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...
Carbon to Support Startups With $100,000 Fund Carbon, Nigerian based financial technology, has introduced $100,000 Pan-African Disrupt Fund to provide capital for startups across the continent....
Stock Investors Lose N12bn on Tuesday The Nigerian Stock Exchange (NSE) sustained bearish trend for fourth consecutive trading day on Tuesday as the bourse dipped by...
Crude Oil Worth $750m Stolen in 2019 Says NNPC Mallam Mele Kyari, the Group Managing Director, the Nigerian National Petroleum Corporation, on Tuesday said the total...
Jeff Bezos Establishes $10bn Earth Fund to Fight Climate Change Jeff Bezos, the world’s richest man and founder of Amazon Inc., on Tuesday announced on his...
Nigerian Stock Exchange Depreciates 1.11% The Nigerian Stock Exchange depreciated by 1.11 percent to close the week in the red as sell pressure weighed on the...
Airtel Africa Sells 2.2bn Shares in Malawi IPO Airtel Africa Plc on Friday announced it sold a total share of 2,200,000,000 during its Initial Public Offer...
Foreign Reserves Drop to $37.37bn The nation’s foreign reserves dropped from $38.535 billion recorded on January 2, 2020 to $37.37 billion, representing a decline of $1.16...
OPEC Lowers Oil Demand by 230,000bpd Following Coronavirus outbreak that disrupted global business activities and Chinese economic situation, the Organisation of Petroleum Exporting Countries (OPEC) has...
Tin Can Customs Target N47.4bn Monthly Revenue Tin Can Island Command has announced it is working towards N540 bilion revenue in 2020, putting its monthly revenue...
FG Discovers One Billion Barrels of Oil in North East The Federal Government has discovered one billion barrels of untapped crude oil in the North East...
