NGX Slams N76.8m Fine On Nine Firms
The Nigerian Exchange Limited (NGX) has imposed a N76.8 million fine on nine quoted companies for failure to file their audited financial statements after the regulatory due date.
A report by Nairametrics indicated that the companies were sanctioned for...
EU to Invest €150bn in transport Infrastructure to Boost Intra-African trade
The European Union Commission said it has concluded plans to invest €150bn in trade and transport infrastructure across West Africa with a special focus on the Lagos- Abidjan corridor.
According to the EU Commission, the...
Standard Chartered Bank Pledges $3bn to Finance NLNG Dividend Initiative
The Standard Chartered Bank has indicated interest to finance key infrastructure projects in Nigeria, including the Lagos-Calabar coastal highway, Port Harcourt-Maiduguri rail line rehabilitation, as well as the provision of $3 billion in innovative financing...
Energy Transition: We Must Strike Balance Between Sustaining Fossil Fuels and Going Green - Tinubu
President Bola Tinubu has said Nigeria remains committed to a balanced approach to energy transition and still requires substantial investments in the oil and gas sector to meet the energy...
President Bola Tinubu has approved the appointment of Mr. Olatunji Bello as the new Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), pending confirmation by the Senate.
Citing Nigeria's current economic hardship, Retail Supermarkets Nigeria Limited, the company that owns Shoprite and Freshmark, has announced its plans to close its business activities at Novare Wuse Central Mall, Abuja.
