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...
NSE Sustains Bearish Trend, Dips 0.22% On Wednesday The Nigerian Stock Exchange (NSE) on Wednesday declined further as investors continue to let go of their positions...
Dangote Cement Reports 48.63% Drop in Profit for 2019 Dangote Cement on Wednesday announced 48.63 percent declined in profit after tax for the financial year ended...
ADM Energy to Acquire Additional Stake in Lagos Oilfield ADM Energy Plc announced it has entered into a sale and purchase agreement with EER(Colobus) Nigeria Limited...
Shoprite to Sell Property to Pay for Online Store Upgrades Shoprite Holdings Limited, Africa’s biggest grocer, announced it would be letting go of some properties to...
Oil Price Dips to $51.2 as Coronavirus Spreads Outside China Global oil price declined from $57.97 a barrel recorded on Tuesday following the continuous spread of...
Konga Plans to Hit $10m Daily Turnover by 2024 Konga, an online e-commerce giant based in Nigeria, on Tuesday disclosed it has perfected plans to attain...
Smugglers Used Caskets, Gas Cylinders to Smuggle Rice into Nigeria Smugglers of contraband items have devised a new means of beating Nigeria Customs Service, according to...
Ecobank Drags Sahara Group to Court Over N3.3bn Debt Ecobank Nigeria Limited on Tuesday dragged one of the nation’s leading oil companies, Sahara Group Limited to...
Wealthy Nigerians Evade Tax the Most -Agusto Mr Bode Agusto, the Director-General, Budget Office, on Tuesday said wealthy Nigerians are the nation’s largest tax evaders. August,...
Oil Firms Flared Gas Worth N128bn in 11 Months The Nigerian National Petroleum Corporation (NNPC) said oil and gas companies operating in Nigeria flared a total...
