Browsing Category
Business
GH¢2 Diesel Price Cut Won’t Reduce Government Revenue, Minister Explains
The government’s GH¢2 per litre reduction in diesel prices will not result in a loss of government revenue,…
Kenya’s Private Sector Hiring Hits 2026 High as New Orders Lift Business…
Kenya’s private sector is showing fresh signs of recovery, with companies increasing hiring in July at the fastest…
Dangote Refinery Overtakes U.S. as Europe’s Biggest Jet Fuel Supplier
Dangote Petroleum Refinery has strengthened Nigeria’s position in the global energy market after emerging as…
FG Rolls Out 60.82MW Renewable Power Projects as Yobe Gets New Solar Mini-Grids
The Federal Government is stepping up efforts to tackle Nigeria’s electricity challenges with the rollout of…
SEC Intensifies Push to Recover Unclaimed Investments Worth Billions
The Securities and Exchange Commission (SEC) has stepped up its efforts to help Nigerians recover unclaimed funds,…
Five Insurers Step Up Capital Drive as NAICOM Deadline Push Intensifies
Five Nigerian insurance companies are making a final push to secure full compliance with the National Insurance…
Seplat to complete 10% NNPC JV sale December
Seplat Energy is on course to complete the sale of a 10 per cent working interest in its joint venture with the…
NAICOM Begins Issuing New Licences as Insurance Recapitalisation Ushers in New Era
Nigeria's insurance industry has entered a new phase as the National Insurance Commission…
IMF Urges Ghana to End Quasi-Fiscal Activities After GH¢22 Billion Gold Programme…
The International Monetary Fund (IMF) has called on Ghana to permanently end quasi-fiscal activities after the Bank…
Kenya’s stock exchange plans East Africa’s first AI-focused ETF
Kenya is preparing to make history in Africa's financial markets as the Nairobi Securities Exchange (NSE) plans to…
PMI: Agriculture records 24th consecutive month of growth as private sector…
Nigeria's private sector continued its steady recovery in July 2026, with the Central Bank of Nigeria (CBN)…
CBN Reports Stronger Loan Demand as Nigerian Banks Record Fewer Defaults in Q2…
Nigeria's banking sector showed renewed strength in the second quarter of 2026 as demand for loans increased while…
We’ve started paying depositors of 46 microfinance banks — NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the reimbursement of customers affected by the…
Nigeria’s Business Growth Faces New Threat as Rising Costs Stall Investment Plans
Nigeria’s economy is showing encouraging signs of recovery, with businesses recording stronger production, rising…
Nigeria Sets Sights on $50bn Offshore Oil Investment Boom by 2030
Nigeria is positioning itself for a major boost in its oil and gas industry as the Federal Government, through the…
Banking stocks lift Nigerian market by N70.6 billion despite consumer goods…
The Nigerian stock market ended Wednesday’s trading session on a positive note, with banking stocks helping…
Tinubu Credits Economic Reforms for Record Profit Growth of NGX Companies in H1…
President Bola Tinubu has attributed the impressive financial results posted by several companies listed on…
Tax swallows N1.13 trillion from Aradel, Seplat half-year profits
Aradel Holdings and Seplat Energy delivered exceptional financial performances in the first half of 2026,…
S/Africa targets Dangote Refinery secondary listing after planned Nigeria IPO
The Johannesburg Stock Exchange (JSE) is making a bold move to secure a secondary listing for Dangote Petroleum…
Dangote Refinery Expands African Crude Imports as Nigerian Supply Declines
Dangote Refinery is accelerating its shift toward sourcing crude oil from across Africa as supplies from Nigeria…
Nigeria’s cement firms rake in N3.2 trillion in six months amid price hikes,…
Nigeria’s cement industry has recorded one of its strongest performances in recent years, with the…
Dangote Refinery drops PMS to ₦1,165/Litre, diesel to ₦1,570/litre
Dangote Petroleum Refinery has announced another reduction in the ex-depot prices of Premium Motor Spirit (PMS),…
Nigeria’s oil boom threatened by 50-year-old problem, says NURPC’s Eyesan
Nigeria’s renewed push to reclaim its position as one of Africa’s leading oil producers is facing an…
Nigeria Tightens Crypto Regulations as Government Unveils New Tax Rules for…
The Nigerian government has introduced new taxation guidelines for cryptocurrencies and other virtual assets,…
China Relaxes Fuel Export Restrictions as Global Energy Supply Crisis Intensifies
China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel…
China Relaxes Fuel Export Restrictions as Global Energy Supply Crisis Intensifies
China has taken a significant step toward easing pressure on the global energy market by partially lifting the fuel…
S&P 500 and Dow futures tick higher after record day on Wall Street
Wall Street looked set to extend its winning streak on Wednesday after the S&P 500 and Dow Jones Industrial…
Nigerian Stock Market Loses N599bn as Sell-Off Hits Nestlé, First Holdco, NGX…
The Nigerian stock market returned to negative territory on Wednesday after investors wiped out N599 billion in…
Lekki Port Boosts Global Trade as MSC Launches Weekly Shipping Service
Lekki Port has taken another major step toward strengthening Nigeria's international trade network with the arrival…
African Alliance submits recapitalisation plan to NAICOM after handover
African Alliance Insurance Plc has confirmed that it has officially submitted its recapitalisation plan to the…