Global investors are encouraged to buy naira assets barely two months after the Central Bank of Nigeria introduced forex flexibility policy. Most of the investors that...
Oil extended its retreat from a seven-week high and Asian energy shares declined, while the dollar weakened versus major peers as traders weighed prospects for a...
Sun International Limited is planning to exit the Nigerian market after the South African casino and hotel operator’s earnings in the country plunged amid a weakening...
Midcom Group has announced a $50million retail expansion, growing its Mstore brand from 300 outlets, to 1,300 in 2018 and over 2,000 outlets by 2020, which...
The Minister of Power, Works and Housing, Mr. Babatunde Fashola has stated that the country is losing about 2,000 megawatts of electricity to the attack on...
The proposed communication tax is one tax too many, and may trigger widespread reactions if the bill is eventually passed into law. Although the ‘controversial’ Communication...
The head of Standard Chartered’s African fund, which has $800m invested, is set to leave the bank as it trims its private equity team on the...
The Nigerian Stock Exchange market capitalisation advanced by N54bn to close at N9.552tn from N9.496tn at the close of trading on the Exchange’s floor on Monday....
Oil prices fell nearly 3 percent on Monday as China ramped up exports of refined products, U.S. oil producers added rigs for an eighth consecutive week,...
MTN Group Ltd. started a 9.9 billion rand ($727 million) economic empowerment plan that will boost black ownership of the South African unit to more than...
