Lanre Gentry, the ex-husband of Nollywood actress, Mercy Aigbe has announced the arrival of his first child with his new partner, Oluwabusola Gentry. Mr Gentry and...
Nigerian-owned oil companies have been the beneficiary of the wave of divestment by foreign players in the country’s oil market, buying up the assets to expand...
Foreign oil companies are exiting the Nigerian oil market, after operating in the market for over 60 years, as the passage of the Petroleum Industry Act...
Russia is one of the locations where cryptocurrency criminal activities are performed, as blockchain data platform, Chainalysis, states that over $25 billion illicit crypto funds are...
Russia’s invasion of Ukraine’s territory is favouring Gold, while dragging bitcoin down, as investors’ confidence dropped in the cryptocurrency market, but rose in the traditional asset....
Over N21.35 billion was lost by shareholders after eight hours of trading on Wednesday, as the market capitalisation dipped 0.08 percent. The loss cut shareholders total...
Learn Africa Plc is considering an organic growth in its operation, with the board of directors set to meet on various issues relating to its capital...
The Russian government has approved the use of cryptocurrency for investment and released a new set of rules amidst tension with Ukraine. Bank of Russia had...
Nigerian auto-tech and repair startup, Fixit45, has completed its transition into the car-hailing business after signing a partnership deal with Bolt (formerly Taxify). Fixit45 is making...
Flour Mills of Nigeria (FMN) and Honeywell Flour opened this week’s trading as one of the losers in the capital market, as sell off among their...
As trading starts this week, Aliko Dangote and other shareholders of his cement company, will be hoping to recoup last week’s loss, after their funds in...
Oando’s Group Chief Financial Officer, Olufemi Adeyemo, has resigned from the position. Adeyemo’s resignation from Oando came almost three years after the Securities and Exchange Commission...
Reactions have continued to trail series of allegations made by BUA Foods against its market competitors, Dangote Sugar and Flour Mills of Nigeria (FMN), with the...
The International Monetary Fund (IMF) has listed four potential risks of bitcoin to a country’s economy, as the global financial body says it doesn’t recommend legalising...
Following the takeover of Abuja Electricity Distribution Company (AEDC) by United Bank of Africa (UBA), the company’s core investors, CEC Africa Investment Limited and KANN Consortium...
South African billionaire, Johann Rupert, is gradually closing in on Nigeria and Africa’s richest person, Aliko Dangote, the founder of Dangote Cement and Sugar brands. This...
Bitcoin’s resurgence is yet to take off this year, as the most popular cryptocurrency continues to experience a rollercoaster that has hindered it from replicating the...
Canadian rapper, Aubrey Graham, better known by his stagename, Drake, has earned N158.47 million ($381,000) in bitcoin after placing series of bets for the Super Bowl...
The Founder of SwiftaCorp, Victor Asemota, claimed on Sunday businessmen in Nigeria acquired banks for power play. Asemota’s statement came a few months after businessmen, Femi...
Oil marketing company, Brittania-U, has denied involvement in the importation and supply of adulterated petroleum products in the country. The Chief Executive Officer of the Nigerian...
Oando has debunked claims that the oil and gas company imported contaminated Premium Motor Spirits (PMS) into Nigeria, against the country’s fuel standard requirements. Nigerian National...
The Nigerian capital market recorded a growth in investment on Thursday following a 0.27 percent rise in equity capitalization at the close of the day’s business....
Workers of MTN Nigeria are preparing for a strike over alleged inhumane treatment from the telecommunications company, with their union issuing a 14-day ultimatum starting February...
Following reports linking MRS Oil Nigeria Plc to recent contaminated Premium Motor Spirits (PMS) in the country, the company has accused Panama-based Duke Oil for the...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been summoned by the House of Representatives, as lawmakers open an investigation into activities of...
Investors at the Nigeria stock market lost N78.7 billion on Tuesday as the bourse bearish trading entered its third day. This followed the dip in equity...
Nigerian smartphone users recorded the highest mobile web traffic in the world for 2021, as more internet population migrate from desktop and laptop to more convenient...
Mark Zuckerberg’s wealth depleted in the last 24 hour, as report circulated that his company, Meta, could shutdown Facebook and Instagram services to the European market....
Guaranty Trust Holding Company (GTCO) has acquired Investment One Pension Managers Limited, as the HoldCo commences its expansion beyond core banking services within Nigeria. Investment One...
Airtel Africa’s Nigerian operation negatively impacted the revenue generation of the telecommunications company for the nine-month period ended December 31, 2021. Airtel Nigeria‘s earnings was hit...
Portuguese and Manchester United legend, Cristiano Ronaldo has become the first person to garner 400 million followers on the social media platform, Instagram. The Manchester United...
Investors at the Nigerian capital market parted with N19.614 billion to trade 1.785 billion shares in 27,822 deals this week. This surpassed the N19.08 billion coughed...
BBNaija winner desires to become a mother Big Brother Naija Pepper Dem winner Mercy Eke has revealed that she wants to become a mother. She made...
Bitcoin’s value increased by 2.10 percent during the week after a mini-slump in January. The most valuable cryptocurrency asset traded below $40,000 for the most part...
Investors at the Nigerian capital market lost N26.8billion following the dip in equity capitalisation by 0.10 percent on Friday. This led to a drop in equity...
Ownership of cryptocurrency is depreciating in Nigeria amid a meltdown in the cryptoasset market and clampdown by banks on holders of the decentralised finance currency. According...
Air travel will be grounded from February 8, 2022, as several umbrella bodies of Aviation workers will down tools in protest against poor welfare and unimplemented...
Shareholders at the Nigerian capital market pocketed N215.08 billion on Thursday after the bourse rebounded from previous day’s losses. This followed the rise in equity capitalisation...
The Federal Government’s tax agency, Federal Inland Revenue Service (FIRS) will start taxing Nigerians and foreigners on profits made from borrowing money to government through investment...
Exited Npower beneficiaries are unhappy with the method with which the Federal Government is handling the selection, confirmation and commencement of the NEXIT training. With two...
Investors at the Nigerian capital market lost N97.2 billion following the dip in equity capitalization by 0.3 percent on Wednesday. Consequently, the equity capitalization dropped from...
MTN Nigeria has given condition for the allotment of the bonus shares promised to prospective investors that participated in the telecommunications public offer last year December....
Shareholders at the Nigerian capital market pocketed N262.17 billion in just eight hours on Tuesday. This followed the rise in equity capitalisation by 1.04 percent at...
Julius Omodayo-Owotuga, the long-time partner of businessman Femi Otedola, has joined the board of First Bank of Nigeria (FBN) Holdings as the billionaire’s controlling stake in...
Digital investment platform, Crowdyvest, is currently in financial distress that has seen it unable to refund money invested by Nigerians into the tech startup’s investment opportunities,...
Five companies have been selected by the Nigerian Railway Corporation (NRC) for the next stage of the bidding process for e-ticketing of Lagos-Ibadan and Warri-Itakpe Standard...
Meta founder, Mark Zuckerberg, continues to drop on the wealthiest persons’ list, and he’s just one position away from exiting the top ten global billionaire list...
The Federal Government will commence training for the exited NPower (NEXIT) participants next month. The Special Adviser on Media and Publicity to the Minister of Humanitarian...
Investors at the Nigerian stock market went home with N226.11 billion on Monday following a 0.90 percent rise in the equity capitalisation. The development pushed up...
Shoprite has shutdown operation in its Maryland branch amid declining sales that forced Shoprite South Africa to sell off the Nigerian subsidiary to Persianas. The Nigerian...