Dangote Refinery IPO Oversubscribed 3x With ₦6.4 Trillion in Global Bids
The Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE has closed with an...
CBN Grants JPMorgan Approval-in-Principle to Launch Merchant Bank
The Central Bank of Nigeria (CBN) has officially granted an Approval-in-Principle (AIP) to JPMorgan Merchant Bank...
JPMorgan Chase Deposits $38 Million with CBN to Secure Institutional Banking License in Nigeria
JPMorgan Chase & Co., the largest banking institution in the United States by assets, has deposited...
Only 1 in 10 Nigerian Adults Can Comfortably Raise ₦156,000 for an Emergency, PiggyVest Report Reveals
Only 1 in 10 Nigerian adults can comfortably raise ₦156,000 (representing about 10% of Nigeria’s GNI...
Dangote’s Net Worth Surges 63% to $51 Billion After Historic Refinery IPO
In its latest global real-time billionaire tracking, Forbes has updated its ranking for Africa’s richest person,...
Dangote Refinery Launches Historic ₦2.15 Trillion IPO on Nigerian Exchange
Aliko Dangote, President and CEO of Dangote Group, officially sounded the closing gong at the Nigerian...
Uber Ends Ride-Hailing Operations in Nigeria and Uganda After 12 Years
Global ride-hailing pioneer Uber has officially shut down its transportation services in Nigeria and Uganda, concluding...
Moniepoint Shuts Down UK Remittance Arm ‘MonieWorld’ After 14 Months
African Fintech Unicorn Moniepoint Inc. has officially initiated the shutdown of its UK-to-Nigeria remittance product, MonieWorld,...
Femi Otedola Invests Fresh ₦18.1 Billion Into First HoldCo, Increasing Stake To 26.1%
Billionaire Investor and Group Chairman of First HoldCo Plc, Femi Otedola, has further consolidated his controlling...
Heirs Insurance Group Poised for Leadership In Nigeria’s Post-Recapitalisation Insurance Era
Heirs Insurance Group, Nigeria's fastest-growing insurance group, has met the National Insurance Commission's (NAICOM) recapitalisation requirements,...
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