Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised minimum...
The Minister of Finance, Wale Edun, has announced that federal government revenue from the oil sector increased from 11% in 2023 to 30% in the first...
Nigeria’s Finance Minister, Wale Edun, has said the country’s debt service to revenue ratio has decreased from 97% in 2023 to 68% in 2024. Addressing journalists...
Senator Ifeanyi Ubah of Anambra South and a prominent figure in the All Progressives Congress (APC) has tragically passed away in a London hotel, just two...
Oando PLC, Nigeria’s leading energy solutions provider, has firmly denied recent allegations claiming it holds interests in a Maltese oil storage facility, Ras Hansir Oil Terminal...
Transcorp Power Plc, a leading power subsidiary of the Transcorp Group, has reported a 214% increase in profit before tax (PBT) from N16.2 billion recorded in...
Oando PLC, Nigeria’s foremost indigenous energy solutions provider, has announced that the Nigerian Government has approved its acquisition of 100% of the shares of Nigerian Agip...
Dangote Cement PLC, Africa’s largest cement producer, has announced profit after tax (PAT) of ₦189.9 billion for the first half of 2024. This represents a notable...
Guinness Nigeria Plc has reported a loss of N54.77 billion for the financial year ending June 30, 2024. This represents a 201% increase compared to the...
The Nigerian stock market experienced a downturn in the week ending Friday, July 26, 2024 as a result of a recent decision by the Central Bank...
