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 Rand Plunges on Monday as Investors Abandon Assets Rand, the local currency of Africa’s second-largest economy South Africa, plunged by 8 percent following surged...
Emir Sanusi Dethrones on Monday by Ganduje, State Council The Executive Council, Kano State, on Monday voted unanimously to dethrone Emir Muhammad Sanusi II of Kano...
Nigeria Records First Trade Deficit in 4 Years Nigeria’s total trade in the fourth quarter of 2019 stood at N10.120 trillion, according to the National Bureau...
PoS Transactions Decline as Nigerians Shun it Over Charges The Point of Sale terminals experienced a decline of 4.83 billion from 46.13 billion transactions performed in...
Second Coronavirus Case Confirms in Nigeria Osagie Ehanire, the Minister of Health, has confirmed the second case of coronavirus in Africa’s largest population, Nigeria. In the...
Bitcoin Plunges With Other Assets to $7937 The world’s most dominant cryptocurrency on Monday plunged with other global assets to this year’s low. The virtual current...
Oil Prices Decline by 30% on Monday as OPEC Fails to Get Russia Onboard Global oil prices plunged on Monday by 30 percent as the Organisation...
Access Bank Reports N97.5bn in 2019 Access Bank Plc, Nigeria’s largest bank by customer base, on Friday reported a profit after tax of N97.509 billion for...
Nigerian Stock Exchange Returns to Profit This Week The Nigerian Stock Exchange (NSE) closed in the green this week as investors jumped on banks’ stocks amid...
Coronavirus: Global Stock Markets Tumbled on Friday The global stock market succumbed to fast-spreading coronavirus as more cases of the virus are being reported on a...
