News

A recent report by Afreximbank has indicated that Western Africa has seen a decrease in output growth, mainly due to Nigeria’s slow growth performance. This decline is attributed to the volatility in international oil prices […]

Seplat Energy Plc has successfully acquired Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil, marking a significant milestone for the company. This acquisition more than doubles Seplat Energy’s production capacity and positions them for growth and […]

Access Bank, a subsidiary of Access Holdings, has announced a binding agreement with South African-based Bidvest Group Limited to acquire 100 percent equity stake in Bidvest Bank Limited. Founded in 2000, Bidvest Bank offers a […]

United Bank for Africa (UBA) Plc has delivered an exceptional 375 percent capital gain to investors in nearly five years, surpassing both the Nigerian stock market average and the financial services sector as a whole. […]

OPay has received the IFIC Award for Financial Inclusion Innovation from the Central Bank of Nigeria (CBN) during the 2024 International Financial Inclusion Conference (IFIC). This prestigious award recognizes OPay’s alignment with regulatory standards and […]

emPLE, a leading provider of insurance and investment solutions in Africa, has introduced a new product called the Flexi Third-Party Motor Insurance. This product is designed to offer affordable and customized coverage for Nigerian vehicle […]

Dangote Sugar Refinery Plc (DSR) is currently in the market seeking N50 billion from series 6 and 7 Commercial Paper issuance under its N150 billion Commercial Paper issuance programme. The net proceeds from this issuance […]