Nestle declares N28.1bn dividend for 2020

The Board of Nestle Nigeria Plc has announced the payment of N28.1 billion to its shareholders as the final dividend for 2020. The Board of...

AMCON vs Jimoh Ibrahim: N69.4b debt case heads for A’Court

In a bid to recover the huge debt of nearly N70billion owed it by businessman Jimoh Ibrahim, the Asset Management Corporation of Nigeria (AMCON)...

Ademola Seriki, ex-minister settles AMCON debt

Following series of negotiations and eventual restructuring of his huge indebtedness by Asset Management Corporation of Nigeria (AMCON), former Minister of State for Defence...

Tax dispute: Access Bank seeks amicable resolution, pays N240m to Kaduna State

UBA, ARM Pensure opt for continuation of hearing  In furtherance of the desire to amicably resolve its tax dispute with the Kaduna State Government,...

AfDB bars Kenyan Coy 36 months over infractions

The African Development Bank Group on 16 February 2021, announces the 36-month debarment of Global Interjapan (Kenya) Limited with effect from 24 August 2020....

Buhari to flag-off Kano-Maradi, Kano-Dutse rail line today

The Minister for Transportation, Rotimi Amaechi, has announced that President Muhammadu Buhari, will on Tuesday, February 9, 2021, perform the groundbreaking ceremony of the...

Dangote to feed one million malnourished children

To complement and boost government efforts in tackling the issue of malnutrition in Nigeria, the Aliko Dangote Foundation (ADF) has initiated processes to reach...

EFCC to arrest ExxonMobil MD over alleged fraud

A Federal High Court in Abuja has given the Economic and Financial Crimes Commission, (EFCC) the authorisation to arrest Richard Laing, Managing Director, ExxonMobil...

AfDB grants $11.26m for women, girls’ education

The Board of Directors of the African Development Bank (AfDB) has approved a grant of $11.26 million to the Government of Chad to finance...

Not recovering N4.4tr debt, bad for economy – AMCON

The Management of Asset Management Corporation of Nigeria (AMCON) has raised a new alarm, calling on all agencies of the federal government and all...

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