KEY POINTS Otedola says Obasanjo yelled at him over diesel shortage. Zenon Petroleum dominated diesel market after deregulation. Diesel deregulation faced internal sabotage, Otedola claims Femi Otedola, a billionaire from …
KEY POINTS Chairman warns developers could forfeit proceeds of crime. Calls for KYC and compliance to curb illicit transactions. EFCC Flags Money Laundering Surge in Nigeria’s Real Estate Sector Chairman …
KEY POINTS Africa received just $30 billion of its $3 trillion climate finance need. Only 18 percent of mitigation and 20 percent of adaptation is funded. AU says climate finance …
KEY POINTS Femi Otedola recounts about how he lost all his money. The crash of oil prices and the drop in the value of the naira in 2008 were terrible …
KEY POINTS Stanbic IBTC’s shares pass the N100 mark. The company sees an 85.6 percent jump in pre-tax profits. Year-to-date returns have surged by 74 percent. Shares of Stanbic IBTC …
KEY POINTS South African rand weakens by 0.2 percent against the dollar. Ministers to update on trade talks with the U.S. today. President Ramaphosa hints at support measures for affected …
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