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Category: Economy

Business Economy

Dangote Cement: Pan-African revenue for half-year grows by 139.9%

Iheanyi Ejiofor August 6, 2024 No Comments #Cement#Dangote

Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote Cement indicates an increase in revenue from Pan-African operations by…

Read More Dangote Cement: Pan-African revenue for half-year grows by 139.9%
Business Economy headline

Court halts sale of Nigeria Air to Ethiopian airlines

Iheanyi Ejiofor August 5, 2024 No Comments #Airline operators#Ambrose Lewis-Allagoa#Court#Ethiopiar Airline#Nigeria air#Sale

The Federal High Court in Lagos on Monday declared null and void the sale of Nigeria Air Ltd to Ethiopian Airlines. Justice Ambrose Lewis-Allagoa in his judgment stopping the sale,…

Read More Court halts sale of Nigeria Air to Ethiopian airlines
Business Economy Op-Ed

NNPC Ltd: An All-round Asset to Nigeria

Iheanyi Ejiofor August 4, 2024 No Comments #NNPC#Olufemi SoneyeMele Kyari

By Olufemi Soneye In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian National Petroleum Company Limited (NNPC Ltd). In…

Read More NNPC Ltd: An All-round Asset to Nigeria
Business Economy headline

FCCPC slams Coca-Cola, NBC over fraudulent product labelling

Iheanyi Ejiofor August 2, 2024 No Comments #Coca-Cola#FCCP#fraudlent#NBC#Product labelling

The Federal Competition and Consumer Protection Commission (FCCPC) has issued its final regulatory order on Coca-Cola and the Nigerian Bottling Company (NBC) Ltd. A statement by FCCPC on Thursday said…

Read More FCCPC slams Coca-Cola, NBC over fraudulent product labelling
Business Economy headline

Zenith Bank finalises plans for N290 billion rights issue and public offer

Iheanyi Ejiofor July 30, 2024 No Comments #Public offer#Rights Issue#Zenith Bank

Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised minimum capital requirements for Nigerian…

Read More Zenith Bank finalises plans for N290 billion rights issue and public offer

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