Nigeria, Aug. 26 -- The enterprise created by a deal between Chams Holding and China's Beijing Huahong IC Design to set up a SIM card-manufacturing facility for telecom firms in 2021 hit N4.9 billion ... Read More
Nigeria, Aug. 25 -- Profit-taking seems to be settling in as Nigerian stocks receded at a sharper pace last week. The market may even see further pullbacks, with a number of equities already trading ... Read More
Nigeria, Aug. 24 -- The Nigerian Government has introduced a personal income tax calculator giving low-income earners access to a platform, where they can compare their estimated tax payable under the... Read More
Nigeria, Aug. 23 -- FCMB Group is turning to the market soon to source more cash in the second phase of the share sales that helped raise N147.5 billion from the public last year to further its recapi... Read More
Nigeria, Aug. 21 -- Beer maker Champion Breweries has agreed to buy all the brand assets and intellectual property of the range of products within the Bullet drink portfolio, the company disclosed on ... Read More
Nigeria, Aug. 18 -- Alain Nkontchou, a former chairman of Lome-based Ecobank Transnational Incorporated, acquired the 21.2 per cent interest held by Nedbank in the group, ending South Africa's fourth ... Read More
Nigeria, Aug. 18 -- Nigerian stocks went bearish for the first time in weeks last week as profit-taking set in, especially in the insurance sector, where equities that had recorded an abrupt price boo... Read More
Nigeria, Aug. 15 -- Palm oil giant Presco has said a takeover of local oil palm business Saro Oil Palm Limited is on the cards. The move follows a phased acquisition last year of Ghana Oil Palm Devel... Read More
Nigeria, Aug. 13 -- Friday's announcement of the emergence of T2 as the new brand and corporate identity of 9mobile leaves in its trail a legacy of turbulent operations and ownership struggles reachin... Read More
Nigeria, Aug. 13 -- Oando Plc will head to the market any moment soon to raise half a trillion naira in fresh equity capital as part of a broader effort to reinvigorate operations after liabilities ju... Read More