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...
Power Distributors Must Automate Their Systems, Says NERC The Nigerian Electricity Regulatory Commission has directed that power distribution companies are to fully automate their commercial system...
FG Targets Improved Business Environment for Construction Following the ongoing reforms to improve the ease of doing business in the country, the Federal Government is working...
N3.4bn Tax Debt: FIRS to Sell Properties of 52 Firms The Federal Inland Revenue Service is to dispose of the properties of 52 companies over tax...
Nigeria Spends N5.468tn on Debt Servicing in 39 Months Servicing of domestic and foreign debt gulped a total of N5.468tn between July 2015 and September 2018,...
Nigeria’s Portfolio Inflows Rise to $1.32bn in January Nigeria recorded significant increase in capital importation via foreign portfolio investors (FPI) in the investors’ and exporters’ forex...
As the market capitalization of equities listed on the Nigerian Stock Exchange rose to N11.722 trillion, investors in the Nigerian stock market gained N228.1bn on Thursday....
At the MTN Group’s investor update conference call, Rob Shuter, President and Chief Executive Officer (CEO) of South African originated telecommunications company, MTN, said it would...
SON Charges 4 For Selling Adulterated Engine Oil Four men, who allegedly produced and sell 128 drums and 945 litres of substandard engine oil to unsuspecting...
Cryptocurrency exchange CEO, Gerald Cotten reportedly died on December 9, 2018, and so did the password to unlock about $200 million of customers’ digital currency, which...
Stakeholders Agitate For Downstream Deregulation To Curb Subsidy As private oil marketers continue to stay on the sidelines in terms of petroleum products importation, stakeholders in...
