MTN Nigeria 2021 primary offer was oversubscribed by 139 percent with as many as 6.6 million Nigerians now holding the telco share — directly or indirectly....
Binance, one of the largest cryptocurrency exchanges in the world, says it restricted the accounts of 281 Nigerian users to prevent fraudulent activities and ensure the...
In apparent reflection of the improved liquidity in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, fell by 46 per cent,...
Retail Supermarket Nigeria Limited (RSNL), owners of Shoprite in Nigeria, has announced plans to reopen the Circle Mall store. The store, located in Jakande, Lagos, was...
Airtel Africa, a multinational telecommunications company, has surpassed Dangote Cement to become the most capitalised company listed on the Nigerian Exchange Limited (NGX). For the first...
The Federal Inland Revenue Service (FIRS) has raked N6.4 trillion as revenue in 2021, the highest in its history. The 2021 revenue collection surpassed the N5.3...
Aliko Dangote, president of Dangote, has been named Africa’s richest person — with a net worth of $13.9 billion – up from $12.1 billion last year....
The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate (MPR), which measures interest rate, at 11.5...
Akinwumi Adesina, president of the African Development Bank (AfDB), has described the Dangote Refinery and Petrochemical Plant projects as a “game-changing initiative” that will spur development...
Aliko Dangote, chairman of Dangote Group and Africa’s richest person, says the refinery will begin processing crude by the third quarter of 2022. According to Bloomberg, the...