Business

NNPC considers 51% equity deal with Chinese partners for key refineries

The Nigerian National Petroleum Company Limited is weighing a new equity partnership model that could see Chinese investors take a…

1 month ago

Stock market investors gain N73bn amid buying interest

The Nigerian stock market resumed its bullish trend on Thursday, May 21, 2026, as investors gained N73 billion on renewed…

1 month ago

BUA Cement shareholders approve N10.00 dividend as company’s revenue hits N1.2trn

The shareholders of BUA Cement Plc have approved a N10.00 dividend per share for the 2025 financial year. The approval…

1 month ago

Kano heatwave, poor power supply hit soft drink seller’s income

A prolonged heatwave and erratic electricity supply in Kano State are taking a heavy toll on small businesses, with soft…

1 month ago

Kano, Yola lag as metered electricity users hit 7.2m

Electricity distribution companies (DisCos) across Nigeria added 241,590 new metered customers between January and February 2026, pushing the total number…

1 month ago

Now that banks’ recapitalization exercise is over

By UMMIE KABIR As we bask in the euphoria of successful banking sector recapitalisation exercise, it has become more pertinent…

1 month ago

Seplat shareholders approve N113.78 dividend for 2025

Shareholders of Seplat Energy have approved a total dividend payout of N113.78 per share for the 2025 financial year. The…

1 month ago

Anambra pushes agro-industrialisation for forex gains

The Anambra State Government has unveiled plans to drive agro-industrialisation and boost foreign exchange earnings for farmers through large-scale production…

1 month ago

Oil exports lift Nigeria-UK trade to £7.6bn

Nigeria’s crude oil exports helped drive total trade with the United Kingdom to £7.6bn in 2025, according to new data…

1 month ago

Stock market reverses bullish run as investors lose N1.6trn

The Nigerian stock market reversed its recent bullish run on Wednesday, May 20, 2026, as investors’ wealth fell by N1.619…

1 month ago

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