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...
Insurance Sector Records 35.7% Premium Growth in 10 Years The insurance sector has in the past ten years achieved an average growth rate of 35.07 per...
Keystone Bank Introduces First ‘Cheque Deposit’ in Mobile app in Nigeria Keystone Bank Limited, Nigeria’s most innovative banking services provider, has introduced ‘Cheque Deposit’ feature in...
US Adds More Jobs than Expected, Creates 304,000 jobs in January Businesses in the United States of America created more jobs than expected in the first...
Don Jazzy’s Mavin Records Secures Equity Investment One of Africa’s leading record labels, Mavin Records, has secured millions of dollar in equity investment to further its...
Generator: Nigeria’s Manufacturers Spend N246bn on Fuel Lack of stable power supply continued to erode profitability in the manufacturing sector as most producers had to generate...
Stock Market Starts New Month in Green The Nigerian Stock Exchange closed higher on the first day of February following four consecutive days of bearish run....
Guinness Reports N3.8bn Profit Before Tax Guinness Nigeria Plc reported a four per cent decline in net sales during the first half of the year ended...
Merger: Moody’s Reviews Access Bank for Downgrade, Diamond Bank for Upgrade A review, following the approval of the planned merger of Access Bank PLC and Diamond...
NPA Commences Clean-up of Onne Port Water Following the vast oil spillage at the Federal Oceans Terminal, Onne, Rivers State, the Nigerian Ports Authority, has kick-started...
Flour Mills Profit After Tax Drops by 40.4% Flour Mills of Nigeria announced a substantial drop in its profit after tax for the nine months ended...
