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The Lagos State Government has gone to the bond markets for new round of borrowings to the tune of N125 billion, however only 7...

Listed insurers in Africa’s largest economy are facing inflationary pressures due to Naira’s weak performance against the Euro and Dollar making parts and materials...

Stakeholders say Odu’a Investment Company Limited (OICL), one of the largest conglomerate companies in Nigeria, could be turned into a state-owned investment fund that...

Dangote Cement’s brand new $500 million Cement Plant in Ethiopia risks being ensnared in the civil war stirring in the country as rebels opened...

The approval in principle for payment service bank licenses granted by the Central Bank of Nigeria (CBN) to the two major telecommunications firms, MTN...

Femi Otedola, the Nigerian billionaire businessman that just acquired a 5.07% stake in tier-one lender First Bank of Nigeria used numerous vehicles to conceal...

There is a link between U.S. Representative Jeff Fortenberry a Republican indicted this week for lying to federal authorities about a $30,000 campaign contribution...

The Oil and Gas premium of the largest insurers in Africa's largest economy has improved significantly on the back of the Local Content Act...

Domestic oil and gas producers such as Heirs Oil and Gas and Seplat Energy are in the money as oil prices close in on...

Nigeria’s Central Bank Governor has said that the dollar denominated loan obtained to construct the Azura Independent Power Plant (IPP), is not considered an...