The Nigerian capital market returned to regular trading activities after the Eid-el-Fitri holiday with a 0.63 rise in equity capitalization on Tuesday. Consequently, the value of...
The wealth of the five richest people in the world increased by $120.27 billion within four months, with Bernard Arnault and Elon Musk recording the highest...
The Managing Director of Unilever Nigeria, Carl Raymond Cruz, has resigned from his post, the board of the company has revealed. In a statement released on...
Segun Agbaje, the Chief Executive Officer of Guaranty Trust Holding Company, has emerged as the highest-paid bank CEO in the country for 2022. Data obtained from...
Nigeria Air’s plan to obtain the Air Operator’s Certificate (AOC) from the Nigeria Civil Aviation Authority (NCAA) has suffered a setback as the Airline Operators of...
Seplat Energy has revealed that the company’s Chairman, Basil Omiyi, will resign ahead of its ongoing proposed acquisition of assets belonging to ExxonMobil. Ripples Nigeria previously...
Airline operators lost billions of Naira during the two days strike that occurred last week, the Chief Executive Officer of Air Peace, Allen Onyema has revealed....
The cost of operation weighed on Unilever Nigeria’s revenue in the first quarter (Q1) of 2023, the firm’s Unaudited Interim Financial Statements showed. Ripples Nigeria gathered...
The Nigerian stock market will open this week’s trading on Tuesday due to the Eid el-Fitr public holiday on Monday. During trading sessions this week, Transnational...
Cadbury Nigeria Plc’s revenue rose by 30 percent in the first quarter of this year. The firm disclosed this in its Un-audited Interim Financial Information released...
The World Bank has recommended a single foreign exchange (Forex) market, urging Nigeria to do away with its multiple forex markets. In its latest ‘Macro Poverty...
Wema Bank generated N132.30 billion in revenue between January to December 2022, surpassing the N93.63 billion recorded during the same period in 2021. This is a...
Stanbic IBTC recorded an 85 per cent increase in its profit after tax and 66.8 per cent growth in electronic banking in the first quarter (Q1)...
Demands for Transcorp Hotels, Access Corporation, and others lifted the Nigerian capital market by 0.33 percent on Thursday. This translated to a N92.79 billion growth in...
Femi Otedola has acquired N5 billion worth of shares in a diversified investment company, Transnational Corporation (Transcorp) Plc. In a circular released to the stock market...
The Federal Government has withdrawn the lawsuit filed against Seplat Energy, the oil & gas company revealed in a statement on Thursday. A week ago, Ripples...
Access Holdings Plc, the parent company of Access Bank, recorded N152.90 billion net profit for the period of 2022, earnings report released on Thursday disclosed. This...
The financial stability of Union Bank of Nigeria (UBN) is at risk, as the company faces a lawsuit that could result in the commercial bank losing...
The equity capitalization in the Nigerian capital market rose by 0.06 percent at the close of trading on Wednesday. This translated to a N17.74 billion increase...
The Central Bank of Nigeria (CBN) has fined Union Bank of Nigeria (UBN) Plc for breaching its regulation on cryptocurrency trading in the country. Union Bank...
Guaranty Trust Bank (GTBank), a subsidiary of Guaranty Trust Holding Company (GTCO) lost N35.55 billion in failed securities investments in Ghana for the financial period of...
The Nigerian capital market rebounded with 0.02 percent growth in its investments at the close of trading on Tuesday. The N6.03 billion growth raised the bourse’s...
Autochek, an automotive technology development company, has acquired a majority stake in its Egyptian counterpart, AutoTager. This is the sixth acquisition by Autochek co-founded by Etop...
On Tuesday, aviation workers, under the umbrella of the Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), ended their two-day strike after meeting with government...
Glano Nigeria Limited has lost its assets to Asset Management Corporation of Nigeria (AMCON) over a N2.4 billion debt owed since 2016. AMCON, a debt recovery...
Nigerian bourse value crashed to N27.84 trillion, as the stock market capitalisation dipped by -1.48 per cent on Monday, from N28.26 trillion. This represents a loss...
Aviation workers have begun their two days warning strike, a move that will disrupt flight operations according to the Federal Airports Authority of Nigeria (FAAN) on...
Guaranty Trust Bank (GTBank) was fined N128.6 million by the Central Bank of Nigeria (CBN) for failing to meet several regulatory requirements. Ripples Nigeria gathered that...
Transnational Corporation (Transcorp), First Bank and Fidelity Bank are stocks to watch this week following various activities on their shares in the Nigerian stock market. Ripples...
The Central Bank of Nigeria (CBN) has approved the appointment of Akinola George-Taylor as the Managing Director and Chief Executive Officer of Heritage Bank. The apex...
The Nigerian stock market recorded N10.964 billion investments this week as 2.824 billion shares were traded by investors in 15,686 deals. Nigerian bourse opened for four...
Shares of First Bank of Nigeria (FBN) Holdings crashed in the Nigerian capital market this week after reports emerged that billionaire businessman, Femi Otedola, was mopping...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the growth projection of the International Monetary Fund (IMF) for Nigeria’s economy in...
The equity capitalization in the Nigerian capital market dipped by -0.01 percent at the close of trading on Thursday. This means the value of investments in...
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) said the group won’t back the removal of fuel subsidy if there are no functioning refineries...
Transnational Corporation (Transcorp) Plc has opened its doors to new investors to take up a stake in the diversified investment company. Although Transcorp revealed on Thursday...
The token offered by the cryptocurrency exchange, Futures Exchange Trading (FTX), appreciated in value by 74.04 per cent in the last 24 hours after reports emerged...
The Nigeria Immigration Service has filed a lawsuit against the Chief Executive Officer of Seplat Energy, Roger Brown, over his work permit. In a corporate document...
The Nigerian stock market traded flat on Wednesday with the equity capitalization closing at N28.30 trillion. The All-Share Index rose by 0.42 basis points to close...
Ekiti State has joined the list of states with free trade zones in Nigeria after President Muhammadu Buhari signed off on the Ekiti Knowledge Zone. Buhari...
Financial and economic experts at the International Monetary Fund (IMF) have projected a possible global recession amid fear of a financial crisis in the global banking...
The Nigerian stock market closed trading with N28.30 trillion on Tuesday. The figure was N569.1 billion or -2 percent lower than the N28.86 trillion posted by...
De.Fi, an antivirus and app provider firm, has revealed that the Cryptocurrency market lost $452 million to hacks and scams in the first quarter (Q1) of...
Importation of motorcycles in Nigeria dropped by 42.1 per cent year-on-year, according to the 2022 importation bill obtained from the National Bureau of Statistics (NBS). The...
The producer of Peak Milk, FrieslandCampina WAMCO Nigeria Plc, has apologised to Christians after coming under fire for its advert celebrating Easter, a Christian festival. Peak...
Two lawmakers in the United States, Senator Elizabeth Warren and Reps member, Alexandria Ocasio-Cortez, have questioned the working relationship between Silicon Valley Bank (SVB) and its...
The Senate has demanded the refund of the N19 billion the Budget Office transferred to four Ministries Department and Agencies (MDAs) without the Ministry of Finance’s...
The National Chairman of the Cinema Exhibitors Association of Nigeria (CEAN), Opeyemi Ajayi, said the revenue generated from movies in March grew by 58.6 per cent....
The Independent Petroleum Marketers Association of Nigeria (IPMAN) have written to the Federal Government seeking for access to the N250 billion intervention fund for the National...
This week, the Nigerian stock market will open for four days due to the public holiday to celebrate Easter, and some of the stocks to watch...