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African investor and philanthropist, Mr. Tony Elumelu, has deployed more than $100 million in seed capital to support African startups over the past 15 years through the Tony Elumelu Foundation (TEF). The post Tony Elumelu deploys $100 million seed capital to support…
Read moreRetail traders in Nigeria often blow accounts for one simple reason. They trade bigger than their balance can survive. It usually starts with confidence, a clean chart, and the feeling that a move is obvious. Then one spike hits, spreads…
Read moreThe Central Bank of Nigeria (CBN) conducted its Treasury Bills Primary Market Auction on Wednesday, March 11, 2026, with total subscriptions hitting N2.78 trillion, about 227.06% higher than N850 billion on offer, even at a lower stop rate for longer…
Read moreThe Bolloré family is one of France’s most powerful business dynasties, with a sprawling empire that spans media, logistics, infrastructure, and advertising. The post Meet Bolloré family controlling Canal+, Multichoice, Universal Music Group appeared first on Nairametrics.
Read moreThe Nigerian All-Share Index ended trading on March 11, 2026, slightly lower, down 0.09% to 195,898.5 points. This reflects a 167.6-point drop from 196,066.1, causing the index to slip below the 196,000-point mark amid slower market activity. Daily trading volume…
Read morePresident Bola Ahmed Tinubu has approved the appointment of former Director-General of the Securities and Exchange Commission (SEC), Lamido Abubakar Yuguda, as Deputy Governor of the Central Bank of Nigeria (CBN). The appointment is subject to confirmation by the Senate,…
Read moreOando Plc has announced it may be unable to publish its audited 2025 financial statements by the March 31, 2026; the regulatory deadline, due to technical processes involved in systems integration. The post Oando hints potential delay for 2025 audited…
Read moreVFD Group Plc will refund about N1.83 billion in surplus funds to shareholders who participated in its recently concluded N50.6 billion rights issue. The post VFD Group to refund shareholders N1.83 billion surplus subscriptions appeared first on Nairametrics.
Read moreThe suspension of trading in the shares of Zichis Agro-Allied Industries Plc by the Nigerian Exchange Limited (NGX) has now entered its third week, as regulators continue investigating the company’s extraordinary 800% price rally within one month of listing. The post Inside Zichis’ one-month rally…
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