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...
Work at Lagos-Ibadan Standard Gauge Ongoing, NRC Insists Barring any further delay, the Managing Director of the Nigerian Railway Corporation (NRC), Fidet Okhiria, has disclosed that...
OPPO to Invest $1.43bn in Smart Mobile Technology OPPO, a global smartphone brand has announced its plan to spend about $1.43 billion on research and development(R&D)in...
MTN Nigeria has sued the Kogi State Government to court for shutting down its base stations (BTS) in Lokoja, the state capital, since January 23. MTN’s...
Bonds: FG Allots N116.99bn to 109 Bidders The Federal Government on Wednesday allotted N116.99bn worth of bonds to 109 bidders in its January auction. The Debt...
FG Urged to Develop National Energy Policy The President, Blue Diamond Logistics and Founder, Good Governance Initiative, Mr Festus Mbisiogu, has urged the Federal Government to...
NNPC, Investors Disagree on Commercial Terms After spending over one and half years negotiating with financiers for the revamp of Nigeria’s refineries, the Nigerian National Petroleum...
Air Peace Aborts Lagos-bound Flight Over Bomb Scare A Lagos-bound Air Peace flight was forced to return to the Nnamdi Azikiwe International Airport, Abuja, on Wednesday,...
Impeachment: We Will do Our Job, Assembly Tells Ambode Supporters The Majority Leader of the Lagos State House of Assembly, Sanai Agunbiade, has said the state...
FG Targets $2bn From Oil Block Licence Renewal The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said the Federal Government is targeting about...
CBN Recorded $40.9bn Forex Inflow in Nine Months – Report Between January and September last year, a total foreign exchange inflow of $40.93bn was recorded by...
