The Nigerian Exchange (NGX) Ltd on Friday moved 232.85 million shares worth N1.85 billion in 3,351 deals, creating a growth in turnover of 24.97 per cent…
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All the latest business news in Nigeria
The Nigerian National Petroleum Corporation (NNPC) has declared ₦287 billion as its profit after tax for the year 2020. The figure was announced on Thursday by…
Multichoice Nigeria Limited, the owners of cable television services, DSTV, has been directed to pay 50 per cent of ₦1.8 trillion tax backlog – about ₦900…
Africa-focused digital payment business, OPay, has announced raising $400 million in new financing led by SoftBank Vision Fund 2, valuing the company at $2 billion. The…
Shell Petroleum Development Company of Nigeria Ltd. has declared a force majeure on the loading of Nigeria’s key crude grade Forcados. Shell announced the force majeure…
Trading at the Nigerian Exchange (NGX) Ltd. started the week on Monday with the market capitalisation shedding ₦9 billion. The market capitalisation had opened the week…
The World Bank (WB) and African Development Bank (AfDB) have provided $550 million in funding to the Rural Electrification Agency (REA) in support of the implementation…
The Nigerian National Petroleum Corporation (NNPC) says it made total revenue of ₦2.129 trillion from the sales of petroleum products between March 2020 and March 2021.…
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale of Foreign Exchange…
The Central Bank of Nigeria has partnered with cybersecurity stakeholders to launch a new cyber awareness campaign tagged ‘#NoGoFallMaga’. The initiative was launched in collaboration with…