Latest News

Banks

As CBN dividend ban rattles bank stocks, only two lenders speak out

Olawale Afolabi -
Days after the Central Bank of Nigeria (CBN) stunned financial markets with sweeping restrictions...
Banks

Losses mount for Nigerian bank stocks after new CBN directive

Olawale Afolabi -
Nigerian bank stocks continued to fall on Tuesday as investors reacted to a new...
Small Business

Edo launches N1 billion interest-free loan scheme for small businesses

Plu Team -
Edo State has introduced a N1 billion ($645,000) interest-free loan scheme targeting small businesses...
Companies

Beta Glass: How we engineered 600% growth – and what’s coming next

Plu Team -
Shares of Beta Glass have surged 329% in the last six months, closing at...
Markets & Investing

Stocks slide, oil prices rise as Israel attacks Iran’s nuclear sites, kills military leaders

Olawale Afolabi -
Global financial markets were thrown into turmoil on Friday after Israel launched major military...
Companies

Nigeria drives MultiChoice’s revenue decline as DSTV owner loses subscribers

Plu Team -
MultiChoice Group has reported a steep drop in its subscriber numbers, with Nigeria responsible...
Latest News

Over 200 dead as India-London flight crashes: What we know so far

Plu Team -
A devastating air disaster has struck India, leaving over 200 people dead after an...
Business & Economy

Naira stabilised after 2023 crisis, but cracks are emerging

Ini Ekott -
After a six-month rebound from its worst-ever crisis in 2023, the naira weakened sharply...
Banks

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Plu Team -
Abbey Mortgage Bank is planning to raise up to ₦100 billion to support its...
Policy

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Plu Team -
Just weeks after celebrating the repayment of a $3.3 billion loan to the International...
Education

Tinubu govt approves N45,000 monthly for students to revive Technical Colleges

Plu Team -
In a bid to reinvigorate technical and vocational education, the Nigerian government has introduced...
Companies

Shell faces fresh pressure over Niger Delta pollution as activists storm AGM

Plu Team -
Shell came under renewed pressure on Tuesday as campaigners stormed the oil giant’s annual...
Companies

Fast-food company Tantalizers diversifies into entertainment, acquires Grand Media

Plu Team -
Tantalizers Plc, once known strictly for its fast-food outlets, has made another move in...
Markets & Investing

Stockbroking firm Morgan Capital increases fee for first time in seven years

Plu Team -
Morgan Capital, one of Nigeria’s most popular online stockbrokers, has announced an increase in...
Companies

Japaul Gold wants to raise ₦500 billion, increase shares sevenfold

Plu Team -
Japaul Gold & Ventures Plc is seeking shareholder approval to raise up to ₦500...
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