Business

Nov
08
2025
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By Dairy News
CBN Sees Bank Recapitalisation as Key to Unlocking Nigeria’s $1 Trillion Economy

CBN Sees Bank Recapitalisation as Key to Unlocking Nigeria’s $1 Trillion Economy

Breaking, Business, Economy,
The Central Bank of Nigeria (CBN) has emphasized that the ongoing bank recapitalisation exercise is a strategic move to strengthen the country's financial system and position it to achieve its $1 trillion economic ambition by 2030. Speaking at a retreat in Abeokuta, Ogun State, CBN Deputy Governor Philip Ikeazor stated that the recapitalisation policy is designed to equip Nigerian banks to withstand shocks, expand credit to the real sector, and drive inclusive growth. Ikeazor noted that the exercise is a statement of resilience and ambition, aimed at building institutions that can finance infrastructure projects, support innovation, and promote sustainable growth.…
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Oct
22
2025
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By Dairy News
No Casualties, No Chaos: Rhino Homes Blasts Sahara Reporters for Irresponsible Reporting on Ekeoha Centre

No Casualties, No Chaos: Rhino Homes Blasts Sahara Reporters for Irresponsible Reporting on Ekeoha Centre

Breaking, Metro, Opinion, Politics,
Rhino Homes and Properties Limited, the official developer and concessionaire of the Ekeoha Shopping Centre, Aba, has strongly refuted a misleading and sensational publication by Sahara Reporters alleging that “many were feared dead” following a minor props failure at Block D of the ongoing construction site. In a statement issued by the company, Rhino Homes described the report as false, reckless, and grossly unprofessional, noting that no single casualty was recorded during the incident. According to the company, the minor technical issue occurred in one of the sections being handled by a sub-contractor, Van Daniels Construction Company, and was promptly…
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Mar
02
2025
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By Dairy News
Contempt of Court – Merridian Park Estate’s Unlawful Practices and Breach of Contract

Contempt of Court – Merridian Park Estate’s Unlawful Practices and Breach of Contract

Breaking, Metro
By Jude Odinaka, Merridian Park Estate, a subsidiary of Lekki Gardens, has been embroiled in a web of controversy, with multiple allegations of breach of contract, deceitful practices, and poor customer service. This investigation report highlights the case of Hon. Ode and his wife, who fell victim to Merridian Park Estate's unlawful practices, and sheds light on the company's culture of impunity and disregard for clients' rights. Background: The Rise of Merridian Park Estate and Lekki Gardens Merridian Park Estate has been a prominent player in Nigeria's real estate industry for over a decade, offering luxurious homes with top-notch amenities.…
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Sep
14
2024
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By Dairy News
Gov. Otti Invites Lagos Traders Back To Abia State, Promises Security & Business Growth

Gov. Otti Invites Lagos Traders Back To Abia State, Promises Security & Business Growth

Breaking, Economy, Metro,
Governor Alex Chioma Otti OFR has assured leaders and traders of Alaba International Markets, Oyinbo, Ladipo, and United Market Leaders and Traders Association of Nigeria of adequate security measures, a business-friendly atmosphere, and a conducive environment to invest and do business in Abia State. Through his Special Adviser on Trade, Commerce, and Industry, Chief Nwaka Inem, Governor Otti expressed his administration's readiness to create physical infrastructural development and facilities that will serve as a one-stop business hub for investors and traders. https://youtu.be/CqbjrbWDyEQ?si=yEE1qoPXkIG0kYR0 Chief Inem emphasized the state government's commitment to providing a conducive environment for businesses, highlighting initiatives such as…
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Aug
26
2024
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By Dairy News
Telegram CEO Pavel Durov Detained in France Amid Investigation into Platform’s Alleged Ties to Criminal Activity

Telegram CEO Pavel Durov Detained in France Amid Investigation into Platform’s Alleged Ties to Criminal Activity

Breaking, World News
Pavel Durov, the billionaire founder and CEO of messaging app Telegram, was taken into custody at Bourget Airport near Paris on Saturday, according to French news sources TF1 and BFM TV. The arrest was made under a French warrant related to a preliminary investigation into Telegram's suspected involvement in facilitating criminal activities. Durov, a 39-year-old Franco-Russian citizen, was traveling on his private jet from Azerbaijan with a bodyguard and a woman when he was apprehended by the Air Transport Gendarmerie. As of the time of this report, Telegram has not issued an official statement regarding the incident. Similarly, the French…
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