CAC to Sanction Companies Over Incomplete Business Letters From August 1

Alfred Edafe
Jul 8, 2026
0

The Corporate Affairs Commission (CAC) has warned that it will begin cracking down on companies whose business letters fail to meet statutory disclosure...

Expert Says Lithium Processing Push Opens New Opportunities for Nigeria’s Mineral States

Victoria Ndulue
Jul 8, 2026
0

Nigeria’s shift toward processing lithium domestically rather than simply exporting raw ore stands to create new economic opportunities for mineral producing states across...

Alliance Urges Single-Digit Loans for Manufacturers, Commends BOI’s Impact-Driven Lending

News Xposure
Jul 8, 2026
0

The Alliance for Economic Research and Ethics Ltd/GTE has called for far-reaching policy reforms to revitalise Nigeria’s manufacturing sector, urging the Federal Government...

Oando’s Post Acquisition Year Pays Off: N204.8 Billion Profit, Production Up 32 Percent

Edem Godwin
Jul 7, 2026
0

The first full year running assets it acquired from Nigerian Agip Oil Company has been good to Oando Plc, which closed 2025 with...

Tony Elumelu to Retire as UBA Group Chairman, Emmanuel Nnorom Named Successor

Victoria Ndulue
Jul 6, 2026
0

United Bank for Africa (UBA) Plc has announced the retirement of its Group Chairman, Tony O. Elumelu, effective August 21, 2026, following the...

FG, World Bank Deepen Partnership on Safe Water, Food Security

Kenechukwu Okonkwo
Jul 6, 2026
0

The Federal Government has reaffirmed its commitment to strengthening collaboration with the World Bank to improve access to safe water and enhance food...

NESG Says Business Growth Slowed in June as Costs and Credit Pressure Persist

Emeka Chukwudumebi
Jul 5, 2026
0

Nigeria business environment remained in expansion in June 2026, but growth slowed as companies continued to face high operating costs, limited access to...

Cardoso Urges Banks to Channel Fresh Capital into Productive Sectors

Victoria Ndulue
Jul 4, 2026
0

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged Nigerian banks to deploy the fresh capital raised during the recently...

Dangote Cement Declares Record N753.8bn Dividend, Increases Payout to N45 Per Share

Emeka Chukwudumebi
Jul 3, 2026
0

Dangote Cement Plc has declared a record dividend of N753.8 billion for the 2025 financial year, representing a payout of N45 per ordinary...

Shell and Nine Nigerian Banks Launch $3 Billion Contract Finance Facility to Support Local Oil Service Firms

Kenechukwu Okonkwo
Jul 3, 2026
0

A new $3 billion Contract Finance Facility, launched by Shell Nigeria Exploration and Production Company in partnership with nine Nigerian banks, is designed...

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