Naira sheds N8.9 against dollar at official FX market
…Black market (Buying and selling rates): N1,380— N1,390 The Nigerian naira depreciated against the United States (US) dollar, trading at…
NUPRC threatens gas flare sites beneficiaries with revocation over unutilisation
THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened awardees of gas flare sites with the possible revocation of their…
Online advertising: FG wield big sticks, drags content creators before AOT
DAYS of unwholesome advertisements on the online space, seem to be coming to an end, as the Federal Government has…
How islamic ethical finance could unlock funding for Nigeria’s SMEs — Experts
Stakeholders in Nigeria’s financial sector have identified Islamic and ethical finance as a potential alternative funding channel for small and…
Dangote IPO fever hits NGX, wipes N1.67trn off market
Nigerian equities market suffered another major sell-off on Wednesday as investors scrambled to raise cash ahead of the
Cybersecurity: CBN warns banks, fintechs against third-party technology risks
Central Bank of Nigeria (CBN) has cautioned banks, fintechs and other financial institutions against the growing cybersecurity and
Vetiva leads Dangote Refinery’s N4.1bn-share IPO
Vetiva Advisory Services Limited has emerged as the Lead Adviser to the Initial Public Offering of Dangote Petroleum Refinery and
Nigerian Breweries emerges debt-free with over N1trn revenue in H1
In a dramatic financial turnaround following recent economic challenges, Nigerian Breweries Plc has wiped out its entire loan portfolio to
EU, EIB invest €108m to drive African entrepreneurship, create 15,000 jobs
The European Union (EU) and the European Investment Bank (EIB) have invested €108 million through the Boost Africa initiative to
IPO: Dangote simplifies share purchase process, says individuals with BVN can become co-owners of Africa’s largest Refinery
PRESIDENT and Chief Executive of Dangote Industries Limited, Aliko Dangote, has declared that the forthcoming Initial Public Offering (IPO) of…
EMT moves to harmonise macroeconomic assumptions, accelerate growth
The Federal Government has approved the establishment of an inter-agency committee to harmonise the macroeconomic assumptions used for budgeting and…
WhatsApp spotlights Nigerian small businesses in new ‘Power Your Hustle’ campaign
WhatsApp has launched a three-week campaign, tagged “Power Your Hustle with WhatsApp Business”, to celebrate Nigerian small business owners and…
NGX: Losses in banking, insurance stocks wipe N1.88trn
Nigeria’s equities market suffered a sharp sell-off on Tuesday, erasing N1.88 trillion from investors’ wealth as heavy losses in banking…
Sanwo-Olu, AFRIMA founder, California gov, Afretrade CEO, others to speak at California–Lagos business summit
A new economic and cultural bridge between Africa and the United States is set to take shape in California, United…
Business leaders to explore practical solutions for advancing sustainable development at ASF 2026
The Africa Sustainability Forum (ASF) 2026 is set to bring together policymakers, business leaders, regulators, investors, development partners and sustainability…
Daba, Coronation partner to open Nigeria capital market to global investors
Nigeria’s efforts to deepen foreign participation in its capital market received a fresh boost following a strategic distribution arrangement between…
Hope rises as automotive industry bill advances through NADDC, stakeholders
The National Automotive Design and Development Council (NADDC) has commenced moves to finalise the proposed National Automotive Industry Bill, 2026,…
Our reforms transforming indigenous firms into global brands — Shettima
Vice President Kashim Shettima has attributed the growing success of Nigerian-owned companies expanding into global brands to
Dangote Sugar listing lifts NGX market cap to N160.6trn
The Nigerian equities market extended its bullish run yesterday, with market capitalisation surging to a record N160.60 trillion, following the…
Dangote Refinery unveils N2trn ‘IPO for the People’
Aliko Dangote, President of Dangote Industries Limited and Chief Executive of Dangote Petroleum Refinery, has described the planned initial public…
