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Gas

Iran Vs US: War fallout hits homes in Nigeria as cooking gas price skyrocket

The conflict involving the United States, Israel and Iran has affected production and major shipping routes, leading to higher international
MREIF

FirstBank opens N100m Property Loan Window under MREIF Initiative

Backed by a N1 trillion MREIF fund designed to bridge Nigeria’s housing deficit, the initiative empowers Nigerians with long-term, low-cost…
Vaib Brand announces Pointek as official retail partner in Nigeria

Vaib Brand announces Pointek as official retail partner in Nigeria

Vaib Brand, an innovator in the premium audio and kitchen products and accessories market, has announced the signing of Pointek…
Putin

Belgium sets €10m bail for seized Russian shadow fleet tanker

The shadow fleet referred to a network of tankers used by Moscow to circumvent the international oil price cap imposed…
GSMA and Zindi Launch Landmark African AI Safety Challenge to Shape Global Standards for Trustworthy AI

GSMA and Zindi Launch Landmark African AI Safety Challenge to Shape Global Standards for Trustworthy AI

The African Trust & Safety LLM Challenge will run from 4 March to 19 April 2026 on the Zindi platform.…

Developing Africa Group Launches Eligibility Test to Help Africans Earn Above Minimum Wage

Developing Africa Group (DAG) has unveiled a pilot initiative designed to empower African graduates and skilled individuals to earn above…
sujimoto

How I built Sujimoto with grit, pain, patience – Sijibomi Ogundele

For him, Lucrezia was never a line item on a balance sheet; it was a statement of purpose. He believed…
Davos 2026: Infrastructure and Inclusion Overtake Crypto Speculation

Davos 2026: Infrastructure and Inclusion Overtake Crypto Speculation

While headlines at Davos may focus on political posturing and strategic reserves, the enduring legacy of this era will likely…

Zeuswrap: Why More Nigerians Should  Invest in Nigeria’s Automotive Sector

As Nigeria’s automotive sector continues to grow in leaps, with roughly 720,000 vehicles sold annually, consumer demand is real and…
The Executive Secretary of the Solid Minerals Development Fund, Hajiya Fatima Shinkafi (left) and Franklin Edochie, the Deputy Director of the Africa Finance Corporation and Head, Metals and Mining signing an investment partnership agreement to jointly fund three projects including a 1.3 billion dollars alumina project recently with the Minister of Solid Minerals Development, Dele Alake (middle behind) witnessing the event

Nigeria, AFC seal $1.3bn for alumina refinery, others

The project would be Nigeria’s largest private mining investment and a landmark foreign direct investment, contributing 1.2 billion dollars to…
Dangote Cement Plc

Dangote Cement revenue hits N4.31trn as profit tops N1trn

Chief Executive Officer, Arvind Pathak, said: “2025 was a landmark year as we delivered exceptional financial performance.
NGX

NGX All-Share Index falls to 192,826.78 amid heavy sell-off

They appreciated by 0.71 per cent, 0.13 per cent, 2.35 per cent, 3.11 per cent, 0.92 per cent, 1.25 per…
BUA

BUA Cement Plc posts N356bn profit after tax

Its operating profit more than tripled to N504.55 billion in 2025, compared with N144.30 billion recorded in 2024, in spite…
Tinubu

Tinubu hails Lebara Nigeria launch as boost to digital Economy

He acknowledges that investments of this nature are critical to deepening financial inclusion, enabling innovation, and accelerating economic growth.
Where Is the Best Place to Sell Gift Cards for Instant Cash in Nigeria? (Why GCBUYING Leads in 2026)

Where Is the Best Place to Sell Gift Cards for Instant Cash in Nigeria? (Why GCBUYING Leads in 2026)

Selling gift cards for Naira is not as simple as uploading a code and waiting for payment. But GCBUYING has…
AMNI

Court orders stay of execution on appointment of administrator in AMNI Petroleum’s case

"In the result, the Judgment Debtor/Applicant’s AMNI INTERNATIONAL PETROLEUM DEVELOPMENT COMPANY application for stay of execution pending appeal dated and…
Lagos

Lagos, CWEIC unveil ‘Invest Summit 3.0’ to boost Global Investment Visibility

Sanwo-Olu stated that previous editions strengthened global engagement with capital providers and catalysed conversations around bankable projects.
TRANSCORP

Transcorp Group posts record FY 2025 results; PBT hits N179.5bn

Transnational Corporation Plc, listed on the Nigerian Exchange as TRANSCORP, has announced audited full year 2025 results showing record financial…
Seplat

Seplat Energy posts 144% revenue growth, hits $2.73bn in 2025

Gas production was also projected to increase by 30 per cent, driven by contributions from the ANOH Gas Plant, improved…
NUPRC

NUPR sets deadline for Licensing Round applications

The NUPRC, in a statement signed by its management, said the notice was in accordance with Section 11.2 of the…
Stakeholders in the Nigerian economy declare support for the decision of CBN's MPC to reduce interest rates at its 304th meeting in Abuja

NECA, CPPE, stockbrokers welcome CBN’s MPR cut, urge broader reforms

They said the decision of the Monetary Policy Committee, announced by the CBN Governor, Olayemi Cardoso, reflected improving macroeconomic fundamentals…
Harmony Gardens

Harmony Gardens breaks $1bn barrier with Lekki expansion drive

Harmony Garden & Estate Development Limited has expanded its development activities across Ibeju-Lekki, pushing the projected long-term value of its…
Investors lose N1.14trn as NGX reacts to MPC decision

NGX bleeds N1.14trn as investors react to MPC decision

The action of the MPC triggered massive selloffs in stocks such as Daar Communications, Tantalizers, BUA Foods, Ellah Lakes, Japaul…
Cardoso

Cardoso: 20 Banks meet requirements for recapitalisation

The CBN had in 2024 announced a major bank recapitalisation programme requiring Nigerian banks to raise higher capital bases within…
Value Added Tax (VAT)

Survey shows Nigeria’s tax ID portal Is user-friendly, efficient

Government officials added that the unified database will prevent confusion from multiple tax numbers across states and improve revenue administration.…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Forex Alert: CBN buys $190M to slow Naira’s rapid rise

Analysts also said higher oil prices, increasing foreign reserves, and ongoing economic reforms are helping to keep the naira stable…
CBN

CBN cuts Interest Rate again to 26.5%

Other key parameters were left unchanged, with the Cash Reserve Ratio retained at 45 per cent for commercial banks and…
AMNI

AMNI clarifies context following related court rulings

"The Company wishes to emphasise that these proceedings do not relate to insolvency or inability to meet obligations.
APC

APC hails by-election wins as referendum on Tinubu’s leadership

He said the outcome of the polls also showed that political influence on social media does not necessarily translate into…
Director General, Nigerian Maritime Administration and Safety Agency, NIMASA, Dr Dayo Mobereola (left) and the Chief of Air Staff, Air Marshall S. K. Aneke during a courtesy visit by the NIMASA Director General to the Nigerian Air Force Head quarters in Abuja.

NIMASA, NAF commit to improved partnership

Dr. Mobereola further emphasized that international trade depends on security, which is why vessels prefer to go to or transit…