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...
Red Star Express Upgrades ISO Certification A logistics company, Red Star Express Plc, has upgraded its International Organisation of Standardisation Certification to ISO 9001: 2015, having...
NAHCO Promises Shareholders Increased Returns The Nigerian Aviation Handling Company Plc has promised its shareholders and customers increased returns and improved services. The Managing Director/Chief Executive...
CIS to Train Stockbrokers on Investment Analysis The Chartered Institute of Stockbrokers has revealed plans to train stockbrokers to enable them to understand the dynamics of...
Coca-Cola Forecasts Full-year Profit Below Expectations Coca-Cola forecasts a full-year profit well below Wall Street expectations on Thursday as it reported a quarterly decline in volumes...
Banks’ Instant Pay Transactions Hit 2.5 Million on Val’s Day Bank customers carried out about 2.5 million transactions on Nigeria Interbank Settlement System Instant Pay platform...
CBN Predicts Stability in FX as External Reserves Hit $43bn The Central Bank of Nigeria (CBN) Thursday said it expected further stability in the foreign exchange...
Banks to Provide Single-digit Interest Loans to Creative Sector The Bankers Committee of the Central Bank of Nigeria on Thursday agreed to provide more funding for...
FG’s 72 Housing Units in Oyo Ready Before April — Official The South-West Zonal Director, Federal Ministry of Power, Works and Housing, Mr Olasunkanmi Dunmoye, on...
Speaking at the public presentation of a partnership between some stakeholders in the elections, Mr Femi Falana, a human right activist, called for the prosecution of...
Nigeria’s Capital Importation Rose by $16.8bn in 2018 The total capital importation into Nigeria in 2018 stood at $16.81 billion, according to the National Bureau of...
