Companies and Markets

The Securities and Exchange Commission (SEC) on Thursday arraigned the Deputy Managing Director of BGL plc, Chibundo Edozien, in a...

Dr Ja’afar Sa’ad, a political economist on Thursday  in Zaria advocated for the establishment of an autonomous body to regulate...

A 100-billion-naira debut sovereign sukuk launched by Nigeria’s government on the domestic market last week was 5.8 percent oversubscribed, the...

Uber said on Monday that it was not clear what concerns London’s transport regulator had for stripping it of its...

General Electric Co has neared the sale of its industrial solutions unit to ABB Ltd for $2.5 billion to $3...

Four Nigerian banks are operating with too many non-performing loans on their books and with liquidity ratios below the minimum...

Union Bank Nigeria’s Union Bank has begun a share sale to existing shareholders to raise 50 billion naira ($159 mln)...

Nigeria’s Stanbic IBTC Bank will offer shareholders the option to receive scrip dividends in lieu of cash dividends over the...

Dangote Cement , controlled by Aliko Dangote, Africa’s richest person, has approached South African rival PPC about a takeover. PPC...

A receiver appointed to rescue Arik Air, Nigeria’s largest airline, is holding talks with creditors and is not negotiating a...