Nigerian equities Sheds 0.17% as profit-taking returns Trading in the domestic equities market started the week and month on a sour note, as sell-offs of some...
MTN Group disclosed it had exited its 18.9 per cent stake in African online retailer, Jumia, making R2.3 billion (equivalent to N53.82 billion) in net proceeds....
COVID-19: FG approves N5bn bailout funds for airlines, others The Federal Government has approved the sum of N5 billion as a bailout for airline operators and...
The Nigerian Communications Commission (NCC) has granted approval for two mobile network operators (MNOs), MTN Nigeria and 9Mobile, to carry out a trial on the workability...
In the two-year period of 2020 and 2021, remittances to low and middle income countries will experience significant decline to the tune of $978 billion. This...
The Nigerian Stocks Exchange defied negative performance by most other stock exchanges in the global market as it ended activities for October in the green territory....
By Investdata Analysts October was a great trading month, as the Nigerian Stock Exchange (NSE) recorded its highest monthly gain since February 2018 with the benchmark...
MTN Group has announced a strong set of financial results for the third quarter of 2020 as its aggregate subscriber base soared to hit 273 million....
Mastercard has unveiled an AI-powered suite of tools designed to help banks assess cyber risks across their ecosystem and prevent breaches. Drawing on the capabilities of...
Ant Group raised over $34.5 billion in Hong Kong and Shanghai. The company recorded a huge retail investors bid of $3 trillion which equals the Gross...
The board of Nigerian Breweries Plc has recommended an interim dividend of N1.9 billion with a payout of 25 kobo per share, from its N7.05 billion...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N682.06 billion to the three tiers of government in September 2020. This is contained in the...
By Andrew Bourne For a while now, tech companies and workers have been eyeing smaller cities to escape the exorbitant real estate costs, manic lifestyles, and...
Market Update for October 28 By Investdata Analysts The bull rampage on Nigerian Stock Exchange continued at the midweek as the upward momentum and increased buying...
Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures obtained from the National Bureau of...
Airtel’s board has announced that the Ghana government and AirtelTigo are in the advanced stages of concluding an agreement to transfer the mobile operator AirtelTigo to...
The Asset Management Corporation of Nigeria (AMCON) has said that it is yet to finalise an ‘out-of-court settlement’ with the management of Pan Ocean Group, over...
After appearing to have stabilised against the dollar across foreign exchange markets in recent days, the naira on Wednesday and Thursday fell to N465 per dollar...
MTN Nigeria Communications (MTNN) Plc has said its mobile subscribers’ base increased to 75 million while service revenue increased by 13.9 per cent to N973.8 billion...
The Civil Society Legislative Advocacy Centre (CISLAC) has described the recent hoarding of palliatives meant for indigent Nigerians following the outbreak of coronavirus as scandalous. In...