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FG backtracks on Lagos-Calabar coastal project after Landmark, other demolitions

AFTER several concerns raised by Nigerians over the Lagos - Calabar coastal road, the Federal Government has backtracked on...

International Breweries get N588.28bn rights issue approval amid financial losses

THE International Breweries Plc said it has gotten the approval of the Nigerian Securities and Exchange Commission to proceed...
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Seplat Energy extends ExxonMobil’s proposed $1.28bn acquisition

SEPLAT Energy has extended the share sale and purchase agreement of $1.28 billion to acquire ExxonMobil’s share capital of...

CBN raises MPR by 150-basis-point to 26.25% 

THE Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), also known as the benchmark interest...
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CAPPA cautions against foreigners monopolising lithium mining in Nigeria

THE Corporate Accountability and Public Participation Africa (CAPPA) has called on the Nigerian government to approach its pursuit of...

MRS Oil offers N46.29bn payoff to shareholders

THE Board of MRS Oil Nigeria Plc has offered to pay N46.29 billion as exit consideration to shareholders following voluntary delisting from the...
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