JOHANESBURG-Guinness Nigeria Plc said, on Monday cut its dividend from the N7 share it paid out for the previous year to N3.20 per share after it...
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-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...
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-Nigerian stocks ended in the black on Friday led by banking shares after news that two foreign investors had bought significant stakes in Ecobank and Union...
LAGOS-There are indications that trade between Nigeria and Britain has potential to hit 20 billion pounds by year 2020 if government remains proactive and encourage business...
LAGOS-The Nigerian Export Promotion Council, NEPC, has disclosed that, Nigeria realised $2.970 billion from non-oil export, in 2013 a 15.9 per cent increase over $2.561 in...
ABUJA-The Chairman of the Cement Company of Northern Nigeria Plc, Alhaji Abdulsamad Rabiu, has decried the high cost of electricity to power production equipment in his...
ABUJA-THE Federal Government has approved N50 billion to boost mechanized farming. Consequently, President Goodluck Jonathan has directed the Central Bank of Nigeria, CBN, to set aside...
Consumer confidence in the U.S. unexpectedly climbed in August to the highest level in almost seven years, reinforcing signs of a strengthening outlook for the...