Nigeria, July 26 -- Nigeria's biggest company by market value, Dangote Cement, attained only a single-digit rise in net profit for the year's first half, a performance at variance with that of its tur... Read More
Nigeria, July 25 -- FCMB Group made capital out of the three upward reviews of the benchmark interest rate by monetary authorities in Nigeria between January and June. The development set the tone fo... Read More
Nigeria, July 24 -- The chair of FBN Holdings and majority owner of Geregu Power, Femi Otedola, has joined the circle of prominent Nigerians mustering support for Africa's most affluent man Aliko Dang... Read More
Nigeria, July 22 -- Africa's wealthiest man Aliko Dangote said he is willing to give up ownership of his multibillion-dollar oil refinery to the state-owned energy company NNPC Limited. The billionai... Read More
Nigeria, July 22 -- Barely six months gone, the year has been strongly on the side of stocks, with Nigerian equities having gained 34 per cent to date, led by the NGX Industrial Goods Index. That sec... Read More
Nigeria, July 18 -- The Nigerian government is taking aim at lenders by introducing windfall tax on banks' foreign currency revaluation gains, hoping to use the proceeds to part-finance its spending p... Read More
Nigeria, July 15 -- Dangote Refinery is upbeat its 650,000 barrel-per-day capacity crude processing plant will commence sales to fuel marketers in August. The development follows the intervention of ... Read More
Nigeria, July 13 -- An English court has rejected an appeal by Process and Industrial Development (P&ID), a company owned by two Cayman Island-based entities, to dismiss an earlier ruling about the cu... Read More
Nigeria, July 13 -- An English Court of Appeal has rejected a move by Process and Industrial Development (P&ID), a company owned by two Cayman Island-based entities, to set aside a previous judgement ... Read More
Nigeria, July 12 -- Geregu Power turned in 148.5 per cent more in net profit for the first half of the year compared to the same period of last year. The company's position was impacted by increased ... Read More