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...
South Africa Cuts Interest Rate to 5.25% as Coronavirus Worsen Recession South Africa, the second-largest economy in Africa, on Thursday lowered the interest rate by the...
Coronavirus: Four More Cases Reported in Lagos Lagos State Government has announced four more cases of coronavirus after reporting five cases on Wednesday. The state government...
Marketers Say They Can’t Sell Petrol at N125/litre The Nigerian private marketers said it was impossible to sell Premium Motor Spirit popularly known as petrol at...
Lagos Shuts Schools as Coronavirus Spreads Lagos State Government on Thursday announced the closure of all public and private schools in the state from Monday 23rd...
Trump Seeks Approval for $1trn Stimulus Package In an effort to curb the impact of coronavirus on the world’s largest economy, the United States of America,...
Facebook Announces $100m Grants, Ad Credits for SMEs Facebook Inc, the world’s leading social media giant, announced it would offer grants and ad credits worth $100...
Arik Halts Flights to Senegal, Others Following the footsteps of other global airlines to curb fast-spreading coronavirus, the Arik Air on Wednesday announced it has suspended...
NNPC Finally Lowers Petrol Pumping Price to N125 The Nigerian National Petroleum Corporation (NNPC) on Wednesday announced it has reduced petrol price from N145 per litre...
AfDB Suspends Beulah Universal, Bluestream Systems for Fraud African Development Bank (AfDB) said it has suspended two Nigerian companies, Beulah Universal Link Resources Limited and Bluestream...
FG Reduces Budget by N1.5trn, Removes Subsidy The Federal Government on Wednesday reduced the nation’s budget for the year by N1.5 trillion as part of measures...
