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Forbes Lists Otedola Back Among the Billionaires, As Dangote and Rabiu Lose $3.8 billion
According to Forbes World's Billionaires List 2024, Aliko Dangote and Abdulsamad Rabiu's combined wealth fell by $3.8 billion in a single year.
Every person who...
Index Falls N191Bn Due To Losses In Bank Stocks And Other Investments
Nigerian Exchange Group (NGX): Following losses in several blue-chip companies, particularly FBN Holdings (FBNH) and Access Bank, the Nigerian Exchange Limited (NGX) maintained a...
NERC: New Power Tariff Increases Will Result In a N1.14 Trillion Reduction In Subsidies By 2024
According to the Nigerian Electricity Regulatory Commission (NERC), the newly approved electricity pricing is expected to result in a N1.14 trillion reduction in the...
Afreximbank and Sterling launches platform for funding supply chains
The Africa Export-Import Bank (AFREXIMBANK), Woodhall Capital, and Sterling Bank, a division of Sterling Financial Holdings Company PLC, have joined forces to introduce AFREXIMBANK...
Chams Holdco Reports N20 Million Profit After Tax, Achieves Profitability for the First Time Since COVID-19
Chams Holding Company Plc reported a profit after tax of N20.2 million in fiscal year 2023, the company's first profit since 2019.
Compared to the...
