Seplat Energy Targets $1bn Dividend Payout as Production Goal Hits 200,000 Barrels…
Seplat Energy has set an ambitious goal to reward its shareholders with a $1 billion dividend payout within the…
NGX Market Capitalisation Drops by N1.6 Trillion as Blue-Chip Selloff Hits…
The Nigerian equities market ended trading on a negative note as investors pulled out of major stocks, wiping out…
Nigeria-UK Trade Hits £7.6bn as Crude Oil Exports Strengthen Economic Ties in 2025
Nigeria’s trade relationship with the United Kingdom recorded a major boost in 2025, reaching a total value of…
World Bank Group Targets $23bn Private Capital Push to Power Africa’s Jobs and…
The World Bank Group has announced an ambitious plan to mobilise around $23 billion in private capital for Africa,…
Oil Prices Slip to $105 as US–Iran Peace Talks Ease Middle East Tensions
Global oil prices slipped on Wednesday as Brent crude fell to $105 per barrel, reflecting growing optimism…
SpaceX IPO Filing Reveals $1.75T Ambition and AI Push
SpaceX, the aerospace giant founded by Elon Musk over two decades ago, has officially released its long-awaited IPO…
Dangote Refinery Expands Jet Fuel Exports Across Europe as Global Supply Tightens
Nigeria’s Dangote Refinery is rapidly strengthening its footprint in the global aviation fuel market, with fresh…
CBN Interventions Drop Below 2% as FX Market Deepens, Says Cardoso
The Central Bank of Nigeria (CBN) has stated that its direct involvement in the foreign exchange market has…
CBN Retains Interest Rate at 26.5% as External Shocks Drive Inflation Pressure in…
The Central Bank of Nigeria (CBN) has maintained its benchmark interest rate at 26.5 percent, following its…
Insurance Firms Double Tax Payments to N15.2bn Despite 15% Drop in Profit Before…
Nigeria’s insurance sector recorded a significant rise in tax contributions in 2025, with 11 major insurance…
Dangote Refinery Eyes $2bn Private Investment Drive Ahead of Landmark IPO
Nigeria’s biggest industrial project, the Dangote Refinery, is attracting strong investor interest ahead of…
Nigeria’s ginger export crashes from N26 billion to zero in three years
Nigeria’s ambition to expand non-oil exports has suffered a major setback after the country’s ginger export…
Nigeria builds unicorns, Wall Street takes the wealth
Nigeria has emerged as Africa’s leading technology powerhouse, producing some of the continent’s most valuable…
Dangote Refinery Listing to Open Africa’s Industrial Future to Investors
President of the Dangote Group, Aliko Dangote, has revealed that the planned listing of Dangote Petroleum Refinery…
PenCom Launches PenCare Pilot Scheme to Provide Free Healthcare for Low-Income…
The National Pension Commission (PenCom) has launched the pilot phase of its new healthcare support programme,…
Africa Set to Receive $6.4 Billion Annual Investment Guarantees as World Bank Arm…
Africa is set for a major boost in development financing as the World Bank’s Multilateral Investment Guarantee…
Nigeria Credit Rating Upgrade 2026: FX Reforms and Fiscal Policies Drive S&P…
Nigeria’s economic reform drive has earned fresh global recognition after ratings agency S&P Global Ratings…
Nigeria’s Oil Exploration Drops 41.7% as Rig Count Falls to 12 – OPEC Report…
Nigeria’s oil and gas sector recorded a sharp slowdown in April 2026, as exploration and drilling activities fell…
How Africa’s misaligned gas commercial model hurts its economies
Across Africa, a strange economic contradiction is unfolding: countries rich in natural gas reserves continue to…
Nigeria’s AI Adoption Lags Behind Global Average as Infrastructure Gaps Deepen…
Nigeria is falling behind in the global artificial intelligence race, according to a new Microsoft report that…
Nigeria’s Oil Sector Booms as Local Content Policy Drives 117 Operating Firms and…
Nigeria’s oil and gas sector is undergoing a major transformation as local content policies continue to reshape the…
South African Pension Fund Targets Dangote Refinery IPO as African Investors Eye…
African institutional investors are showing strong interest in the upcoming Dangote Refinery IPO, as…
Nigeria Oil Industry Sees Major Boom as Local Content Policy Drives 117 Operating…
Nigeria’s oil and gas industry is undergoing a major transformation as local content policies continue to reshape…
SEC T+1 Settlement Cycle Nigeria: SEC Sets June 1, 2026 for Capital Market…
The Securities and Exchange Commission (Nigeria) has announced a major shift in the country’s capital market…
Wall Street Slips as Inflation Fears and Oil Shock Rattle US Markets
US stocks retreated in early trading on Tuesday as renewed inflation fears and rising global tensions pushed…
Pan-African AI Ethics Fellowship Launches to Shape Safer and More Inclusive…
A new Pan-African initiative has been launched to strengthen ethical oversight and governance of artificial…
Equities Post Modest Rebound As Selective Gains Add N917bn On NGX
Trading at the Nigerian Exchange (NGX) closed on a mildly positive note as selective buying…
W’Bank flags skills deficit across African economies
A growing mismatch between the skills African workers have and what employers actually need is becoming a major…
Google Search Goes Fully AI
Google has officially announced what may be the biggest transformation in its history: a complete overhaul of…
FGN Bond Subscriptions Drop 45% as Investors React to Higher Yields in 2026…
Investor confidence in Federal Government of Nigeria (FGN) bonds weakened in May 2026, as total subscriptions…