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...
Stock Investors Lose Another N52.1b as NSE Extends Decline Nigerian stock investors on Tuesday recorded another loss as the Nigerian Stock Exchange (NSE) declined by N52.1...
Non-Performing Loans: Lenders Recover 34% of Bad Debt from ICT Nigerian lenders have started recoverying non-performing loan from telecommunication companies, according to a recent report from...
Banks Reconfigured ATM to Dispense Less Cash – Customers Banks’ customers across the country are complaining of banks’ new modus operandi of reconfiguring Automated Teller Machines...
Nigerian Stock Market Loses N160 on Monday The Nigerian Stock Exchange (NSE) loss N160 billion on Monday following weeks of positive run. The NSE All-Share Index...
N2.44trn Currency in Circulation in 2019 The total currency in circulation grew from N2.2 trillion in the month of November to N2.44 trillion in December 2019,...
124.2m Nigerians Living in Poverty Rising poverty amid high unemployment rate and weak new job creation continues to dictate economic prospect of Africa’s largest economy, Nigeria....
Manufacturing Sector Expands at Slower Rate in January Nigeria’s manufacturing activity expanded at a slower rate in the month of January, according to the Central Bank...
NSE Announces Growth Board for SMEs The Nigerian Stock Exchange (NSE) has launched a new index for Small and Medium Enterprises (SMEs), stated the Chief Executive...
Chinese Stocks Plunge to Record-Low Amid Coronavirus Chinese stocks plunged 9.1 percent on Monday to make the worst opening in almost 13 years as investors fear...
Shell Nigeria Output Hits Five-Year High Global oil Giant, Royal Dutch Shell, on Thursday announced that its total oil production in Nigeria grew to a five-year...
