Manchester United grossed N18.54 billion (£32.5 million) from the sales of five-time Ballon d’Or winner, Cristiano Ronaldo’s jersey. Ronaldo made a sensational return to Old Trafford...
At the end of trading this week, investors invested N8.650 billion in the capital market to acquire 1.338 billion shares in 19,830 deals. This is in...
Nigeria Communications Commission (NCC) has directed Telecommunications companies to shutdown their operation in Zamfara and other neighbouring states. In a memo dated September 4, 2021, network...
Investors at the Nigerian capital market traded 180.30 million shares valued at N1.72 billion on Friday. However, this was lower than 262.13 million shares worth N1.99...
Polaris Bank has warned that customers who intend to apply for foreign exchange with travel plans must have return ticket. The lender also excluded some countries...
First City Monument Bank Group earned N135.40 million in an insider trade by property investor, Primrose Investment Limited, in August 2021. The real estate firm picked...
Total Energies Marketing Nigeria Plc has made changes to its management structure two weeks after the oil and gas company rebranded its operational identity to include...
The Nigerian capital market remained in the negative territory on Thursday following the crash in the equity capitalization by 0.09 percent at the close of the...
Oando Plc has agreed to settle the dispute between the company and its aggrieved investors, Alhaji Dahiru Mangal and Ansbury Inc., a major investor in investment...
The Nigerian stock market slipped back to the negative territory following the crash in the market capitalization by 0.27 percent at end of trading on Tuesday....
United Capital Plc has been reclassified by the capital market authority, Nigerian Exchange Group, after the company’s stock hit a price bubble in the last five...
Over N289.74 million was lost by Fidelity Bank investors on Monday, following a sell off among shareholders after a disclosure that the Central Bank of Nigeria...
Investors lost about N90 billion on the trading floor of the Nigerian capital market on Monday. This followed the crash in the market capitalization by 0.40...
Nigeria’s economy remains the largest in Africa after South Africa rebased its economy to include new sectors that sprang out in recent years within the country....
The Central Bank of Nigeria (CBN) has disclosed that the government will have access to the eNaira transactions done by Nigerians and businesses. In a guideline...
This week’s stocks to watch consist mostly of companies involved in acquisitions or buyback of stake, which is expected to have positive or negative impact on...
Co-producer of Gala sausage roll, Tiger Brands, has agreed to divest from UAC of Nigeria Plc (UACN). The South African company decided to sell its 49...
Guinness Nigeria has forecast five percent decline for the country’s gross domestic product in 2021 as the company projects inflation will remain at double digits. The...
Investors increased their investment in the Nigerian capital market this week after 1.026 billion shares worth N8.183 billion were traded in 18,102 deals. The figure was...
The continues existence of Corporate Affairs Commission (CAC) hangs in the air as the House of Representatives committee on finance has threatened to shut down the...
A new investor, Preline Limited, has made an offer to acquire Eterna Plc from its seven substantial shareholders, a move that will trigger series of exits...
The market capitalisation rose by 0.06 percent on Tuesday, recovering from the dip recorded on Monday. The equity capitalisation had increased slightly to N20.55 trillion at...
Resignations have trailed the takeover of BOC Gases by Theophilus Danjuma, as two executives quit the board of the industrial and medical gases manufacturer. Ripples Nigeria...
Tech investor, Victor Asemota, says many Nigerian tech startups will pack up if the National Information Technology Development Agency (NITDA) intensifies its clampdown on privacy invasion....
The total equity value in the Nigerian stock exchange dropped to N20.54 trillion on Monday, as the market dipped by 0.12 percent. The market capitalisation didn’t...
During the weekend, bitcoin saw a surge that pushed its value above $50,000 into Monday, but that appreciation didn’t last as the asset slumped again same...
Nigerians spent $1.04 billion on food importation in first six months of 2021 as the Central Bank of Nigeria (CBN) increased its foreign exchange supply to...
Following a leaked regulation bill by the National Information Technology Development Agency (NITDA) Flutterwave co-founder, Iyinoluwa Aboyeji, said he regretted voting for President Muhammadu Buhari. Aboyeji...
Investors traded 280.57 million shares valued at N3.18 billion on the floor of the Nigerian capital market on Friday. This surpassed the 201.83 million shares valued...
Veteran Nollywood actress, Empress Njamah, has expressed her frustration at the rot in the Nigerian system. The actress missed her flight after she was caught in...
Access Bank has instructed its management and other members of the company against trading in the shares of the lender as it suffers a setback in...
Increase in investors’ participation lifted the Nigerian capital market by 0.31 percent and hand stockholders N64.92 billion gain on Thursday. The rise in investors’ participation pushed...
Digital companies, Twitter, Facebook and other social media platforms will be taxed by the Federal Inland Revenue Service (FIRS) in 2022, as tax agency set up...
Investors lost N2.44 billion following the crash in the equity capitalization by 0.01 percent at the close of business on the floor of the Nigerian capital...
Six days after its decentralised finance platform was hacked, Poly Network has offered the hacker a chief security adviser’s position and $500,000. The hacker has been...
Theophilus Danjuma has acquired BOC Gases Nigeria Plc, manufacturers of industrial and medical gases, amid rising debt to the company’s trade creditors. Ripples Nigeria had reported...
Investors at the Nigerian capital market gained N23.4 billion on Tuesday as the bourse recovered from the previous day’s loss on the trading floor. At the...
Some Nigerian companies are said to be evading tax payment with change of office location as the Federal Inland Revenue Service (FIRS) can no longer trace...
In the first half of 2021, debt servicing has gulped N2.02 trillion, according to the Minister of Finance, Zaina Ahmed who spoke at a committee interactive...
Investors at the Nigerian capital market lost N10 billion following the drop in equity capitalization by 0.04 percent at the close of trading on Monday. The...
Virgin Galactic founder, Richard Branson, has cashed in on the spaceflight hype as it fades a month after he beat Amazon founder, Jeff Bezos, to the...
Co-founder of payment firm, Flutterwave, Iyinoluwa Aboyeji, has stated that Nigeria is more business friendly when compared to most African markets. But Ripples Nigeria findings show...
Every week comes with a new stocks-to-watch list, and this week consist of Champions Brew, Oando, MTN Nigeria and Airtel Nigeria. Their inclusion is determined by...
The Federal Inland Revenue Service (FIRS) has said it will appeal the judgement barring it from collecting Value Added Tax (VAT) in Rivers State. The tax...
Investments into the Nigerian Exchange hit N12.58 billion in five days following trade off of 1.61 billion shares in 18,622 deals this week. This was below...
The market capitalisation rose by 0.08 percent at the end of trading in the Nigerian Stock Exchange (NSE) on Friday. The earned investors at the bourse...
Nigeria’s Minister of Finance, Budget, and National Planning, Zainab Ahmed, has described the country as the hub of stolen vehicles in the world. Ahmed said most...
In a bid to increase available liquidity, telecommunications company, MTN Group, is selling off assets, while also abandoning some to force out its market exit. The...
The Bankers’ Committee has lamented that some customers are using expired travel tickets and fake passports to procure forex from commercial banks amid sales restrictions to...
Amid reports of Aliko Dangote refinery takeover by the Nigerian government over a $7 billion debt, Dangote Cement and Dangote Sugar have continued to trade flat...