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Business
NNPC Boosts Investment in Dormant Refineries to N2.92tn Amid Ongoing Revival Plans
The Nigerian National Petroleum Company Limited (NNPC) increased its investment in the country’s three…
Nigeria’s Company Income Tax Surges 40% to N2.78 Trillion in Q2 2025
Nigeria’s Company Income Tax (CIT) collections skyrocketed in the second quarter of 2025, reaching a record N2.78…
Dangote Group Expands Fertiliser Production with Global Partnerships in Nigeria…
Dangote Group has launched a major expansion of its fertiliser operations in Nigeria and Ethiopia, partnering with…
NNPCL-Heirs Energies JV Doubles Gas Supply, Boosting Power Generation Across…
Nigeria’s domestic gas supply and electricity generation have received a major boost following a landmark…
CBN Orders Banks to Withdraw Misleading Ads to Protect Consumers
The Central Bank of Nigeria (CBN) has issued a stern directive to all banks, payment service banks, and other…
European Markets End November Mixed; Delivery Hero Surges Over 15% Amid Strategic…
European stocks closed Friday with a mixed performance as investors digested a volatile month of trading. The…
Nigerian Stock Market Rebounds with N111 Billion Gain Driven by MTNN, Banking, and…
The Nigerian equities market staged a notable recovery on Thursday, November 27, 2025, adding N111.08 billion to…
Nigerian Stock Market Gains N111bn as Investor Optimism Returns
The Nigerian equities market closed on a positive note yesterday, recording a remarkable N111 billion gain, fueled…
CSCS Implements T+2 Settlement Cycle, Boosting Efficiency in Nigeria’s Capital…
The Central Securities Clearing System Plc (CSCS) has officially implemented the T+2 settlement cycle in Nigeria’s…
CBN Orders Banks to Withdraw Non-Compliant Advertisements: Ensures Consumer…
The Central Bank of Nigeria (CBN) has issued a stern directive to Deposit Money Banks (DMBs), Payment Service Banks…
Asia-Pacific Stocks Mixed as Tokyo Inflation Surprises, Fueling Rate-Hike…
Asia-Pacific markets delivered a mixed performance on Friday as investors navigated fresh signals from Japan’s…
NNPCL’s N17.5tn Pipeline Security Spending Sparks Audit Demands in 2024 Financial…
Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPCL), has revealed that the…
SEC Orders Full Registration of All Tradable Instruments by January 2026
The Securities and Exchange Commission (SEC) has issued a firm directive to all Capital Market Operators, requiring…
Kalahari Cement Secures Majority Stake in EAPC Through NSSF Deal
Kalahari Cement has taken a major step in expanding its footprint in East Africa by acquiring a 27% equity stake in…
EABL Raises KSh 16.7 Billion in Oversubscribed Bond Listing on Nairobi Securities…
East African Breweries Plc (EABL) has successfully listed the first tranche of its Medium-Term Note (MTN) Programme…
Ghana’s Public Debt Hits GH¢684.6bn in Q3 2025 Despite Strong Year-Long Decline
Ghana’s public debt rose to GH¢684.6 billion in the third quarter of 2025, marking an increase of GH¢71.6 billion…
GM Faces Major Tech Leadership Shakeup as New Product Chief Restructures Software…
General Motors is undergoing a significant shakeup inside its technology leadership ranks, with three senior…
Dangote Refinery Denies Claims of Exporting Off-Spec Diesel Amid Rising Quality…
Dangote Refinery has firmly denied allegations that it exported off-specification diesel to European markets,…
GenCos Set to Gain Foreign Exchange from West Africa Power Pool Amid Market Shifts
Nigerian power generation companies (GenCos) are poised to reap foreign exchange (FX) benefits through…
First Ally Capital Invests N2bn in First Holdco Shares Amid Rising Market…
First Ally Capital Limited, an investment firm linked to Ebenezer Olufowose, chairman of First Bank of Nigeria…
BUA Cement, Cadbury Sell-Offs Drag Nigerian Exchange by N444bn
Sell-offs in major stocks, including BUA Cement (-4.76%), Cadbury (-9.92%), and Meyer (-9.91%), sent shockwaves…
NNPC/Heirs Energies OML 17 Boosts Gas Supply to 135MMscf, Powering Nigeria’s…
The NNPC/Heirs Energies OML 17 Joint Venture (JV) has achieved a major breakthrough in Nigeria’s gas sector,…
Private Sector Credit Surges N1.88 Trillion After September Rate Cut
Credit to Nigeria’s private sector rose sharply in October 2025, climbing to N74.41 trillion from N72.53 trillion…
Nigerian Breweries Increases Product Prices Amid Rising Operational Costs
Nigerian Breweries Plc has announced a price increase across its range of beverages, including Star Lager, Gulder…
Bank of Ghana Targets Deeper Lending Rate Cuts to Boost Private-Sector Growth
The Bank of Ghana (BoG) is stepping up efforts to bring down lending rates, with Governor Dr. Johnson Asiama…
SEC Orders Capital Market Operators to Fully Comply with ISA 2025 by January 2026
The Securities and Exchange Commission (SEC) has directed all Capital Market Operators (CMOs) to declare their…
European Markets Open Mixed as Investors Weigh Global Economic Outlook
European markets are set for a mixed and cautious start on Thursday as investors take a moment to assess both…
Dangote Refinery Cuts Nigeria’s Malta Petrol Imports by 60% as Local Supply Surges
Nigeria’s petrol imports from Malta have fallen sharply, dropping by 60 percent in 2024, as the Dangote Petroleum…
AfDB Approves $500m Loan to Boost Nigeria’s Energy Reforms and Fiscal Stability
The African Development Bank has approved a fresh $500 million loan to support Nigeria’s ongoing economic…
High Lending Rates in Nigeria Strangling Production, MAN Urges CBN to Cut Interest…
The Manufacturers Association of Nigeria (MAN) has raised fresh concerns over the country’s high lending rates,…