Companies and Markets

Many penny stocks posted price depreciation on the Nigerian Stock Exchange  (NSE) for the month of February, with Consolidated Hallmark...

The Nigerian Export Import Bank (NEXIM) said it has set aside six billion Naira as Northeast intervention fund to support...

Anheuser-Busch InBev (AB InBev), the world’s largest beer maker, expects its new $250 million brewery being built in Sagamu, Nigeria,...

Union Bank Nigeria’s Union Bank is working with Citigroup and Renaissance Capital on a planned Eurobond sale, two banking sources...

Major oil stocks posted price depreciation on the Nigerian Stock Exchange (NSE) on Monday just as the market indices recorded...

Shoprite South African Shoprite Holdings will move into Kenya, where weakened competitor positions have opened an opportunity for Africa’s biggest...

The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd and said its chairman had been prosecuted,...

A stronger dollar and slightly higher global borrowing costs kept world shares subdued on Friday and left gold limping toward...

Dangote Nigeria’s Dangote Group has signed a deal to commence the building of integrated sugar plants in six states in...

A second year of slowing growth in the U.S. auto market is forcing Japanese automakers to look beyond discounts to...