A new cryptocurrency has been created to fund the campaign activities of the Labour Party presidential candidate, Peter Obi, in the 2023 general elections. The artwork...
Another substantial shareholder of Nigerian Exchange Group (NGX Group), Miri Strategic Emerging Markets Fund LP has taken out its investment in the company. Miri Strategic Emerging...
Shareholders of Nigerian Exchange Group (NGX Group) have filed an application at the Federal High Court, Lagos, seeking to stop the company from holding its Annual...
The cause of death of Laolu Martins, a minority stakeholder in the popular Lagos eatery, Bukka Hut, has been revealed. A source close to the family...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday warned foreign airlines on the demand for payment in dollars. Emefiele, who spoke during...
Following the acquisition of a majority stake in Capital Hotel by 22 Hospitality Limited, the entire board of the former have resigned, ushering in a new...
Cardinal Stone Partners Limited has sold its investment in NGX Group amid investors’ loss of interest in the company during the third quarter of 2022, a...
Guaranty Trust Bank (GTBank) seems to have become the go-to financial institution for fraudsters, as they target account holders in the bank led by Miriam Olusanya,...
The Chief Executive Officer of Twitter, Parag Agrawal, forced Elon Musk’s lawyer, Alex Spiro, a partner at Quinn Emanuel Urquhart & Sullivan, to postpone his deposition....
The Executive Director of Heritage Bank, George Oko-Oboh, has said wheat farmers received N41 billion intervention funds to aid production, at a period availability of the...
Sterling Bank has restructured and taken on a new name, Sterling Financial Holdings Company Limited (HoldCo), after shareholders agreed to transfer their investment into the HoldCo,...
The Central Bank of Nigeria (CBN) has concluded on directly deducting loan defaulters under the Anchor Borrower Programme (ABP), as farmers ignore their debt obligation. This...
The President of the African Development Bank (AfDB) Akinwumi Adesina, said the international community needs to come to the aid of Nigeria as regards the country’s...
The largest cryptocurrency exchange, Binance, has appointed former First Bank of Nigeria (FBN) Holdings chairman, Ibukun Awosika, into the company’s board. Awosika joined the advisory board...
The Central Bank of Nigeria (CBN) has approved the acquisition of Access Pension Fund Custodian Limited by First Pension Custodian Nigeria Limited (First Pension). First Pension...
The Chief Executive Officer of Tesla, Elon Musk, and co-founder of Twitter, Jack Dorsey, will testify ahead of next month’s court trial over the world’s richest...
The Central Bank of Nigeria (CBN) has approved the request of Access Holding, the parent company of Access Bank, to establish a payment company that will...
The Nigerian Exchange Group (NGX) seems to be falling like a pack of cards under Oscar Onyema, and his 11 years leading the company is being...
Elon Musk’s lawyer, Alex Spiro, has taken up a business lawsuit between United States rapper, Kanye West, and clothing line company, GAP, after an alleged disagreement...
Germany has approached France for gas supply as output from Russia remains at its historical low following a faceoff between Vladimir Putin’s country and the European...
Honeywell Flour Mills has disclosed that new board members and management teams have been appointed following the acquisition of the company by Flour Mills of Nigeria...
Delta, Edo, Ekiti and Ondo states residents risk being plunged into darkness amid the ownership tussle between Vigeo Power Limited, Fidelity Bank and African Export-Import Bank...
MTN Nigeria, Access Bank and FCMB made it into the stocks to watch this week, as trading resumes in the Nigerian Stock Exchange. Ripples Nigeria stocks...
Investors holding Nestle Nigeria’s shares have been losing money, but its majority shareholder, Nestle S.A, seem unperturbed about the accumulating losses as it continues to splash...
Indian billionaire, Gautam Adani, has become the second richest person in the world two weeks after he climbed to the third spot on Bloomberg Billionaire Index,...
