Dangote Petroleum Refinery and Petrochemicals is preparing for a landmark listing on the Nigerian Exchange Limited, with plans to make its shares available to everyday Nigerians through fintech apps, mobile
South Africa’s telecom giant MTN Group has reported a strong start to 2026, with core earnings rising 27.9 per cent in the first quarter, boosted by solid performances in key
Dangote Group is targeting a $50 billion valuation for its refinery business as it prepares for a major initial public offering (IPO) in Nigeria later in 2026, in what could
Fidelity Bank Plc reported a strong financial performance for the 2025 financial year, with gross earnings rising by 45.6 percent to N1.52 trillion, according to its audited results published on
The Central Bank of Nigeria (CBN) has cautioned state governments against excessive reliance on overdrafts and short-term borrowing, warning that weak fiscal discipline at the sub-national level could undermine Nigeria’s
Nigerian billionaire and industrialist Abdul Samad Rabiu, founder and chairman of BUA Group, has overtaken South African businessman Johann Rupert to become Africa’s second-richest person, following a strong increase in
Africa’s richest businessman, Aliko Dangote, has unveiled plans to expand into the power sector with a target of generating up to 20,000 megawatts (MW), marking one of the most ambitious
Nigerian banks have moved into the country’s N400 billion airtime and data lending space, offering significantly lower interest rates and challenging telecom operators’ long-standing dominance in the segment. Guaranty Trust
The Nigerian Ports Authority (NPA) says a total of 36 vessels carrying petroleum products, food items, and other goods are expected to arrive at major seaports in Lagos State between
The Nigerian National Petroleum Company Limited has signed a new agreement with Chinese partners in a fresh attempt to revive the country’s struggling refineries, while also reporting improved financial performance.
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