The federal government alongside the NNPCL recently announced the completion of the rehabilitation work on the Area-5 Plant of the Port Harcourt Refining Company in Rivers State.The facility is expect...
The Corporate Affairs Commission (CAC) has extended the four-month deadline for delisting companies without annual returns. The initial deadline was fixed till January 1, 2024, but extended to April 1...
On Tuesday, Naira showed resilience against the dollar in the official foreign exchange market to close higher at 5.1% or N878.61/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM).This sho...
The acting Chief Executive Officer of the Nigeria Exchange Limited (NGX), Mr Jude Chiemeka, has revealed that the stock market contributed to raising over N3.85 Trillion to finance different governmen...
FBN Holdings Plc recently appointed Femi Otedola as the new Chairman of its Board of Directors after the retirement of Ahmad Abdullahi.This announcement was shared in a Wednesday corporate notice file...
MultiChoice, a pan-African pay-TV, has turned down the recent offer from Canal+, one of its largest shareholders, on plans to acquire the Company for $2.5 billion.The TV company made this announcement...
MultiChoice Group has announced that its Nigerian subsidiary has agreed with the Federal Government of Nigeria through the Federal Inland Revenue Service to pay a total tax of about $37.3 million.&nbs...
It has been reported that FX inflows at the Nigerian Autonomous Foreign Exchange Market (NAFEM) increased by 66.7% last week to settle at $2.2 billion after local commercial banks followed the directi...
Jeff Bezos, the third richest man in the world and founder of Amazon.com, has moved to sell 12 million company shares. This is his first stock sale in over three years—his last sale was in 2021.Acco...
Carbon, a top digital fintech service provider, has acquired Vella Finance, a Nigerian firm focusing on small and medium-sized enterprises.The fintech giant announced the acquisition of Vella Finance ...