It has been reported that shareholders of Access Holdings Plc, during its last Annual General Meeting (AGM), held in Lagos State, Nigeria, approved the $1.5 billion capital raise on Friday last week. ...
First Bank of Nigeria Holdings (FBNH) recently appointed Mr. Olusegun Alebiosu as its acting CEO.The announcement was made public on Sunday evening after the bank confirmed Alebiosu's appointment in a...
Bloomberg reported on Thursday that Dangote Refinery has been shipping products as it prepares two units for petrol (petrol) output, which will transform the fuel market in Nigeria and the surrounding...
On Thursday, the Minister of Finance, Wale Edun, stated that the fiscal authority is complementing the efforts of the Central Bank to ensure the stability of the economy through the issuance of N8 tri...
Bloomberg reported that the biggest search engine has laid off over 20 employees in response to their opposition to Google's $1.2 billion contract to supply cloud and AI services to the Israeli govern...
It has been reported that the naira noticed a significant shift against the United States dollar at the official market on Wednesday, following a slight depreciation on Tuesday.The naira closed Wednes...
The Nigerian Stock Market closed its eighth consecutive loss with an N57 billion win, which can be attributed to investors' demand for FBN Holdings (FBNH) Plc and 16 others.The NGX All-Share Index (AS...
Transcorp Power Plc recently reported that by December 2024, it intends to boost its power-generating capacity from 550 to 740 megawatts.The power company's MD/CEO, Mr Peter Ikenga, revealed this duri...
Nigerian Breweries, one of the biggest beer manufacturers, announced on Tuesday in its recent note to the Nigerian Exchange Limited that it will proceed to restructure its entire business in response ...
On Tuesday, the Dangote refinery announced that the price of a litre of diesel would be reduced from N1,200 to N1,000.The company expects the significant decrease in diesel prices to positively affect...