Investors took positions in Airtel Africa’s stock on Wednesday, pushing Nigeria’s bourse capitalisation up by N417 billion. Market capitalization, which opened at $24.059 trillion rose by…
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All the latest business news in Nigeria
Nigeria’s exchange started its trading week on Monday in a bearish mood after losing N30 billion due to selling pressure on BUA Foods and 21 other…
Standard Chartered Plc is closing about half of its branches in Nigeria in a move toward digital banking as mobile money providers make inroads in the…
Five Nigerian oil and gas companies plan to bid this month for Royal Dutch Shell’s onshore oilfields in a deal that could fetch up to $3…
BUA Foods Plc has listed a total of 18 billion shares on the Nigerian Exchange (NGX) after receiving approval from the bourse. The firm, in a…
Nigeria’s stock market rebounded on Tuesday by N5 billion, ending six days of consecutive losses. Market capitalization grew by five billion or 0.02 per cent to…
Equinix announced on Tuesday that it will pay $320 million for MainOne, a West African data centre and connectivity solutions provider with operations in Nigeria, Ghana,…
Nigeria’s total merchandise trade reached N13.3 trillion in Q3 of 2021, up 10.43% from N12.02 trillion in Q2, according to the Statistician-General of the Federation, Simon…
Domestic equity market activities continued last week’s bearish trends, with indices dropping 0.38 per cent amid sell-off pressure. Thus, the All-Share Index fell by 159.31 points…
TradeDepot, a leading B2B eCommerce platform in Africa, has raised $110 million in equity and debt funding to scale its buy-now-pay-later offering to over 5 million…