The Government of Korea and the African Development Bank (AfDB) on Wednesday signed two agreements for financial support to boost Africa’s development agenda. The financing deal...
European giant aircraft manufacturing company, Airbus has predicted that the demand for new aircraft by the Nigerian airline operators will triple the present aircraft fleet by...
Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc UK, according to a press release it sent...
By Umar Suleiman The total revenue generated by the solid minerals sector in 2021 stood at N193.59bn representing an increase of 51.89% from the N116.81 billion...
Posts 33% year-to-date return Daily turnover balloons Appetite for banking stocks lifts market In a remarkable turn of events, the Nigerian Exchange Limited (NGX) achieved a...
Government revenue got a boost as taxes from companies and consumers rose by 96.11 per cent to N2.31 trillion in the second quarter of 2023. According...
Investors in the Nigerian equity market made away with N1.08 trillion profit last week following upward movement in stock prices during the week. The uptick resulted...
By Umar Suleiman Nigeria’s President Bola Tinubu will today depart Abuja for New Delhi, India, to attend the G-20 Leaders’ Summit. The President is attending the...
Hyperspace Technologies Limited has secured a patent for Blockchain technology-driven Multi-Factor Authentication (MFA). Developed within the Hyperspace Technologies’ research and development (R&D) division, cipherKEY tap2sign™ MFA...
Guaranty Trust Holding Company (GTCO) Plc’s profit before tax (PBT) settled at N327.4 billion in the first half of 2023, rising by 217% from N103.25 billion...
Market Emerges with Africa’s Second Best Performance Despite concerns around the soaring inflation, interest rate hikes and weak macroeconomic indices, investors’ confidence in Nigeria’s stock market...
Three subsidiaries of Dangote Group have reached an agreement to merge and become one operating entity under the group while maintaining their respective line of operations....
Nigerian Exchange Limited (NGX) has expressed eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing...
The Nigerian capital market was euphoric at the close of trading on Tuesday as the market hit a 15-year high. The All-Share Index (ASI) of Nigerian...
After stealing more than $3.5 billion worth of cryptos in 2022, the worst year for crypto heists in the market`s history, crypto scammers and hackers have...
The Centre for the Promotion of Private Enterprise (CPPE) has explained factors that led to the slowing down of the Nigerian economy in the second quarter...
Activities on the floor of the domestic stock market last week ended in the green territory with N459 billion profit, returning the bourse to profitability after...
The Securities and Exchange Commission (SEC) has expressed concern as unclaimed dividends in the capital market increased to an estimated N190 billion, stressing that the capital...
Nigeria’s Gross Domestic Product (GDP) growth rate slowed to 2.51 per cent year-on-year in the second quarter of this year (Q2 2023) compared to 3.54 per...
The Lagos State Internal Revenue Service (LIRS) has reaffirmed its renewed efforts in leveraging cutting-edge technology and effective advocacy to significantly enhance the state’s revenue generation....