AGF Denies FG’s Acquisition of 25% Shares in First Bank Holdings The Office of the Attorney General of the Federation and Minister of Justice has denied reports alleging that the Federal Government acquired 25 percent of shares in First Bank Holdings (First Holdco). The rebuttal follows...

FX Inflow Rises by 20.62% as CBN's Share Declines   The Nigerian economy recorded a rise in foreign exchange inflow during the fourth quarter of 2024, according to the latest Central Bank of Nigeria (CBN) Economic Report. The report revealed that total foreign exchange inflow rose by...

Nneka Onyeali-Ikpe, the Managing Director and CEO of Fidelity Bank Plc, has acquired a total 15 million shares of the bank in a transaction worth N239.4 million.  

Tinubu Should Sell 15% Of NNPC Shares To Settle debt, Says Sanusi   A former Governor of the Central Bank of Nigeria, Muhammad Sanusi II, said the mounting debt profile of the country is no longer sustainable in the face of current harsh economic realities created...

Shares In UBA, GTCO, Others Lift Market Turnover By N14.8bn Heavy transactions in the shares of United Bank for Africa (UBA), Guaranty Trust Holding Company Plc (GTCO) and Access Holdings Plc lifted the volume of shares traded last week, as a turnover of 917.2 million...

MTN Plans To Sell 575m Shares To Nigerians   MTN Nigeria Communications Plc has said it is set to proceed with a public offer for the sale of 575 million shares. In a statement, the company said Its parent company, MTN Group, is set to proceed with...