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IPMAN to Write Soludo Over Anambra’s N900m Diesel Debt to Members

The Anambra State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has officially announced its intention to pen a formal letter to Governor Chukwuma Soludo concerning the state’s outstanding debt of N900 million...

FCMB Asset Management and TLG Capital Fully Deploy Oversubscribed Private Debt Fund Series 1, Set to Launch Series 2

Lagos, Nigeria – August 23, 2025 (Naija247news) – FCMB Asset Management Limited (FCMBAM) and TLG Capital have announced the full deployment of the oversubscribed FCMB–TLG Private Debt Fund Series 1, which successfully raised capital from...

Presco Plc Approves N42bn Dividend, Ratifies MD Appointment, and Unveils N250bn Capital Raising Plan at 2025 AGM

Lagos, Nigeria — August 20, 2025 (Naija247news) – Presco Plc, Nigeria’s leading integrated palm oil producer, has ratified a series of major resolutions at its Annual General Meeting (AGM) held on August 19, 2025, at...

Fuel Crisis Looms as Anambra Govt Owes IPMAN N900m, Price May Soar to N3,000/Litre

Naija247news reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised alarm over a staggering N900 million debt owed by the Anambra State Government, warning that the backlog could trigger a fuel supply...

Obi Slams Tinubu Govt Over N142bn Bus Terminal Project, Labels It Misplaced Priority

Former Anambra State Governor and 2023 Labour Party presidential candidate, Mr. Peter Obi, has sharply criticized the Federal Government’s approval of N142 billion for the construction of a bus terminal, describing the decision as a...

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Capital Market Operators Back SEC’s Recapitalisation Push, Signal Mergers, Stronger Market Ahead

Capital market operators across Nigeria have largely thrown their...

Six in Ten Workers Still Poor Despite Job Growth in Sub-Saharan Africa — ILO Report

Sub-Saharan Africa added an estimated 15.4 million people to...

Firm targets electric vehicles investment as next phase of energy transition

Alfa Designs Nigeria Limited has disclosed plans to invest...

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