First Bank of Nigeria Holdings revenue grew 28.2% year-on-year, to N757.3 billion in 2021, against the N590.7 billion grossed during the corresponding period a year before....
Glencore, a mining and commodities trading firm, that paid bribe to some officials of the Nigerian National Petroleum Corporation (NNPC) to obtain an oil contract, has...
Following a 1.06% jump in the Nigerian bourse’s total share value on Thursday, the market capitalisation increased by N301.85 billion, to N28.65 trillion, having closed Wednesday...
Wema Bank has stated that it will investigate the opening of unauthorised accounts in the financial institution, after Ripples Nigeria broke the story that the firm...
Shareholders of McNichols lost -15.3% of their investment in the company within two days, after sell off trailed the bullish run of the indigenous food...
Twitter founder, Jack Dorsey, drew down the curtain on his time at the social media company on Wednesday, resigning from the board of directors amid claims...
The African Development Bank (AfDB) on Wednesday predicted slow economic growth for the continent in 2022. The National Bureau of Statistics (NBS) on Monday announced a...
The equity capitalisation of the Nigerian stock market closed at N28.35 trillion on Wednesday, after the bourse appreciated by 1.23%. Following the increase, the market cap...
The Central Bank of Nigeria (CBN) has denied reports that President Muhammadu Buhari has sacked the apex bank governor, Godwin Emefiele, on Wednesday, after eight years...
The owner of electric automaker, Tesla, Elon Musk, has lost almost half of his wealth in a space of seven months, after becoming the only billionaire...
Some customers of Wema Bank have accused the financial institution of conducting illegal banking practice in Nigeria. They said they discovered that the bank and its...
Caverton Offshore Support Group, an oil and gas logistics firm, has lost its Chevron contract to Bristow Helicopter, and this is expected to negatively impact its...
Bearish sentiment continued to dictate the Nigeria capital market’s activities as another sell-off sent the bourse’s share down by -1.81 percent on Tuesday. Consequently, the equity...
The chairman of Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbenga Adebayo, has said network subscribers will bear the cost of the new telecoms tax...
Stanbic IBTC Chief Executive Officer, Demola Sogunle, has increased his ownership stake in the financial institution, as he continued his share acquisition spree that started last...
The President of the African Development Bank (AfDB) Akinwunmi Adesina, has defended the lender against criticism contained in a report by The Economist over debt and...
Tesla owner, Elon Musk, has suggested that the value of his Twitter deal would cost less than previously agreed. Ripples Nigeria had previously reported that Musk...
Government-controlled energy firm in Finland, Gasum, has revealed that Russia has excluded the country from its natural gas supply destination following Finland’s application to join Transatlantic...
McNichols Consolidated majority shareholder, Ijeoma Chimaraoke, is still in the capital market selling off her shares, as she continues to take out her investment in the...
Seplat Energy’s attempt to acquire Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, has hit a roadblock after the Federal Government withheld approval for the deal. In...
The Nigerian capital market recovered from its previous day’s losses following a 1.05% rise in share value at the close of trading on Thursday. After eight...
The electronic valuation policy suspended by the Nigeria Customs Service (NCS) would be reintroduced on Friday, despite protest against the policy which was claimed would increase...
Seplat Energy Plc has made changes in its board, appointing former Shell Country Chairman, Basil Omiyi, as the firm’s chairman, while Charles Okeahalam was made a...
In February, South African businessman, Johann Rupert, seemed like the billionaire that would dispose Aliko Dangote from his 12 years reign as the richest man in...
The European Union plans to spend €210 billion to cut its dependence on Russian oil, coal and gas, as Ukraine allies move to weaken Russia’s financial...
Ijeoma Chimaraoke, the largest shareholder in McNichols Consolidated, has been selling off her shares in the company, engaging in about seven share dealings to take out...
Access Holdings Plc has warned its customers and the public that it won’t take responsibility for losses suffered from dealings with investment firm, Access Capital Investment....
The value of shares in the Nigerian capital market dipped by -0.35 percent on Tuesday, dragging the equity capitalisation down by N101.06 billion. After eight hours...
Founder of Stanbic IBTC, Atedo Peterside, has said that the Nigerian economy began to decline under President Muhammadu Buhari’s administration, erasing the growth of the previous...
The Chief Executive Officer (CEO) of Twitter, Parag Agrawal, has revealed that the social media platform locks millions of accounts each week, in a bid to...
Aero Contractors has denied reports that the airline operator is planning to cut down its workforce and shutdown business operation, stating that the claims are “wild...
Africa’s richest man, Aliko Dangote, has concluded plans to raise $750 million through bonds to complete the refinery project in the Lekki area of Lagos State....
Cryptocurrency exchanges like Binance, Quidax, amongst others would be charged about N30.5 million by Nigeria’s Securities and Exchange Commission (SEC) to operate within the country. SEC...
The Nigerian Communications Commission (NCC) has revealed that Honda and Acura car models can now be manipulated by hackers, resulting to the vehicles being stolen without...
Azman Air has reacted to reports that Aliko Dangote’s son-in-law, Jamil Abubakar, works for the airline following criticism that trailed his comment on the murder of...
Air passengers will henceforth book Emirates Airlines flight tickets with Bitcoin after the United Arab Emirates-owned airline declared its readiness to tap into the cryptocurrency market....
Investors at the Nigerian capital market pocketed N97.4billion following the rise in equity capitalization by 0.34 percent on Friday. The development pushed up the equity capitalization...
Zinox Technologies has reacted to reports that the company is planning to acquire e-commerce firm, Jumia, the market rival of its online marketplace subsidiary, Konga, amid...
The founder of cryptocurrency exchange, Binance, Changpeng Zhao, has revealed the reason Terra Luna suffered significant crash in its market value, costing holders -99.99% of their...
Bread has become too expensive for many African families due to the ongoing war between Russia and Ukraine, the President of the African Development Bank (AfDB),...
First Bank of Nigeria (FBN) Holdings has failed to meet the submission deadline for Unaudited Financial Statements for the first quarter ended March 31, 2022, while...
Nigeria and 13 other countries in Africa have created a cross-border and unified securities trading platform for investors and brokers seeking investable assets across the continent....
The cryptocurrency community continues to suffer heavy losses, as more cryproasset holders exit the market, plunging the total market value by -16.65%, as investors shed their...
The networth of Africa’s richest man, Aliko Dangote, grew by 1.89% on Wednesday, while that of his market rival, Abdulsamad Rabiu, the founder of BUA Foods,...
Airtel Africa’s revenue increased by 17.8 percent in the first quarter of this year with the Nigerian market accounting for the largest chunk of the earnings...
Nigerian youths selected for loans under the Nigeria Youth Investment Fund (NYIF) are at risk of losing the credit opportunity according to the Ministry of Youth...
The UK government has announced plans to regulate cryptocurrency in the country, amid slump in bitcoin and lack of positive growth to tie down holders and...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has demanded the Federal Government pays the N500 billion it owes to the oil marketers to avoid fuel...
Nigeria’s foreign direct investment (FDI) was crippled by the ban on Twitter and cryptocurrency according to a new report, ‘Africa’s Urbanisation Dynamics 2022: The Economic Power...
The Managing Director of Honeywell Group, Obafemi Otudeko, has said the company would begin investing in new sectors following the deal between Honeywell Flour Mills (HFM)...