The Central Bank of Nigeria has announced a fine of ₦150 million on Deposit Money Banks found guilty of giving out illegal flow of mint naira notes to currency hawkers…
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Category: Economy
First Bank denies fraud allegations
Our reporter/ First Bank Nigeria Ltd on Friday evening in a terse statement denied allegations of fraud levelled against it by an online publication [ Not Alabingo.com]. According to the…
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Seplat Energy completes acquisition of MPNU from ExxonMobil
Our reporter/ Seplat Energy Plc has announced that it has completed its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. The company described the transaction as transformative, more than…
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Tinubu to present 2025 Budget Tuesday
Our reporter/ President Bola Tinubu will present the 2025 budget to the joint assembly of the National Assembly next Tuesday, December 17. Senate President, Godswill Akpabio, who made the disclosure…
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Dangote refinery exports PMS to Cameroon
Dangote Refinery, Neptune Oil Announce their first export transaction of Refined Products to Cameroon In a landmark move for regional energy integration, Dangote Refinery and Neptune Oil jointly announced the…
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