Crude prices

How global events are impacting crude prices in 2019

Global oil prices have risen for the first time in 2019, thanks to a wide array of global events.
Coronation Merchant Bank

Coronation Merchant Bank, JP Morgan, Barclays, Citi Bank, Morgan Stanley ranked amongst World’s best...

The Bank's achievements over the years have led to numerous accolades in recognition of excellent service delivery.
Ifie Sekibo, Financial Inclusion, Heritage Bank

Heritage Bank’s Ifie Sekibo addresses PSBs’ threat to lender banks

Managing Director and Chief Executive of Heritage Bank Limited, Ifie Sekibo has asserted that Payments Service Banks will pose no threats, neither will they be considered as competitors when they debut in Nigeria.
Transcorp sets record performance with Profit After Tax of N20.6 billion

Transcorp set to pay final dividend for full-year 2018

Transcorp is a publicly quoted conglomerate.
Marek Zmyslowski, Jumia Travel

Jumia Travel Founder continues fight against alleged Nigerian detractors

It was early last month that the Co-founder of Jumia Travel, Marek Zmysloski, first disclosed that he had been having challenges in Nigeria.
Nigerian Breweries Plc

Nigerian Breweries to pay dividend of N14.6 billion

Nigerian Breweries Plc is the pioneer and largest brewing company in Nigeria.
I-Invest, Treasury Bills - South Africa Pension scandal: How not to manage a Pension Fund

I-Invest generates over N2 billion transaction in less than 6 months

Sterling Bank and Parthian partners have come up with an app called I-Invest to solve this problem.
about 11 Plc

FOCUS: How this oil company went from popular to ‘unfamiliar’

It is not all the time that companies decide to change their names. And whenever they do, it is usually for important reasons...
CcHUB, Co-creation Hub

CcHUB launches Africa’s first ‘Design Lab’ in Kigali

CcHUB has built a community of over 13,000 technologists, entrepreneurs and thought-leaders.
Transcorp sets record performance with Profit After Tax of N20.6 billion

Transcorp sets record performance with Profit After Tax of N20.6 billion

Transcorp is a publicly quoted conglomerate with a diversified shareholder base of about 300,000.
Atiku Abubakar, Atiku claims he has big plans for private sector investment in infrastructure

Atiku Abubakar shocked by INEC’s shift of 2019 elections

Presidential candidate of the Peoples Democratic Party Atiku Abubakar has responded to the postponement of the 2019 general elections by the Independent National Electoral...
President Muhammadu Buhari | Federal government

President Buhari reacts to INEC shifting 2019 elections

President Muhammadu Buhari, has appealed for calm following INEC's rescheduling of Presidential and National Assembly elections. The elections which were billed to take place today,...
INEC postpones 2019 general elections

INEC postpones 2019 general elections

The Independent National Electoral Commission (INEC) has postponed the 2019 general elections. Chairman of the commission Mahmud Yakubu made this known in a press briefing...
Coca Cola, Wall Street

Coca-Cola full-year profit falls below Wall Street forecast

Strong dollar, among other things, has been blamed for Coca-Cola's failure to meet Wall Street expectations for the carbonated soft drink company's full-year profit, with revenue falling in the fourth quarter.
MTN Nigeria - Excitement aside, not all stakeholders are keen about MTN's NSE listing

Excitement aside, not all stakeholders are keen about MTN’s NSE listing

MTN recently confirmed that the exercise will be happening this year after all;  albeit by way of introduction in June 2019.
NCC Building, MTN, Glo, Airtel, 9mobile, NCC, Acquisition, Teleology

Telecoms operators fined N74 million for violating regulations

The four major telecommunications companies in Nigeria have been fined for various actions that contravene the rules and regulations of the Nigerian Communications Commission.
Shell Nigeria Exploration and Production Company, SNEPCo, Bonga, Oilfield, Bidders

Shell invites bid for new Bonga oilfield

One day after the Nigeria National Petroleum Corporation (NNPC) executed the process of the Heads of Terms (HoT), Shell Nigeria Exploration and Production Company (SNEPCo) is inviting interested bidder for one of the company's oilfield.

Axxela achieves initial issuer rating of BBB+(NG); outlook stable

Axxela is a Helios Investment Partners LLP portfolio company, and a designated natural gas shipper on the West African Gas Pipeline.

Dividend: Transcorp Hotels to pay 15 kobo per ordinary share

Transcorp Hotels Plc has announced to pay a final dividend of 15 kobo per ordinary share to its shareholders. The payment is subject to appropriate...
PMB vs ATIKU: The Same or Something Different?

PMB vs ATIKU: The Same or Something Different?

The two camps have since released their manifestos.
Fortis Microfinance Bank, Nigeria Deposit Insurance Corporation, Liquidation, Shutdown, NDIC

NDIC and shareholders trade words over the liquidation of Fortis MFB

The Nigerian Deposit Insurance Corporation, NDIC, has responded to 'unfounded claims' by shareholders over the collapse of Fortis Microfinance Bank.

FIRS suspends freezing of tax defaulters accounts

The Federal Inland Revenue Service (FIRS) has halted the freezing of bank accounts of tax defaulters. The agency made this known in a series of tweets...
Buhari Valentine's Day Speech, Nigerian Election, Nigeria Election and GDP, Nigerian GDP

Why Buhari’s valentine day’s speech was about the economy

Nigeria's President Buhari gave a live broadcast on Valentine's day, the 14th of February 2019, promising Nigerians a free and fair election.
CCNN/ Kalambaina Cement merger - Nigeria stock excahnge

Diamond Bank trades heavy volumes as bears retreat

The Nigerian Stock Exchange returned to positive territory in today’s trading session. The All Share Index closed at 32,453.69 basis points, up 0.12% Year...
Huawei Technologies Company Nigeria Limited, Digital Bridge Institute, ICT, China

Huawei partners DBI to develop Nigeria’s ICT

Nigeria has received a donation of $1 million for the improvement of information communication and technology in Nigeria, the promotion of innovative ideas, and research that will contribute to the country's development.

Nigeria among top 5 best-performing Eurobonds in 2019

So far in 2019, African countries have mostly emerged as the best performing Eurobond market in the world. Nigeria is one of them.
Dangote - Ofeme community

Executive Order 7: Dangote partners FG on road reconstruction in Abia

Dangote partners FG to reconstruct the roads and bridges at Ofeme Community in Abia State.

Organised Private Sector table requests at PEBEC forum

Stakeholders from the Private sector that gathered recently in Lagos for an engagement forum with the Presidential Enabling Business Environment Council (PEBEC), got an opportunity to give...
Nigeria's 2019 presidential election, Atiku vs Buhari

Whoever wins Saturday’s election has their job cut out for them

The most important presidential election in Africa in 2019 is finally about to happen. And as expected, many people are agitated.
Buhari - Despite anti-corruption war, EU blacklists Nigeria for money laundering

Despite anti-corruption war, EU blacklists Nigeria for money laundering

Nigeria under the incumbent administration of President Muhammadu Buhari, should be seen as a country that money laundering is curbed. This is because of...