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...
Dangote Emerges Africa’s Wealthiest Man for 9th Time Despite the total net worth of Aliko Dangote, the Chairman of Dangote Group, decreasing by $200 million in...
FG Partners US to Build 1,350mw Power Plant The Federal Government through the Nigerian National Petroleum Corporation (NNPC) has partnered the US Trade and Development Agency...
CBN Licenses Six Companies for Milk Importation In an effort to bridge supply gap created by the recent milk policy, the Central Bank of Nigeria has...
VAT Revenue Dips by N530bn in 2019 The total amount generated by the nation from Value Added Tax (VAT) dipped by N530 billion from the N1.7...
CBN to Recycle Bad Naira Notes The Central Bank of Nigeria is presently working on a proposal to recycle bad naira notes against the current practice...
Federal Government to Sign Economic Pact With Italy The Federal Government has agreed to sign a memorandum of understanding with the government of Italy to strengthen...
Mobile Payments Grow by 184% in 2019 Efforts of the Central Bank of Nigeria to encourage cashless policy have started materialising as more Nigerians embraced mobile...
Standard Chartered Invests $3bn in Tech Standard Chartered bank has invested a total sum of $3 billion in innovation and technology to drive digital banking. David...
Business Confidence Surges in February Business managers and experts are projecting better business activities and growth for the month of February. In a business expectations report...
Businesses Identified Unstable Power as Key Constraint for Growth Businesses in Nigeria have identified unstable power supply as key economic constraint. In the Business Outlook Report...
