President Muhammadu Buhari has urged MTN Group to lower data and call rates for Nigerians. This call was made when the group’s CEO, Mupita Ralph, and...
The Central Bank of Nigeria (CBN) will auction treasury bills worth N722.17 billion with varying tenors in the third quarter of this year. This was mentioned...
The Group President of MTN, Ralph Mupita, said on Thursday the management of the mobile network giant would sell an additional 14 percent stake in the...
UACN Property Development Company (UPDC) has advised its shareholders to seek independent professional body before accepting the offer of the core investor, Custodian investment. Custodian had...
The Nigerian stock market ended the week with a slight growth as the equity capitalisation settled at N20.14 trillion on Friday. This was a N20 billion...
In May, consumers paid more for Premium Motor Spirit (PMS), often known as petrol, National Household Kerosene, and Automotive Gas Oil (diesel). While the rates paid...
The market capitalisation of Exchange Traded Funds (ETFs) listed on Nigerian Exchange Limited, the leading market for ETFs in West Africa, rose to N20.32 billion in...
Thursday was a good day for the Nigerian currency, Naira as it appreciated against the U.S dollars in both the official and unofficial market. The biggest...
The International Monetary Fund (IMF) has issued a warning to Nigeria that the expected growth rebound in 2021 could be impeded if the country continues paying...
11 Plc has moved to acquire Capital Hotel Plc, which operates mostly in the Abuja hospitality market. The oil and gas company has received the approval...
Investors in the Nigerian stock market pocketed over N30 billion on Thursday as the bourse continued its recovery from last week’s disappointing output. At the close...
As the Central Bank of Nigeria (CBN) agreed to print the Gambia government’s currency, Dalasi, a check by Ripples Nigeria indicates that the cost of producing...
In the last three years, over N1.3 trillion was borrowed by the Federal Government to finance the operations of generation companies and gas suppliers. The loan...
Funds recovery scam is a type of scam whereby a scammer claims to help a victim to recover funds lost to fraudsters. The scammer’s target audience...
Nigeria’s currency dropped to a four-year low against the US dollar in the parallel market, widening the official and official exchange rate to N90. According to...
Tesla founder, Elon Musk, fortune dropped to $150.1 billion on Tuesday, costing the businessman his position on the world’s rich list. Musk had lost $971 million...
The Nigerian stock market rebounded on Wednesday, gaining 0.15 percent due to renewed interest in some stocks by investors. At the close of business on the...
MTN Nigeria has warned that growing insecurity might cause service disruptions in days to come. MTN reportedly disclosed this in a message to customers on Wednesday....
Enyo Retail and Supply Limited has been acquired by Ardova Plc, six months after the latter announced that it was interested in the company owned by...
The Naira on Tuesday weakened further against the dollar at the parallel market. Data from aboki FX showed the currency exchanged at N505 for a dollar...
Soft drink giant, Coca-Cola has reportedly lost about $4 billion following Portuguese superstar, Cristiano Ronaldo’s gesture towards the company’s product during a press conference at the...
Bitcoin holders have lost N1.03 trillion ($1.50 billion) just 24 hours after Tesla founder, Elon Musk’s tweet caused a surge in the value of the digital...
The Governor of Central Bank of Nigeria, Godwin Emefiele, said on Tuesday the bank is ready to assist its Gambian counterpart to print the country’s currency....
The slide in the Nigerian stock market continued on Monday as the market capitalization dropped to N20.06 trillion at the close of the day’s business. The...
Nigeria’s inflation rate dropped further for the second consecutive month to stand at 17.93% in May 2021 from 18.12% recorded in April 2021. This is contained...
The Central Bank of Nigeria (CBN) has announced a pre-agreement with the Gambia regarding the printing the Dalasi. The Dalasi is the name of Gambia’s currency....
The World Bank has revealed that soaring inflation has driven an estimated seven million Nigerians into poverty in 2020 alone. This was contained in its development...
The price of the international crude benchmark, Brent crude, climbed to $73.17 per barrel on Monday, June 14. This is the highest level it has reached...
The International Monetary Fund (IMF) on Monday urged Nigeria and other African countries to tax the private sector more in order to grow the economy. In...
The Japanese government has pledged $39 million support to Nigeria and 31 other African and Latin American nations afflicted by COVID-19 for the construction of a...
This week, MTN Nigeria, Airtel, CWG and Cutix made the stocks to watch list due to their off-bourse and capital market activities which positively and negatively...
Nigeria’s power generation has increased by 8.46 percent to reach a peak of 4,469.80 Mega Watts on Sunday. This is according to the latest data sourced...
Jack Dorsey, the founder of Twitter, has stated that Nigeria, Africa’s most populous nation and largest economy, will be at the forefront of bitcoin, despite partial...
The cost of servicing Nigeria’s public debts has increased by 62.9 percent in the first three months of the year. A data released by the Debt...
History was made in Nigeria’s last-mile business on Friday as Africa’s fastest growing e-commerce logistics company, GIG Logistics, and JET Motor Company struck a deal to...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
Director-General, of the Lagos Chamber of Commerce and Industry (LCCI) Muda Yusuf, has called for a holistic approach to the power sector challenges in Nigeria, as...
Less shares were sold at the Nigerian capital market this week as the number of deals were cut down, but the value was higher compared to...
Bitcoin institutional investors have formed a cryptocurrency group, North American Bitcoin Mining Council. However, Tesla founder, Elon Musk, was not listed in the membership of the...
The Nigerian stock market ended in the red zone on Friday following the drop in the equity capitalization at the close of the day’s business on...
On Thursday, the Central Bank of Nigeria (CBN) announced that it is exploring the possibility of issuing a digital currency by the end of the year....
It was negative trading for the Nigerian naira in the official foreign currency market, as it fell further in value versus the US dollar on Thursday....
The Central Bank of Nigeria (CBN) is finalising plans to roll out its own digital currency before the end of the year. This was disclosed by...
The Nigerian stock market continued its bullish run on Thursday with the market capitalization standing at N20.43 trillion at the close of business on the floor...
The Economic Community of West African States (ECOWAS) Parliament on Thursday adopted a draft resolution on the macro-economic convergence and stability pact. The move is aimed...
President Muhammadu Buhari’s administration borrowed at least N10.1 billion every day to run the country in the last five years and eight months. Data from the...
Lawmakers in El Salvador have passed a law to increase the country’s official currency after the nation’s President, Nayib Bukele, asked that bitcoin be adopted for...
