Reports show that in the first quarter of 2023, the two largest traded businesses in Nigeria were the telecommunications firms with Airtel Africa and MTN Nigeria having market values of N5.56 trillion...
The Nigerian stock market started with positive news in July (Q2 2023) as investors gained N534 billion on the first trading day of the month. This news was recorded on the closing day yesterday as in...
The People’s Bank of China said on Friday that it would cut the reserve requirement ratio (RRR) by 50 basis points for all banks. The new order is set to take effect from July 15.“We think this br...
The Nigerian Exchange (NGX) temporarily stopped trading on seven businesses for refusing to abide by to best corporate governance practices, which require them to present audited results within a cert...
The appointment of Mr. Femi Otedola the Chairman of the electricity producer Geregu Power Plc as a Non-executive Director of FBN Holdings is coming after a successful AGM where shareholders approved h...
Author of ‘Black Swan’ Nassim Taleb says Bitcoin’s worth is equal to zero and has failed as a currency and a hedge against inflation.The author who spoke in favor of bitcoin before has now rever...
On Wednesday, the Government of Kwara State began the distribution of rice palliatives to the state's most disadvantaged residents. The committee in charge of the palliative distribution stated that 2...
Recently, the International Air Transport Association (IATA) published that Nnamdi Azikiwe International Airport (Abuja) was topping the chart of airports with the highest airport charges, followed by...
One of the well-known angel investors in Nigeria's tech sector, Olumide Soyombo has announced the launch of a new fund, Voltron Capital, a Pan-African VC firm co-founded with US-based investor and...
The Nigerian Exchange Limited on Wednesday experienced a N35bn decline in market capitalization with big stocks experiencing decline. On the list were MTN Nigeria (-0.63%), Dangote Sugar (-1.64%), Laf...