Browsing Category
Africa
Nigeria Exchange Lists Potentials As Green Bonds Market Hits $136m
The value of Nigeria’s green bonds market has hit $136 million within three years with four issuances recorded…
Nigeria Exchange Group’s structure Get ASHON Belief
The Association of Securities Dealing Houses of Nigeria has restated its confidence in the leadership and…
FCMB Gets Recognition As Best SME Bank In Africa And Nigeria – Asian Banker,…
First City Monument Bank (FCMB), has been recognised as Best SME Bank in Africa and Nigeria at the Asian Banker…
Stanbic IBTC Bank Revenue Shrinks, Profit Drops By 53%
Stanbic IBTC Holdings Plc reported a 52.85 per cent drop in its profit before tax for the first half this year amid…
Nigeria: Investors Lose N4.23bn As Consumer Goods Stocks Decline
The equities market of the Nigerian Exchange Limited declined by N4.23bn at the end of trading on Monday amid…
Nigeria: Lotus Bank Expands With New Locations
LOTUS Bank has announced the opening of three new locations in Lagos State in a bid to expand its footprint in the…
$75m Investment Injected Into Ecobank
Ecobank Transnational Incorporated has announced the receipt of a $75m perpetual non-cumulative additional tier-1…
NNPC To Sell Equity Stake From 2024
The GMD of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the earliest the corporation…
Yuguda: SEC Remits N1.5bn to FG, Assures of Profitability In Two Years
Following comments attributed to the Nigerian Senate that the Securities and Exchange Commission (SEC) was…
Journey Towards Nigeria’s Digital Currency
Central banks in more than 70 countries are presently studying or at advanced stages of developing their Central…
Transcorp, Honeywell, Access, Others Lift NGX Turnover By N8.7b
Heavy transactions in the shares of Transnational Corporation of Nigeria (Transcorp) Plc, Honeywell Flour Mill Plc…
Telecos To Pay N200,000 For Failing To Verify NIN – NCC
The Nigerian Communications Commission has proposed a fine of N200,000 for mobile communications services providers…
India, Netherlands, Spain Emerge Top Export Destinations for Nigeria’s Crude…
India, Netherlands and Spain have now filled the vacuum left by the United States as top buyers of Nigeria’s crude…
Nigeria: Oil And Gas Free Trade Zone Attracts $16.6bn Foreign Investments In 20…
The Oil and Gas Free Trade Zones Authority has attracted the sum of $16.6bn foreign direct investment into the…
Nigeria: Fintech Group Raises N2.2bn Series 1 Note
CapitalSage Technology Limited a Fin Tech company has raised a N2.2bn series 1 Private Company Notes issue, under…
PawaPay Raises $9M seed Backed By MSA, 88mph And Mr Eazi’s Zagadat Capital
The capital will be deployed to scale pawaPay’s operational presence, find more talent to join the team, and expand…
Stock Market Sheds N117bn As Investors Take Profits
The equities listed on the Nigerian Exchange Limited shed N117.03bn last week, with analysts attributing the market…
Pearl Capital And FCA Back Organic Agribusiness
Yield Uganda Investment Fund, an agribusiness impact vehicle managed by Pearl Capital Partners, and FCA Investments…
Nigeria: Dangote Refinery To Increase Workforce To 57,000 employees
The Founder, Dangote Industries Limited, Alhaji Aliko Dangote has said the construction of the Dangote Petroleum…
Agricorp Raises Mix Of Equity And Working Capital Financing
Agricorp International, Nigerian based spices producing, processing, and exporting company has raised $17.5…
Amethis Sells Its 22% Stake In Sodigaz APC to African Infrastructure Investment…
Amethis is pleased to announce the sale of its minority stake in Sodigaz APC to African Infrastructure Investment…
LASEPA shuts Ikorodu Steel Manufacturing Firms
The Lagos State Environmental Protection Agency has issued issued a ‘stop-work’ order to two steel and iron…
Estate Firm Increases Access To Short-Let Apartments In Lagos
In line with its ambitions to increase access to short let rentals, Shortlethomes, a leading real estate firm, has…
Stakeholders Laud NBC Over Waste Management Initiatives
Stakeholders in Nigeria’s manufacturing and waste management sectors have commended the Nigerian Bottling Company…
Include Revenue Sources In Budget Proposals, FG Tells MDAs
The Federal Government has directed all Ministries, Departments and Agencies of government to include revenue…
NNPC Earned N4.61tn, Spent N4.52tn in 2020 — BudgIT
The Nigerian National Petroleum Corporation earned revenue of N4.61tn and spent N4.52tn in 2020, according to a…
Africa’s Cross-Border Trade is Worth $93b – Osinbajo
The Vice President, Professor Yemi Osinbajo, has estimated the value of informal trade in the African Continent to…
Increasing Spending: FG’s Three-Year Deficit Hits N15.4tn Amid Revenue Crisis
Within a three-year period covering July 2018 to June 2021, the Federal Government recorded a fiscal deficit of…
Stock Market Halts Losing Streak, Investors Gain N35bn
Investors in the equities market of the Nigerian Exchange Limited gained N35.44bn fueled by buyer interest in…
LinkedIn Is Shutting Down Its Stories Feature To Work On Short-Form Video
Linkedin announced that that it will suspend its Stories feature on September 30 and begin working on a different…