Innoson Faces New Competition as FG Approves Chinese Electric Vehicle Factories
Nigerian automaker Innoson Vehicle Manufacturing (IVM) may soon face increased competition as the Federal Government grants approval for Chinese companies to establish electric vehicle...
Nigeria Joins Asian Infrastructure Investment Bank to Boost Development Funding
Nigeria has officially become a full member of the Asian Infrastructure Investment Bank (AIIB), a strategic move aimed at unlocking access to long-term infrastructure...
CBN’s Currency Management Costs Surge to ₦315 Billion Amid Cash Crisis
The Central Bank of Nigeria (CBN) reported a significant increase in currency management expenses for 2024, with costs escalating by over 300% due to...
CAC Issues Six-Week Ultimatum for Unregistered Businesses in Nigeria
The Corporate Affairs Commission (CAC) has issued a stern six-week ultimatum for businesses in Nigeria that are operating without proper registration.
The Commission warned that...
Zenith Bank Declares ₦195.67 Billion Dividend for 2024 Financial Year
Zenith Bank Plc has declared a total dividend payout of ₦195.67 billion for the 2024 financial year, delighting shareholders with a distribution of ₦5.00...
