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...
Estimated Billing: NERC Caps DisCos Limits To better regulate electricity billing methodology for unmetered customers, the Nigerian Electricity Regulatory Commission (NERC) has capped estimated billing that...
FG Partners Westron Properties to Build Seaport in Ijegun The Federal Government has partnered Westron Properties, an engineering and maritime investment company, to build a seaport...
Coronavirus: Asia-Pacific Carriers to Lose $27.8bn to Disruption The International Air Transport Association (IATA) has said global carriers in the Asia Pacific region would incur $27.8...
Oil Prices Slump on Monday as Coronavirus Spreads Crude oil prices fell on Monday as global investors and businesses fear the rising number of coronavirus victims...
Nigeria’s Economy Expands by 2.55% in Q4 2019 Nigeria’s economy grew by 2.55 percent year-on-year in the final quarter of 2019 in real terms, according to...
Shopify Joins Libra Despite PayPal, Others Pulling Out Shopify Inc, an online commerce company with head office in Canada, has announced its decision to join the...
Dangote Buys 3,500 Trucks from Enugu-based Automaker Transit Support Services Limited, an Enugu-based automaker, said Dangote Group has signed a long-term agreement with the company for...
Foreign Reserves Slip Further to $36.7bn The nation’s foreign reserves declined further in the month of February from $37.37 billion previously reported on this medium to...
Coronavirus: A Risk to Global Economy in 2020 – IMF The rising number of coronavirus victims and the affected nations would slow down growth in 2020...
CBN Clarifies Position on Domiciliary Accounts The Central Bank of Nigeria (CBN) has refuted a widely published report that it had banned the acceptance of foreign...
