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...
New Major Investors Acquire 16.75% Stake in Nahco Investors have concluded transfer of about 16.75 per cent equity stakes in Nigerian Aviation Handling Company (Nahco) Plc,...
MTN Hasn’t Filed Application For IPO – SEC The Securities and Exchange Commission on Sunday said it had not received any application from MTN Nigeria Limited...
Power Grid Collapsed Three Times in Q2 – TCN Nigeria’s electricity generation system collapsed three times in the second quarter of this year, the latest report...
Osinbajo Leads Investment Roadshow in US Vice President YemiOsinbajo is scheduled to lead a public-private sector collaborative investment roadshow to the United States. He will also...
Lagos Paid N716.9bn to 169 Retirees in June The Lagos State Government has credited N716.951m to the Retirement Savings Accounts of 169 of its retirees under...
Policy Inconsistency, Others Stifling Investment —Experts Experts in the financial and economic space have said inconsistency in government policies and corruption are stifling investment in the...
Fed Govt to Implement Ratified ILO Conventions The Minister of Labour and Employment, Dr. Chris Ngige, has promised that the administration will all ratified International Labour...
CBN Demands Daily Returns from Banks, Agents The Central Bank of Nigeria has demanded that banks that appoint/have agents, mobile money operators, and licensed super agents...
U.S. Creates 213,000 in June; Wage Growth Slows U.S. businesses created more jobs than expected in June while wage growth unexpectedly slowed. According to the Labor Department,...
Iran Sees Oil Price Hitting $100 Amid Supply Disruptions Oil will soon cost $100 per barrel due to supply disruptions caused by the United States President,...
