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...
Real GDP Growth Per Capita to Contract by 7.4% in Africa’s Oil Nations The International Monetary Fund (IMF) on Tuesday said COVID-19 economic implications, both in...
Naira Slides Against US Dollar on I&E Fx Window Naira declined against the United States dollar on the Investors and Exporters’ forex window on Tuesday. The...
Insider Dealing: Excelsior Purchased Another 1.8m share in Flour Mills Excelsior Shipping Limited, one of the largest shareholders of Flour Mills, has purchased another 1.8 million...
Oando, Oilserv to Construct Ajaokuta-Kaduna Portion of AKK Project Oando Plc has partnered Oilserve Limited to construct a 303.4km linear pipeline system for the Ajaokuta to...
Conoil Profit Before Tax Depreciated by 20 Percent in Q1 2020 Conoil Plc, Nigeria’s indigenous oil marketing company, on Tuesday declared a 20 percent declined in...
BUA Cement, Dangote Cement, Cadbury Drag Stock Exchange Down The Nigerian Stock Exchange resumed bearish trend on Tuesday after rebounding for a day on Monday. Broad-based...
FMDQ Group Admits Dangote N100bn Bond, MTN N100bn Commercial Paper The FMDQ Group has said the admission of both the N100 billion Dangote Cement bond and...
Despite COVID-19, Ethiopian Airlines Stay Afloat Africa’s largest airline, Ethiopian Airlines, manages to stay afloat during the peak of COVID-19 pandemic, Tewolde Gebre-Mariam, the airline CEO,...
South Africa’s Economy Contracts in Q1, 2020 South Africa, Africa’s second-largest economy, contracted in the first quarter amid a broad-based decline across key sectors. According to...
UK Suffers 2.2 percent Economic Contraction in Q1 2020 The United Kingdom economy contracted by the most since 1979 in the first quarter of the year,...
