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...
Adesina Wins African Person Award 2019 The President of African Development Bank, Mr Akinwumi Adesina, has won the African Person of the year award organised by...
AfDB to Create 9m Jobs in 5 years Dr Akinwumi Adesina, the President, African Development Bank (AfDB), on Saturday said the lender is working on a...
Manufacturing Sector Expands at Slower Pace in February The Nigerian manufacturing sector grew at a slower pace in the month of February, according to a recent...
Ardova Plc Reports N3.92bn Profit for 2019 Ardova Plc formerly known as Forte Oil Plc reported N3.915 billion profit after tax for the financial year ended...
MTN Nigeria Grows Mobile Subscribers by 6.1m in 2019 MTN Nigeria Communications Plc, Africa’s largest communications services provider, grew mobile subscribers by 6.1 million to 64.3...
UBA Reports N89.09bn Profit for 2019 Financial Year The United Bank for Africa Plc on Friday reported an impressive profit before tax of N111.287 billion for...
NSE Sheds 9.11% in February as Investors Sell Off Positions The Nigerian Stock Exchange (NSE) depreciated by 9.11 percent in the month of February as investors...
Coronavirus: Oil Plunges to $48 as Global Risk Surges Oil price plunged to $48 a barrel on Friday as the world struggles with coronavirus outbreak. Brent...
Coronavirus: Maersk Revenue Could Dip as Much as 30% – Sea-Intelligence Maersk revenue could decline as much as 30 percent as coronavirus bites, the Sea-Intelligence, a...
Coronavirus: Economic Implications as Nigeria Battles First Case Nigeria, Africa’s largest economy, on Thursday reports the very first case of Coronavirus despite the Federal Government disbursing...
