Business

BEDC debunks license withdrawal report

BEDC Electricity Plc. (BEDC), a power distribution company responsible for retail distribution of electricity in Delta, Edo, Ekiti, and Ondo States has debunked an online publication posted by the Edo State Civil Societies Organization (EDOSCO), that the federal government of Nigeria has withdrawn its operating license. In a statement made …

Read More »

Fidelity Bank holds end-of-year party (PHOTOS)

L:R : Managing/CEO, Fidelity Bank Plc, Mr. Nnamdi Okonkwo; Chairman, Forte Oil Plc, Mr. Femi Otedola; Chairman, UBA Group & Heirs Holdings, Tony Elumelu; President, Dangote Group, Alhaji Aliko Dangote; at Fidelity Bank’s End of Year party with the theme, ‘Doing Good’, in Lagos at the weekend. Over the weekend, …

Read More »

Forex: CBN opens December sale with $210m

In its first intervention in the foreign exchange market for the month of December, the Central Bank of Nigeria (CBN) on Tuesday, December 4, 2018 injected the sum of $210 million in the inter-bank foreign exchange market. Authorised dealers in the wholesale segment of the market, in Monday’s sales, received …

Read More »