Banking stocks continued to command investor attention on the Nigerian Exchange (NGX) on Wednesday, reinforcing the financial services sector’s position...
First HoldCo Plc strengthened its position as one of the Nigerian Exchange’s (NGX) most actively traded equities on Wednesday after...
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...
NNPC to Settle N2.1bn Owed NPA This Week The Nigerian Ports Authority has stated that all debts owed it by the Nigerian National Petroleum Corporation from...
Timely FDP Approval Good for Govt, Investors – Kachikwu The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said timely approval of field development...
Safety in Focus as More People Embrace Cooking Gas As more Nigerians shift from kerosene to Liquefied Petroleum Gas for cooking, industry stakeholders have highlighted the...
Freight Forwarders Groan Under Burden of Multiple Taxation Freight forwarders say they are experiencing a tough time dealing with the issue of multiple taxation arising from...
Buhari Yet to Get 2018 Budget from National Assembly President Muhammadu Buhari has yet to get a clean copy of the 2018 Appropriation Bill as passed...
Nigeria’s Industrial Production Has Fallen by 41% –AfDB Nigeria’s industrial value dropped by 41 per cent between 2012 and this year, the African Development Bank has...
FEC Okays N5.19b for Osun, Ekiti Roads The Federal Executive Council (FEC) yesterday approved N5.19 billion for rehabilitation of roads in Osun and Ekiti States. Minister...
Report: Banks Won’t Lower Lending Rates Banks are not keen on lowering lending rates even if the Central Bank of Nigeria (CBN) brings down its benchmark...
Firms Introduce Treasury Bills Investment App A new frontier has opened for investors in the African finance sector with the launch of I-invest, a mobile application...
Concerns Grow over 15% Hike in LPG Price Marketers of Liquefied Petroleum Gas (LPG) under the aegis of Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM),...
