Newscenter Media News Billionaire businessman, Femi Otedola has further increased his stake in FBN Holdings to 13.15 percent with acquisition of additional 534,094,407 shares at the cost of N16.02 billion between September 23 …
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Nigeria secures $10bn investment from ExxonMobil in deep-water oil operations
Nigeria has secured a $10 billion investment from ExxonMobil in Nigeria’s deep-water oil operations. This development was announced by Stanley Nkwocha, senior special assistant to the vice president on media …
Read More »Dangote refinery: Marketers plan direct petrol purchase
Oil marketers are seeking to deal directly with the Dangote Petroleum Refinery instead of buying the company’s Premium Motor Spirit, popularly called petrol, from the Nigerian National Petroleum Company …
Read More »Nigerian govt introduces TICC to expand tax base, widen net
The Federal government of Nigeria has announced plans to deploy the Tax Identification Consolidation and Collaboration (TICC) to expand the tax base, widen the tax net to create a level …
Read More »Endocrinologists push for tech solutions to bridge diabetes care gap
The Acting President of the Endocrine and Metabolism Society of Nigeria, Prof Andrew Uloko, has emphasised the need to deploy technology and modern innovations to expand access to quality healthcare …
Read More »SEC okays Flour Mills acquisition of Excelsior’s minority shares
The Securities and Exchange Commission has approved Flour Mills of Nigeria’s acquisition of its majority shareholder, Excelsior Shipping Company Limited. In a statement released on the Nigeria Exchange and …
Read More »SEC, NGX approve Flour Mills minority shareholders buyout
Securities and Exchange Commission and Nigerian Exchange Limited have given Flour Mills of Nigeria approval to plan to buy out minority shareholders. FMN, in a release on Wednesday, stated …
Read More »Strategies for managing your food budget amid rising prices
As food prices continue to rise, many households are feeling the pinch. To help manage these increases, JOSEPHINE OGUNDEJI highlights some strategies to maximise your money on food while …
Read More »E-payment transactions grow by 86% – NIBSS
E-payment transactions in the country jumped by 86.44 per cent to N566.39tn in the first half of 2024 from N303.60tn in the same period of last year, according to …
Read More »BVN enrolment hits 63.1 million in five years, says NIBSS
The number of Nigerians enrolled under the Bank Verification Number system has surged by 38 per cent over the past five years, reaching 63.1 million in September 2024. This …
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