AMCON Takes over Gateway Portland Cement
Segun Atanda/ Moves to recover a debt of about N3billion, has led the Asset Management Corporation of Nigeria (AMCON) to…
Airtel May Acquire Etisalat Nigeria
Segun Atanda/ Airtel Nigeria has been linked with possible acquisition of rival Etisalat, which has formally rebranded as 9mobile. Media…
Court Freezes FG’s $793m in 7 Banks
Ladipo Sanusi/ Justice Chuka Obiozor of a Federal High Court in Lagos has ordered seven commercial banks to, in the…
Bankrupt Boris Becker Invested Heavily in Failed Nigerian Oil Deals
Tennis legend Boris Becker may have lost his $131 million fortune in part because of questionable investments in the Nigerian…
UBA Offloads 2.09bn Shares on NSE
By NAN’s Chinyere Joel-Nwokeoma/ The United Bank for Africa (UBA) on Tuesday drove activity on the Nigerian Stock Exchange (NSE)…
More Trouble for Omokore, Aluko, as FG, 1st Bank Battle to Recover $1.7bn Debt
Ladipo Sanusi/ A Federal High Court in Lagos has fixed a date to decide the fate of a suit seeking…
Diezani Warned Aluko about Buying $80m Galactica Star
Court documents filed by the US Department of Justice in Houston have revealed that Nigeria’s former oil minister, Diezani Alison-Madueke…
Lai Mohammed, Babalakin, others Pinpoint PPP Headaches in Nigeria
Segun Atanda/ Major problems militating against private investment in Nigeria were identified at the Quarter Three edition of Aviation Round…
Dangote to Invest $4.6b in Agriculture
Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, plans to invest $3.8 billion in sugar and rice…
Etisalat Negotiating with Former Owners to Retain Brand Name – CEO
The new management of Etisalat Nigeria has revealed that it was negotiating with UAE’s Etisalat over the continued use of…