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Femi Otedola’s holding in First HoldCo Plc is worth about $1.227 billion (N1.674 trillion) after the shares reached a record N140 on the Nigerian Exchange on...
RC Investment Management began selling 10,433,909,058 First HoldCo shares on the Nigerian Exchange this week at an indicative ₦110 apiece, about eight cents. It bought them...
The Central Bank of Nigeria’s (CBN) foreign exchange reforms are beginning to deliver tangible benefits to consumers, as banks expand international spending limits on naira cards...
Globacom marks 23 years of operation this month. Mike Adenuga owns all of it. No Nigerian mobile operator of comparable scale has stayed in single ownership....
Former commercial motorcyclists, factory workers, teachers and traders are embracing mechanised rice farming. Unlike in the past when northerners returned en masse to the northern part...
Femi Otedola has increased his stake in First HoldCo Plc following an additional acquisition of 138.04 million ordinary shares for about N18.11 billion. In a regulatory...
Air Canada says it plans to commence scheduled flights to Lagos in 2027. The plan follows the expansion of the air transport agreement between Canada and...
Nigeria’s aviation industry is heading towards another confrontation as labour unions threaten to shut down domestic airline operations over non-remittance of the five per cent ticket...
The Johannesburg Stock Exchange (JSE) is courting Dangote Petroleum Refinery for a secondary listing following the company’s scheduled initial public offering (IPO) on the Nigerian Exchange...
…….How Nigerian investors should prepare before subscribing After more than two years of delays and speculation, the Dangote Refinery IPO has entered its final regulatory phase....