FCMB Group Plc says it plans to raise N397 billion in three phases ahead of the Central Bank of Nigeria (CBN) recapitalisation exercise.

Zenith Bank Slumps as Investors Trade Huge Volume Following the announcement of the group rights issue and public offer, negative…

Huge Loss Damages Nestle Nigeria Earnings, Equity Capital Nestle Nigeria Plc’s earnings performance was damaged by a significant increase in…

Nigerian Eurobond Yield Climbs to 10.14% over Selloffs – Traders The average yield on Nigeria’s sovereign Eurobonds faced selling pressure…

International Breweries Net Loss Grows by 352% to N106.78bn A huge foreign exchange loss that emanated from International Breweries Plc’s…

The naira traded negatively against the US dollar in the  official and informal currency market due to sustained foreign currency liquidity challenges.

The Nigerian Midstream and Downstream Petroleum Regulations Authority (NDMPRA) says its proposed Midstream and Downstream Petroleum Fees Regulations

Selloffs in Zenith Bank and Nestle Nigeria plc dragged the Nigerian Exchange (NGX) downward by more than N171 billion on Tuesday, according to trading results.

The Nigerian Ports Authority (NPA) says  16 ships are awaiting to berth at the Lagos ports.

Three years after the Tokyo Olympics were held amid strict precautions and with no fans because of the global COVID-19 pandemic, there is now another fear of