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...
Low Oil Prices to Pressure Naira – Report The weak oil prices and rising economic uncertainty will pressure the Nigerian Naira as Africa’s largest economy struggles...
IMF to Discuss Nigeria’s $3.4bn Loan Request The International Monetary Fund (IMF) has said its executive board would delegate on the new loan request from Nigeria,...
NLC Says Most Vulnerable Yet to Receive Relief Items The Nigeria Labour Congress (NLC) on Tuesday said the most vulnerable and the indigent in Lagos have...
Stock Market Closes Higher on Tuesday The Nigerian Stock Exchange closed higher on Tuesday as blue-chip stocks rebounded from Monday decline. The gauge of performance, the...
Stocks, Oil Close Lower as Volatility Returns Market volatility ruled global financial markets on Tuesday as stocks and crude oil closed lower. The S&P 500 Index...
FAAC Shared N647.35bn in February 2020 The Federation Account Allocation Committee (FAAC) shared a total sum of N647.35 billion from the revenue generated in January 2020...
Nigerian Economy May Contract by 3.4% Without Stimulus – Ahmed Nigeria, Africa’s largest economy and the most populous black nation, may plunge into an economic recession...
FBNH Grows Profit After Tax to N74bn in 2019 FBN Holdings Plc grew profit after tax by 26 percent from N58.232 billion posted in 2018 to...
Lafarge Africa Reports N15.517bn Profit in 2019 Lafarge Africa Plc has reported a N15.517 billion profit after tax from continuing operations. The company declared a gross...
Paypal Waives Chargeback Fees, Extends Resolution Period Paypal Holdings, Inc has joined the list of companies waiving charges to ease the burden of the global pandemic...
