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...
Coca-Cola Acquires Nigerian Chi Limited Coca-Cola has acquired 100 per cent stake in Nigeria-based dairy beverages and juice producer, Chi Limited. Coca-Cola first acquired 40 per...
Nigeria’s Manufacturing Sector Expands in January Manufacturing activity grew in January as companies increase factory production despite rising business uncertainty ahead of the National Elections. The...
Foreigners, Others Quit Contributory Pension, Withdraw N24.95bn Foreign nationals have opted out of the Contributory Pension Scheme and withdrawn all their contributions from their respective Retirement...
Electricity Returns to Ondo Community After Five Years Electricity supply has been restored to Igbokoda in Ilaje Local Government Area in Ondo South Senatorial District after...
EAC, NSE to Launch Investment Guide The Emerging Africa Capital Group has enlisted the support of the Nigerian Stock Exchange to host the launch of an...
Stock Market Investors Lost N326bn in January Investors in the nation’s stock market lost a total of N326bn in January as bearish sentiment persisted. The equities...
Lawmakers Move to Ensure Completion of CBN’s Projects Lawmakers in the country have assured the Central Bank of Nigeria of their support to ensure that it...
New Revenue Formula Far From Sight – Investigation The quest for a new revenue formula by state governments in order to meet the demands of the...
Fed Continues Wait-and-See Approach The Federal Reserve left interest rate unchanged at 2.5 per cent in its first monetary policy meeting of the year. According to...
Samsung Trains Female Welders Samsung Heavy Industries (SHI) has trained another set of internationally-certified female welders in Nigeria. The firm is a major partner in the...
