Africa’s richest man, Aliko Dangote, has announced plans to list between five and ten per cent of the Dangote Petroleum Refinery on the Nigerian Exchange (NGX) within the next year, …
Capital MarketCorporate GovernanceEconomyEnergyOil & Gas
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Business
- African DevelopmentBusinessEconomyGovernanceINVESTMENTLeadership
Tony Elumelu Urges African Leaders to Create Stable Business Environment for Private Sector Growth
The Group Chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, has called on African policymakers to prioritise the creation of a stable and predictable business environment that …
- AgricultureBusinessDevelopmentEconomyINVESTMENTSustainability
WACOT Secures €1.26m Grant to Empower 3,500 Smallholder Sesame Farmers in Jigawa and Kebbi
WACOT Limited, a subsidiary of Tropical General Investments (TGI) Group, has received funding support worth about €1.26 million (approximately ₦2.25 billion) from DEG Impulse to empower 3,500 smallholder sesame farmers …
- BusinessEconomyGovernanceTax & RevenueTaxation
Ogun Revenue Chief Backs Tax Enforcement to Curb Non-Compliance and Boost State Income
The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Mr. Olugbenga Olaleye, has said that tax enforcement remains a crucial part of Nigeria’s tax system, especially in the …
- BankingBusinessEconomyEnergyForeign ExchangeNigeriaOil & Gas
Naira strengthens at official market as FX inflows fall 33%
The naira appreciated against the United States dollar in the official foreign exchange market on Monday, closing at ₦1,465.29 per dollar, even as Nigeria recorded a sharp 33 per cent …
- BusinessCapital MarketEconomyFinance & ServicesINVESTMENTNigeriaStock Market
Nigerian Stock Market Gains N611bn as Industrial Stocks Lift Investor Confidence
The Nigerian Exchange (NGX) opened the week on a strong note as investors recorded a combined gain of ₦611 billion, driven by renewed interest in industrial and mid-cap stocks, particularly …
- BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Challenges Marketers to Bring Trucks as Petrol Prices Hit N1,000/Litre
As petrol prices continued to rise across Nigeria over the weekend, the Dangote Petroleum Refinery has challenged marketers to bring their trucks for loading, insisting that it has more than …
Okomu Oil Palm Company Plc has recorded a strong financial performance for the nine months ended September 2025, posting a profit after tax of N60.33 billion, representing a 113 per …
- BusinessEconomyNigeriaPensionRegulation
Parthian Pensions Confident of Meeting PenCom’s Recapitalisation Deadline
Newly licensed Pension Fund Administrator, Parthian Pensions Limited, has expressed confidence that it will meet and even surpass the new minimum recapitalisation requirement set by the National Pension Commission (PenCom) …
- BusinessEconomyInnovationInsuranceTechnology
Curacel, Cornerstone Launch AI-Powered Remote Vehicle Inspection
Curacel, a leading African artificial intelligence (AI) platform for insurers, has launched an AI-powered remote vehicle inspection workflow with Cornerstone Insurance Plc to speed up policy issuance and claims assessment …