Otedola sells shares in Geregu Power for N1trn as Yari takes over
The chairman of First Holdco Ltd, Femi Otedola, has sold his majority stake in Geregu Power Plc for N1.088 trillion in a deal financed by a consortium
Business
All the recent business news in Nigeria, economy and industry updates.
FCMB-TLG private debt fund gets SEC’s Nod for N20bn Series II Offer
FCMB Asset Management Limited (FCMBAM) has received regulatory approval from the Securities and Exchange Commission (SEC) to proceed with the Series I
FG generates N8.09trn from VAT, electronic money transfers in 11 months
The federal government generated the sum of N8.09trn between January and November 2025, analysis of documents of the Federal Account Allocation Commit
Elumelu donates food items to orphanages in Lagos, Edo, Delta
The family of renowned entrepreneur and philanthropist, Mr. Tony Elumelu, has donated food items to orphanage homes across Lagos, Edo and Delta states
CPPE projects 4.5% GDP growth in 2026
The Centre for the Promotion of Private Enterprise (CPPE) has projected that Nigeria’s economy could grow by as much as 4.5 per cent in 2026, riding o