Business

Stock market capitalisation hits N122trn as investors gain N5.1trn

The Nigerian stock market started the week on a positive note as market capitalisation increased by N5.1 trillion, representing a…

4 weeks ago

Dangote Group signs $400m deal to accelerate refinery expansion

Dangote Group has signed a $400 million agreement with XCMG Construction Machinery Co., Ltd. to acquire advanced construction equipment aimed…

4 weeks ago

Customs clarifies forex rate use in cargo valuation, affirms CBN as sole source

The Nigeria Customs Service (NCS) has clarified concerns over the foreign exchange rates used in customs valuation, stressing that it…

4 weeks ago

Active voice subscriptions hit 171.7m in Q2 — NBS

Nigeria’s telecommunications sector sustained strong performance in the second quarter of 2025, with active voice subscriptions rising to 171,730,061, according…

4 weeks ago

Sterling HoldCo announces recapitalisation of two subsidiaries

Sterling Financial Holdings Company Plc has announced that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are…

4 weeks ago

Tinubu hails BUA’s strategic MoU with UAE ports, MAIR Group

President Bola Ahmed Tinubu has commended the signing of a strategic Memorandum of Understanding (MoU) between Nigeria’s BUA Group and…

4 weeks ago

Shettima leads federal delegation to Kano over Singa Market fire

Vice President Kashim Shettima is set to lead a Federal Government delegation to Kano on Monday following the devastating fire…

4 weeks ago

Warner Bros mulls reopening sale talks with Paramount

Warner Bros Discovery is considering reopening sale talks with rival Hollywood studio Paramount Skydance after receiving its amended offer. Members…

4 weeks ago

UBA launches platform to connect global Africans with investments, wealth opportunities

United Bank for Africa (UBA) Plc has unveiled a new diaspora banking and investment platform aimed at serving Africans living…

4 weeks ago

Tinubu sympathises with Kano traders, orders probe into Singer Market fire

President Bola Tinubu has sympathised with traders and residents of Kano State following a devastating fire outbreak at Singer Market…

4 weeks ago

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