The Central Bank of Nigeria (CBN) has disowned a purported document claiming that Governor Yemi Cardoso approved a $46 billion developmental grant to an organisation. CBN,...
Dangote Refinery has completed the endorsement of the offer documents for its initial public offering, putting it on course to launch the $1.6 billion public equity...
Dangote Refinery will open the order book for its initial public offering to retail investors on 14 September, effectively kickstarting the $1.5 billion public share sale,...
PZ Cussons Nigeria is ending a three-year lull in dividend payment to distribute N9.9 billion to shareholders as its retained earnings swung back to positive for...
BYAGENCY REPORTERS —The Nigerian National Petroleum Company Limited (NNPC Ltd), and the OML 118 Contractor Parties — Shell Nigeria Exploration and Production Company Limited (SNEPCo), Esso...
Femi Otedola, the chairman of First HoldCo Plc, acquired 147.7 million new shares in the banking group on Monday, taking his stake in the company to...
OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity...
Shareholders of the largest pharmaceutical company in Nigeria, Fidson Healthcare Plc, approved a dividend of ₦1.50 per 50 kobo ordinary share, amounting to ₦3.6 billion, at...
Femi Otedola, chairman of First HoldCo Plc, has increased his stake in the financial services group to 25.86 per cent after acquiring 1.78 billion additional shares...
BY NKECHI NAECHE-ESEZOBOR—Sovereign Trust Insurance Plc has released its unaudited financial results for the half-year ended June 30, 2026, showcasing significant balance sheet expansion alongside a...