Flush with Honeywell cash, Otudeko snaps up record First Bank shares
Oba Otudeko, the chairman of Nigerian conglomerate Honeywell Group, has been identified by multiple sources as the buyer of the...
- Thursday, June 04, 2026
BusinessDay
Oba Otudeko, the chairman of Nigerian conglomerate Honeywell Group, has been identified by multiple sources as the buyer of the...
International Oil Companies (IOCs) in Nigeria will get more naira for their dollar earnings after the Central Bank on Wednesday...
The Central Bank of Nigeria (CBN) has permitted International Oil Companies (IOCs) to resume the sale of US dollars to...
The Central Bank of Nigeria (CBN)’s gaping unsettled foreign exchange backlog owed to local businesses is hurting confidence in its...
The Central Bank of Nigeria (CBN) and the Office of the National Security Adviser (NSA) are silent over transfers totalling...
The Nigerian naira has moved from being overvalued to undervalued following the government’s long-awaited foreign exchange reform, analysts at US-based...
The Central Bank of Nigeria (CBN) made multiple transfers totalling $616 million to the office of the National Security Adviser...
A top-level committee representing the entire federation and chaired by Charles Soludo, Anambra State governor, has held two meetings since...
It’s 2016 all over again in Nigeria. Africa’s biggest economy is once again torn between achieving low interest rates and...
There are at least seven things Nigeria can do to improve dollar liquidity in its foreign exchange market after a...