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...
Wema Bank Grows Profit to N4.4bn in 2019 Wema Bank Plc grew profit after tax to N4.406 billion in the period ended 31, December 2019, according...
FCMB Announces N17.7bn Profit for 2019 First City Monument Bank (FCMB), one of Nigeria’s leading lenders, reported a profit after tax of N17.72 billion, up from...
Abacha Loot: US, Island of Jersey to Pay Nigeria $318m The United States of America and the Island of Jersey will paid Nigeria $318,460,329 stashed away...
FG to Ensure 70% broadband Penetration by 2025 The Federal Government has reaffirmed its commitment to broad internet penetration by 2025. The Minister of Communications and...
FIRS to Tax Roadside Sellers, Traders Federal Government is currently contemplating taxing roadside traders and sellers in the informal sector to promote accountability and good governance....
Lagos Debt to Revenue Hits 813.41% -FRC Lagos State, Nigeria’s commercial capital, total debt to revenue in 12 months rose over 800 percent, according to a...
Oil Prices Surge Amid Reports of Coronavirus Drug Global oil prices surged by almost 4 percent on Wednesday following media reports that scientists have developed drugs...
Coronavirus: Airbus Closes Facility in China Airbus, world’s largest airliner manufacturer, on Wednesday announced it has closed production facility in Tianjin due to Coronavirus outbreak. In...
FG to Stop Fish Importation by 2022 In a bid to encourage local production, the Minister of Agriculture and Rural Development, Sabo Nanono, has said the...
FG Seeks Approval for $17bn Loan from China President Muhammadu Buhari led administration on Tuesday defended why the Federal Government needs $29.96 billion loan. According to...
