Business

Aston Villa has confirmed the signing of Amadou Onana from Everton for a £50 million transfer fee, with the Belgian midfielder committing to a contract until 2029. Onana, 22, is highly regarded and was sought after by various clubs in ...

The President of Dangote Group, Aliko Dangote, has disclosed that his friend who earlier warned him against investing in Nigeria is now taunting him for ignoring his advice. Dangote disclosed this in an interview with Premium Times on Sunday just as ...

The Central Bank of Nigeria (CBN) has issued new guidelines requiring banks and financial institutions to transfer unclaimed balances and funds from dormant accounts to the CBN’s accounts The guidelines, effective immediately, aim to reunite dormant accounts and unclaimed balances ...

  The ‘Giant in you’ campaign of the FirstBank has again confirmed the common expression that ‘apple doesn’t fall far from the tree’ given the history of the financial brand and its legendary relevance to the growth of enterprises, within ...

  The Naira depreciated at the official market, trading at N1,577.29 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira lost ...

Mason Greenwood’s protracted transfer saga is nearing its conclusion The Manchester United forward, who spent last season on loan at Getafe, is set to join Marseille after a principle agreement was reached between the clubs. According to David Ornstein of ...

In line with its usual custom of rewarding loyalty, Africa’s Global Bank, United Bank for Africa Plc, is set to launch the “UBA Legacy Promo” as part of activities to mark its 75th year anniversary. This campaign has been specially ...

UK fashion group Burberry has appointed a new boss as it looks to halt a slump in sales. The company said Joshua Schulman, the former boss of US brand Michael Kors, will take over as chief executive. Mr Schulman replaces Jonathan Akeroyd, who ...

  The Nigeria Security and Civil Defence Corps Commandant General’s Special Intelligence Squad has arrested three suspects for vandalism of oil pipeline, oil theft and illegal dealings in petroleum product at Umuodo, Umuajuloke Community in Omuma Local Government Area of Rivers State. Dandaura ...

Abiri Oluwabusayo Khloe, a former contestant on the popular reality TV show Big Brother Naija, has publicly accused an airline of mishandling her luggage, resulting in a substantial loss of personal belongings. The reality star claims that items worth over ...

  Africa’s richest man, Aliko Dangote, says his knack for industrialisation in Nigeria is the reason why he doesn’t have houses abroad. Dangote noted that having houses in London or the United States of America would distract him from his ...

The MTN Foundation and the Musical Society of Nigeria have announced the graduation of 29 young musicians from their prestigious scholarship program. The event, held recently at the MUSON Centre in Lagos, showcased the scholars’ exceptional talent and marked a ...

A significant fire broke out at a palm kernel oil extracting industry in Abakaliki, Ebonyi state, resulting in substantial damage and loss The blaze destroyed palm kernels valued at over N170 million, refined and unrefined oil, and a Sienna bus. ...

The Federal Government has hailed the contributions of platforms like Moniepoint to the growth of the informal sector in Nigeria. This was stated by the Vice President, Senator Kashim Shettima, at the launch of the 2024 Nigeria Informal Economy Report ...

  9 July 2024 – FirstBank, West Africa premier financial institution and financial inclusion services provider has announced its sponsorship of the Lagos command performance of Eni Ogun – The Noble Warrior, a theatrical performance in honour of Professor Wole Soyinka as ...

  The Federal Government has announced the suspension of duties, tariffs, and taxes on some essential food items imported through land and sea borders. The Minister of Agriculture and Food Security, Abubakar Kyari, disclosed this at a briefing in Abuja yesterday. ...

  Halogen Group, a leading security risk management and safety solution organisation, says it has been voted as Nigeria’s Most Outstanding Security Company for 2024. The company, in a statement, said the announcement came from the United Kingdom head office ...

  Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, has announced the appointment of Obafemi Banigbe as its Chief Executive Officer. This strategic move is part of the company’s broader plan to embark on a new phase of business ...

  MTN Nigeria Communications Plc has announced that it contributed N549.3bn in taxes and levies to the Nigerian government. This was disclosed in the company’s 2023 Sustainability Report filed with the Nigeria Exchange Limited. According to the report, MTN Nigeria ...

The Corporate Affairs Commission (CAC) has extended the deadline for registration of all Point of Sale (PoS) Operators by additional sixty days to accommodate others who were not able to register due to technical glitches. The commission had earlier given a ...

  Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners hiked the ex-depot price of petrol from N630 to N720 per litre. This came as fuel scarcity deepened in Abuja and the ...

  The Nigeria Civil Aviation Authority (NCAA) has suspended 10 private jet operators over their failure to commence recertification process. The Authority justified its action by citing the Nigeria Civil Aviation Regulations 2023 Part 18.3.4 which forbids holders of Permit for ...

  Actress Sarah Martins has cried out after reportedly spending N300,000 on electricity bills in just under a month in Lagos. Taking to her social media platform, the actress expressed her dismay at the exorbitant costs of electricity. She disclosed that ...

  The Nigeria Labour Congress has described as insensitive the latest electricity hike by DisCOS in tariff payable by Band A customers. The electricity distribution companies (DisCOS) had on Wednesday announced that the Nigerian Electricity Regulatory Commission approved the hike. They increased it ...

Fidelity Bank has announced plans to increase its issued share capital from N22.6bn to N26.7bn. The bank will achieve this by creating up to 8.2bn additional ordinary shares, each valued at 50 Kobo. This was disclosed in a corporate notice ...