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...
Bitcoin Drops Below $10,000 a Coin as China Cut Lending Rate The world’s most dominant cryptocurrency Bitcoin dropped $10,495 a coin it traded a week ago...
Crude Oil Rises as China Moves to Boost Economy Global oil prices rose on Thursday to a month-high following China’s decision to stimulate its falling economy...
DisCos: FG May Revoke Licenses The Minister of Power, Saleh Mamman, on Wednesday, blamed the Power Distribution Companies (DisCos) for poor electricity supply in the country....
ECA Drops to $71.8m in One Month Excess Crude Account (ECA) declined from $324.96 million to $71.81 million in one single month just as foreign reserves...
NCS Onne Command to Surpass N140.2bn Revenue Target Onne Customs Command has joined the list of commands promising to surpass 2020 targets. The command declared on...
NIMASA to Commence Online Ship Registration In a bid to improve ease of doing business in the maritime sector, the Nigerian Maritime Administration and Safety Agency...
FG to Achieve 17% Tax to GDP Ratio by 2023 The Federal Inland Revenue Service (FIRS) has said the service will achieve its target of 17...
Nigeria to Exhaust Oil Reserves in 49 years -DPR The Nigerian crude oil reserves of 37 billion barrels will run dry in 49 years at the...
NSE Closes in the Red on Wednesday, Investors Lose N9.14bn The Nigerian Stock Exchange closed in the red on Wednesday as weak sentiment persists amid sell...
Nigerian Breweries Reports 17% Drop in PAT in 2019 The Nigerian Breweries Plc reported a 17 percent or N3.3 billion dropped in Profit After Tax (PAT)...
