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The 12 crypto billionaires who made Forbes’ 2021 Billionaires list

April 6, 2021April 6, 2021 Markets Reporters 0 Comments crypto billionaires, Forbes’ 2021 Billionaires list

The founder and Chief Executive Officer of Amazon, Jeff Bezos, is the world’s richest for the fourth year running, worth

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Economics FEATURED Latest TOP STORIES 

Shoprite inches closer to exit operations in Nigeria, brand may remain

April 6, 2021April 7, 2021 Markets Reporters 0 Comments Shoprite to exit Nigeria operations

Shoprite Holdings Limited, Africa’s biggest supermarket retailer, is pushing ahead with its plan to exit Nigeria operations after over 20

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Energy FEATURED Latest TOP STORIES 

$1.5bn refinery revamp: NNPC, Italian firm sign EPC contract

April 6, 2021April 6, 2021 Markets Reporters 0 Comments Maire Tecnimont, NNPC, Port Harcourt refinery rehabilitation

The Nigerian National Petroleum Corporation and Maire Tecnimont S.p.A. have signed the engineering, procurement and construction contract for the rehabilitation of Port

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Economics FEATURED Latest TOP STORIES 

AfDB extends €145m loan to Egypt for railway upgrades

April 6, 2021April 6, 2021 Markets Reporters 0 Comments AfDB, Egypt National Railways Modernisation Project

The Board of Directors of the African Development Bank has approved a loan of €145 million to finance reliability and

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FEATURED Latest Money TOP STORIES 

Zenith, UBA, Access lose N141.35bn in market value — GTB, Stanbic, FBN gain

April 6, 2021April 6, 2021 Markets Reporters 0 Comments GTB, market cap of Nigerian banks, UBA, Zenith Bank

Three of Nigeria’s biggest banks posted stock losses in the first three months of this year as N141.35 billion was

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FEATURED Latest Stocks TOP STORIES 

Portland Paints posts N313.29m loss, poised to merge with CAP

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Portland Paints and Products Nigeria Plc, Portland Paints to merge with CAP

Portland Paints and Products Nigeria Plc, a subsidiary of UAC of Nigeria Plc, has reported a loss after tax of

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Economics FEATURED Latest TOP STORIES 

IMF may provide debt service relief to 28 countries till April 2022

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Catastrophe Containment and Relief Trust, IMF debt service relief

The Executive Board of the International Monetary Fund has approved a third tranche of grants for debt service relief for

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FEATURED Latest Money TOP STORIES 

Two months after CBN ban, global crypto market cap hits $2tn

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Bitcoin, CBN cryptocurrency ban, cryptocurrency market cap

Two months after the Central Bank of Nigeria prohibited cryptocurrency transactions by regulated institutions in the country, the global cryptocurrency

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FEATURED Latest Money TOP STORIES 

Customer deposits in five Nigerian banks hit N25trn amid COVID-19

April 5, 2021April 5, 2021 Markets Reporters 0 Comments Customer deposits in Nigerian banks

The total customer deposits in five Nigerian commercial banks rose by 32.33 percent in 2020 despite the impact of the

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Energy FEATURED Latest TOP STORIES 

11Plc profit falls 30% as revenue dips to N192bn

April 5, 2021April 5, 2021 Markets Reporters 0 Comments 11Plc, Mobil Oil Nigeria

11Plc, formerly Mobil Oil Nigeria Plc, has reported a profit after tax of N6.23 billion for the financial year 2020,

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