Dangote Petroleum Refinery & Petrochemicals has reported a sharp increase in investor subscriptions as its landmark Initial Public Offering (IPO) enters its final days,...
Seven of Nigeria's largest listed banks increased combined first-half pretax profit by 19.3%, but one lender First HoldCo Plc, did most of the work....
President Bola Tinubu on Saturday blamed opposition leaders for Nigeria’s hunger and poverty, accusing them of creating problems they now exploit against his administration.
“I...
Stanbic IBTC fixed income and currencies has cushioned the lender’s earnings as the central bank’s recent interest rate cuts are putting pressure on traditional...
Opay Ltd., a Nigeria-focused payments platform, is seeking to raise up to $336 million in an initial public offering (IPO).
The company plans to market...
Nigeria's economy is worth about $2.4 trillion when measured by purchasing power parity (PPP), making it the world's 19th-largest, Finance Minister Taiwo Oyedele told...
FirstHoldCo Plc climbed by the maximum daily limit on Friday after reporting a sharp increase in nine-month profit, as stronger fees, a turnaround in...
The Central Bank of Nigeria (CBN) has officially granted an Approval-in-Principle (AIP) to JPMorgan Chase & Co. to establish JPMorgan Merchant Bank Nigeria Limited.
Announced...
The Central Bank of Nigeria has highlighted foreign exchange market reforms, banking sector recapitalisation, and financial inclusion as key measures to strengthen the country’s...
