NNPCL Raises Petrol Price to N960 in Abuja Amid Crude Oil Surge
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS) to N960 per litre at its retail outlets in Abuja, up from N875,
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Shoprite Reports Profit Growth Amid Low Food Price Inflation
South Africa’s largest grocery retailer, Shoprite Holdings, posted a 7.7% rise in half-year profit, driven by strong festive season demand, even as low internal selling price inflation continued to weigh
MTN Group Projects Fourfold Earnings Jump in Nigeria and Ghana
Africa’s largest mobile network operator, MTN Group Ltd., has projected that its full-year earnings will more than quadruple, fueled by a sharp recovery in its Nigerian and Ghanaian operations. The
Dangote Refinery Appoints Investment Banks Ahead of $20B Listing
Dangote Listing Could Become Africa’s Largest on the NGX The Dangote Group has selected Stanbic IBTC Capital, Vetiva Capital Management, and First Capital to lead the planned listing of its
Key business events to watch in Nigeria this week
Here’s a roundup of major business stories and events scheduled from March 2 to March 7, 2026. House of Representatives to hold fintech bill hearing On Monday, the House of
NGX raises red flag over suspicious stock price movements
The Nigerian Exchange Ltd (NGX) has issued a cautionary alert to investors after detecting unusual and sharp price movements in the shares of several listed companies, warning that the fluctuations
Digital payments now dominate Nigeria’s nightlife economy – Moniepoint
Transfers and card payments surge as cash declines across bars and lounges Digital payments are rapidly transforming Nigeria’s nightlife economy, with bank transfers and card transactions now dominating spending at
MTN Nigeria posts N1.7tn profit, declares N15 dividend
MTN Nigeria Communications Plc has returned to profit after a difficult 2024, reporting N1.7 trillion in pre-tax profit for the year ended December 2025, compared to a N550.3 billion loss
Dangote refinery wants to supply up to 65 million litres of petrol daily
Dangote Refinery says it will supply up to 65 million litres of petrol daily to Nigeria’s domestic market while exporting an additional 15 to 20 million litres, a move that
Warner Bros. Discovery confirms higher takeover bid from Paramount
Warner Bros. Discovery has confirmed receiving a higher takeover offer from a consortium involving Paramount Global and Skydance Media, escalating an ongoing acquisition battle that could reshape the global media
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