Fidelity Bank PLC has launched a rights issue, offering 10 billion ordinary shares of 50 kobo each at N9.75 per share and an additional 3.2 billion...
Global Credit Rating Company Limited (GCR) is pleased to announce that Moody’s Corporation (NYSE: MCO) has increased its stake in GCR to 100%, following a 51%...
Nigeria’s liquefied natural gas (LNG) export industry is facing significant challenges as feedstock shortages have led to a 13 percent decline in exports. According to the...
Nigerian Deposit Money Banks borrowed N5.38 trillion from the Central Bank of Nigeria (CBN) in the first five days of July 2024. This was a 245...
Oil prices remained largely unchanged as investors closely monitored potential energy supply disruptions due to the largest ports in Texas shutting down in anticipation of Tropical...
Last week, the Nigerian equity market experienced a significant setback, losing N178 billion despite improved activity in the financial services sector. This decline comes as the...
The Nigerian government generated N78.95 billion from the N50 levy imposed on electronic bank transfers in the first five months of 2024. This revenue collection revealed...
Access Holdings Plc has received approval from the Securities and Exchange Commission (SEC) to proceed with its N351 billion rights issue capital raising programme. The approval,...
MTN Nigeria Communications Plc has announced a significant contribution of N549.3 billion in taxes and levies to the Nigerian government for the year 2023. This milestone,...
Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), announced plans to slow down the increases in the benchmark interest rate once inflation is...