Business

SpaceX IPO makes Elon Musk world’s first trillionaire

Elon Musk has become the first person in history to amass a fortune exceeding $1 trillion after SpaceX's record-breaking $75…

3 weeks ago

Stock market ends bullish run as investors lose N73bn

The Nigerian stock market reversed its winning streak on Thursday, June 11, 2026, closing the week on a negative note…

3 weeks ago

Inferno rocks DHL, FCMB offices in Kano

A major fire outbreak has reportedly engulfed parts of Kano metropolis, affecting buildings along Murtala Muhammad Way, including offices belonging…

3 weeks ago

Nigeria targets 209,000MW solar power capacity by 2050

Nigeria is pursuing an ambitious energy transition agenda, with plans to achieve 209,000 megawatts (MW) of electricity generation by 2050,…

3 weeks ago

Stock market investors gain N99bn amid buying interest

The Nigerian stock market closed on a positive note on Wednesday, with investors gaining N99 billion as buying interest persisted…

3 weeks ago

Access Holdings posts N1trn profit as shareholders’ funds hit N4.33trn

Access Holdings Plc has disclosed that its shareholders’ funds rose to N4.33 trillion in the 2025 financial year as the…

3 weeks ago

Standard Bank backs Dangote IPO listing, expansion plans

Africa's largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging…

3 weeks ago

Seplat appoints Okon CEO, Elumelu chairman

Seplat Energy Plc has appointed Effiong Okon as Chief Executive Officer, effective from August 1, 2026, while Tony Elumelu will…

3 weeks ago

Airtel, First HoldCo top gainers’ chart as stock market investors gain N835bn

The Nigerian stock market closed on a bullish note on Tuesday, June 9, 2026, recording a gain of N835 billion.…

3 weeks ago

SEDC gets less than 10% of N140bn budget

The South East Development Commission (SEDC) has disclosed that less than 10 per cent of its N140 billion allocation in…

3 weeks ago

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