China Suspends Ant Group’s $37 billion listing

November 3, 2020 375

Breaking News

By Julie Zhu, Meg Shen and Greg RoumeliotisChina has suspended Ant Group’s $37 billion listing on Tuesday, November 3, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by billionaire Jack Ma.The Shanghai stock exchange said it had suspended the company’s initial […]Continue Reading

Alleged $107,751 debt: South African Firm Asks Court To Wind Up Bi-Courtney

October 19, 2020 736

Breaking News

Wale Babalakin,sanContinue Reading

FG Faces Public Backlash Over Increases In Fuel ,Electricity Prices

September 4, 2020 2763

Breaking News

By Sanya AdemiluyiNigerians have been reacting angrily to the sudden increase in fuel and electricity prices which have come at almost the same time, creating a ‘double whammy.’ many of them say that given that they are still trying to recover from the economic devastation of covid-19,the Buhari administration’s move giving approval to these price […]Continue Reading

Zenith Bank Sues Stallion Group Founder, Vaswani Over N23.3bn Debt

August 6, 2020 24775

Breaking News

        By Gbenga Ogunbufunmi Zenith Bank Plc has dragged the Chairman/ CEO of Stallion Groups of  companies, Mr. Sunil Vaswani before an Igbosere High Court  Lagos,  State,  over alleged unpaid N23.4 billion debt. Zenith Bank in the suit marked LD/3945GCMW/2020, filed against Mr. Vaswani, was due to his failure or Continue Reading

Airtel Nigeria Grosses N323 Billion Revenue In Second Quarter

July 27, 2020 244

Breaking News

Airtel Nigeria has recorded a total revenue of $851 million,about N323 billion in the second quarter of the year ended June,2020,up roughly 7 per cent from $796 million,or N302 billion recorded in the previous quarter. In its second quarter trading results released on Friday,July 25 the company also reported that it grew its customer base […]Continue Reading

FG Plans CBN-Led N15 Trillion Infrastructure Development Company

July 21, 2020 280

Breaking News

The Buhari administration is proposing a new N15 trillion state-owned infrastructure company which will be led by the Central Bank of Nigeria, Godwin Emefiele, Governor of the bank has said.Emefiele who revealed this in his press briefing following the meeting of the Monetary policy Committee of the CBN, July ,2020 however, did not disclose how […]Continue Reading