Category : Search result: capital flight


Presco Plans ₦23.7 Billion Rights Issue for Expansion

Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.

Sola Oni at 65: Legacy of Integrity and Impact

Explore the remarkable journey of Sola Oni - stockbroker, journalist, and corporate communications expert whose 65 years embody integrity, intellect, and transformative impact across Nigerian media and finance sectors.

Bomb Threat Grounds Delta Flight at NY Airport

Chaos erupted at a major New York airport as a bomb threat forced emergency evacuation of Delta Air Lines flight. All passengers removed from aircraft as security sweeps conducted.

Man jailed for assaulting girl on BA flight

A shocking incident aboard a British Airways flight has led to the imprisonment of a married man who assaulted a 12-year-old girl, claiming he confused her with his wife during the journey.

Starbucks Sells China Control to Boyu Capital

Global coffee giant Starbucks transfers control of its China operations to Boyu Capital consortium in groundbreaking $1.6 billion deal that reshapes Asian retail landscape.

VFD Group Q3 Earnings Soar to N60.7 Billion

VFD Group's disciplined financial strategy yields impressive results as Q3 2023 gross earnings hit N60.7 billion, showcasing remarkable growth in Nigeria's investment landscape.

JetBlue Plane Plunges: 15 Injured, Pilot Mayday Call

Chaos erupted aboard a JetBlue flight when the aircraft suddenly lost altitude over the US, leaving 15 passengers injured while air traffic control recorded the pilot's urgent pleas for assistance.

Fire Destroys Store at Jabi Lake Mall Abuja

A devastating fire outbreak at Jabi Lake Mall in Abuja destroyed a popular retail store, but swift emergency response prevented catastrophe. No casualties reported as investigations begin.

Plus-size model body-shamed during first-class flight

A Nigerian plus-size model shares her shocking experience of alleged body-shaming by a flight attendant during a first-class flight with her young son. The incident has sparked outrage and discussions about passenger treatment.

Wike's Aide Claps Back Over Dubai Trip Criticism

Lere Olayinka, media aide to Nyesom Wike, claps back at critics questioning his principal's decision to bring his sons to an official engagement in Dubai. Read the fiery response that's got Nigerians talking!

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