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Why we’re selling Mobil Nigeria to Seplat — ExxonMobil
Texas-based major Exxon Mobil has given its reason for choosing to sell the entire shallow water assets of one of…
Monneo Launches a Unique Solution for the Affiliate Marketing Industry
Monneo has announced its exciting plans to launch Pixelpay, a stand-alone financial product designed specifically…
responsAbility and Belgian DFI invest debt in candi solar
responsAbility Investments, the Swiss impact investment manager, and BIO, the Belgian Investment…
Bank of America invests in Bamboo’s ABC Fund
The Agri-Business Capital Fund today announces that it has received its first investment from a corporate global…
Nigerian Stock: List Of Announced 2022 Dividend
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as…
LP ups its commitment to Janngo Startup Fund
In the wake of the EU-Africa Business Forum, the European Investment Bank has announced an additional €10 million…
EAC eyes trade-in-services under AfCFTA Agreement
The East African Community is developing a strategy to boost trade-in services.
This will position the bloc…
AgDevCo lands equity and debt funding package from DFIs
AgDevCo the specialist investor in early-stage African agribusinesses, today announced a $90m package of new…
MTN Launches New Brand Identity With Simplified, Innovative Logo
The company announced its brand repositioning using a contemplative slogan — “What Are We Doing Today?” It also…
NSE fall lifts dividend yields ahead of earnings season
The fall in share prices at the Nairobi Securities Exchange following a selloff induced by Russia’s invasion of…
Safaricom, Ethio Telecom in talks to share towers
Safaricom is negotiating an infrastructure sharing deal with Ethiopian rival Ethio Telecom.
As it prepares…
American investors back Clickatell’s healthy Series C
Clickatell the CPaaS innovator and Chat Commerce leader, today announces it has secured $91 million in their Series…
Seplat Energy Plc Proposes Final Dividend Of $0.025 To Shareholders
In a notice filed with the Nigerian Exchange Limited (NGX), Seplat Energy Plc has announced the payment of final…
Buhari, El-Rufai, KADCCIMA Extol Dangote At Trade Fair
Encouraged by his huge investments and philanthropic activities in the country, President Muhammadu Buhari and his…
NNPC Assures Of Sufficient Petrol For Distribution Across Nigeria
The Nigerian National Petroleum Company (NNPC) Limited, has assured Nigerians that it has sufficient stock of…
GNBC Partnership Will Strengthen Ghana-Nigeria Business Relations
The Consul General of the Ghana High Commission, Samata Bukari, has said the increased synergy fostered by the…
44 Stocks Drive Market Cap To N25.51Tn
The market capitalisation of equities listed on the Nigerian Exchange Limited appreciated slightly by 0.4 per cent…
FG increases school feeding cost to N100/child, spend N1bn daily
The Federal Government has increased the cost of feeding a primary school pupil from N70 to N100.
FG sets to…
$1.04bn spent on fuel imports in 2021, says CBN
The quantity of foreign exchange used for the importation of petroleum products into Nigeria fell to $1.04bn last…
Bad fuel: Regulator shuts four filling stations in Anambra
The Nigeria Midstream and Downstream Petroleum Regulatory Agency have suspended the operations of four filling…
Nigeria exports software to other African countries, says NOTAP
The Director-General of the National Office for Technology Acquisition and Promotion, DanAzumi Ibrahim, has said…
IMF seeks recapitalisation of banks hit by COVID-19
The International Monetary Fund yesterday advised the Federal Government and governments of other emerging…
Nigeria sues JP Morgan in London over $1.7b oil deal
A London high court began to hear a lawsuit yesterday launched by Nigeria against United States bank JP Morgan…
BUA Foods, Notore, UPDC on track to sell controlling shares
In a bid to make more of their equities available to the investing public, newly listed BUA Foods plc, Notore…
MTV Base partners Tomtom to boost new programme
MTV Base has announced Nigeria’s number one candy brand, TomTom, as the official sponsor of the new season of MTV…
Treasury Targets Sh50 Billion From March Bond Sale
The National Treasury is seeking to raise Sh50 billion from three bond sales in March, comprising reopening of…
Since 1973 Naira Loses10.6% Of Its Value Annually – IMF
The International Monetary Fund says the long-term rate of the depreciation of the naira equates to a loss of 10.6…
WHO Sets Up Hub To Train Low And Middle-Income Countries On Vaccine Production
The World Health Organization (WHO) has set up a hub in South Korea to train Nigeria and other low and…
Nigeria’s N898Bn Wheat Imports At Risk As Russia-Ukraine Conflict Escalates
Russia’s status as the largest exporter of wheat in the world is causing disquiet in many countries following its…
Blackout Fears As Kenya Power Staff Plan Strike
Kenya Power’s KPLC workers have threatened to go on strike in a dispute over the firm’s plans to lay off 20 percent…