The U.S. District Court for the Southern District of New York fined Mmobuosi Odogwu Banye, also known as Dozy Mmobuosi, $250 million together with three U.S.-based companies, including Tingo Group…
Read More U.S. court fines Mmobuosi $250m, bans Tingo from trading
Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2024, recording an impressive triple-digit growth of 117% in gross earnings from N967.3 billion reported in…
Read More Zenith Bank wins investor confidence in ongoing rights issue and public offer with N1.00 interim dividend
Our reporter/ The Nigerian National Petroleum Corporation (NNPC) for the first on Sunday admitted that the debts owed international oil traders is responsible for the ongoing fuel scarcity across the…
Read More NNPC confirms debts owed to oil traders responsible for fuel scarcity
The Central Bank of Nigeria (CBN) has terminated the appointments of the board and executive directors of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). The development was…
Read More CBN sacks NIRSAL MD, directors
British energy giant Shell plans to cut hundreds of jobs from its oil and gas exploration division as part of a cost-cutting program announced last year, a person familiar with…
Read More Shell to cut hundreds of jobs