A new survey by PwC Nigeria has revealed rising confidence among business leaders, with 91 per cent of Chief Executive Officers (CEOs) expressing optimism that Nigeria’s economy will improve in …
AfricaAFRICA NEWSBusiness Policies
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
Shell Begins Turnaround Maintenance on Bonga FPSO, Output to Be Impacted
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has commenced a major turnaround maintenance programme on the Bonga Floating Production Storage and Offloading (FPSO) vessel, a development expected to temporarily …
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
NNPC Raises Petrol Price Again, Now N53 Above Dangote Partners’ Rate
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has again increased the pump price of Premium Motor Spirit (PMS), marking the second adjustment within 48 hours and deepening concerns over …
- AfricaAFRICA NEWSEnergyEnergy SectorOil & Gas
Manufacturers’ energy, raw materials cost surges 21% to N1.01tn
Eight major manufacturing companies in Nigeria spent a combined N1.01 trillion on energy and raw materials in the nine months ended September 30, 2025, representing a 21.1 per cent increase …
The Federal Airports Authority of Nigeria, FAAN, will begin the implementation of new air cargo tariffs from February 2, 2026, bringing to an end almost 20 years without an upward …
By a strategic boardroom move seen as strengthening investor confidence, Africa’s foremost industrialist, Aliko Dangote, has appointed Zimbabwean business leader and MTN Group President/CEO, Ralph Mupita, to the board of …
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PIDG exits InfraCredit Nigeria signalling market confidence in domestic credit enhancement
The Private Infrastructure Development Group (PIDG), through its project development arm, InfraCo, has exited its $26 million preference share investment in InfraCredit Nigeria, posting a strong return despite a tough …
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BUA Foods reports N534.8 billion profit in 2025, revenue hits N1.8 trillion
BUA Foods Plc has posted a pre-tax profit of N534.8 billion for the 2025 financial year, almost double the N284.3 billion recorded in 2024, according to its audited results filed …
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Moniepoint processes N412trn Transactions, Deepens Grip on Retail Payments
Nigerian fintech giant, Moniepoint, has processed transactions valued at N412 trillion in 2025, further cementing its dominance in the country’s retail payments space. The company also disclosed that it disbursed …
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Dr. Ayoola Oduntan Donates 2,000 Capacity Model Broiler Poultry Pen Complex to Ahmadu Bello University, Zaria
In a significant contribution to veterinary education, youth empowerment, and sustainable livestock development in Nigeria, Dr. Ayoola Oduntan, Group Managing Director of Amo Group, a leading agribusiness and integrated animal …