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N156 Billion Debt Recovery Suit: Stallion Group appeals ruling upholding UBA's appointment of receiver/manager

Nigeria, Oct. 17 -- Stallion Group has filed an appeal against Friday's decision of the Federal High Court, Lagos, which upheld the appointment of a receiver/manager by the United Bank for Africa (UBA... Read More


Court upholds appointment of receiver/manager in UBA's debt recovery suit against Stallion Group.

Nigeria, Oct. 16 -- The Federal High Court in Lagos has ruled in favour of United Bank for Africa (UBA) in a N156 billion debt recovery suit against Stallion Group and its subsidiaries and upheld the ... Read More


Court upholds appointment of receiver/manager in debt recovery suit against Stallion Group

Nigeria, Oct. 16 -- The Federal High Court in Lagos has ruled in favour of United Bank for Africa (UBA) in a N156 billion debt recovery suit against Stallion Group and its subsidiaries and upheld the ... Read More


Dangote Petroleum Refinery logs $4.7 billion profit in nine months on higher refining throughput

Nigeria, Oct. 14 -- Dangote Petroleum Refinery and Petrochemicals reported $4.7 billion in net profit for the first nine months of 2026, in contrast to a net loss of $117.2 million in the same period ... Read More


Zenith Bank's half-year profit falls 19% amid shrinking revenue

Nigeria, Oct. 10 -- Zenith Bank logged a 19.1 per cent slide in net profit for the first half of 2026, relative to a year ago, its latest audited earnings report showed. This marks the second time in... Read More


Zenith, Fidson, NEM top stock pick this week

Nigeria, Oct. 5 -- Nigerian stocks slightly depreciated last week, sliding by 0.5 per cent as sell pressure on bank equities weighed on the main stock index. All but the insurance index dropped out o... Read More


Why my grandson doesn't want to work with me yet - Dangote

Nigeria, Sept. 30 -- The president of Dangote Industries Limited, Aliko Dangote, has revealed that his first grandson is not currently interested in taking up a role in the family business because he ... Read More


Tinubu's reforms have put Nigerian economy on path of sustainable growth - Otedola

Nigeria, Sept. 29 -- Billionaire tycoon and chairman of First HoldCo Plc, Femi Otedola, has lauded a series of reforms introduced by President Bola Tinubu to accelerate economic growth in the country.... Read More


UACN, HBM Nigeria, GTCO top stock pick this week

Nigeria, Sept. 28 -- Nigerian stocks appreciated for the second straight week last week, adding 0.9 per cent as increased demand for oil & gas stocks and bank equities boosted gains. Year to date, th... Read More


Access Bank Kenya's assets, liabilities to be transferred to National Bank of Kenya

Nigeria, Sept. 24 -- The Central Bank of Kenya has announced the transfer of the entire assets and liabilities of Access Bank (Kenya) Plc to National Bank of Kenya Limited as part of a business combin... Read More