Diageo Plc has agreed to sell its 80.4% stake in Guinness Ghana Breweries Ltd. to Castel Group. The deal was priced at 5.15 cedis per share...
The Federal Government is seeking $15 billion in private investment to revive Nigeria’s struggling power sector, offering higher electricity tariffs while introducing fresh subsidies to cushion...
Nigeria’s equities market suffered a N284 billion loss on Tuesday as the All-Share Index (ASI) of the Nigerian Exchange Limited (NGX) fell by 0.44%. The market downturn...
Oil prices declined on Monday after President Donald Trump reversed the sanctions expected to be imposed on Colombia. The initial sanctions threat stemmed from Colombia’s refusal...
As of today, Monday, 27th January 2025, the dollar to naira exchange rate in the black market stands as follows: Selling Rate: ₦1,645.00 Buying Rate: ₦1,630.00...
The Nigerian capital market recovered last week as investors pocketed N794 billion amid growing global economic uncertainties. The market capitalisation of listed equities rose from N62.851...
The Nigerian stock market closed on a mixed note on Wednesday as the All-Share Index (ASI) declined by 0.05% or 48.15 points to settle at 102,788.20...
Moniepoint Inc., a leading financial platform in Nigeria, has announced a partnership with Visa, a global leader in digital payments, to enhance financial services and empower...
Africa’s largest crude oil producer, Nigeria, oil production is nearing its 1.5 million-barrel-per-day (bpd) quota set by OPEC+. This turnaround follows years of declining production driven...
Mrs. Beatrice Ekweremadu, wife of former Deputy Senate President Senator Ike Ekweremadu, has reportedly returned to Nigeria. Her return comes after serving part of a six-year...