The Nigerian stock market’s equity capitalization crashed by -0.13 percent at the close of trading on Friday. This means the total value of investments in the...
Azman Air resumed operation hours after the company suspended its passenger operation amid disagreement with the Nigerian Civil Aviation Authority (NCAA) and other aviation agencies. Recall...
Ethiopian Airlines is to invest in Nigeria’s national carrier, Nigeria Air, after the Addis Ababa government-owned airline was chosen as the core investor and the technical...
A South Korean court has issued an arrest warrant for the founder of Terra ecosystem, Do Kwon, after the $40 billion cryptocurrency crashed, resulting to a...
Nigerian bourse returned to losing ways on Wednesday after the market capitalisation depreciated by -0.10%, shedding N27.93 billion. As a result, the market capitalisation dwindled to...
The Senate committee on finance has rejected the N6 trillion tax and import duties waivers proposed by the Federal Government in the 2023 budget, stating that...
Tesla Chief Executive Officer, Elon Musk, lost a whopping N3.62 trillion on Tuesday after investors dumped the firm’s share upon reports that Twitter shareholders had approved...
Investors’ total investment value appreciated by 0.004 percent on Tuesday, representing a gain of N1.08 billion, after the market capitalisation rose to N26.768 trillion from N26.767...
The United States inflation slowed to 8.3% in August, the second drop in two months after hitting 9.1% in June, a four decades high. Last month’s...
There were two major changes in the best performing banks in Nigeria’s financial industry in the second quarter (Q2) of 2022, with tier-two lenders pushing all...
Internet giant, Google, has unveiled its secret high-speed communications network firm, Aalyria, in a bid to reduce its expenses and source for third-party funds from private...
Twitter has countered Elon Musk’s new claim on breach of contract, after the social media company paid off whistleblower and hacker, Peiter Zatko, without informing the...
The market capitalisation depreciated by -0.13 percent to close at N26.76 trillion on Monday, after the All-Share Index lost 69.41 basis points to fall from 49,695.12...
Ecobank Transnational Incorporated (ETI) has appointed Jeremy Awori to replace the outgoing Group Chief Executive Officer, Ade Ayeyemi. A statement by Ecobank disclosed that Adeyemi will...
Stocks to watch this week, as trading resumes are Guaranty Trust Holding Company (GTCO), Ellah Lakes and MTN Nigeria. Ripples Nigeria stocks watchlist is a selection...
The market capitalization in the Nigerian stock market crashed to N26.77 trillion at the close of business on Tuesday. The figure is -0.6 percent or N190...
The net profit of Guaranty Trust Holding Company (GTCO) depreciated by -2.33% in the first half of 2022, despite its net interest income rising during the...
Investors in the Nigerian capital market lost N30 billion following the crash in equity capitalization by -0.1 percent on Monday. Consequently, the equity capitalization dropped from...
The English Premiership was the highest spending league in Europe, with Italy’s Serie A, France’s Ligue 1, Spain’s La Liga, and Germany’s Bundesliga falling behind on...
The Nigeria Immigration Service (NIS) has denied having discriminatory passport fees after disclosures that charges vary depending on the states Nigerians apply from, with the South...
The Nigerian capital market’s stock value rose by 1 percent at the close of trading on Thursday. This means that the capital market’s share value rose...
Ahmed Halilu, the elder brother to the First Lady, Aisha Buhari, has been appointed as the Managing Director of Nigerian Security Printing and Minting Company (NSPMC)....
In April 2014, Aliko Dangote was far richer than Indian billionaire and founder of Adani Enterprises, Gautam Adani, with the Nigerian investor ranked within the top...
The Kenyan High Court on Tuesday ordered the seizure of $3.3 million belonging to Nigerian financial technology company, Flutterwave. Justice Grace Nzioka gave the order while...
Indian billionaire and founder of Adani Enterprises, Gautam Adani, has displaced the American duo of Bill Gates and Bernard Arnault on the world’s rich list. In...