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...
Nigeria Suffers Biggest Oil Output Decline in OPEC Nigeria suffered the biggest decline in crude oil production in the Organisation of Petroleum Exporting Countries last month...
Inflation Drops for 16th Consecutive Month to 11.61% The National Bureau of Statistics on Wednesday said the Consumer Price Index, which measures inflation rate, dropped by...
AfDB Approves $15m Investment in Food Security The Board of the African Development Bank has approved equity investment of $15m in the Africa Food Security Fund,...
Buhari Will Sign 2018 Budget Next Week – Adesina President Muhammadu Buhari will sign the 2018 Appropriation Act into law next week. The Special Adviser to...
Dangote Named Most Admired African Brand The Dangote Group has been voted as the most admired African brand by consumers ahead of telecommunications giant, MTN, according...
CBN Shouldn’t Reduce Benchmark Interest Rate – Experts Financial and economic experts have said a downward review of the Monetary Policy Rate by the Central Bank...
FEC Approves N185bn for Roads, N6.5bn ITF Centre The Federal Executive Council on Wednesday approved the rehabilitation, repair and construction of 14 roads in different parts...
FG’s ‘MarketMoni’ Loans Attract 350,000 Beneficiaries The Federal Government Enterprise and Empowerment Programme (GEEP) ‘MarketMoni scheme has successfully reached over 350,000 micro enterprises in all 36...
FG Approves N500m Legal Fee for N330bn MTN Fine The Federal Executive Council, presided over by President Muhammadu Buhari, on Wednesday approved the payment of N500m...
IBEDC customers Protest Payment Point Centralisation Electricity consumers in Ibadan on Wednesday complained that the Ibadan Electricity Distribution Company had made it difficult for them to...
