Browsing: Business

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…

The Nigerian Exchange (NGX) ended the week on a downward trend, dropping by 0.19 per cent on Friday. The NGX All-Share Index, which closed at 42,167l.91…

The Nigeria Exchange Ltd. (NGX) began December with a loss of N409 billion due to profit-taking in MTN Nigeria Communications (MTNN) and 22 others. The market…

President of African Development Bank, Akinwunmi Adesina says the Nigerian government can’t justify its increment of taxes. Adesina said the Nigerian government cannot compare itself with…