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...
Government Revenue Deficit Stood at N1.46 Trillion in Q1 2020 Federal Government revenue collection declined by 36 percent or N1.46 trillion below its quarterly target for...
Oil Caps Gain as US Oil Inventories Rises Than Expected Last Week Oil prices halted its bullish run on Wednesday after data from a group known...
Elumelu Buys Another 6.98m shares from UBA The Chairman of United Bank for Africa Plc, Mr. Tony O. Elumelu, on Tuesday bought another 6,980,426 ordinary shares...
Insider Dealings: Sterling Bank Directors Buy 18,896,605 Shares Sterling Bank Plc on Tuesday announced that its four executive directors purchased total shares of 18,896,605 between July...
Stock Market Closed in the Red Again Despite MTN, NB Gaining The Nigerian Stock Exchange closed in the red again on Tuesday despite MTN Nigeria, Nigerian...
Jeff Bezos Earns Dangote’s Entire $13bn Net Worth in a Single Day Jeff Bezos, the world’s richest man and founder of the popular e-commerce company Amazon...
Sub-Saharan African Economy Outlook is Negative, to Contract by 2.1% in 2020 Fitch Ratings has predicted that growth in the Sub-Saharan African region would contract by...
Unilever Declares N1.6bn Decline in Profit After Tax for Q2, 2020 Unilever Nigeria Plc on Monday reported -N1.633 billion profit after tax for the quarter ended...
Tony Elumelu Purchases 62,643,500 UBA Shares United Bank for Africa Plc on Monday announced that Tony O. Elumelu, Chairman, UBA, and Heirs Holding Limited, purchased 62,643,500...
Foreign Reserves Drop to $36.1 Billion in Almost Two Months Foreign reserves declined with falling revenue generation and weak oil prices in the month of July,...
