Nigeria could double investment flowing into its energy sector within the next five years as global supply disruptions increase demand...
Dangote Petroleum Refinery could open its long-awaited initial public offering within the next 10 to 12 days as billionaire industrialist...
Exchange-traded funds (ETFs) extended their positive momentum on the Nigerian Exchange (NGX) on Thursday as NEWGOLD ETF and SIAMLETF40 recorded...
The insurance sector’s recent rally lost momentum on the Nigerian Exchange (NGX) on Thursday as Sovereign Trust Insurance Plc retreated...
UBA Plc emerged as the Nigerian Exchange’s (NGX) most actively traded stock on Thursday, displacing Access Holdings Plc after investors...
Seplat Energy Plc spearheaded Thursday’s advance on the Nigerian Exchange (NGX) after investors drove the stock to its 10 percent...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on...
President Bola Tinubu’s economic reforms are strengthening investor confidence and creating conditions for large-scale industrial investments in Nigeria, according to...
Wall Street stocks rebounded on Wednesday, snapping a three-day losing streak as investors returned to equities despite elevated oil prices...
The Nigerian Exchange (NGX) sustained its upward momentum on Monday as strong investor demand across equities and exchange-traded products lifted key market indicators despite pockets of...
Swiss-Belhotel International has entered a new phase of its Africa growth strategy with the signing of a management agreement for The Gama by Swiss-Belhotel in Nairobi....
The Nigerian Naira continued to trade under moderate pressure in the informal foreign exchange market on Tuesday as January demand for foreign currency remained strong across...
Nigeria’s downstream fuel market is undergoing a structural shift as independent petroleum marketers increasingly source Premium Motor Spirit (PMS) directly from the Dangote Refinery as they...
Presco Plc has notified the Nigerian Exchange Limited, shareholders and stakeholders of changes to the composition of its Board of Directors, including the appointment of a...
Competition in Nigeria’s downstream petroleum market has intensified with fuel marketers cutting petrol pump prices below the ₦739 per litre benchmark associated with supplies from the...
FilmOne Entertainment has confirmed that Behind The Scenes has emerged as the highest-grossing Nollywood film of all time. In a market update released on Monday, FilmOne...
Eterna Plc has secured regulatory approval to proceed with a Rights Issue of 978,108,485 ordinary shares of 50 kobo each at an offer price of ₦22.00...
Crude oil production by members of the Organization of the Petroleum Exporting Countries (OPEC) fell by 100,000 barrels per day (bpd) in December as supply declines...
Major international oil companies have cautioned that Venezuela remains commercially and legally uninvestible despite renewed pressure from the White House to accelerate foreign capital inflows into...
