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Business News
Femi Otedola Boosts First Bank Holdings Stake with N12 Billion Share Purchase
Nigerian billionaire, Femi Otedola has expanded his investment in FBN Holdings by purchasing 546,674,034 units of shares valued at N12.01…
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Business News
CBN Hits Record N1.3 Trillion Treasury Bill Sale Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) successfully sold N1.3 trillion worth of treasury bills on Wednesday, March 6, 2024, at a very high rat…
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Business News
Dangote Group Repays $2.4 Billion of Refinery Loan, Battles Powerful Oil Cartels
Aliko Dangote, Chairman of Dangote Group, announced that the company has repaid $2.4 billion of the $5.5 billion loan taken for construct…
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Business News
Cadbury,Nestlé Takes Lead in Rising Borrowing Costs for Manufacturers
Cadbury Nigeria Plc, Nestlé Nigeria Plc, and Lafarge Africa Plc experienced the most significant surge in borrowing costs, or finance cos…
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Business News
How Cosmas Maduka's Protege Builds Million-Dollar Stanel Group
At exactly 39, Stanley Uzochukwu epitomizes Nigerian success, philanthropy, and entrepreneurship. Rising from modest beginnings, he …
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