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Category: Business

Business Economy

CBN petitioned to sanction Polaris Bank for withholding customer’s N868 million loan

Iheanyi Ejiofor October 15, 2025 No Comments #CBN #Polaris bank

Lawyer, Chukwuma-Machukwu Ume, has called on the Central Bank of Nigeria to sanction Polaris Bank for withholding a loan facility of N868 million belonging to his client, Kenchez Nigeria Limited.…

Read More CBN petitioned to sanction Polaris Bank for withholding customer’s N868 million loan
Business Economy headline

Cooking Gas: FG orders NMDPRA to step up depot monitoring over price surge

Iheanyi Ejiofor October 14, 2025 No Comments #NMDPRA #cooking gas #price surge

The federal government has mandated the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to intensify Liquefied Petroleum Gas (LPG) depot monitoring to prevent product hoarding following its recent price…

Read More Cooking Gas: FG orders NMDPRA to step up depot monitoring over price surge
Business Economy headline

NNPC increases petrol price nationwide

Iheanyi Ejiofor October 14, 2025 No Comments #NNPC #Petrol price

The Nigerian National Petroleum Company (NNPC) Limited has increased petrol price to N992 per litre in Lagos, and N955 per litre in Abuja. The new price has taken effect across several NNPC…

Read More NNPC increases petrol price nationwide
Business Economy headline

Zenith Bank pays N51.3bn interim dividend, cements position as a top dividend-paying bank

Iheanyi Ejiofor October 13, 2025 No Comments #Zenith Bank #interim dividend

Zenith Bank Plc, on Friday, October 10, 2025, made good on its promise as it paid a total interim dividend of N51.3 billion to its shareholders for the Half Year…

Read More Zenith Bank pays N51.3bn interim dividend, cements position as a top dividend-paying bank
Business Economy headline

Dangote Cement commissions 100 Billion CFA Francs Cement Plant in Côte d’Ivoire 

Iheanyi Ejiofor October 13, 2025 No Comments #Dangote cement

Dangote Cement, a subsidiary of the Nigerian conglomerate founded by Aliko Dangote, has officially launched operations at its new cement plant in Attingué, in Côte d’Ivoire, approximately 30 kilometers from Abidjan.…

Read More Dangote Cement commissions 100 Billion CFA Francs Cement Plant in Côte d’Ivoire 

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