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...
Coronavirus Confirmed in Cameroon Another African nation, Cameroon, has confirmed its first case of coronavirus despite measures to prevent the virus from most African nations struggling...
Oil Price Drops to $47 on Friday as OPEC Awaits Russia Oil price plunged below $50 a barrel on Friday during Asian trading session as OPEC...
Zero Oil Plan to Lift 20m Nigerians Out of Poverty – Awolowo Mr Olusegun Awolowo, the Executive Director/Chief Executive Officer, the Nigeria Export Promotion Council (NEPC),...
Banks Grow Foreign Assets to N14.19trn -CBN The Central Bank of Nigeria (CBN) has said the total net assets of Nigerian banks abroad rose slightly to...
Dangote Pledges N200m to Fight Coronavirus Aliko Dangote, the world’s richest black man, has pledged to donate N200 million through the Aliko Dangote Foundation to the...
Nigeria Struggling to Sell Crude oil as Demand Tumbles Falling global demand for crude oil amid fast-spreading coronavirus has prevented Nigerian oil traders from finding buyers...
Union Bank Grows Profit to N24.4bn in 2019 Union Bank of Nigeria Plc on Thursday reported N24.7 billion profit before tax for the financial year ended...
CBN to Implement Charges on Deposits, Withdrawals April 1 The Central Bank of Nigeria (CBN) will commence nationwide implementation of its cashless policy mandating Nigerians to...
FG to Borrow $22.7 billion as Senate Approves Buhari’s Request The Senate on Thursday approved President Muhammadu Buhari’s request to borrow an additional loan of $22.7...
Stanbic IBTC Reports N75.04bn Profit After Tax for 2019 Stanbic IBTC Holdings Plc announced a profit after tax of N75.045 billion for the financial year ended...
