Business

Seplat appoints Elumelu as non-executive director

The Board of Seplat Energy has announced the appointment of the Chairman of Heirs Holdings, Tony Elumelu, as a Non-Executive…

2 months ago

Selloffs hit stock market as investors lose N557bn

The Nigerian stock market reversed its bullish trend on Thursday, January 22, 2026, losing N557 billion after two days of…

2 months ago

Tinubu approves commercial oil drilling in Ogun

President Bola Tinubu has approved the commencement of commercial oil drilling at Tongeji Island in Ipokia Local Government Area of…

2 months ago

BUA, CBMI sign agreement to build $240m cement line in Sokoto

BUA Cement Plc has signed an agreement with CBMI to build a new ultra-modern 3-million-ton-per-annum cement line in Sokoto. BUA,…

2 months ago

Stock market extends bullish rally with N6bn gain

The Nigerian stock market sustained its upward momentum on Wednesday, January 21, 2026, with market capitalisation rising by N6 billion…

2 months ago

Stock market rebounds as investors gain N94bn

The stock market rebounded with N94 billion profit to the portfolios of investors on Tuesday, January 20, 2026. Interest in…

2 months ago

Nigerians spend N1.54trn on beer, soft drinks in nine months

Nigerians spent an estimated N1.54tn on beer and other non-alcoholic beverages in the first nine months of 2025, as major…

2 months ago

Stock market investors lose N11bn

The Nigerian stock market began the week on a cautious note on Monday, January 19, 2026, as mild profit-taking shaved…

2 months ago

Gold, silver hit record highs amid Trump’s Greenland tariffs

Gold and silver prices climbed to fresh peaks on Monday, January 19, 2026, as investors poured into safe-haven assets after…

2 months ago

Nigeria’s oil output fell 8.3% to 1.544m bpd in December 2025

Nigeria’s oil production, including condensate, declined by 8.3 per cent year-on-year to 1.544 million barrels per day (bpd) in December…

2 months ago

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