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...
Nigerians Spend $8bn on Vehicle Importation Annually – Jelani The Director-General, National Automotive Design and Development Council, Jelani Aliyu, said Nigerians spent over $8 billion on...
Currency in Circulation Declined by N61bn in February The total currency in circulation declined by N61 billion from N2.24 trillion in January to N2.18 trillion in...
Oil Rebounds Slightly as Russia Says Doors not Closed to OPEC Global oil prices gained 10 percent on Tuesday after Russia declared doors are not closed...
Vodacom to Reduce Data Costs by Over 30% Vodacom, the largest telecommunication company in South Africa, will reduce data by over 30 percent, according to South...
Nigeria to Struggle Amid low Oil Prices, Weak Reserves President Muhammadu Buhari on Monday sets up a new committee to review the impacts of low oil...
AfDB Approves $200m For Nigeria’s Power Transmission Projects The management of the African Development Bank (AfDB) said it has approved $200 million for the expansion of...
Ganduje Announced Aminu Ado Bayero as the New Emir of Kano Following the decision of Kano State Executive Council to dethrone Emir Muhammad Sanusi II, the state...
Low Oil Prices: Buhari Constitutes Committee to Evaluate Impacts President Muhammadu Buhari on Monday set up a new committee to evaluate possible impacts of falling oil...
NSE Closes in Red on Monday as Market Rout Continues The Nigerian Stock Exchange (NSE) closed in the red on Monday as global rout hit the...
Airtel Africa Acquires 10 MHz Spectrum Airtel Africa Plc, one of the leading telecommunication companies in Africa, said it has acquired 10 new MHz spectrum for...
