Losing momentum from Monday’s bullish outlook, the Nigerian stock market on Tuesday reversed its previous gains as investors parted with N85.65 billion. This could be attributed...
African Export-Import Bank has signed a financing deal with UTM Offshore Limited at its 29th Annual Meetings in Cairo, Egypt recently. As part of the new...
Subsidy Hits N600/Litre Marketers say Subsidy No Longer Sustainable To make petrol consumption affordable for Nigerians, the federal government daily pay about N40.1 billion as...
Equities trading at the Nigerian Exchange Limited (NGX) last week was again in the red region as the market indicators showed a marginal decline of 0.14...
Australian renewables startup Okra Solar has raised $3 million to scale up distribution of its solar-based hardware and software solutions. It aims to electrify more than...
The total value of domestic and foreign transactions on Nigerian Exchange Limited (NGX) for the first five months of the year 2022 has recorded a total...
Investors in the Nigerian equities market went home at the end of midweek trading on Wednesday with sum of N189.61 billion profit as the local bourse...
Airtel Africa today confirms that the default currency and options on currency election for the proposed final dividend and the currency exchange rates that will be...
Negative movement in share prices has scrapped off a sum of N767 billion from investors aggregates money at the end of trading on the floor of...
The economic burden of spending more cash to get less currently eating into Nigerians’ hard-earned income is not easing down any time soon as experts have...
Telecommunications companies in Nigeria committed N2.85 trillion to their operations in 2021 to rake in N3.25 trillion as revenue at the end of the year. This...
Wakanow has collaborated with Dana Airlines, a fully private sector-owned carrier in Nigeria, to deliver real-time inventory and continuous flight schedules 24/7. By virtue of this...
Headline inflation in Nigeria has recorded significant rise within the last 11 months. Latest figure by the National Bureau of Statistics (NBS) has shown that in...
Google has announced new initiatives to support small retail businesses in Africa as part of a month-long commemoration of International Micro, Small, and Medium-sized Businesses Day...
The African Development Bank Group recently held a two-day workshop for electricity sector regulators and utilities on its annual flagship report, the Electricity Regulatory Index for...
Digital rights advocacy body, Paradigm Initiative has called on stakeholders to do a critical review of the just released Code of Practice for Interactive Computer Service...
MFS Africa, the largest digital payments network in Africa, has raised an additional $100 million in debt and equity for its Series C, just six months...
Crude oil production from the Organisation of Petroleum Exporting Countries (OPEC) and its Russia-led allies rebounded modestly in May from a steep drop in April. The...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
In its efforts to recover unremitted pension in the country, Pension Commission (PenCom), Nigeria’s topmost regulator of the pension industry, has said it fined 23 employers...