Nigeria, March 14 -- Mobile network operator Airtel Africa, which has Nigeria as its biggest market, is giving thought to launching a public shares sale for its mobile money arm, whose valuation excee... Read More
Nigeria, March 11 -- Nigerian stocks advanced 2.6 per cent last week during which the listing of Tony Elumelu-backed Transcorp Power added N1.88 trillion to the Nigerian Exchange's market capitalisati... Read More
Nigeria, March 10 -- Global investment bank Goldman Sachs said it sees the Nigerian naira gain more ground against the US dollar in the next twelve months. The bank projected the exchange rate of the... Read More
Nigeria, March 5 -- Transcorp Power Plc, the power generation spinoff of Transnational Corporation of Nigeria (Transcorp), advanced 10 per cent in market value on its debut in Lagos on Monday. The co... Read More
Nigeria, March 4 -- Nigerian stocks shed 3.3 per cent last week after increased sell pressure from investors during a week in which many released corporate results failed to impress the market. The c... Read More
Nigeria, March 3 -- MTN Nigeria joined the expanding list of financially distressed companies in the country after its entire shareholders' fund was obliterated by a sweeping after-tax loss precipitat... Read More
Nigeria, March 2 -- Transnational Corporation of Nigeria, the country's biggest conglomerate by market value, will list the shares of its spinoff power generating arm Transcorp Power by way of introdu... Read More
Nigeria, March 2 -- Dangote Cement hauled in record windfall income after converting net investments in foreign operations into the naira, more than doubling the company's comprehensive income to N1 t... Read More
Nigeria, March 1 -- Seplat Energies raked in N885.1 billion in total comprehensive income - the combined earnings that companies receive from unexpected gains in addition to profit - after the energy ... Read More
Nigeria, Feb. 29 -- Nestle Nigeria reported that its liabilities loomed past assets by N78.1 billion (13.4 per cent) last year after a free slide in the value of the naira-stressed operations. The de... Read More