Quick Take

MTN Nigeria has reported that deposits held for mobile money (MoMo) customers rose to N1.091 billion as at June 2022. Cash held for MoMo customers...

Capital market operators have fingered regulators such as the Nigeria Securities and Exchange Commission (SEC), Federal Competition and Consumer Protection Commission (FCCPC), Nigeria Exchange...

Fidelity Bank will have to embark on an aggressive scheme of mergers and acquisitions to attain a highly coveted ambition of seating among the...

The Bank of Industry (BOI) has made an equity investment valued at N3.5 billion in Ketron investment Limited, which acquired ShopRite stores in Nigeria. “These...

Femi Otedola the largest shareholder in FBN Holdings the parent company of First bank of Nigeria used a sophisticated form of financing known as structured finance...

Africa Finance Corporation (AFC), a Nigerian based infrastructure development investment firm increased profits by 27 per cent to $209.73 million in 2021, largely as...

The Dangote Petroleum Refinery and Petrochemicals (DPRP) plant is undertaking construction of an integrated crude oil refinery and petrochemical plant that will convert crude...

Dangote Fertiliser generated N30 billion in revenues and contributed 2.3% to Dangote Group’s revenue (as of 30 September 2021), as the first line of...

MTN Nigeria Communications Plc has notified the Nigerian Exchange Limited and the investing public that its fintech subsidiary, MoMo Payment Service Bank Limited, has...

The Dangote Fertilizer plant which was commissioned in 2021 following delays operated on a 25% capacity utilisation rate in its line 1 in 2021...