By Adedapo Adesanya Two advisers to Dangote Petroleum Refinery’s planned Initial Public Offering (IPO) on Tuesday announced a $1 billion underwriting programme for the offering, giving...
By Adedapo Adesanya The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) could impose fines of up to five per cent of the annual turnover of...
By Adedapo Adesanya Nigerian billionaire, Mr Femi Otedola, the chairman of First HoldCo, has acquired an additional 147.74 million shares of the financial services group through...
By Adedapo Adesanya The duo of FrieslandCampina Wamco Nigeria Plc and Central Securities Clearing System (CSCS) Plc pulled down the NASD Over-the-Counter (OTC) Securities Exchange by...
By Dipo Olowookere The bears have refused to vacate the Nigerian Exchange (NGX) Limited, further inflicting a 0.07 per cent loss on the bourse on Monday...
By Adedapo Adesanya The Naira appreciated against the United States Dollar by N8.07 or 0.59 per cent in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on...
By Adedapo Adesanya Crude oil prices gained more than $2 on Monday amid global supply worries stoked by investor pessimism about diplomatic efforts to resolve the...
By Adedapo Adesanya The Economic and Financial Crimes Commission (EFCC) has facilitated the recovery of $60 million from Nestoil Limited, with the funds paid to a...
By Adedapo Adesanya Nigeria’s headline inflation rate cooled to 15.43 per cent in July from 15.91 per cent in June, according to the National Bureau of...
By Dipo Olowookere A total of 12.153 billion shares worth N176.058 billion exchanged hands in 224,146 deals last week on the floor of the Nigerian Exchange...