The Nigerian Electricity Regulatory Commission(NERC) has commenced the transfer of regulatory oversight of the electricity market in Akwa Ibom State from the federal regulator to the...
Nigeria’s deep offshore oil production could receive a significant boost from the $10bn Bonga South project and eight other developments with approved Field Development Plans, the...
Nigeria’s economic reforms have generated N20.40trn in incremental Federal Government resources, but the fiscal pressures associated with the reforms have risen to N30.64trn. The figures were...
The Federal Government spent N9.39tn on wage adjustments, minimum wage increases and other allowances for public workers between June 2023 and December 2025, the Minister of...
The Dangote Petroleum Refinery & Petrochemicals has secured $1bn in underwriting support ahead of its planned Initial Public Offering (IPO), strengthening preparations for a potential market...
May & Baker Nigeria Plc has warned members of the public against a fraudulent investment scheme circulating online under the name “M&B Equity Stake”. The company...
The Bank of Agriculture (BOA) is deploying N250bn facility to provide single-digit financing to smallholder farmers as it expands its support for agricultural production and food...
The Bank of Industry (BOI) has announced that its maiden N250 billion domestic bond was oversubscribed within five working days, following strong demand from institutional investors....
Geregu Power Plc has appointed Engr. Mohammed Sani Jaoji as its acting Chief Executive Officer following the end of Sean Manley’s tenure as interim CEO. The...
Nigeria’s headline inflation rate slowed to 15.43 per cent in July from 15.91 per cent in June, but the latest Consumer Price Index data point to...
The Securities and Exchange Commission has directed capital market operators to restrict dealings with financial institutions in North Korea and Iran over money laundering and terrorism...
IHS Towers’ Nigeria delivered a 14.5 per cent increase in reported revenue in the second quarter of 2026, but the headline growth conceals a weaker underlying...
Legend Internet Plc recorded a N99.34 million loss in the six months ended January 2026, reversing a N239.85 million profit recorded in the corresponding period of...
Dangote Sugar Refinery Plc’s N485.88 billion rights issue attracted N498.57 billion in valid applications, representing a 102.6 per cent subscription, according to the company’s August 13...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has described the Federal Government’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order,...
Seplat Energy Plc has set N1,360.58/$ as the exchange rate for determining the naira equivalent of its second-quarter 2026 interim and special dividends payable to shareholders...
Briclinks Africa Plc’s profit before tax rose 22.2 per cent to N17.52m in the second quarter of 2026, from N14.34m in the preceding quarter, according to...
