Business

DisCos rake in N2.3trn despite outages

Electricity distribution companies in Nigeria generated a combined revenue of about N2.33tn in 2025, despite persistent complaints from consumers over…

5 days ago

Abdul Samad Rabiu emerges Africa’s biggest wealth gainer as networth hits $11.2bn — Forbes

Chairman of BUA Group, Abdul Samad Rabiu, has emerged as Africa’s biggest wealth gainer in the 2026 Forbes ranking of…

5 days ago

Dangote, Adenuga, Rabiu, Otedola make 2026 Forbes Africa billionaires list

Four Nigerian business moguls — Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu — have been listed among Africa’s…

6 days ago

Trump buys $1.1m Netflix bonds amid failed bid to acquire Warner Bros

United States President Donald Trump bought more than $1.1 million of Netflix bonds over the last three months as the…

6 days ago

Again, Dangote Refinery raises petrol price to N1,175 per litre

The Dangote Petroleum Refinery has increased the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, to N1,175…

6 days ago

NNPC eyes foreign crude supply for Dangote Refinery as fuel prices rise

The Federal Government, through the Nigerian National Petroleum Company Limited (NNPC Ltd), is exploring options to supply crude oil to…

6 days ago

Weekly review: NGX records lower turnover as market capitalisation rises

Investors traded 3.695 billion shares valued at N177.687 billion in 370,980 deals at the Nigerian Exchange Limited (NGX) at the…

1 week ago

Stock market closes week with N119bn gain

The Nigerian stock market sustained its bullish momentum on Friday, March 6, 2026, closing the week on a positive note…

1 week ago

Naira records two-week depreciation against dollar at official market

The naira further depreciated at the official market on Friday, March 6, 2026, trading at N1,393.25 against the United States…

1 week ago

Banking sector recapitalisation on track as deadline nears — CBN

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the ongoing banking sector recapitalisation programme is progressing…

1 week ago

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