News Editor

Zenith Bank Plc has raised N350.4bn through its recently concluded hybrid Rights Issue and Public Offer. In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has begun issuing gas licenses to qualified industry players due to the frequent failures of the national grid. The grid that has so far recorded one collapse this year after more than 10

The Financial Reporting Council (FRC) has explained that Nigeria has not attained the point of a hyperinflationary economy. The Council, in a press statement signed by its Executive Secretary/Chief Executive Officer, Dr. Rabiu Olowo, added that International Accounting Standards, IAS 29, is

The Securities and Exchange Commission (SEC) has cautioned Nigerians against engaging in any investment-related transactions with Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperative Society, commonly known as Stecs.  The SEC in a circular issued in Abuja disclosed