The Dangote Group is pursuing a long-term strategy aimed at keeping more value within Nigeria by expanding domestic manufacturing and increasing exports of processed and refined products. The approach forms …
Nigeria has recorded substantial growth in broadband access over the past several years, but the country did not meet its target of achieving 70 percent broadband penetration by the end …
- EconomyInsuranceNigerian Economy
Nigeria’s Insurers prepare For New Risk-based Capital rules after N1.08tn Recapitalization
Nigeria’s insurance industry is entering a new phase of regulatory reform after insurers raised more than N1.08 trillion in fresh capital during a 12-month recapitalisation exercise. The next major step …
The 10th National Assembly is set to resume from its extended recess on September 29, with concerns growing that preparations for the 2027 elections could affect the progress of pending …
- BusinessBusiness & MarketsBusiness and EconomyBusiness and InvestmentBusiness GrowthOil & Gas
Dangote Refinery IPO Offers Investors long-term value, Devakumar says
Edwin Devakumar, Vice President, Oil and Gas at Dangote Industries Limited, has described the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery as an opportunity for investors to participate …
Nigeria’s Monetary Policy Committee (MPC) is meeting this week with a difficult decision before it: whether to cut interest rates following three consecutive months of slower inflation or maintain the …
Nigeria’s three-year economic reform programme is entering a crucial stage as the government focuses on ensuring that the gains achieved through major policy changes can be sustained and used to …
A $500,000 transfer made to Jennifer Douglas, the former wife of ex-Vice-President Atiku Abubakar, occurred months before Sunrise Power and Transmission Company was purportedly awarded a contract for the Mambilla …
Warren Buffett has stepped down as chairman of Berkshire Hathaway, ending more than six decades of leadership at the company he transformed into a global business empire. The 96-year-old investor …
- BusinessGOVERNMENTInformation Technology
FG Launches Digital Invoicing Committee to Unlock Business Funding
The Federal Government has inaugurated the Steering Committee for the National Digital Invoicing and Financial Optimisation Strategy (NDIFS), aimed at improving access to working capital for businesses. Minister of Industry, …