Starlink, a satellite company owned by world richest man, Elon Musk, has changed the period it set to debut in the Nigerian market, amid plans to...
Taxpayers in Lagos State who fail to file their annual tax returns to the Lagos State Internal Revenue Service (LIRS) before deadline, March 31, 2022, will...
The second biggest hack in the history of cryptocurrency occurred last week on blockchain platform, Ronin Network, but was only discovered on Tuesday by the cryptoasset...
Ardova will not meet the deadline for the submission of the 2021 Full Year Audited Financial Results due to its involvement in the acquisition market and...
The Nigerian Railway Corporation (NRC) and Azman Air have suspended their operations in Kaduna following series of terrorist attacks in the state on Saturday and Monday....
New appointees, Herbert Wigwe, the Group Managing Director of Access Holdings, and Roosevelt Ogbonna, the Managing Director of Access Bank went home with a whooping N468.82...
The Chief Executive Officer of Guaranty Trust Holding Company (GTCO) Segun Agbaje, and other shareholders of the firm lost -11.64% of their investment as investors took...
As the Nigerian stock market resumes trading this week, investors need to watch out for the following equities; Neimeth, Cadbury Nigeria and Guaranty Trust Holding Company...
World richest man, Elon Musk, is considering creating his own social media platform to compete against Twitter and Facebook as his networth hit $270.1 billion. Musk...
The United States-based oil corporation, ExxonMobil, has concluded plans to mine Bitcoin in Nigeria. ExxonMobil’s NGL Industry Outlook Advisor, Eric Obrock, had proposed Bitcoin Proof-of-Work mining...
The Central Bank of Nigeria (CBN) has been blamed for the declining rate of the naira against the dollar, with the foreign exchange now trading N416.00/$1...
Justice Inyang Ekwo of the Federal High Court, Abuja, has ruled against the application of the 36 state governments to bar the Federal Government from deducting...
Cadbury Nigeria recorded a drop in profit in 2021, declining by -51.7%, amid a period investors holding its share suffered millions of naira loss in their...
The management of Neimeth is set to sell a part of the company to a private investor after receiving approval, as the pharmaceutical firm goes through...
The inability of the Central Bank of Nigeria (CBN) to meet foreign exchange demands from the private sector has been blamed for the fuel scarcity Nigerians...
The Christian Association of Nigeria (CAN) on Wednesday condemned companies behind loan apps operating in the country, stating that they were taking advantage of vulnerable people...
Investors at the Nigerian stock market went home with a mere N3.97 billion following the rise in equity capitalisation to N25.418 trillion on Wednesday. The figure...
Investors are exiting their investment in Nestle Nigeria, as the capital market turns negative towards the firm, amid expectations of it’s stock price declining ahead of...
Since 2012, Aliko Dangote has been the richest person in Africa, holding on to the position for a decade and one year. While this signals growth...
Nigeria’s capital market maintained its downward trend on Tuesday as sell-off fuelled a 0.2 percent drop in shareholders’ investments at the bourse. The sell- off cost...
High inflation and currency devaluation is pushing Africans into the cryptocurrency market, as they avoid losing the value of their savings, a 2021 industry report by...
While many don’t know who Satoshi Nakamoto, creator of bitcoin, is, one thing that Ripples Nigeria knows is that his networth has been plummeting, leading to...
MultiChoice operation has been reviewed by the consumer right agency, Federal Competition and Consumer Protection Commission (FCCPC), following a probe into its service. FCCPC began an...
The Central Bank of Nigeria (CBN) has received support from the Nigeria Customs Service (NCS) for its e-invoicing and e-valuation policy, which has led to protest...
The Nigerian capital market ended almost in a stalemate on Thursday after the bourse closed at 0.02 percent. Consequently, the shareholders total investment dropped by N1...
In a bid to avoid food crisis in Africa, induced by Russia and Ukraine war, 40 million farmers in Nigeria and Africa will receive financial support...
Amid a war with Russia, the President of Ukraine, Volodymyr Zelenskyy, has approved the use of cryptocurrency as investment and payment option in the country. The...
Nigerian investors, Iyinoluwa Aboyeji and Victor Asemota, have expressed concerns regarding the handling of the budding tech market in Africa by central banks in the continent,...
On Monday, Distribution Companies (DisCos) announced that the national grid had collapsed, a situation that has got Nigerians agitated due to the scarcity of fuel that...
Russia’s richest man, Vladimir Lisin, has fallen out of the top 50 wealthiest people in the world, and is set to be overtaken by Africa’s wealthiest...
The Securities and Exchange Commission (SEC) has ordered the closure of three investment companies for alleged fraudulent activities. The commission in a statement issued on Monday...
This week’s stocks to watch are Guinness Nigeria, Seplat and Dangote Sugar based on their off-capital market activities which were monitored by Ripples Nigeria. Ripples Nigeria...
The Chief Executive Officer of Flour Mills of Nigeria, Boye Olusanya, said Nigeria will experience trafficking of maize by producers in order to earn in foreign...
Guinness Nigeria has denied reports that the company is preparing to discontinue its business in the country, and currently seeking buyers for its assets in the...
Africa’s richest man, Aliko Dangote, has called for a ban on export of maize out of Nigeria, to make the country sufficient amid the ongoing war...
One of the trains transporting passengers on the Ibadan-Lagos route stopped abruptly after running out of diesel at an unidentified location on Thursday. The latest incident...
MultiChoice Nigeria has succumbed to the demands of the Federal Inland Revenue Service (FIRS) to audit its company accounts over tax-related issues that has led to...
Exited N-Power beneficiaries will be given loans to pursue their entrepreneurship career after the NEXIT training sponsored by the Central Bank of Nigeria (CBN), which is...
Dangote Sugar reports business growth adversely impacted by Apapa gridlock during operation in 2021, although the company managed to pull 28.8 percent increase in turnover for...
Hundreds of exited N-Power beneficiaries were not selected for the NEXIT training, which was sponsored by the Central Bank of Nigeria (CBN), and scheduled to begin...
The Chief Financial Officer of Seplat, Emeka Onwuka, has dismissed reports that the deal between the company and ExxonMobil has been blocked by Nigerian National Petroleum...
The Ministry of Humanitarian Affairs, Disaster Management and Social Development, has began to contact N-Power exited beneficiaries (NEXIT) for training across various states in Nigeria. This...
The co-founder of Future Africa, Iyinoluwa Aboyeji, has alleged that he is being harassed by the Department of State Services (DSS) in Nigeria, with the tech...
Shareholders total investment in the Nigerian capital market dropped by 0.05 percent at the close of trading on Friday. The equity capitalization dropped by N14.80 billion...
share slumped during trading hours on Friday amid s3xual harassment and fraud claims in the Nigerian subsidiary, MTN Nigeria, which happens to be its largest market...
The Federal Government will issue the requests for proposal on the establishment of Nigeria Air to prospective investors on March 8. The proposal will help the...
Two weeks after the Nigerian National Petroleum Corporation (NNPC) Limited assured Nigerians that fuel scarcity would end in “few days”, long queues continue to greet fuel...
Seplat chairman, ABC Orjiako, former Chief Executive Officer, Austin Avuru, and other shareholders of the company saw their networth increase by 9.99% on Tuesday, following series...
Nigerian billionaire, Rabiu Abdulsamad, tightened his control in BUA Foods in January, despite his company yet to meet the free float rule of the Nigerian Exchange...
Russia’s currency, Ruble, fell 30% on Monday, after series of sanctions – including the SWIFT cut off – by the European Union and the United States...