Business
FBN Holdings Issues Statement Acknowledging CBN Dissolution Of Its Directors
Arise Business Analyst Chika Mbonu spoke to the Global Business Report about the Central Bank of Nigeria’s decision to dissolve the Board of Directors of the Holdco and Bank. He
South Africa’s President Testifies In A Corruption Probe. What Will Investors Think?
Sanyade Okoli, CEO of Alpha African Advisory, spoke to the Global Business Report about President Cyril Ramaphosa testifying before the Zondo Commission, a public inquiry launched to investigate allegations of
zimalek set to launch online market store
Mr. Frank Obiadi … promises to revolutionise e-commerce in Nigeria, Africa In a bid to revolutionise the online market space, a new e-commerce store, zima.com.ng, is set to be launched
Despite headwinds, Zenith Bank’s profit after tax rises by 5% in q1 2021
In a clear demonstration of its resilience, Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2021, with Profit After Tax (PAT) rising by
Suspension of OANDO PLC AGM remains, SEC insists
By Obas Esiedesa The Securities and Exchange Commission, SEC, has insisted the suspension of Annual General Meeting of Oando Plc in 2017 remains in place despite recent court ruling. SEC
Rumoured Defection: We averted major crises in Nigeria by working across party lines — Fani-Kayode
A former Aviation Minister, essayist and one time Special Assistant to a former President, Chief Femi Fani-Kayode has now shed more light on unpopular circumstances surrounding his brief alliance with
EU Charges Apple Over Anti-Competitive App Policies
The European Commission is issuing antitrust charges against Apple over concerns about the company’s App Store practices. The Commission has found that Apple has broken EU competition rules with its
Profit-taking hits US stocks, Europe shrugs off recession
US markets were hit by a bout of profit-taking on Friday, while in Europe investors largely shrugged off data confirming the eurozone is back in recession. The post Profit-taking hits
Amazon caps blockbuster Big Tech earnings reports
A week of blockbuster earnings reports from Big Tech culminated Thursday with Amazon crushing forecasts of how much money it would rake in from pandemic-revved online shopping and growing reliance
NNPC makes U-turn, says FAAC remittance will be boosted
By Obas Esiedesa The Nigerian National Petroleum Corporation, NNPC, on Friday reversed its decision to make zero contribution to the Federation Account Allocation Committee, in the month of May, due

