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Nigeria’s Eurobond market extended its bullish momentum this week, with average yields declining by six basis points to 6.89 percent from 6.96 percent, as renewed investor...
Africa’s capital markets are approaching a defining moment as Aliko Dangote prepares to list a stake in his oil refinery—an offering that could rank among the...
Tunde Alabi, a fuel attendant in Lagos, earns the national minimum wage of N70,000 ($44) a month — an income that barely lasts two weeks. By...
…Set to Reward Hundreds of Customers, Launch 5 for 5 Season 5 Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s...
The rise in cost of food items has forced many families to adopt dire survival strategies, including reducing protein intake, switching to cheaper substitutes, and limiting...
Abdul Samad Rabiu added N2.7 trillion ($1.95 billion) to his fortune in 4 trading days as BUA Cement shares surged 24.8% between Monday April 27 and...
South Sudan has declined to renew Oranto Petroleum’s exploration licence for Block B3, citing the Nigerian company’s failure to conduct seismic surveys, drill as committed or...
Waltersmith Petroman Oil Limited has announced the successful expansion of its refinery capacity to 10,000 barrels per day (bpd). This was disclosed during an official inspection visit...
Shareholders of Nigerian Exchange Group, yesterday, unanimously endorsed its Board of Directors proposed bonus shares, dividend payout and other resolutions at the 65th Annual General Meeting, AGM,...
Seplat Energy Plc has posted $840.7 million revenue for the first quarter (Q1) ending on March 31 alongside a profit after tax (PAT) of $37.9 million,...