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The Federal Government has defended its decision to impose a $220 million fine on Meta Platforms Inc. over alleged violations of Nigeria’s data protection laws. Meta, the owner of Facebook,…
Mid-day trading data from 10 September show that about 42.3 million Aradel Holdings shares were exchanged in a deal worth N22.4 billion. This represents the largest single-day trade of Aradel Holdings since its listing on the Nigerian Exchange (NGX) in…
Nigeria’s private capital industry has evolved from a $35 million fund closed in 1998 into one of Africa’s most active markets, now attracting 31.4 percent of the continent’s private equity…
The Federal Government is seeking a new $1.75bn loan from the World Bank to support key development projects, even as revenue collections have risen by more than 40 per cent…