In a recent announcement, Nigerian Breweries Plc declared it would use a rights issue to raise up to N600 billion.The decision to raise capital was made at Tuesday's Board of Directors meeting, accord...
It was reported that after the Central Bank of Nigeria unified the foreign exchange market, International Breweries Plc reported a loss of N70.03 billion for fiscal year 2023, up from N21.63 billion t...
Cadbury Nigeria Plc, a consumer goods company, has announced that it will not pay dividends to its shareholders for the 2023 fiscal year because it suffered a huge loss of N19.09 billion after taxes.A...
In its most recent Forbes billionaire list, the rating company named Nigerian businessmen Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola as the richest Nigerians in 2024. This is desp...
The Alternative Bank, in collaboration with TK Tech Africa, has come to implement measures that are positioned to transform the landscape of financial technology and non-interest banking in Nigeria th...
Zenith Bank Plc has been ranked Nigeria's best bank in the recent Global Finance Best Banks Awards 2024. The bank has emerged four times since 2019, including the most recent ranking.Zenith Bank Plc w...
The recently released stats on the Nigerian Stock Exchange have revealed that there has been a positive progression due to the economic reforms implemented by the Bola Tinubu administration. Because o...
The Economy and Financial Crimes Commission has filed $35,400,000 in money laundering charges against Binance Holdings Limited and two top executives, Tigran Gambaryan and Nadeem Anjarwalla, who are f...
Local stocks at the Nigerian Stock Exchange closed for the week's final trading session, also known as Q1 2024, with a gain of N158 billion in market capitalisation following share price appreciation ...
According to a recent report, Tigran Gambaryan, a Binance executive who was among the officials currently detained, has filed a lawsuit against the Economic Financial Crimes Commission (EFCC) and Nati...