Femi Otedola, chairman of First HoldCo Plc, has publicly defended the group’s decision to take a ₦748 billion one-time impairment
Femi Otedola has increased his ownership stake in First HoldCo Plc to 18.12%, deepening his position as the group’s most
Nigeria’s banking recapitalisation has moved from policy ambition to last-mile arithmetic. With the Central Bank of Nigeria’s March 31, 2026
By any global standard, Tony Elumelu’s 20% stake in UBA is exceptionally large. With his stake in United Bank for
Nigeria’s economy is projected to grow by 4.49% in 2026, accelerating from an estimated 3.89% in 2025. This growth is
“On the first day of trading, Jumia’s share price settled at $14.5. However, four and a half years later, Jumia’s
Last week, a $170 million venture investment in Lagos-based Flutterwave, a payments processing startup, set the Nigerian tech ecosystem alight with
Electric car-maker Tesla is on track to join the U.S. benchmark S&P 500 stock index on Monday, offering several millions
The Nigerian Markets Last Week for the week ended November 13, 2020. Stock Market The Nigerian Stock Exchange All-Share Index
Nigeria’s strained foreign exchange reserves could stir up a fund-raising drive that could force government to sell a stake in
The proposed Petroleum Industry Bill (PIB) will create an opportunity for Nigerian and foreign investors to buy shares in the
Lack of stability in the fiscal environment is impeding the development of the Nigerian petroleum industry, particularly the upstream sector,
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