Nigeria, Sept. 27 -- Pan-African banking group Ecobank Transnational Incorporated has exited Mozambique after completing the sale of its stake in Ecobank Mozambique S.A to FDH Bank Plc, according to a... Read More
Nigeria, Sept. 26 -- The chair of First HoldCo Plc, Femi Otedola, has increased his holding in the financial services group through recent direct and indirect share acquisitions, according to regulato... Read More
Nigeria, Sept. 25 -- The Federal High Court in Lagos has issued an order barring any actions against General Hydrocarbons or its assets over a debt incurred by Atlantic Energy Drilling Concept Nigeria... Read More
Nigeria, Sept. 22 -- French media giant Canal+ has completed a buyout of South Africa's MultiChoice Group, the parent company of pay TV operators DSTV and GOTV. CEO Maxime Saada announced a new board... Read More
Nigeria, Sept. 15 -- Despite an absence of key drivers, Nigerian stocks advanced by 1.1 per cent last week, indicating the extent of the resilience the market has built for itself so far this year. Th... Read More
Nigeria, Sept. 10 -- Nigeria's tax reform laws, which were enacted in June, have been published in the official gazette, Taiwo Oyedele, the chair of the Presidential Committee on Fiscal Policy and Tax... Read More
Nigeria, Sept. 8 -- Nigerian stocks depreciated by 0.9 per cent last week on account of sell-offs in industrial goods and bank stocks, leaving the year-to-date return of the bourse at 35 per cent. An... Read More
Nigeria, Sept. 5 -- PZ Cussons Nigeria has reported a return to annual profit after cutting back an enormous foreign exchange loss that hit bottom line in 2023 by 95.1 per cent. After-tax profit for ... Read More
Nigeria, Sept. 1 -- Nigerian stocks depreciated by 0.5 per cent last week on the back of profit-taking activities, especially in bank and insurance stocks. Trade volume also declined by as much as 33 ... Read More
Nigeria, Aug. 29 -- Nigeria's biggest lender by market value Guaranty Trust Holding Company (GTCO) raised the outstanding cash its banking unit needs to meet the N500 billion minimum regulatory capita... Read More