The Minister of Aviation and Aerospace Development, Festus Keyamo, has ordered the grounding of Arik Air’s operations. Although an official statement has not been issued to...
Yesterday, the Naira appreciated to N1,580 per dollar in the parallel market, down from N1,610 per dollar last Friday. However, in the Nigerian Autonomous Foreign Exchange...
The National Industrial Court in Lagos has ordered Ecobank Nigeria Limited to pay 1,742 to former employees of Oceanic Bank a total of N1,086,611,589.11. After Oceanic...
On Friday, the Naira depreciated to N1,610 per dollar in the parallel market, down from N1,580 per dollar the previous day. In the Nigerian Autonomous Foreign...
The Dangote Petroleum Refinery, Nigeria’s largest, is reselling crude oil cargoes from the United States and Nigeria due to technical challenges at the plant. Despite beginning...
The Corporate Affairs Commission (CAC) has announced a 90-day ultimatum for dormant companies to submit their overdue annual returns or risk being delisted from its registry....
Justice Olumuyiwa Martins of a Lagos High Court has awarded N75 million in damages against Sterling Bank Plc for breaching a non-disclosure and non-circumvention agreement with...
President Brice Oligui Nguema of Gabon has extended an invitation to Africa’s richest man, Aliko Dangote, urging him to consider investment opportunities in Gabon. Specifically, Dangote...
The Nigerian Naira experienced mixed changes in the foreign exchange markets yesterday. In the parallel market, the Naira strengthened to N1,565 per dollar, up from N1,585...
American financial technology company, Mercury, has announced its intention to terminate the accounts of businesses based in several countries, including Nigeria, starting from August 22, 2024....
