Victor Enengedi
1599 articles published since 04 Oct 2022
1599 articles published since 04 Oct 2022
Nascon Allied Industries Plc says its proposed merger with Dangote Sugar Refinery has been suspended due to the comments and recommendations of the SEC.
A key member of President Bola Tinubu's administration, Ben Akabueze, has stated that Nigeria's economic stability hinges on foreign loans and investments.
The Dangote Group has dismissed reports questioning the quality of its refined diesel as false, baseless, and mischievous and an attempt to tarnish its brand image.
JP Morgan CEO, Jamie Dimon has reiterated his criticisms of Bitcoin, this time stating that it is a fraud and Ponzi scheme and cannot serve as a currency.
The foremost power enterprise, Geregu Power, has generated a revenue of N5 billion in the sale of electricity following the increase in tariff implemented by NERC.
Nigerian Breweries has announced the closure of two of its plants, following a loss incurred in 2023 as a result of inflation, naira devaluation, and others.
Canal+ has reinforced its standing within MultiChoice by procuring more shares, elevating its ownership in the pay-TV operator to slightly above 40%.
1.5 million electricity users under Band A category are projected to collectively spend approximately N6.7 billion within a 20-hour period for electricity bills.
More feeders have been upgraded to Band A by Ikeja Electric and Eko DisCo for electricity consumers in the selected locations to enjoy 20 hours average power supply.
Victor Enengedi
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