Champion Breweries Launches N15.91bn Rights Issue to Boost Growth
Champion Breweries Plc has officially launched a N15.91 billion rights issue, inviting its qualified shareholders to participate in the capital-raising…
Month: November 2025
Sanwo-Olu Presents N4.2tn ‘Budget of Shared Prosperity’ for 2026 to Lagos Assembly
Lagos State Governor Babajide Sanwo-Olu on Tuesday submitted a landmark N4.237 trillion 2026 budget proposal to the Lagos State House…
CBN Confirms 16 Banks Have Met Recapitalisation Target as March 2026 Deadline Nears
The Central Bank of Nigeria (CBN) has confirmed that 16 Nigerian banks have now met the recapitalisation threshold, marking a…
Dangote, Honeywell Partner to Boost Refinery Capacity to 1.4m bpd by 2028
The Dangote Petroleum Refinery has taken a major step toward becoming the world’s largest single-location refining complex after sealing a…
BREAKING: CBN retains MPR at 27% to sustain inflation fight
The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27 percent, maintaining its tight monetary stance as part of…
Lontor Hi-Tech Invests N1.2B to Drive Sustainable Energy and Smart Living in Nigeria
LONTOR Hi-Tech Development Company has reaffirmed its dedication to sustainable energy and smart living in Nigeria with a landmark N1.2…
Africa’s Digital Market: Why Tech Solutions Must Be Locally Designed
Early in March 2025, I sat in a European boardroom surrounded by executives eager to understand Africa’s digital market. Their…
African Creatives Urged to Embrace Blockchain and AI for Global Success
Nigerian creative-tech advocate Sheye Banks has called for wider adoption of emerging technologies across Africa’s creative industries, highlighting their potential…
Nigerian Geochemist Pushes for Smarter, Sustainable Oil Production with New Scientific Evidence
Nigeria’s efforts to strengthen and modernise its energy sector are receiving a significant boost from new scientific insights, as petroleum…
Nigeria to Host 2026 ACI Africa Conference as Aviation Leaders Endorse Country’s Readiness
Nigeria has officially announced its readiness to host the 2026 Airports Council International (ACI) Africa Regional Conference and Exhibition. The…
SEC Urges Stronger Compliance Culture After Nigeria’s FATF Grey List Exit
Nigeria’s recent removal from the Financial Action Task Force (FATF) Grey List has prompted the Securities and Exchange Commission (SEC)…
Nigerian Market Slips as Capitalisation Falls by N69bn Amid Renewed Sell Pressure
The Nigerian equities market opened the week on a gloomy note as sustained sell pressure in 26 stocks dragged market…
Fitch Predicts Bank of Ghana Policy Rate Could Drop to 16.5% by 2026 Amid Stable Economy
Fitch Solutions has projected that the Bank of Ghana (BoG) could lower its monetary policy rate to 16.5% by the…
MTN Nigeria Remits N6.9 Trillion in Taxes, Reinforcing Role as Key Economic Driver
MTN Nigeria has reaffirmed its position as a cornerstone of the nation’s economy, revealing that its cumulative tax, levies, and…
Nigeria Achieves Global Quality Recognition, Boosting Exports to 140 Countries
Nigeria has achieved a major milestone in global trade after the Nigerian National Accreditation System (NINAS) received international recognition. This…
Afreximbank Aims to Boost African Trade to $40 Billion Under AfCFTA
Afreximbank has set an ambitious target of $40 billion to accelerate intra-African trade and industrialisation under the African Continental Free…
Dangote Champions Mechanised Farming to Boost Nigeria’s Economic Growth
The Dangote Group is leading efforts to modernize Nigeria’s agricultural sector through strategic partnerships aimed at boosting productivity and economic…
Google Unveils Gemini 3: A New Era of Agentic AI Transforming Search and Productivity
Google has officially launched Gemini 3, marking a major leap in artificial intelligence. This new AI model is designed to…
AI-Driven Future Dominates CICSRN Lagos Conference on Office Management
Artificial Intelligence (AI) took center stage at the 38th Annual National Conference and 2024 AGM of the Chartered Institute of…
Naira Strengthens Ahead of 303rd CBN MPC Meeting, Hits N1,452/$1
The Nigerian Naira recorded modest gains across the foreign exchange market on Monday, trading at N1,452/$1, up from N1,458/$1 last…
Musk’s X Sparks Global Debate Over Location Feature Revealing MAGA Accounts Abroad
Elon Musk’s X platform is facing a firestorm after introducing a new feature that reveals the location of user accounts.…
Lagos State Issues Record N244.82 Billion Bond to Boost Infrastructure and Green Development
Lagos State has made history with its latest bond issuance, raising N244.82 billion to fund major infrastructure and green development…
AFC and NGX Boost Nigeria’s Capital Market Capacity to Fund Infrastructure Projects
Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, and Nigerian Exchange Limited (NGX), the country’s sustainable capital market champion,…
Nigerian Stock Market Slides Again as Sell-Offs Wipe N69 Billion from Market Capitalization
The Nigerian equities market continued its downward trend yesterday, closing in negative territory as widespread profit-taking weighed on investor sentiment.…
European Markets Set for Weak Open as Investors Ignore Wall Street Rally
European markets are poised for a muted start on Tuesday, with major indices expected to open flat to slightly lower…
NNPC Sets June 2026 Deadline to Seal New Refinery Partnerships as Nigeria Targets Global Standards
The Nigerian National Petroleum Company Limited (NNPCL) has set June 2026 as the deadline to select technical partners for its…
CBN Expected to Cut Interest Rate Again as Inflation Cools — Analysts Predict Up to 100bps Slash
As the Central Bank of Nigeria’s Monetary Policy Committee concludes its November meeting today, analysts widely expect another round of…
Africa’s Solar Potential Underutilized as EU Mobilizes €15.5 Billion for Renewable Energy
Africa is home to 60% of the world’s best solar resources, yet it receives a mere 2% of global energy…
Lontor Hi-Tech Drives Sustainable Energy Growth with N1.2 Billion Investment
Lontor Hi-Tech Development Company has reinforced its commitment to sustainable energy and smart living with a N1.2 billion investment in…
FG Accelerates Digitalisation with Humanitarian Ministry’s Adoption of 1Government Cloud
The Federal Ministry of Humanitarian Affairs and Poverty Reduction has officially gone live on the 1Government Cloud Enterprise Content Management…