Chairman of the Dangote Group, Aliko Dangote, has said the Dangote Petroleum Refinery and Petrochemicals is expected to become the world’s largest refinery by 2028. Dangote...
Nigeria’s external reserves have climbed to $54.08 billion, reaching their highest level in almost 18 years and moving further above the Central Bank of Nigeria’s (CBN)...
The Securities and Exchange Commission (SEC) has approved the application for a N2.15 trillion initial public offering (IPO) by Dangote Petroleum Refinery and Petrochemicals FZE. The...
The World Bank Group has announced plans to support reforms to Nigeria’s electricity tariff and subsidy systems as part of efforts to improve the financial sustainability...
Uber, the global ride-hailing company, has announced plans to end its operations in Nigeria after 12 years in the country. The company disclosed the decision in...
Nigeria’s economy grew by 4.43 per cent in real terms in the second quarter of 2026, according to the National Bureau of Statistics (NBS). The latest...
Global index provider FTSE Russell has reclassified Nigeria’s capital market from “Unclassified” to “Frontier Market” status. The new classification will take effect from the opening of...
Nigeria’s external reserves have risen to $53.11 billion, reaching their highest level in more than 17 years and moving closer to the record level recorded in...
Investors are showing stronger interest in longer-term government securities as demand for Nigeria’s one-year Treasury Bills (T-bills) surged at the latest Central Bank of Nigeria (CBN)...
United Bank for Africa Plc (UBA) has welcomed Emmanuel Nnorom as its new Group Chairman, following his assumption of office after the retirement of Tony Elumelu....