Int’l Breweries Proposes Share Capital Reduction To Erase Losses
International Breweries Plc has announced a proposed share capital reduction aimed at eliminating its accumulated losses and returning excess capital to shareholders, as part of efforts to strengthen its balance sheet and restore its ability to pay dividends in the future
N1.3bn fraud: Ex-Port Harcourt refinery MD gets N150m bail
Former Port Harcourt Refinery MD, Ahmed Dikko, has been granted N150m bail in an alleged N1.3bn fraud case involving money laundering and refinery rehabili
Xenergi Launches Mandatory Takeover Bid For Remaining Premier Paint Minority Shareholders
Xenergi Plc has commenced a mandatory takeover bid for the outstanding minority shareholders of Premier Paint Plc, offering to acquire 2,000,000 ordinary shares representing 1.63 per cent of the company's issued share capital at N38.00 per share.
Kano recorded 30 fire incidents, lost five lives in June
Kano State Fire Service reported 30 fire incidents in June, resulting in five deaths and N120.4m property loss. Learn about Kano fire incidents and safety
FG Backs NNPC’s Current Move To Revamp Refineries
The Federal Government has expressed support and commitment to the new efforts by the Nigerian National Petroleum Company Limited to rehabilitate the nation's refineries.
