The Federal High Court in Abuja has affirmed the powers of the Federal Competition and Consumer Protection Commission (FCCPC) to investigate consumer complaints relating to airline...
The Senate has endorsed the proposed $1 billion acquisition of Lafarge Africa Plc by Chinese investor Hainan Huaxin Pan-African Investment Company Plc, clearing a major hurdle...
The Nigerian stock market recorded a N962 billion gain for investors on Thursday, extending its bullish rally into its fifth consecutive trading session. The uptrend was...
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) and private sector experts have raised fresh concerns that political spending ahead of the 2027...
Nigeria has been placed on the 2027 watchlist for a potential return to Frontier Market status by S&P Dow Jones Indices (S&P DJI), a move that...
Nigeria’s stock market extended its bullish run on Wednesday, with investors adding N3.45 trillion in value as buying interest in large-cap stocks pushed the benchmark index...
ExxonMobil and its partners have committed $1 billion to the Usan Infill Project offshore Nigeria, a move expected to increase the country’s crude oil production by...
Nigerian fintech company eTranzact International Plc has proposed a final dividend of 12.5 kobo per ordinary share of 50 kobo for the financial year ended December...
International Breweries Plc has proposed a share capital reduction aimed at eliminating its accumulated losses of N191.03 billion and restoring its ability to pay dividends to...
Nigeria could record stronger oil revenues in 2026 as higher crude prices driven by the conflict in the Middle East improve earnings for oil-exporting countries, but...
Nigeria’s economy is projected to grow 4.1 per cent in 2026 and 4.3 per cent in 2027, the International Monetary Fund (IMF) said, crediting improved macroeconomic...
Investors in the Chapel Hill Denham Nigeria Infrastructure Debt Fund are set to receive N4.40 per unit for the quarter ended June 30, 2026, the latest...
Atlanta has held the world’s number one spot for years, but this month’s rankings show real movement beneath it, with one Chinese hub leaping six places...
Turkish Airlines has been knocked out of Africa’s top 10 airlines by seat capacity, replaced by a Nigerian carrier whose growth rate more than doubled that...
Nigeria has posted the fastest airline capacity growth of any major African market, with seat numbers climbing 44.5 per cent year-on-year to overtake more established rivals...
UTM Offshore has secured a 15-year gas supply agreement for its planned $3 billion Floating Liquefied Natural Gas (FLNG) project, marking a major milestone towards reaching...
Dangote Group has revealed plans to finance its proposed 700,000 barrels-per-day (bpd) oil refinery in Kenya through a combination of internally generated funds, bond issuances and...
