Capital Market
Abdul Samad Rabiu and brother make over N110bn in 8 Hours, as their company's market value soars
Abdulsamad Rabiu, his brother Kabiru had reasons to celebrate in the past 24 hours as their jointly owned company's share value rise earning them over N110bn.
Nigerian billionaires, banks CEOs, shareholders lose N18.2bn in nine days, as naira scarcity enters 4th week
Nigerian billionaires, bank CEOs, and shareholders have lost a combined N18.2 billion in 9 days due to violent protests and attacks on banks and staff property.
CBN approves Sterling Bank's appointment of Indian banker as its new non-executive director
Sterling Bank appoints Manish Singhal, a former General Manager of State Bank of India, as non-executive director; SBI is the bank's second-largest shareholder.
Julius Berger Goes Into Cashew Business, Borrows N30 Billion From Investors
One of Nigeria's famous construction companies, Julius Berger has revealed that it has taken N30bn in short-term debt from banks, pension fund administrators.
Two brothers of Femi Otedola spend N1.7bn to acquire additional shares in Geregu Power
Femi Otedola's two brothers have decided to spend more than N1.7 billion to purchase shares in his firm Geregu Power, which is trying to purchase a power plant.
MTN declares N2trn revenue, provides a breakdown of how much customers spent on voice, data in 2022
MTN has recorded one of its highest profit since enlisting on the Nigeria exchange as Data, Voice Call and digital service boost profit amid network challenge.
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