Aliko Dangote has hired India’s state-owned Engineers India Ltd. (EIL) to provide engineering and project-management services for a planned $16 billion refinery and petrochemical complex in Kenya. The refinery, which …
Business Growth
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- 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 …
- BusinessBusiness and EconomyBusiness Growth
Japan Raises Interest Rates to 31-Year High as Deflation Era Fades
Japan has taken another major step away from decades of ultra-low interest rates, with the Bank of Japan (BOJ) raising its policy rate to 1.25 percent, its highest level in …
- BusinessBusiness & MarketsBusiness and EconomyBusiness Growth
Nigeria’s Inflation Rate Falls to 15.39% Amid Slower Monthly Price Growth
Nigeria’s headline inflation rate eased to 15.39 percent in August 2026, reflecting a continued slowdown in the pace of price increases across the economy. The latest figures indicate a modest …
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Tinubu Assures Investors Nigeria Is Open for Business, Pledges Better Business Environment
President Bola Tinubu has assured local and international investors that Nigeria remains open for business, saying his administration is working to create a more predictable, competitive and investment-friendly environment. Use …
- BusinessBusiness and EconomyBusiness Growth
Dangote Urges Africa To Be Bold, Drive Change And Build Prosperity
President and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has urged Nigeria and other African countries to embrace bold initiatives capable of driving economic transformation and creating greater …
- BusinessBusiness and EconomyBusiness GrowthBusiness UpdatesUncategorized
Nigeria’s FMCG Giants Boost Profit by 35% Despite Weak Revenue Growth
Nigeria’s leading fast-moving consumer goods (FMCG) manufacturers recorded a strong improvement in profitability during the first half of 2026, despite almost no growth in combined revenue. The 10 largest quoted …
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Cornerstone Insurance Gets A- Rating from Agusto
Lagos, Nigeria – Cornerstone Insurance Plc has been assigned a national scale financial strength rating of “A-” (A minus) with a Stable Outlook by Agusto & Co. Limited, Nigeria’s leading …
- AgricultureBusiness GrowthEconomic PolicyEconomyIndustrial DevelopmentManufacturingSMEs
Can Localization Drive Nigeria’s Industrial Resilience?
Across Lagos, Kano, and Port Harcourt, the chatter in factories, workshops, and tech hubs carries a common question—can Nigeria truly rely on local production to withstand global shocks? The past …
- AgricultureBusiness GrowthDigital EconomyFintechHealthINVESTMENTNigeriaStartupsTechnology
What Drives Revenue Booms In Nigeria’s Tech Ecosystem?
Lagos, Abuja, and Yaba are buzzing with a new kind of energy. The streets may still be congested and the power supply unpredictable, but across offices, co-working spaces, and even …