, Dangote, BUA

    CBN restricts sugar importation to Flour Mills, Dangote, BUA

The Central Bank of Nigeria (CBN) has restricted the importation of sugar to three companies due to their backward integration

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Instagram for customer support, Facebook for wider reach… businesses adopt alternatives amid Twitter ban

    Instagram for customer support, Facebook for wider reach… businesses adopt alternatives amid Twitter ban

As Nigerians settled into the evening of June 4, 2021, the federal government announced the suspension of Twitter, a microblogging

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Family Homes Funds issues N10bn bond — Nigeria’s first corporate Sukuk

    Family Homes Funds issues N10bn bond — Nigeria’s first corporate Sukuk

The Family Homes Funds Limited has issued a seven-year N10 billion corporate Sukuk, the first ever in the country.  This

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Alakija: It’s painful when people attribute acquisition of my oil block to Maryam Babangida

    Alakija: It’s painful when people attribute acquisition of my oil block to Maryam Babangida

Folorunsho Alakija, the vice-chairman of Famfa Oil, says it is very painful when people attribute her acquisition of an oil

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