The Central Bank of Nigeria (CBN) recently reported that it has successfully finished the sale of government securities, issuing N1.053 trillion (US$680 million) in short instruments as part of its li...
In its latest report, Dangote Cement revealed that its profit before tax was N533.10 billion for the financial year that ended December 31, 2023, which signifies a 6% increase from the corresponding y...
With the suspension of the P2P feature on Binance, Nigerian cryptocurrency traders cannot convert or trade their coins on the platform. The duration of this ban is yet to be determined. The recent sta...
The Board of Directors of Lafarge Africa recently announced that it will pay shareholders a dividend of N1.90 per unit of its shares for the year ending December 2023, which amounted to a total of N30...
The Nigerian Stock Exchange market witnessed an increase following days of a bearish run. Market capitalisation gained N390 billion in Thursday trading, the last day of February 2024. In total, market...
The House of Representatives, in a bid to address the MultiChoice tax issue, has initiated an investigation into MultiChoice Nigeria's alleged failure to pay about N1.8 trillion and $342 million in ta...
Nestle Nigeria recently announced that its liabilities exceeded its past assets by N78.1 billion in 2023 following the naira's free fall, which affected operations.The company recorded a loss followin...
Investors at the Nigerian Stok Exchange finished the mid-week in a red zone after investors engaged in sell-off activities, which led to a market capitalisation loss of N720 billion.This is the third ...
It was reported yesterday that the Nigerian government detained two Binance crypto exchange platform executives. The arrest was made after the two officials of the largest crypto exchange platform arr...
The Nigerian Communications Commission (NCC) has instructed telecom operators to block subscribers on platforms not linked to the National Identification Number (NIN) on or before February 28, 2024.Dr...