BUSINESS UPDATES

EFCC To Arraign Businessman Cletus Ibeto Over Alleged N4.8bn Fraud

A copy of the charge, which was signed in April 2023 by the EFCC's Head of Legal, Gbolahan Latona, was obtained by Overtnews.

BUA Announces Price Reduction Of Cement Its For N3,500 Per Bag

The company said in a statement that Nigerians can begin to enjoy the benefits of the price reduction before the completion of its plants.

Fuel Subsidy: It’s an Organized Crime – Obi Cries Out

Peter Obi, the standard bearer of the Labour Party in the general election of 2023, has said that the fuel subsidy is an organised crime.

Oil Extends Rally As Supply Fears Build, Dollar Holds Strength

News that troubled Chinese developer Evergrande suspended trading in its Hong Kong-listed shares added...

CBN Governor-designate Cardoso, Deputies Confirmed

Cardoso alongside his deputies including Emem Nnana Usoro, Muhammad Sani Abdullahi Dattijo, Philip Ikeazor, and Bala Bello were...

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