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 African Business Confidence Drops Economic recession, growing global uncertainty and low foreign direct investment have started hurting business confidence in Africa’s second-largest economy South Africa....
Dangote Adds Crude Oil Production to Growing Empire Aliko Dangote, Africa’s richest man, will start crude oil production later this year from two assets he acquired...
Ondo Industrial Park to Create 120,00 Jobs -CEO Mr. Femi Akinkuebi, the Chief Executive Officer and General Manager, Ore Industrial Park, Ondo State, has said the...
Nigeria Spends N1.7trn on Petrol Importation in 2019 The total amount spent on petrol importation in 2019 declined by 42 per cent from N2.95 trillion recorded...
Capital Importation Declines by 32.42% in Q4, 2019 The total value of capital imported into Nigeria in the fourth quarter of 2019 declined by 32.42 percent...
FSI Promotes Innovative Payment Solutions to Curb Fraud The Financial Services Innovators (FSI) has expressed its commitment towards deepening financial inclusion in the country by providing...
NSE Extends Decline on Tuesday, Loses N656bn The Nigerian Stock Exchange (NSE) declined further on Tuesday as investors sold off their positions amid growing global uncertainty....
Naira Falls Against US Dollar to N366/$ Following the continuous fall in the price of crude oil below the Federal Government benchmark for the year, market...
Edo State to Raise Capital from Stock Market Godwin Obaseki, the governor of Edo State on Monday announced the state might be coming to the Nigerian...
Coronavirus: Turkish Airlines Cancels Flights to Nigeria Turkish Airlines on Tuesday announced it has canceled all flight operations to and from Nigeria, Africa’s largest economy. The...
