JOHANESBURG-Transcorp Hotels, part of the Transcorp Plc conglomerate, has filed for an N8 billion ($49.3 million) initial public offering of 800 million ordinary shares of 50kobo....
JOHANESBURG-Sellers of October loading Nigerian crude oil cargoes lowered their offers in response to slow sales in a bid to stir some activity in a lacklustre...
JOHANESBURG-The Securities and Exchange Commission (SEC) on Monday said it had not made any profit since 2009 because of the downturn of economic activities in the...
The proposed investments in assembly operations by Peugeot Automobiles of Nigeria (PAN), Innoson Vehicle Manufacturers, VON Nigeria, among other automobile dealerships in Nigeria, are expected to...
JOHANESBURG-Ecobank Nigeria has signed a $20 million line of credit with Brazilian Development Bank BNDES. The facility will address special funding needs of customers and non-customers...
JOHANESBURG-THE are indications that India’s Bharti Airtel Ltd may be reviewing its African operations as the Telecoms giant has agreed to sell more than 3,500 of its mobile...
LAGOS-Alibaba Group Holding Ltd., the e-commerce company whose fortunes surged along with China’s economy, plans a historic U.S. initial public offering that may also claim the...
LAGOS-Management of Union Assurance Company Limited (UACL), has said that it is eyeing the future with the objective of making the company one of the top five...
LAGOS-Differentials for Nigerian crude oil held above the lows set last month, supported by higher refining margins in Europe, traders said on Friday. Nigerian crude oil...
LAGOS-The Federal Government sold N182.85 billion ($1.13 billion) of treasury bills with maturities ranging between three months and one year, at yields lower than at its...
