DANGOTE URGED TO BE CONSIDERATE IN PETROL PRICING
September 06, 2024

DANGOTE URGED TO BE CONSIDERATE IN PETROL PRICING

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...

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UNITED CAPITAL TRUSTEES APPOINTS NEW CEO
September 06, 2024

UNITED CAPITAL TRUSTEES APPOINTS NEW CEO

- 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 TO ACQUIRE RIVAL FRONTIER COMMUNICATIONS IN $20 BILLION DEAL
September 05, 2024

VERIZON TO ACQUIRE RIVAL FRONTIER COMMUNICATIONS IN $20 BILLION DEAL

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...

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