Business

Ernest Azudialu‑Obiejesi’s Nestoil battles to stay afloat over $1bn debt

Ernest Azudialu‑Obiejesi, Nigeria’s oil mogul is facing one of the toughest challenges of his career as his company, Nestoil Limited,…

Ernest Azudialu-Obiejesi in trouble as banks seize Nestoil over $1bn debt

Ernest Azudialu-Obiejesi, Nigerian oil magnate is currently facing hard times as a consortium of Nigerian banks has seized his Nestoil…

Okonjo Udokanma ordered to pay Providus Bank $97,982 overdraft

.Reduces interest rate to 10% The Federal High Court, Lagos has ordered Mrs Udokanma Okonjo, Chief Executive Officer of Fine…

PENGASSAN President Osifo explains shutdown of NNPC refineries

The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Festus Osifo, has explained that the…

Recapitalisation: Fourteen Nigerian banks met requirements – CBN Gov Cardoso

Governor of the Central Bank of Nigeria, Olayemi Cardoso, said fourteen financial banks in Nigeria have already met their 2026…

We’re not shutting down – ShopRite

Retail Supermarkets Nigeria Limited, RSNL, the operator of the Shoprite franchise in Nigeria, has said it is not shutting down,…

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