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 has said it sometimes pays more for Nigerian crude oil than comparable imported supplies despite operating in...
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...
Total Nigeria Reports 103% Declines in Proft Total Nigeria revenue declined by 2.23 percent in the first nine months of the year to N221.835 billion. In...
FEC Changes Name of Ministry of Communications The Federal Executive Council (FEC) on Wednesday approved the proposed change of name for the Ministry of Communications. In...
Nigeria Needs More Revenue Source – Minister Of Finance Insists Contrary to insinuations by experts that the nation’s debt contributes to the headwinds in the economy,...
Manufacturers Losing Over N20bn Annually to Poor Infrastructure – MAN The Manufacturers Association of Nigeria (MAN) has said Nigerian manufacturers are losing over N20 billion annually...
AMCON Recovers N759bn Says CBN A total of N759 billion has been recovered by the Asset Management Corporation of Nigeria (AMCON) as of December 2018. A recent...
USSD Charges: ‘Banks Are Biggest Beneficiaries’, Telcos Insist Telecommunication companies have reacted to the Bank CEO’s statement on alleged double-billing for financial transactions through the Unstructured Supplementary...
Investment Banking Fees Drop 12% in 9 Months in Sub-Saharan Africa – Refinitiv Weak growth in the Sub-Saharan Africa region has started reflecting on investment banking...
FG Takes Over 23 Properties Linked To Maina The Federal Government has been authorised to take over 23 properties linked to the former chairman of the...
Xenophobic Attacks: Again South Africans Attack Foreigners Despite efforts to contain intermittent attacks on Nigerians and other foreign immigrants living in South Africa, three Nigerians and...
Border Closure: Manufacturer of Alomo Bitters Loses Millions The Ghanaian-based manufacturer of popular Alomo Bitters, Kasapreko Company Limited, has lost $2 million or N612 million in revenue...
