OTHER BUSINESSES

Nottingham Forest have signed Nigeria international Ola Aina on a one-year deal after his contract with Serie A side Torino expired. The defender, 26, who joined the Italian side from Chelsea in 2018, is Forest's first signing of the summer. They are also close to signing Manchester United's Anthony Elanga....

    The premium Fearless energy drink of Rite Foods Limited ignited the 'Embrace the Thrill' passion of consumers through various board games, football, and video games of different types, with a climax dubbed 'The Fearless Challenge,' an ice bucket contest where three winners emerged on Saturday, 15th of July...

In a major step towards bolstering Nigeria's energy security and promoting the utilization of its abundant gas resources, the NNPC Ltd and UTM Offshore Limited have today in Abuja signed a Heads of Terms (HoT) agreement for the construction of the nation's first indigenous Floating LNG project. According to a...

  The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023. This is the highest tax revenue collection ever recorded by the Service in any first six months of a fiscal year. Executive Chairman of...

  The House of Representatives has asked the National Electricity Regulatory Commission (NERC) to suspend the proposed increase in electricity tariffs. The chamber passed the resolution during plenary on Thursday, following the adoption of a motion sponsored by Sani Madaki, a member of the New Nigeria Peoples Party (NNPP) from...

    The Nigerian Economic Summit Group (NESG) has appointed Mr. Tayo Aduloju as its Chief Executive Officer (CEO). The private sector-led think-tank‘s board made the announcement in a statement on Wednesday. The appointment will take effect January 1, 2024, after the completion of the two-term tenure of Laoye Jaiyeola,...

Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in reflection of the agency’s view that environmental, social and governance issues have minimal contribution to the Bank’s credit rating. According to a note on the...

  A civil liberty organisation, Network for Advocacy and Good Leadership Initiative (NAGLI), has kicked against the proposed 40 per cent electricity tariff hike by the Federal Government, saying the move will further plunge Nigerians deeper into suffering. Arguing that the plans were untimely, the group said Nigerians were still...

      The Nigeria Labour Congress (NLC) has asked the federal government to review the proposed N8,000 to 12 million household palliative. Last week, President Bola Tinubu asked the senate to approve a borrowing request of $800 million. With this, the federal government intends to transfer N8,000 per month...

  The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE) have signed a Memorandum of Understanding (MoU) to establish a Nigeria-Egypt FinTech Bridge. The signing ceremony, which took place at the Seamless North Africa 2023 conference at the Egypt International Exhibition Center, Cairo, on July 17...