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....
Nigerian stocks closed in the bear territory following profit-taking activities on all trading sessions during the week except Friday when the market staged a +0.4% deadcat...
By Umar Suleiman A fall in Nigeria’s oil production below its allowable quota by over four million barrels in July has led to loss of potential...
The Central Bank of Nigeria (CBN) intervention in the power, manufacturing and aviation sectors have risen to N5.6 trillion in three years, findings have shown. The...
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The NBS disclosed this in its Consumer...
The Ministry of Finance Incorporated (MOFI), the investment vehicle of the federal government, has said it is working to attain N100 trillion in Asset under Management...
Pan African Telecommunications Group, MTN, said it has signed a memorandum of understanding with Mastercard to sell a minority stake in its fintech business valued at...
By Umar Suleiman In a move aimed at propelling its growth and market presence, McNichols Consolidated Plc has embarked on a rights issue to raise N265.62...
Major and independent petroleum product marketers in Lagos State have shut down their dispensing outlets over speculation of possible hike in pump price of Premium Motor...