The Nigerian Economic Summit Group (NESG) has endorsed the proposed stabilisation fund aimed at providing single-digit interest rate loans to boost Nigeria’s manufacturing sector. Speaking during...
The Nigerian Exchange Limited (NGX) has named Geregu Power Plc as the “Most Compliant Listed Company” for the 2023 financial year during the 2024 Made of...
Oando Plc has announced a nearly 50% increase in crude oil production within three months, following its acquisition of the Nigerian Agip Oil Company (NAOC) from...
Foreign investments in Nigeria’s telecommunications sector plummeted to $14.4 million in the third quarter of 2024, representing an 87% decline from the $113.42 million recorded in...
Seedstars Africa Ventures I, a venture capital fund focused on early-stage investments in scalable African startups, has announced the successful first close of $42 million. The...
Shares of Consolidated Hallmark Insurance Limited have surged over 20% in the first five days of December, bringing the year-to-date gain to an impressive 67%. This...
Elon Musk’s xAI, a rapidly growing artificial intelligence company, has announced the successful completion of its Series B funding round, raising a significant $6 billion. In...
Stakeholders from the financial and creative sectors have urged increased investment in the country’s film industry to unlock its potential for economic growth and job creation....
Some members of the minority investor community in Nigeria have vowed to take up their rights in the ongoing N239.4bn rights issue of United Bank for...
Swiss-based building materials leader, Holcim AG, has announced its decision to sell its Nigerian operations to China’s Huaxin Cement Co. in a deal valued at $1...