Economy

MTNN stock hits all-time high as investors price in IHS deal

MTN Nigeria (MTNN) shares surged to a historic high of N780 per share on Thursday, as investors reacted with overwhelming…

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Unity-Providus merger positions bank above CBN new capital bar

The proposed merger between Unity Bank Plc and Providus Bank Limited has positioned the combined institution above the Central Bank…

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Nigeria may risk inflation gains with election spending, FX instability

Nigeria’s headline inflation slowed to 15.1 percent in January from 15.2 percent in December, according to data from the National…

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Naira strength sparks exit warnings as investors look to lock in FX gains

Analysts are sounding the alarm that the “hot money” which flooded Nigeria to capitalise on high interest rates may soon…

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