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...
FG to Spend N457bn Subsidy on Other Sectors -NNPC Mele Kyari, the Group Managing Director, the Nigerian National Petroleum Corporation (NNPC) has said the Federal Government...
IMF Says the World May Face Worst Economic Fallout in Century The International Monetary Fund (IMF) once again has reiterated that the world may plunge into...
COVID-19: Almost 2,000 Patients Died in USA in One Day The fast-spreading coronavirus continues to hurt the world’s largest economy as almost 2,000 patients died for...
FG to Release 2,600 Prisoners to Decongest Prison Facilities In an effort to decongest prison facilities amid rising cases of coronavirus in Nigeria, the Federal Government...
Stock Market Sustains Bullish Trend on Thursday The Nigerian Stock Exchange (NSE) grew by N77 billion on Thursday as market sentiment remained positive. The NSE All-Share...
FG Cuts 2020 Budget as COVID-19 Bites The Federal Government has forwarded the revised 2020 budget to the National Assembly, lowering initial costs to accommodate changes...
Jack Ma Launches $1.5m ‘Africa’s Business Heroes’ The Jack Ma Foundation on Tuesday announced the launching of the second edition of Africa’s Business Heroes (ABH) prize...
World Bank Donates $82m to Nigeria The World Bank Group through the World Bank’s Regional Disease Surveillance Systems Enhancement Project has made available $82 million to...
Ethiopian Declares State of Emergency The fast-spreading COVID-19 has hits Ethiopian like other African nations, forcing Prime Minister Abiy Ahmed to declare a state of emergency...
COVID-19: Nigeria Loses More Than N20bn in 7 Days The Federal Government has lost more than N20 billion in the last 7 days, according to Dr....
