Risevest responds to SEC allegations, reassures customers of funds safety
By Joseph Olaoluwa Risevest, a Nigerian fintech that gives customers access to selected global investments, has offered clarification to customers
Read more
Latest
GTCO’s market capitalisation tops N2trn for first time ever
Guaranty Trust Holding Company (GTCO), the parent of GTBank, saw its market capitalisation hit the N2 trillion mark on Monday
Read more
Cadbury Nigeria’s annual loss narrows to N10bn as revenue surges
By Mary Adenike Cadbury Nigeria Plc, a fast-moving consumer goods firm, saw its financial performance improve in 2024, its unaudited
Read more
Otedola’s fortune up $500m in one year while Dangote, others see decline
By Mary Adenike Within a year, the fortune of Femi Otedola, chairman of Geregu Power Plc and FBN Holdings Plc,
Read more
FX forward contracts fall 100% as naira firms
There were no foreign exchange forward contracts this week as the naira was little changed against the dollar, data from
Read more
IEI’s annual profit doubles after Norrenberger acquisition
International Energy Insurance Plc (IEI) reported a profit after tax of N1.78 billion for the 2024 financial year, up from
Read more
South Africa overtakes Nigeria in dollar billionaires’ wealth
By Mary Adenike South Africa saw the wealth of its dollar billionaires surpass that of their Nigerian counterparts last year,
Read more
More CEOs optimistic about global economic growth, PwC survey shows
By Mary Adenike Almost 60 percent of CEOs around the world expect global economic growth to increase over the next
Read more
Guinness Nigeria taps Ajogwu to replace ex-minister Omobola Johnson as chair
Guinness Nigeria Plc has appointed Fabian Ajogwu, a professor and senior advocate of Nigeria, as its new chairman following the
Read more
Guinness Nigeria pares losses as revenue rises 82%
Guinness Nigeria, a brewing company, saw its loss after tax for the six months ended December 31, 2024 decline compared
Read more