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 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...
Stock Market Gains N806bn in 15 Days Investors wealth in the Nigerian Stock Exchange increased as the nation’s equities market gained N806 billion in 15 days....
Bureau De Change Operators Demand VAT Exemption The Association of Bureaux De Change Operators of Nigeria, ABCON, has called on the government to exempt bureau de...
Foreign Phone Manufacturers Abandon Nigerian Factory Plans Contrary to the report that some foreign manufacturer of mobile phones indicated interest in the establishment of production centers...
Poll Delay: Experts Put Financial Loss at N2.737trn Financial experts have said the decision of the Independent National Electoral Commission (INEC) to reschedule the general elections...
Pension Fund Assets Value at N8.63tr The total assets of the National Pension Commission stood at N8.63 trillion as at the end of December 2018. Mrs...
Nigerians Abroad Remits $277bn Home in 14 Years Over the years, Nigerians in the diaspora have helped stimulate economic productivity through substantial remittance back home. The...
Transcorp Grows Profit by 94 Percent to N20.6bn Transnational Corporation of Nigeria Plc has reported profit before tax of N22.4 billion in 2018, up by 82...
Currency in Circulation Rises to N2.329tn The Central Bank of Nigeria has said the total currency in circulation rose by 20.9 per cent at the end...
Insurance Sector Loses N46bn to Uninsured Vehicles Insurance sector continued to suffer enormous losses as many vehicle owners are either using fake insurance policy or refused...
Airspace to Remain Open During Elections – NAMA The Nigerian Airspace Management Agency announced on Sunday that the airspace would remain open during the rescheduled general...
