Chevron Secures $1.4 Billion Funding for Escravos Drilling Project: A Boost to Nigeria’s Energy Landscape. Chevron Nigeria Ltd (CNL) recently announced the successful procurement of $1.4 billion in financing for its ambitious drilling endeavors under the NNPCL/CNL JV infill…
Federal Government Unveils Student Loan Fund Scheme with New Application Process – Dr. Sawyerr. The Federal Government is gearing up to launch the Nigerian Education Loans Fund through a dedicated application designed for students in tertiary institutions. Dr. Akintunde…
Dangote Cement Plc has made history by becoming the first Nigerian company to attain a market capitalization of N10.095 trillion, with its shares surging by 9.99% to close at N592.60. This remarkable achievement in the equities market reflects the company’s…
Johann Rupert’s Net Worth Surges by $800 Million in One Day: Richemont’s Impressive Performance. Johann Rupert, South Africa’s wealthiest individual, experienced a remarkable $800 million increase in his net worth within a single day, driven by the stellar performance…
Top 10 CFOs Guiding Nigeria’s Largest Banks: A Closer Look at Market Leaders. In the dynamic financial landscape of Nigeria, the year 2023 witnessed an impressive surge in the NGX Banking Index, marking a substantial growth of 114.9%. This…
Top-Performing Nigeria Mutual Funds in 2023: A Comprehensive Overview. The Nigerian investment landscape showcased remarkable profitability for investors throughout 2023, spanning various capital market instruments, with mutual funds taking center stage. Based on data from the Securities Exchange Commission…
The National Identity Management Commission (NIMC) has recently announced a temporary suspension of Front-End Partners (FEPs) from participating in National Identification Number (NIN) enrolments. This significant development was disclosed by Abisoye Coker-Odusote, the Director-General of NIMC, during a comprehensive four-day…
The Central Bank of Nigeria (CBN) is gearing up for its inaugural Monetary Policy Committee (MPC) meeting scheduled for February 26th and 27th, as outlined in the tentative MPC meeting calendar for 2024 signed by the Director of MPD. The…
Unlocking Investment Potential: A Comprehensive Analysis of SWOOT Banking Stocks” In the realm of SWOOT stocks, the banking sector emerges as a promising investment avenue, offering potentially undervalued opportunities for investors. Notably, Zenith Bank, GTCO, FBNH, and UBA showcase lower…
In a noteworthy development, the National Assembly has augmented the proposed 2024 budget for the dormant Ajaokuta Steel Company, elevating the allocation from N4.45 billion to N5.18 billion. This increase of N730 million is aimed at rejuvenating the inactive steel…
In a recent statement during the KPMG Arise TV Budget Day program, Senator Atiku Bagudu, the Minister of Budget and Economic Planning, emphasized Nigeria’s goal to attract a minimum of $100 billion in investments by 2050, with a significant focus…
Mike Adenuga’s Net Worth Soars to $7.4 Billion, Securing Nigeria’s Second Richest Position. Renowned telecom tycoon and oil magnate, Mike Adenuga, has reclaimed his status as Nigeria’s second-richest individual, boasting a substantial net worth of $7.4 billion. This impressive…