Appeal to Alhaji Aliko Dangote: Segun Showunmi, a prominent member of the Peoples Democratic Party (PDP) in Ogun State, has called on Alhaji Aliko Dangote, owner of Dangote Refinery, to prioritize national interest and fairness over profit as the refinery begins local petrol supply.Statement Overvie...
- Service Restoration: Unity Bank Plc has restored its services and resumed the collection of duties for cargoes from licensed customs agents and freight forwarders.- Previous Issues:- Downtime: The bank experienced a system breakdown from September 2, 2024, which prevented agents from capturing jobs and paying customs duties.- Impact: The system issue led to complaints from the Africa Association...
Verizon Communications Inc. has agreed to purchase Frontier Communications Parent Inc. for an enterprise value of $20 billion, marking a significant move in the telecommunications industry. The acquisition, detailed in a joint statement, includes a cash offer of $38.50 per share, representing a 37% premium over Frontier’s last closing price of $28.04. In addition to its equity value, the deal in...
