Sitemap - 2024 - The Nigerian Business Weekly

Looking Back, Moving Forward: Thank You for 2 Memorable Years

BUA Begins Production at Port–Harcourt Manufacturing Plant

Access Bank Enters into a Legally Binding Agreement to Acquire a 100% Stake in South Africa's Bidvest Bank

UBA Plans to Expand its Operations in Africa and Open a Branch in Saudi Arabia by 2025

Zenith Bank Launches Operations in France

FBN Holdings to Change Name to First Holdco Plc

Moniepoint to Acquire a Commercial Bank License

NNPC Records N246 trillion in Total Assets, Surpassing Nigeria’s GDP

Moniepoint Raises $110 Million, Becomes Africa's Latest Unicorn

Nigeria’s Laundry Market to Hit $3 Billion by 2034 – Adebayo

Dangote’s Net Worth at N28 Billion as Refinery Project Begins

SPDC JV, Partners sign $3.5 billion agreement for Brass Fertiliser, Petrochemical Project

CBN to Launch Electronic Matching System for FX Transaction

CBN Raises Monetary Policy Rate to 27.25%

Coca-Cola Eyes $1 Billion Investment in Nigeria

Dangote Refinery to Start Supplying NNPC with Petrol on Sunday

Oando PLC Releases Statement Explaining 100% Divestment from Downstream Business

PZ Cussons Nigeria Reports First Annual Loss in Years Amid Naira Depreciation

Oando Acquires 100% Equity Stake in Nigerian Agip Oil Company for $783m

Nigeria Experiences First Inflation Rate Ease in 19 Months

Banks Excluded from CBN’s Retail Dutch Auction

Flutterwave Strengthens Roots in Ghana with Enhanced Payment Service Provider Licence

CBN Sells $148 Million to 29 Forex Dealers to Tackle Demand Pressure on Naira

CBN Injects $106.5 Million to the Foreign Exchange Market in Response to Growing Demand

Buhler Nigeria Unveils Grain Processing Plant in Nigeria

51.6% of Informal Businesses Began Due to Unemployment in Nigeria – Report

PZ Cussons Nigeria Reports N96.4 Billion in Losses For The Fiscal Year 2024, Wiping Out Shareholder Funds

NNPC and TotalEnergies Agree to Invest in The Ubeta Field

Dangote Plans to Start Producing Steel; To Satisfy the Demand in West Africa

The CBN Revokes the Banking License of Heritage Bank

First Bank Staff Diverts N40 Billion; Bank Begins Recovery

TotalEnergies Announces a $600 Million Investment Deal in Congo, Rejecting Nigeria

Afreximbank Provides Spiro with a $50 Million Facility to Advance Electric Mobility in Africa

Airtel Africa’s Continues Share Buyback Strategy Despite Losses

GTCO Records Largest Q1 Profit in Nigerian Banking History

Emzor Pharmaceuticals Plans to Set Up $23 Million API Facility in Ogun State

Sparkle, Zikoko Collaborate to Empower Women

Foreign Airlines Reduce Lagos-London Ticket Fares to Push Us Out of Market – Air Peace

Landmark Beach Negotiates with FG, LASG to Modify Lagos-Calabar Highway Route to Safeguard Against Demolition of $200 Million Business

CBN Increases Capital Base for Mega Banks to N500 billion, Smaller Banks N200 billion

Access Bank Advances to Buy National Bank of Kenya

Crude Oil Production Rose in Nigeria During February – OPEC

In Nigeria, 767 Manufacturing Businesses Closed Operation, Leaving N350 Billion Worth of Unsold Goods in 2023

MTN Nigeria Loses N740 Billion in Forex Losses, Wiping Out Shareholder Funds

CBN Plans Increment of BDC Minimum Share Capital to N2 Billion for Tier 1 License

Devaluation of The Naira Reduces Jumia's Sales Value by $182 Million

Herbert Wigwe, Wife, Son Feared Dead in Helicopter Crash

A New CBN Circular Provides Guidelines to Prevent Banks from Engaging In Forex Speculation

Nearly 50% of Poultry Farmers in Nigeria Close Operations – Poultry Association

Nigeria's Stock Market Takes World’s Best Spot from Argentina

UBA & First Bank Exceeds N1tn market Capitalisation Mark

EFCC Officials Raid Dangote Group’s Headquarters in Lagos