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...
Kenya, Ethiopia Report First Case of Coronavirus Kenya and Ethiopia, the two East African nations, reported their very first cases of Coronavirus on Friday after some...
Japanese Government Builds N26m Rice Mill in Edo In an effort to facilitate rice production in Edo State, the Japanese Government has donated a rice mill...
External Challenges Reinforce Importance of Diversification -Buhari President Muhammadu Buhari on Wednesday said the current low oil prices due to coronavirus and global uncertainty only reinforce...
Nigerian Stock Exchange Loses 3.35% on Thursday The Nigerian Stock Exchange (NSE) declined further on Thursday as investors continue to close their positions amid growing global...
All Registered Bureau De Change Operators in Nigeria Below is a complete list of CBN registered Bureau De Changes and their contacts in Nigeria. Bureau De...
CBN Says No to Naira Devaluation, Blames Speculators The Central Bank of Nigeria (CBN) on Thursday said the available fundamentals do not support naira devaluation at...
Coronavirus: Dangote Loses $107m on Thursday The total net worth of Aliko Dangote, Africa’s richest man, declined by $107 million or N32.853 billion (using the exchange...
Jeff Bezos, Others Lose Over $78bn on Thursday Fear of fast-spreading coronavirus erased over $78 billion from the total net worth of the world’s 20 richest...
Naira Exchanges at N410 Per Dollar on Thursday The Nigerian Naira declined against the US dollar on the parallel market on Thursday as businesses fear the...
JPMorgan Projects 10% Naira Devaluation by Q2, 2020 Analysts from global investment bank JPMorgan on Wednesday predicted that the Central Bank of Nigeria (CBN) would devalue...
