Ecobank Nigeria Limited has filed a fresh suit at the Federal High Court in Lagos to stop Oba Otudeko and his associates from selling over 6.3 billion shares in FBN …
Banking, Finance & InvestmentBusinessFinance & ServicesNigeriaWestern Africa
Category:
Western Africa
- Business and EconomyEnergyGOVERNMENTInfrastructureNigeriaWestern Africa
FG Signs $27.3m Deal with LNG Arete to Build Mini Gas Plant in Kogi
The Federal Government of Nigeria has signed a $27.3 million deal with LNG Arete to build a mini Liquefied Natural Gas (LNG) plant in Ajaokuta, Kogi State. The agreement, signed …
- Banking, Finance & InvestmentEconomyGOVERNMENTNigeriaWestern Africa
Six Banks Pay Over N751bn in Taxes for 2024
Six Nigerian banks have paid a total of N751.796 billion in taxes to the Federal and State Governments for the 2024 financial year, which ended on December 31, 2024. This …
- Business and EconomyEnergyINVESTMENTNigeriaOil & GasWestern Africa
TotalEnergies Records N27bn Profit, Proposes N40 Dividend Per Share for 2024
TotalEnergies Marketing Nigeria Plc has reported a profit of N27.49 billion for the financial year ended December 31, 2024. This marks a significant 113 per cent increase from the N12.92 …
- Business and EconomyFinance & ServicesINVESTMENTNigeriaWestern Africa
FCMB Records N73bn Profit After Tax, Raises N144.6bn in Public Offer
First City Monument Bank (FCMB) Group Plc has announced a profit after tax of N73.34 billion for the financial year ended December 31, 2024. This marks a drop from the …
- Business and EconomyEducationEntrepreneurshipNigeriaTechnologyWestern Africa
SMEs Must Embrace Innovation to Survive – Demola Aderibigbe
The Chief Executive Officer of Lalaa Consulting, Mr. Demola Aderibigbe, has said that small and medium-sized enterprises (SMEs) in Nigeria must begin to apply creativity and innovation in their businesses …
- BusinessFintechNigeriaWestern Africa
eTranzact International Reports N5bn Pre-Tax Profit in 2024, Marks 53% Growth
Lagos – Nigerian fintech giant, eTranzact International Plc, has posted a robust N5 billion pre-tax profit for the year ended December 31, 2024, representing a 53.2% increase from the N3.1 …
- AviationLabourNigeriaWestern Africa
Retired NAMA Workers Cry Out Over Unpaid Pension Increases Since 2007
Abuja – Retired staff of the Nigerian Airspace Management Agency (NAMA) have cried out over unpaid pension increases that have been pending since 2007, despite several government directives ordering implementation. …
- EconomyFinance & ServicesGOVERNMENTNigeriaWestern Africa
Nigeria’s Public Debt Rises to N144.67tn, Records 48.58% Increase in One Year
Abuja – Nigeria’s total public debt has climbed to N144.67 trillion as of December 31, 2024, according to a fresh report released by the Debt Management Office (DMO). This figure …
- EnergyEnvironmentGhanaInfrastructureTechnologyWestern Africa
Ghana Launches West Africa’s Largest Floating Solar Project to Boost Clean Energy
Accra, Ghana – In a move to increase its use of clean energy, Ghana has unveiled the biggest floating solar power plant in West Africa. The new project, which is …