Seplat Energy Targets Expansion, Approves 2025 Dividend Amid Record Production Surge
Seplat Energy Plc has entered a bold new phase of expansion, combining strong financial performance with an aggressive growth strategy…
Day: May 22, 2026
Chinese Investors May Acquire 51% Stake in Port Harcourt and Warri Refineries as Nigeria Eyes NLNG-Style Deal
Nigeria is considering a major shift in its downstream oil sector that could see Chinese investors take a controlling 51…
CBN Sells N829.32bn Treasury Bills as Investors Rush Long-Term Papers Amid Strong Demand
The Central Bank of Nigeria (CBN) has allotted a total of N829.32 billion at its Treasury Bills Primary Market Auction…
BUA Cement Declares N338.64bn Dividend as Profit Surges, Targets 23m Tonnes Capacity Expansion
Shareholders of BUA Cement Plc have approved a final dividend of N10 per ordinary share for the 2025 financial year,…
European Markets Rise as Stocks Open Higher Despite Puig Collapse and Global Oil Shock
European stock markets opened Friday on a positive note, with major indices posting gains despite growing geopolitical tension and mixed…
Naira Strengthens to ₦1,840/£1 as UK Political Tensions Weigh on Pound Sterling
The Nigerian naira has recorded a fresh gain against the British pound sterling, trading at ₦1,840/£1 according to the latest…
CBN Extends Breathing Space for Banks as Legal Bottlenecks Slow Recapitalisation Drive
he Central Bank of Nigeria (Central Bank of Nigeria) has assured that deposit money banks yet to fully meet the…
Oil Asset Security in Niger Delta Gets Boost as Youth Employment Programs Reduce Vandalism in Bayelsa
For years, oil-producing communities in Nigeria’s Niger Delta have faced a difficult cycle of unemployment, poverty, and rising frustration among…
Risks of Poor AI Adoption in Africa: ipNX Warns Firms on Data, Infrastructure Gaps
Artificial intelligence may be transforming industries across the globe, but experts are warning that rushing into adoption without proper foundations…
How Elon Musk Will Expand His Control Through the SpaceX IPO and What It Means for Investors
Elon Musk is already known for his dominant influence over the companies he leads, and the upcoming SpaceX IPO appears…
FG, Meta Unveil “GovGuide Nigeria” AI Chatbot to Transform Access to Public Services Across Nigeria
The Federal Government has partnered with Meta to launch GovGuide Nigeria, an artificial intelligence-powered chatbot designed to make access to…
Crude Oil Prices Drop on US–Iran Peace Deal Signals as Markets React to Geopolitical Shift
Global oil prices slipped on Thursday as optimism grew over a possible breakthrough in peace negotiations between the United States…
Lenovo Shares Surge Nearly 20% as AI Revenue Fuels Record-Breaking Earnings
Lenovo has posted one of its strongest financial performances in years, sending its shares soaring nearly 20% on Friday. The…
Trade growth: Nigeria’s maritime sector shows early gains from reforms
Nigeria’s maritime industry is beginning to show clear signs of recovery and expansion, with new data from Q1 2026 pointing…
African Marketplace 2026 Heads to Dubai to Attract Global Investors and Showcase Afro-Caribbean Excellence
African Marketplace is set to return in a bigger and more ambitious edition in 2026, with organisers confirming Dubai as…
European Stocks Swing on Iran Nuclear Tensions as Geopolitical Fears Shake Markets
European stock markets ended Thursday on a shaky but slightly positive note as investors reacted to fresh geopolitical tension surrounding…
Sterling Financial Holdings Leads Trading as Nigerian Stock Market Rebounds, Gains 111 Points
The Nigerian stock market rebounded on Thursday, May 21, 2026, recovering from the previous session’s heavy losses as investors returned…
Asia-Pacific Markets Rally as Investors Weigh U.S.-Iran Peace Deal Prospects
Asia-Pacific stock markets ended Friday on a strong note as investors reacted positively to ongoing diplomatic efforts between the United…
FG launches AI platform to improve access to government information, services on WhatsApp
The Federal Government has unveiled GovGuideNigeria, a new artificial intelligence-powered platform designed to make government information and services more accessible…