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...
Dangote Petroleum Refinery is sourcing between 30% and 40% of its crude oil from overseas despite Nigeria producing about 1.6...
MTN Group is considering banking licences in selected African markets as the telecommunications giant moves deeper into lending and seeks...
Zenith Bank Plc has outlined strategies to accelerate Nigeria’s non-oil export growth with increased local processing, stronger trade financing and...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, traded at N1,400 on...
Fidelity Bank Plc came under renewed selling pressure on Monday after its share price declined 6 percent, making it one...
Ghana Extends COVID-19 Lockdown Ghana will extend a lockdown on the country’s two main regions for one week to help contain the spread of coronavirus, the...
COVID-19: Africa’s Cases Rise More Than 11,900 Says WHO The total number of infected Africans rose more than 11,900 on Friday, according to the World Health...
Equity Market Sustains Positive Performance, Gains N162bn Transactions on the Nigerian stock market on Thursday sustained its positive performance, as market capitialisation appreciated by N162bn, extending...
US Fed Announces $2.3trn New Loans to Support Businesses The US Federal Reserve on Thursday announced a new $2.3 trillion loan to support business activities and...
Lockdown Effective Says Ramaphosa as Infection Rate Slows President Cyril Ramaphosa has said the ongoing lockdown in South Africa is effective as the rate of spread...
OPEC Reduces Nigeria’s Quota to 1.4mbpd The Organisation of the Petroleum Exporting Countries (OPEC) decision to reduce crude oil production by 10 million barrels per day...
COVID-19: Could Plunge Africa into $75bn Funding Hole -Goldman Goldman Sachs Group Inc had said the present global pandemic could plunge African continent into funding hole...
COVID-19: Confirmed Cases Rise to 288 in Nigeria The number of confirmed cases rose by 14 in Nigeria on Thursday, according to the Nigeria Centre for...
Russia, Saudi Record Cuts Fail to Lift Oil Prices The globally anticipated meeting between giants oil producers, Saudi Arabia and Russia, failed to lift oil prices...
COVID-19: 16.8m Americans File for Unemployment Benefits in 3 Weeks Global pandemic continues to hurt American jobs as more than 6 million people filed for unemployment...
