Nigeria, June 4 -- Oando Plc reported a 265.2 per cent jump in net profit for last year, according to its audited financial statements released on Wednesday, as increased crude oil sales lifted turnov... Read More
Nigeria, June 4 -- Nigeria's fintech company Moniepoint got a key regulatory approval to acquire a 78 per cent controlling stake in Nairobi-based Sumac Microfinance Bank Limited, according to a statem... Read More
Nigeria, June 2 -- Nigerian stocks appreciated by 2.5 per cent last week, reversing the preceding week's loss, as increased demand for consumer goods equities drove gains. The main equity index has y... Read More
Nigeria, June 2 -- Access Holdings Plc, Nigeria's biggest lender by assets, completed a buyout of National Bank of Kenya (NBK), the financial services group announced on Monday, firming up its grip on... Read More
Nigeria, May 27 -- Toyota Nigeria's CEO Olakunle Ade-Ojo spent N3 billion acquiring new shares in Lagos-listed Custodian Investment Plc in the one week to 26 May, according to a regulatory filing on M... Read More
Nigeria, May 26 -- Nigeria's monetary authorities' decision to keep a hold on interest rates last week set the stage for sell-offs in some key sectors, triggering the first loss the market recorded in... Read More
Nigeria, May 22 -- President Bola Tinubu's "tough but necessary" reforms to transform Nigeria to an investor-friendly haven has proven the president's "bold and visionary leadership," Femi Otedola, to... Read More
Nigeria, May 19 -- Nigerian stocks continued on the path of gain last week, their fourth week of positive performance, with consumer goods stocks leading the advance this time around. That momentum h... Read More
Nigeria, May 17 -- The Nigerian Government has won the first round of its bid to set aside a 2018 default judgement involving a $15 million fine against it in favour of Louis Emovbira Williams, a Brit... Read More
Nigeria, May 16 -- The Federal High Court Lagos Judicial Division on Thursday dismissed a motion by Lafarge Africa and Holcim Limited objecting to the court's jurisdiction to hear a matter involving a... Read More