In its recent report, Stanbic IBTC Holdings Plc announced that the firm plans to raise over N550 billion through a debt issuance program and a rights issue.The bank, in a notice filed with the Nigeria...
British International Investment, an impact investor and development finance institution based in the United Kingdom, has reported that it has entered into a risk-sharing agreement worth $100 million ...
Mr Akinwumi Adesina, the president of the African Development Bank, stated yesterday that non-transparent resource-backed loans threaten Africa's economic prospects because they make debt resolution m...
Nigerian Exchange Group Plc's shareholders at the 63rd Annual General Meeting (AGM), held in Lagos yesterday, approved, among other important resolutions, the management's plan to raise N10 billion th...
According to data from BusinessDay, Stanbic IBTC Holdings Plc's generated profit in the first quarter (Q1 2024) of this year was the highest in at least 13 years.In the first quarter of 2023, its pre-...
The federal government recently announced that the bidding process for the 2024 oil round has begun. Twelve oil and seven deep offshore blocks from the previous round are for sale.The Nigerian Upstrea...
Just recently, Changpeng Zhao, the founder of Binance, which is reported to be the largest cryptocurrency exchange in the world, was sentenced to four months in prison on allegations of money launderi...
Nestlé Nigeria Plc's recent report shows a revenue growth of 43.4% to N183.5 billion in the first quarter of 2024.The Company's unaudited Q1 results for the period ended March 31, 2024, were released...
MTN Nigeria Communications Plc recently released its report for Q1 2024, which shows that the telecommunications company recorded a loss after tax of N392.7 billion.The company reported a net foreign ...
On Wednesday, the federal government announced that the new minimum wage will begin on May 1, 2024.The State Minister for Labour, Mrs Nkeiruka Onyejeocha, revealed this during her speech on Wednesday ...