The National Bureau of Statistics (NBS) has revealed that Nigeria’s inflation for the eight consecutive months has dropped and now stands at 15.40% in November from...
Chaka Technologies, a tech-enabled investment exchange, will be refunding subscribers to the MTN Group primary share offer, following an oversubscription within two weeks. Ripples Nigeria had...
Nigeria has emerged the fastest-growing hub on the continent in terms of capital investments despite its security challenges. This is according to a recent report by...
Bitcoin could become worthless, the Bank of England has warned amid declining rate of the cryptocurrency which has seen BTC value drop by 30.07 percent since...
In what it said was part of its efforts to stop Nigeria’s heavy reliance on importation to meet demand, the Central Bank of Nigeria (CBN) has...
The Nigerian stock market slipped back into the negative territory on Tuesday following the crash in equity capitalization by 0.22 percent at the close of the...
The Nigerian National Petroleum Company (NNPC) on Tuesday detailed its plans to ensure a reduction in the prices of cooking gas amidst concerns by the populace...
The United Arab Emirates (UAE) has shifted ground following a tit for tat situation with the Nigerian government over air travel slots allocated to Nigerian airline,...
Shareholders of MTN Nigeria, including the telecommunications company’s Chief Executive Officer, Karl Toriola, made a whooping N250.36 billion as its stock offer comes to an end...
Nigeria regained its position as Africa’s leading oil producer after losing it to Libya in October. According to the most recent data from the Organization of...
The Central Bank of Nigeria (CBN) has provided details of how much the federal government spent and received in the month of August in its latest...
The Federal Government has suggested additional taxes, tariffs, and levies to be introduced in 2022 in order to boost revenue. Zainab Ahmed, Minister of Finance, Budget,...
Airtel Networks Limited, the Nigerian subsidiary of Bharti Airtel, lost out of the 5G network race in Nigeria, with MTN Nigeria and Mafab Communications Limited securing...
Investors at the Nigerian capital market pocketed N275.5 billion as the bourse continued its resurgence on Monday. This followed the rise in equity capitalization by 1.26...
Bitcoin hodlers [holders] are heading into Christmas period with a loss as investment support from El Salvador, Michael Saylor and other whales failed to patch the...
The International Monetary Fund (IMF) said regulation of cryptocurrency activities shouldn’t hinder the “plenty” “potential” that crypto assets offers the financial industry. In the past months,...
As you begin the week searching for stocks to add to your investment portfolio, Ripples Nigeria stocks to watch list presents you with four Nigerian banks...
The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of N141.96 billion in the month of June 2021. This is a significant growth...
Soon after breaking into the Electric Vehicles (EVs) space, Jet Systems Limited, assemblers of Jet brand of vehicles in Nigeria, on December 1, joined the ivy...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Investors traded 2.630 billion shares worth N26.90 billion in 20,848 deals on the floor of the Nigerian capital market this week. This surpassed the 1.278 billion...
Nigeria’s five biggest banks, First Bank, United Bank for Africa (UBA) Plc, Guaranty Trust Holding Company, Access Bank, and Zenith Bank ended the week on a...
All Progressives Congress (APC) said on Saturday the newly-inaugurated leadership of the Peoples Democratic Party (PDP) is not different from Prince Uche Secondus-led National Working Committee...
Friday’s trading ended with the Nigerian bourse rising by 0.47 percent, to add N103.18 billion to shareholders’ total investment in the capital market. This lifts the...
Billionaire, Femi Otedola, has reportedly increased his stake at First Bank Nigeria (FBN) Holdings, putting an end to his ownership tussle with Tunde Hassan-Odukale, amid high...
The International Monetary Fund has expressed concern that cryptocurrencies would become a major currency in Nigeria and other developing countries. It also added that the currency...
Nigerian banks have posted a gross earning of N3.06 trillion in the first nine months of 2021, according to data collated from the third-quarter earnings of...
Sell off among shareholders on Thursday cost the capital market N391.31 billion, depleting the bouse value by 1.76 percent. The gain reported on Wednesday was wiped...
META the parent company of Facebook and Instagram has announced that Nigerians from January will be charged 7.5 percent value-added tax for using Facebook and Instagram...
The inability of Kann Consortium to service its debt owed to United Bank of Africa (UBA) has led the creditor to takeover Abuja Electricity Distribution Company...
Ten Nigerian banks reported an increase in customers deposits to N28.7 trillion in the first nine months of 2021. The amount was a 12.6 percent increase...
No fewer than 110 million bank accounts could become inaccessible with the passage of the finance Bill 2021 sent to the National Assembly by President Muhammadu...
In ten months, the telecommunications industry lost 14 million internet subscribers, and the Minister of Communications, Isa Pantami, has attributed this to criminal activities. The Nigerian...
An Approval-in-Principle for a standalone license for Sterling Bank’s non-interest banking business, the proposed Alternative Bank Limited, has put a break to its investors one month-long...
The Aiteo Eastern Exploration and Production Company on Wednesday shut down the leaking well at Oil Mining Lease (OML) in Nembe swamps in Bayelsa. The shutdown...
A Bitcoin whale has parted with $137 million to increase the digital asset’s holdings. A whale is an individual or entity with large amount of Bitcoin....
Investors at the Nigerian capital market gained N217.19 billion on Wednesday as the bourse continued its resurgence after a difficult few days. This followed the rise...
Ecobank Transnational Incorporated (ETI) has recorded an impressive first nine months of 2021 as its profit grew to the highest level in eight years. According to...
Craig Wright, the self-proclaimed founder of bitcoin, has won a court case which makes him the 26th richest person in the world, and supposedly confirms his...
Banks and Insurance firms in Nigeria are expected to collect over N22.6 billion from Ministries, Departments, and Agencies of the Federal Government in 2022. This is...
Nigerian bourse ended its losing streak on Tuesday, following a slight 0.02 percent increase in trading. This saw the market capitalisation rise to N21.925 trillion, from...
Three weeks after it was announced, the Lagos State Government is finding it difficult to convince investors to subscribe to its Series IV Bonds of up...
BitMart, a cryptocurrency exchange, has lost $150 million worth of tokens to hackers at a period the cryptocurrency market was struggling to replicate its 2020 Q4...
Igbo traders under the aegis of South-East Amalgamated Markets Traders Association (SEAMATA) have called on the Central Bank of Nigeria (CBN) to investigate charges from commercial...
First Bank Nigeria (FBN) Holdings reported low turnover in three months period of third quarter 2021, as gross earnings and profit declined by 4.96 percent and...
The Nigerian capital market remained in the bears’ territory on Monday following the crash in equity capitalization by 0.3 percent at the close of the day’s...
The Executive Director of the Guarantee Trust Bank, Jubril Mobolaji Lawal, has joined the Ecobank as the managing director after losing out on the plum job...
Nigeria’s total merchandise trade rose to N13.3 trillion in the third quarter of this year. The Statistician-General of the Federation, Simon Harry, who disclosed this at...
The Nigerian government has reported that it generated N500.49 million in the third quarter of 2021, amid the continuing dispute over which tier of government collects...
Leading Nigeria and the United States of America (USA) private and public sector players over the weekend at a business forum charted a new path to...
