African Export-Import Bank has played down Fitch Ratings’ decision to downgrade its long-term issuer credit rating to sub-investment grade, insisting that its financial position remains solid...
MTN Group has confirmed it is in advanced discussions to acquire the remaining shares of IHS Holding Limited that it does not currently own. In a...
Paga has entered into a strategic partnership with Leadway Assurance to integrate insurance products directly into its Doroki merchant platform, expanding financial protection and risk management...
Nigeria’s state-owned oil company, the Nigerian National Petroleum Company Limited (NNPC), has begun advanced discussions with foreign investors as it seeks to overhaul the operations of...
The Nigerian Exchange (NGX) closed trading on Wednesday on a strong positive note as sustained buying interest across equities and exchange-traded products lifted key market indicators....
The Nigerian Naira continued its recovery against the United States Dollar in the informal foreign exchange market on Thursday as improved dollar liquidity sustained downward pressure...
Lafarge Africa Plc has announced plans to expand production capacity at its Ashakacem plant in Gombe State and Sagamu cement plant in Ogun State as part of...
The Nigerian Naira extended its gains against the United States Dollar in the informal foreign exchange market on Wednesday as improved dollar liquidity continued to ease...
Tony Elumelu–backed technology startup Redtech Ltd. is weighing a potential $100 million capital raise as it explores options to accelerate expansion and strengthen its market position,...
Oil prices edged higher on Wednesday as fresh security incidents involving the United States and Iran revived geopolitical risk across key energy transit routes, prompting traders...