The Abia government says it has started discussing with the Enugu Electricity Distribution Company (EEDC) how the government will get directly involved in distributing power in Umuahia, the state capital,…
Read More Abia partners EEDC, Geometric on Umuahia, Aba power supply
Canal+ Group, a French TV channel, has offered to buy all the shares in South Africa’s MultiChoice for $1.69 billion. According Reuters, Canal+, in a statement on Thursday, said it has…
Read More Canal+ offers to buy MultiChoice for $1.69bn
Our reporter/ The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves to stabilise…
Read More CBN orders banks to sell excess dollars
First Bank of Nigeria Holdings Plc has appointed Femi Otedola, as its new Chairman. FBN Holdings, in a notice to the Nigerian Exchange Limited and the investing public, said the…
Read More FBN Holdings appoints Otedola as chairman
The International Air Transport Association (IATA) has lauded the Central Bank of Nigeria (CBN) for releasing $64.44 million in blocked airline funds but said $700 million remains blocked in the…
Read More IATA faults CBN, says Airlines ‘$700m funds remains blocked in Nigeria’