Nigerian banks increased lending to trade and financial services in the first quarter of 2026 with credit to trade and...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Thursday,...
Gold extended its advance on Thursday as investors looked beyond short-term interest rate expectations and focused instead on a growing...
Banking stocks continued to command investor attention on the Nigerian Exchange (NGX) on Wednesday, reinforcing the financial services sector’s position...
First HoldCo Plc strengthened its position as one of the Nigerian Exchange’s (NGX) most actively traded equities on Wednesday after...
Sustainable Capital Limited has exited Seplat Energy Plc after selling its remaining 36.7 million shares, bringing its voting rights in...
The Federal Government is preparing for the reconstruction of the Benin Bypass in Edo State following a directive from President...
Nigerian fintech company Moniepoint is winding down its UK-based remittance service, MonieWorld, less than 18 months after entering the international...
Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies...
Amazon, founded by Jeff Bezos in 1995, just claimed a major victory by getting regulatory approval to create Kuiper, a planned fleet or constellation of 3,236...
NNPC to Reduce Cost of Crude Oil Production to $10 Per Barrel Mallam Mele Kyari, the Group Managing Director, the Nigerian National Petroleum Corporation (NNPC), has...
11 Plc Post 40% Decline in Profit in Q2 2020 11 Plc, formerly known as Mobil Oil, reported a 13 percent decline in revenue from N92.805...
US GDP Contracts by 32.9% as COVID-19 Halts Activity The US, the world’s largest economy, contracted by 32.9 percent year-on-year in the quarter ended June 2020...
Stock Market Gains N139 Billion this Week The Nigerian Stock Exchange (NSE) closed the week positive despite Guinness, WAPCO and others closing in the red. The...
Kodak Stock Jumps Over 1500%, Here is Why You Should be Careful Shares of Kodak jumped more than 1,500 percent in the last four days following...
Project Eagle: Nigeria Used Oil as Collateral to Borrow $1.5bn Loan from Traders The Federal Government through the Nigerian National Petroleum Corporation (NNPC) has signed a...
Seplat Petroleum Posts 34.2% Drop in Revenue in H1 2020 Seplat Petroleum Development Company Plc, a leading Nigerian independent energy firm, grew revenue to US$234 million...
Ecobank Posts N48.535bn Profit After Tax in Q2 2020 Ecobank Transnational Incorporated grew gross earnings to N392.013 billion during the quarter ended June 30, 2020. This...
COVID-19 Drags Down Barclays’s Profit by 66% in H1, 2020 Barclays Bank, one of British leading banks, on Wednesday said its first half of the year...
