MTN Nigeria has fallen 10% to a five-week low of N171 after setting a retail offer price lower than its stock market price. The telecommunication giant…
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All the latest business news in Nigeria
The Nigerian stock market ended the month of November on a bearish note on Tuesday with a loss of N12 billion. Specifically, the market capitalisation decreased…
Nigeria’s exchange rate management policies have been criticized by the World Bank as discouraging investment and fueling inflation The bank announced this in its November Nigeria…
Despite global efforts to end investments in fossil fuels, gas remains critical for African economies, African Development Bank President Akinwumi Adesina said on Thursday. Adesina, a…
South Africa’s biggest telecoms operator, MTN Group Ltd (MTNJ.J) plans to proceed with a public offer to sell up to 575 million shares in its Nigeria business The…
The Country Chair of Shell Companies in Nigeria (SCiN), Osagie Okunbor, says Nigerian companies were awarded 100 percent of the firm’s $800 million worth of contracts…
Nigerian Exchange Group (NGX), which had closed in the red on Monday, reversed the negative trend on Tuesday following buying interest in BUA Cement. The market…
Nigeria’s debt office announced on Tuesday that a sovereign Sukuk would be issued before the end of the year to finance critical road projects across the…
The Nigerian Exchange Ltd (NGX) saw sustained gains on Friday, as the All-Share Index crossed 42,000. The index gained 77.46 points or 0.18 per cent to…
The Nigerian Exchange Group’s indices rose by 0.14 per cent on Friday as bargain hunters sought out dividend-paying stocks. The All-Share Index climbed 59.15 points or…