Weeks after Lekoil Limited was submerged in a loan scam, the company has secured a postponement agreement to keep its shares
Flutterwave has disclosed expansion plans to Francophone and northern Africa as it raises a $35 million Series B round.
Blueprint Consulting has denied its involvement in a scheme organised by one of its partners through which 354 forex trade investors were defrauded of N574.2 million.
Two fintech companies in Africa, MFS Africa and Frontclear, have secured $3.2 million worth of investments from FSD Africa Investments.
The Co-CEO of Konga, Prince Nnamdi Ekeh has disclosed how the company made it into becoming a clear leader in the competitive e-commerce market.
Continental Reinsurance Plc has reverted to a private limited liability company after two decades of operating as a public limited liability company.
Hyundai Motor Company has partnered with Kia Motors Corporation to jointly invest in the manufacturing of electric vehicles.
The Group CEO of GTB, Segun Agbaje, does not see the potential of Nigeria’s GDP growth figure going beyond 2% in the next twelve months.
Union Bank Plc is set to raise an additional N20 billion by issuing series 3 and 4 into the domestic capital market.
The Nigerian subsidiary of Samsung Heavy Industries has explained the reason the Asian company chose Nigeria as its first construction facility site.
Access Bank has finally acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches after receiving final approval from CBK.
Guaranty Trust Bank, Nigeria's largest bank by market capitalization, has crashed its interest rate for its payday loans from 1.75% to 1.33% per month. The bank reviewed its rate, which is published on its website, as it becomes one of the lowest in the lending space. #GTBANK
The Nigerian Entertainment Today (theNETng), in its latest report, has declared MultiChoice Nigeria’s DStv and GOtv platforms as the nation's preferred Pay TV service providers for home entertainment. #DStv #theNETng
The Board of Directors of PZ Cussons Nigeria Plc has announced the appointment of Mrs Jacqueline Ezeokwelume as the company's new secretary.
Flour Mills of Nigeria Plc just announced a planned issuance of a N20 billion medium-term bonds which will be subject to appropriate pricing.
The Board of Directors of Unilever Nigeria Plc has notified NSE of the appointment of Mr Carl Raymond R. Cruz as the Company’s new MD.
Days after the validity of Lekoil Ltd's $184 million loan became questionable, the company that brokered the deal said it is open to investigation.
Access Bank is set to establish a subsidiary in Cameroon, three months after acquiring a bank in Kenya. The Nigerian lender said it had finalised its expansion move to the Central Africa state, as it had received approval from the Central Bank of Nigeria (CBN).#ACCESSBANK,#CAMEROON,#CBN
The alleged loan scam rocking Lekoil Limited has eaten deep into the fabrics of the firm's shares, as the stock down by 73%, when it closed at 2.50 pence on the London Stock Exchange on Tuesday. #LEKOIL, #LSE
The Board of Champion Breweries Plc has notified the NSE of the appointment of Mr Georgios I. Polymenakos as the Company’s Managing Director.
Real Madrid have lost its position to Spanish League rival, Barcelona, on the list of the highest-earning football clubs in the world.
A group of South African judges have ruled in favour of Old Mutual Limited in a case filed against it by its former CEO, Peter Moyo.
Popular payments company, Visa, has announced that it is acquiring fintech startup, Plaid, in a deal worth $5.3 billion. #PLAID #VISA
The shares of Nigerian-based oil company, Lekoil Limited, has been suspended from trading at the London Stock Exchange’s ‘AIM’.
Nairametrics is pleased to announce its 2020 Economic Outlook Hangout. The event will hold this Saturday, January 18th, by 10 am prompt.
Managing Director/CEO, Okomu Oil Palm Plc, Graham Hefer, said the closure of the borders has been a blessing to the palm oil industry, as he called for the exercise to continue. #OKOMUOIL,#BORDERCLOSURE “The effect it has had on our local market share is that there have been some new companies requesting for Crude Palm Oil