Retain earnings of Nigeria’s deposit money banks (DMBs) excluded from capital base calculation will complicate recapitalisation plans for lenders, Moody’s Rating gave the hint in a new report.

FBN Holdings (FBNH) Plc shrank by more than 14% due to shareholders’ stock selloffs in the local bourse ahead of the first quarter of 2024 earnings release.

Access Holdings Plc has revealed a plan to raise N565 billion in capital from the local debt capital market to augment its funding profile.

Investors in stocks lost roughly N623 billion as a result of selling rallies on the Nigerian Exchange (NGX

Due to the need to raise its capital profile, Nigerian Breweries (NB) Plc will be raising N600 billion from its shareholders.

Guaranty Trust Holdings Company (GTCO) Plc, the top tier-1 financial institution in Nigeria, has disclosed plans to raise N525 billion

Global IT spending will continue to increase — and at a considerably faster pace — in 2024 as businesses

President Bola Tinubu has welcomed newly-appointed ambassadors to Nigeria, expressing his commitment to

The Petroleum Technology Association of Nigeria (PETAN) has promised its support to the Bola Tinubu-led

The stock market value of Zenith Bank Plc shrinks marginally following announcement that the financial