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News - Page 881

UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

October 17, 2026

A Federal High Court in Lagos has ruled in favour of United Bank for Africa (UBA) Plc in its ₦156. 03 billion debt recovery dispute with Stallion Group and the Vaswani brothers,

News·Nigeria·Oil & Gas

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

October 16, 2026

Renaissance Africa Energy has secured financing commitments from 13 banks for a $4.1 billion dollar-denominated portfolio and a separate ₦435 billion facility to support indigenous oil and gas contractors as the company

Business News·News

Why Foreign Investment Continues To Decline In Nigeria – KPMG

KPMG has highlighted reasons for decline in Foreign Direct Investment and the impact on Nigeria’s economy.

January 5, 2024

Business News·News

NGX Imposes Mandatory Compliance Training On Multi-Trex Integrated Foods, Infinity Trust Mortgage Bank Following Breaches

Nigerian Exchange Limited has taken decisive action against Multi-Trex Integrated Foods Plc and Infinity Trust Mortgage Bank Plc, instructing them to undergo Mandatory Compliance Training after non-compliance with post-listing regulations.

January 5, 2024

News·Sports

Why I Lost To World’s Number 1 Table Tennis Player – Aruna Quadri

Former Nigeria Olympic Games table tennis star Aruna Quadri rues his exit from the ongoing 2024 World Table Tennis Men's Finals in Doha, Qatar, but is quick to point out what affected his progression in the competition

January 5, 2024

News·Oil & Gas

Supreme Court Grants Hearing Of Shell’s Appeal In $878m Oil Spill Case

Nigeria’s Supreme Court has ruled in favour of Shell Petroleum Development Company of Nigeria Ltd. (SPDC Nig), granting it a hearing on the alleged oil spill case in the Niger Delta.

January 5, 2024

News

Abbas Commissions Femi Gbajabiamila Hall In UNILAG, Other Projects

In an event at the University of Lagos (UNILAG), Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas marked the official opening of the Femi Gbajabiamila Hall of Residence on Wednesday, January 3, 2024. Addressing the audience gathered at UNILAG’s Main

January 5, 2024

News

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

President Bola Tinubu has greenlit the appointment of new Executive Directors in two key agencies operating under the Federal Ministry of Marine and Blue Economy.

January 5, 2024

Foreign Investors Capitalize On Nigeria’s Manufacturing Potential - Expert

Business News·News

MAN Warns Of Potential Exodus As FDI Dips By 54% In Nigerian Manufacturing Sector

Foreign investments in Nigeria’s manufacturing sector nosedived by 54% to $279.5 million in the third quarter of 2023, a contrast from $605 million in the previous quarter.

January 5, 2024

Business News·News

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

the Nigerian Exchange Limited (NGX) has unveiled its collaborative initiative with the National Pension Commission (PenCom) to solidify the NGX Pension Broad Index (NGXPENBRD).

January 5, 2024

Business News·News

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Dangote Cement, a major player in Africa's cement industry, has commenced two new commercial paper series, Series 10 and 11, aiming to raise approximately N3.42 billion and N56.59 billion respectively.

January 5, 2024

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

News

NGX Sustains Bullish Trend, Banking Stocks Drive Market Activity As ASI Rises By 0.62%

In a continued display of bullish momentum, the Nigerian Exchange Limited witnessed another day of gains as investors amassed N265 billion on Thursday's trading.

January 5, 2024

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China, North Korea Open Long-Delayed Bridge to Facilitate Trade

China and North Korea opened a long-delayed border bridge on

Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Iran Conflict Pushes South African Fuel Prices Sharply Higher

South Africa will raise petrol prices by more than 11%

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

India and New Zealand’s free trade agreement (FTA) will take

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

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News - Page 881

UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

Why Foreign Investment Continues To Decline In Nigeria – KPMG

NGX Imposes Mandatory Compliance Training On Multi-Trex Integrated Foods, Infinity Trust Mortgage Bank Following Breaches

Why I Lost To World’s Number 1 Table Tennis Player – Aruna Quadri

Supreme Court Grants Hearing Of Shell’s Appeal In $878m Oil Spill Case

Abbas Commissions Femi Gbajabiamila Hall In UNILAG, Other Projects

Blue Economy: Tinubu Appoints New Executive Directors For NPA, NIMASA

MAN Warns Of Potential Exodus As FDI Dips By 54% In Nigerian Manufacturing Sector

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

NGX Sustains Bullish Trend, Banking Stocks Drive Market Activity As ASI Rises By 0.62%

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UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

Renaissance Taps 13 Banks for $4.1 Billion Nigerian Oil Contractor Funding

Kenya Bolsters Lamu Security as Dangote Refinery Project Advances

President Tinubu and the Low Transport Fares Fiasco

China, North Korea Open Long-Delayed Bridge to Facilitate Trade

Iran Conflict Pushes South African Fuel Prices Sharply Higher

India-New Zealand Free Trade Agreement to Take Effect on Oct. 20

UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

UBA Wins ₦156 Billion Debt Recovery Ruling Against Stallion Group

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