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Nigeria's top glassmaker Beta Glass plans further advance into Francophone Africa

Nigeria, Feb. 12 -- Nigeria's glass-making company Beta Glass is setting out this year to capture new grounds within Francophone Africa to extend its territory beyond West and Central Africa, where it... Read More


EXCLUSIVE: Dubai police issue arrest warrant for Nigerian billionaire jailed for financial crime

Nigeria, Feb. 11 -- The Dubai police have issued an arrest warrant for Abdulrahman Bashar, a Nigerian oil billionaire recently convicted of financial crimes linked to the issuing of dishonoured cheque... Read More


Zenith Bank, Access Holdings, Cornerstone Insurance top stock pick this week

Nigeria, Feb. 10 -- Nigerian stocks are riding on a steady path of gain that they have not travelled along for quite a while, with the past week signifying the third week in a row the benchmark index ... Read More


EXCLUSIVE: Nigerian billionaire businessman jailed in Dubai

Nigeria, Feb. 9 -- A Dubai court has sentenced the owner of Rahmaniya Group and Ultimate Oil & Gas, Abdulrahman Bashar to one year in prison for a financial crime involving his dealings with CI Energy... Read More


Nigerian secures funding for critical mineral development, solar power production

Nigeria, Feb. 6 -- Nigeria obtained key funding to fast-track the development of a master plan that will help evolve its critical mineral value chain from extraction to value addition. The move signa... Read More


UACN appoints new chairman

Nigeria, Feb. 6 -- UAC of Nigeria Plc (UACN) has appointed Khalifa Biobaku, who has been vice chairman at the conglomerate since last June, as the chairman of its board of directors. Mr Biobaku succe... Read More


Heirs Holdings appoints executive director, CEO for real estate subsidiary

Nigeria, Feb. 4 -- Heirs Holdings has named Chidi Okpala as the new executive director to oversee payments, group integration and strategy, Chairman Tony Elumelu said in a Facebook post on Tuesday. M... Read More


First Bank appeals discharge of Mareva order against Global Hydrocarbons

Nigeria, Feb. 3 -- First Bank of Nigeria said it has appealed against the discharge of Mareva order against Global Hydrocarbons, adding that it has also applied for an injunction and/or suspension of ... Read More


Consolidated Hallmark, Custodian Investment, Beta Glass top stock pick this week

Nigeria, Feb. 3 -- Nigerian stocks advanced by 0.9 per cent last week on the back of relatively strong appreciation in consumer goods and bank stocks as investors' interest in stocks improved, with tr... Read More


Banks complying with court order, unfreezing our accounts - Global Hydrocarbons

Nigeria, Jan. 31 -- The commercial banks that enforced a Mareva injunction granted by the Federal High Court Lagos freezing the assets of energy firm Global Hydrocarbons and its directors have complie... Read More