Allen Onyema: US Court Clears Air Peace Boss of Fraud Charges
The Chief Executive Officer (CEO) of Air Peace, Allen Onyema, has been cleared of business fraud allegations by an Atlanta district court.
The ruling comes...
I generate 15 percent of Nigeria’s electricity — Davido’s dad, Deji Adeleke
Adedeji Adeleke, father of popular singer Davido, has claimed that he generates 15 per cent of Nigeria’s electricity.
The billionaire businessman made the claim while...
Why Dangote Refinery didn’t reduce fuel pump price — Sowunmi
An oil and gas expert, Olabode Sowunmi, told PulseNets that the Dangote Refinery did not begin domestic production of Premium Motor Spirit (Petrol) to...
Onyema: US Government Files Lawsuit Against Air Peace CEO Over Alleged Fraud
The United States government has charged the founder and Chief Executive Officer, CEO of Air Peace, a Nigerian airline, Allen Onyema with obstruction of...
Dangote: Why the Nigerian Government Should Stop Crude-for-Loan Deals
The President of Dangote Group, Aliko Dangote has urged the federal government to end all crude oil for loan deals.
He disclosed on Wednesday at...
Otedola stakes N16bn additional investment in FBN Holdings
The Chairman of FBN Holdings, Femi Otedola, recently acquired a significant stake in the banking group. Otedola purchased 534,094,407 ordinary shares at N30.00 per...
Nigeria Banking Sector Loses N42.6 Billion to Fraud in Just Three Months
Nigerian commercial banks have been hit hard, with a staggering N42.6 billion lost to fraud over just three months, according to a recent PulseNets...
Release Gambaryan, We Want to Settle — Binance Begs Nigerian Govt
Binance Holdings Limited on Tuesday expressed readiness to “settle any alleged past issue” with the Nigerian Government.
To this end, the cryptocurrency trading platform urged...
Dangote Refinery to Roll Out Petrol in 48 Hours
Aliko Dangote, the head of Dangote Refinery, has announced that petrol will be available at his facility within the next 48 hours, PulseNets has...
Naira appreciates against dollar on Monday
The naira appreciated against the dollar at the foreign exchange market to start the week on a positive note.
FMDQ data showed that the Nigerian...