Business

Dangote refinery to sell 10% stake via Pan-African IPO

The Dangote Group has announced plans to sell a 10 per cent stake in its $20 billion 650,000-barrel-per-day refinery through…

3 months ago

FG acts as airlines threaten shutdown over fuel hike

Aviation Minister Festus Keyamo has appealed to domestic airlines to suspend plans to halt flight operations and hold off on…

3 months ago

NGX investors gain N1.66trn as market cap hits N136trn

The Nigerian stock market extended its bullish run on Thursday, April 16, 2026, with investors recording a gain of N1.663…

3 months ago

Nigeria spends up to $600m annually importing palm oil— Minister

Nigeria produces approximately 1.4 million metric tonnes of palm oil each year against a domestic demand of more than 2.5…

3 months ago

FG expands maritime investments, targets 50,000 new jobs

The Federal Government has stepped up efforts to unlock opportunities in Nigeria’s maritime sector, with ongoing investments projected to create…

3 months ago

Nigerian Breweries market capitalisation hits N2.3trn as gross profit rises to N565bn

Nigerian Breweries Plc has announced that its market capitalisation grew by 135 per cent in 2025, rising from N991.5 billion…

3 months ago

Excessive interest rate hikes could derail economic reforms — Edun

Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has cautioned that aggressive interest rate increases could…

3 months ago

Nigeria’s inflation rate rises to 15.38%

The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate rose to 15.38 per cent in March…

3 months ago

IMF backs Nigeria’s bank recapitalisation, urges stronger fiscal buffers

The International Monetary Fund (IMF) has thrown its weight behind Nigeria’s ongoing bank recapitalisation programme, saying stronger capital buffers are…

3 months ago

Stanbic IBTC, Ecobank top gainers’ list as stock market investors gain N884bn

The Nigerian stock market closed on a bullish note on Tuesday, April 14, 2026, with investors recording a gain of…

3 months ago

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