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...
Ecobank Grows Profit by 28% in 2019 Ecobank Transnational Incorporated (Ecobank) grew profit by 28 percent in the financial year ended December 31, 2019. In the...
CBN Leaves Interest rates Unchanged at 13.5% The Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) on Tuesday left interest rates unchanged despite growing...
COVID-19 Disrupts Manufacturing Sector in March, Growth Slows to Record Low The manufacturing sector expanded at a slower pace in the month of March following a...
COVID-19: Confirmed Cases Rise as Abba Kyari, Three Staff Tested Positive The Chief of Staff to the President, Abba Kyari, tested positive to coronavirus on Monday,...
Oil Rebounds as Fed Announces Unlimited Bond-buying Program Global oil prices rebounded on Tuesday following the Federal Reserves unprecedented stimulus move to curb the impact of...
South Africa Moves to Lockdown as Confirmed Cases Hit 554 South Africa, Africa’s second-largest economy and the nation with the highest confirmed coronavirus cases on the...
Fed Announces Unlimited Bond Buying Program to Support Americans The US Federal Reserve on Monday announced it will commence a bond-buying program to mitigate the impact...
Investors Lose N260bn on Monday as COVID19 Spreads Investors on the trading floor of the Nigerian Stock Exchange lost another N260 billion as market sentiment remains...
Economic Growth Remains Negative for 2020, Expect Recession -IMF The International Monetary Fund (IMF) on Monday said the world should be prepared for a repeat of...
Dangote Cement to Raise Fund from Capital Market The Board of Directors of Dangote Cement Plc has approved the company to raise capital for medium-term debt...
