Nigeria’s foreign reserves surpass one-month high
After plunging to $32.1 billion in April, Nigeria’s foreign reserves have risen to the highest in more than a month.
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Seplat Energy’s scholarship scheme hailed by industry trainers
Seplat Energy, a major operator in the Nigerian oil and gas industry, has been recognised by the Oil & Gas
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Naira gains as weekly forex liquidity rises to $1.45bn
Foreign exchange liquidity on the official market rose by 7.41 percent last week, helping the Nigerian naira to strengthen against
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Nestle Nigeria blames naira devaluation for negative net assets
Nestle Nigeria, a major food and beverage company, said its liabilities surpassed assets at the end of last year because
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Foreigners dump Nigerian stocks at fastest pace in six years
Foreign investors offloaded Nigerian stocks at the fastest pace in six years last month, after a buying spree in March
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Construction firm Arbico exits Nigerian stock exchange 45 years after
Arbico Plc, a building and civil engineering construction company, has removed its shares from the Nigerian Exchange Limited (NGX) 45
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TotalEnergies reappoints Pouyanné as CEO
French energy giant TotalEnergies has announced the reappointment of Patrick Pouyanné as chairman and CEO. The announcement was made in
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Nigeria’s economic growth slows to 2.98% in Q1
Nigeria’s economy grew at a slower pace in the first three months of this year compared to the previous quarter,
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Heirs Holdings CEO joins UBA board
The United Bank for Africa Plc (UBA) has appointed Emmanuel Nnorom, group CEO of Heirs Holdings, as a non-executive director
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FBN Holdings profit more than doubles despite N332bn forex loss
FBN Holdings Plc, the parent company of Nigeria’s oldest bank, posted a 127 percent increase in its annual pretax profit
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