The majority shareholder in Airtel Africa, Bharti Airtel, has acquired an additional 4.45 percent stake in Airtel Africa. This additional stake is has a valuation of N409.4 billion, based on a share p...
The Nigerian equity market recorded a gain of N1.83tn last week as the All-Share Index and Market Capitalisation appreciated by two per cent and 2.78 per cent to close at 108,053.95 points and N67.418...
Cryptocurrency exchange Bybit successfully covered its $1.46 billion loss from a recent hacker attack through a combination of loans, whale deposits, and Ethereum (ETH) purchases, according to blockch...
The steady appreciation of the naira was as a result of about $8 billion the federal government spent to keep it up to its current levels, Bismarck Rewane, the MD/CEO of Lagos-based Financial Derivati...
The stock market has been on the uptrend for the fifth consecutive week and this movement was driven by investors taking positions for portfolio rebalancing, prompted by pressured sell-offs across var...
Singapore-listed Olam Group on Feb 24 said it will sell a 44.58 per cent stake in its agricultural products business Olam Agri for US$1.78 billion (S$2.35 billion) to Saudi Agricultural and Livestock ...
The Nigerian stock market experienced a downturn on Thursday, as bearish sentiment returned, resulting in a N26 billion loss for investors. Consequently, the market capitalization of the Nigerian Exch...
The naira’s strong performance has continued as the local currency appreciated again to close at N1514/$1 at the parallel market on Wednesday, February 19, 2025. This represents an N11 or 0.72% gain w...
The committee was set up on Tuesday during the first meeting council for 2025 held at the Presidential Villa, Abuja. The committee headed by the Minister of State for Industry, Trade and Investment, S...
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the drastic reduction in inflation figures following the rebasing of the Consumer Price Index (CPI) does not necessarily tr...
