Heirs Holdings acquires 45% of OML 17 for $1.1bn Heirs Holdings (HH), in partnership with affiliated company, Transnational Corporation of Nigeria Plc (Transcorp), has announced...
Dangote Cement completes share buyback first tranche with 40.20m shares Dangote Cement Plc has announced the completion of the first tranche of its share buyback...
METRICS: Nigeria loses 1.65m broadband connections in 30 days As penetration reverses to 45.07% Operators connect 13.88m to high speed internet in 11 months Total...
IMF lowers China’s growth in 2021; warns of financial dangers The International Monetary Fund (IMF) on Friday lowered its 2021 growth forecast for China to...
Profit-taking in bellwethers costs stocks N393bn, 2021’s first loss Equity investors in Nigeria experienced their first loss of the year on Tuesday as the stock...
How MTN boosts Nigeria’s economy with N4.97trn in taxes, infrastructure Telecoms giant, MTN Nigeria, has spent the sum of N4.97 trillion to provide infrastructure for its...
In Numbers: 50 million Nigerians now have NIN As FG increases enrolment centres by 900% No fewer than 50 million Nigerians have so far obtained...
Earnings Forecast: Linkage Assurance targets N291.09m profit in Q1 Expects N4.92bn gross premium Linkage Assurance Plc has projected to make N291.08 million as its profit...
Equities bullish with N213bn gain as investors trade N11.5bn shares It was yet another day for equity investors in Nigeria to smile all the way...
FG lifts ban on SIM card replacement Nigerians with lost subscriber’s identity module (SIM) cards and intention to replace same can now do so provided...
APPLY: BoI readies fresh $1bn loan at single digit interest rate The Bank of Industry (BoI) has announced the successful conclusion of a landmark $1...
NSE tops global performance list, advances by N168bn Poised as world’s best performing exchange year-to-date (YtD), the Nigerian Stock Exchange (NSE) waxed stronger on Tuesday...
RECAP & OUTLOOK: Nigerian stock market Gain N1.043trn in Week 51 As market cap surpassed N20trn Weekly trade value swells by 128% Analysts forecast sustained uptrend,...
COVID-19 Guideline Violation: NCAA to fine airlines $3,500/passenger The Nigerian Civil Aviation Authority (NCAA) has vowed to fine airlines $3,500 for each passenger that refuses...
CITITRUST Holdings mulls N12.5bn capital injection by Q1 2021 CITITRUST Holdings Plc said it is targeting a debt capital injection of N12.5 billion for business...
Stock market index sustains uptrend by 1.20% Bulls extended their dominance in the Nigerian equity market to seventh successive sessions on Tuesday, as the All-Share...
Seplat Petroleum, Waltersmith Refinery sign crude purchase agreement Seplat Petroleum Development Company Plc, has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited....
Dangote Cement commences share buyback with 85.203m shares Limits repurchase to 10% of issued capital Cautions investors in dealing with its shares Dangote Cement Plc (Dangote...
Dangcem leads bulls to N334bn gain as week opens Dangote Cement led charges as the Nigerian equity market on Monday sustained its positive outlook to...
Banks’ credit to private sector hits N19.54trn in November Nigerian banks’ gross credit to players in the private sector has increased to N19.54 trillion as at...