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 Nigerian shareholders largely shunned a N43 billion share-acquisition bid by Unilever Overseas Holdings, United Kingdom aimed at acquiring a quarter of Unilever Nigeria’s shares to increase the multinational’s majority equity stake in the Nigerian subsidiary to 75 per cent. The latest audit of Unilever Nigeria, scheduled to be presented to...

As a fall out of the states debt repayment deferral for the month of March that was announced last Thursday, the Federal Ministry of Finance has clarified that the debt repayments due to the states’ creditors will be fully paid notwithstanding the deferral. According the Federal Ministry of Finance, the...

At a special event hosted by the Lagos Business School, Nigeria's Finance Minister, Kemi Adeosun, set out the government's plan to reset Nigeria's economy with structured borrowing, targeted investment and diversified growth. Speaking to some of the country's most influential captains of industry. The Minister told the audience: "We have...