Nigerian firm PromiseLand Innovations Limited is set to launch a new e-hailing platform, ProTaxi, on 1 October 2026, positioning the service as a homegrown...
Category - Business
Dangote Petroleum Refinery plans to price its shares at 525 naira per share in its upcoming initial public offering (IPO), aiming to raise approximately $1.5bn...
The initial public offering (IPO) of Africa’s largest oil refinery, the Dangote Refinery, is set to open within the next 10 to 12 days. Billionaire founder...
The Central Bank of Nigeria (CBN) has lowered borrowing costs on its flagship one-year Treasury bill for a second consecutive week, cutting the stop rate to 16...
Nigeria’s financial regulator has proposed a sweeping new framework for retail foreign exchange trading that could require platform providers to hold up...
Nigerian equities closed August on a mixed note, with the benchmark NGX All-Share Index (ASI) dipping 0.44% over the month, despite a late-session rally that...
ABUJA, Nigeria — Nigeria’s economy expanded by 4.43 per cent year-on-year in real terms during the second quarter of 2026, marking a steady acceleration from...
State energy firm NNPC Limited and its joint venture partners have signed key agreements to advance the deepwater Bonga South-West/Aparo (BSWAp) project, which...
Nigeria’s federal government borrowed N11.9 trillion ($7.6 billion) between June 2023 and December 2025 but insists national debt levels would have been...
Dangote Petroleum Refinery and Petrochemicals has secured a $1 billion underwriting programme from international investors ahead of its anticipated Initial...