Banking stocks continued to command investor attention on the Nigerian Exchange (NGX) on Wednesday, reinforcing the financial services sector’s position as the market’s preferred destination for...
First HoldCo Plc strengthened its position as one of the Nigerian Exchange’s (NGX) most actively traded equities on Wednesday after investors exchanged shares worth more than...
The Nigerian Exchange (NGX) extended its downward trend on Wednesday as the benchmark All-Share Index (ASI) declined 0.17 percent to close at 238,682.92 points, while equity...
Sustainable Capital Limited has exited Seplat Energy Plc after selling its remaining 36.7 million shares, bringing its voting rights in the energy company to zero. Seplat...
The Federal Government is preparing for the reconstruction of the Benin Bypass in Edo State following a directive from President Bola Tinubu to address the deteriorating...
Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies across Africa as it expands its...
Dangote Petroleum Refinery has said it sometimes pays more for Nigerian crude oil than comparable imported supplies despite operating in Africa’s largest crude-producing country. Edwin Devakumar,...
Dangote Petroleum Refinery is sourcing between 30% and 40% of its crude oil from overseas despite Nigeria producing about 1.6 million barrels per day. David Bird,...
MTN Group is considering banking licences in selected African markets as the telecommunications giant moves deeper into lending and seeks new sources of growth beyond its...
Oil prices fell more than $2 a barrel on Wednesday as renewed talks between Iran and Oman raised expectations that shipping restrictions through the Strait of...