Kenya Power has reported a significant uptick in profit for the half-year to December 31, 2025, as the utility continues to juggle rising operational costs and public expectations for affordable …
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Real Estate: Novarick, Kolanut Africa partner on buyer protection scheme Tribune Online
Unilever Nigeria Plc has reported a 99 per cent jump in profit after tax to N30.7 billion for the financial year ended December 31, 2025, buoyed by strong revenue growth, …
Nigeria lost an estimated $77.7 billion to trade-related illicit financial flows (IFFs) between 2013 and 2022, according to a new report released by Global Financial Integrity (GFI), a United States-based …
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91% of Nigerian CEOs Optimistic Economy Will Improve in 2026 — PwC Survey
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 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 …