Kenyan Airways

Aviation union grounds operations of Kenyan Airways

The National Union of Air Transport Employees ( NUATE) on Tuesday grounded the operations of Kenyan Airways at the Murtala Muhammed International Airport, Lagos  following prolonged...

577 Firms bid for NNPC Insurance Renewal programme

The Nigerian National Petroleum Corporation (NNPC) said that 577 firms have indicated interest to secure the insurance renewal contract for its oil and non-oil...
flour mills

Flour Mills of Nigeria plans $127 mln share sale

Flour Mills of Nigeria has filed application to the stock exchange to raise 39.86 billion naira ($127 million) via a share sale to existing...
9mobile

Helios, others bid for Nigerian telecoms firm 9mobile – sources

Private equity firm Helios Investment Partners has submitted a bid to acquire Nigeria’s 9mobile under a sale process aimed at finding new investors for...

Sterling Bank Resuscitates Bond-Sale Plan as Nigerian Rates Ease

Sterling Bank Plc revived a plan to sell bonds to shore up its capital levels on expectations that Nigerian borrowing costs will ease.  A “more...
FMDQ

3 banks account for 47.75% foreign exchange trading on FMDQ OTC 

Three commercial banks, Stanbic IBTC Holdings Plc, Access Bank Plc and Ecobank accounted for 47.75 per cent or N39.38 trillion overall foreign exchange (Fx)...
PisonVision

PisonVision seeks innovators, investors synergy with Mypeopleconnect.co 

An indigenous company, PisonVison Global Solution on Tuesday launched Mypeopleconnect.co, aimed at promoting synergy between idea owners and investors that intends to invest in their products...

Dangote’s picture displayed at New York’s NASDAQ Tower

For being the only Black African to make Bloomberg’s 50 most influential people, Aliko Dangote’s photo was displayed on Wednesday on the Nasdaq Tower in...

BUA asks president to intervene in Dangote mining feud

Nigerian conglomerate BUA group has accused Dangote group of trying to force it to relinquish mining rights in a limestone field as part of...

Nigerian stocks extend gains to hit new 3-year high

Nigerian stocks gained for the sixth straight day on Wednesday to hit a new three-year high as investors bought consumer goods and banking shares. The...