Ellah Lakes Plc, Nigeria’s leading integrated agro-industrial enterprise, has announced the launch of its N235 billion equity offer on the Nigerian Exchange Limited (NGX), marking a...
The bullish momentum at the Nigerian Exchange (NGX) came to a halt last week as investors embarked on widespread profit-taking, dragging the market’s key indicators into...
SNAPSHOT Active Voice Subscriptions: 173.54 million Teledensity: 80.05% Broadband Subscriptions: 106.97 million Broadband Penetration: 49.34% Internet Subscribers (GSM): 140.36 million Data Usage: 1.15 million terabytes Telecoms...
BUA Foods Plc’s flour and rice segments have emerged as star performers in the company’s unaudited nine-month 2025 results, collectively powering a 33% surge in total...
Unilever Nigeria Plc has nearly doubled its profit before tax to N21.98 billion for the nine months ended September 2025, compared with N11.01 billion in the...
The World Bank’s new Nigeria Development Update (NDU), released on October 8, 2025, paints a cautiously optimistic picture of Africa’s largest economy. Titled “From Policy to...
While the possibility of achieving a 70% broadband penetration target by the end of 2025 remains a debate, Nigeria certainly is making progress in its efforts...
Nigeria’s telecommunications backbone is under siege, with the Nigerian Communications Commission (NCC) revealing that the country suffered 19,384 fibre cuts between January and August 2025 alone....
12-Month Google AI Pro Plan Launched for Students in Nigeria, Kenya, Ghana, Rwanda, South Africa, and Zimbabwe to Build Foundational AI Skills
The Debt Management Office (DMO) has announced the commencement of subscriptions for the federal government of Nigeria (FGN) savings bonds for October. DMO announced in a...
The Nigerian capital market has witnessed a significant shift in trading dynamics through 2025, with liquidity levels swelling to N6.92 trillion as at August, compared to...
The Nigerian equities market extended its positive momentum this week, with sentiment remaining broadly bullish despite a decline in the number of deals and transaction value....
Sterling Bank has scrapped account maintenance fees on all personal accounts, unveiling the policy on Wednesday as a “gift” to Nigerians in celebration of the country’s...
The Nigerian equities market sustained its upward momentum last week, with bullish sentiment dominating trading despite cautious profit-taking and mixed investor reactions to the continued release...
Activity in the money market stayed firmly in positive territory at the end of week, with liquidity levels comfortably buoyant. Financial system liquidity opened the week...
The National Bureau of Statistics (NBS) has announced that Nigeria’s Gross Domestic Product (GDP) grew by 4.23% in the second quarter of 2025 (Q2’25), marking a...
The fourth edition of the Intra-African Trade Fair (IATF2025) has closed in Algiers, Algeria, with a record-breaking $48.3 billion worth of trade and investment deals sealed...
Wema Bank Plc has achieved a major regulatory milestone by surpassing the N200 billion minimum capital requirement for commercial banks with national authorisation, well ahead of...
Fundraising activity among African start-ups slowed in August, making it the second-quietest month of 2025 after March, according TheBigDeal, a platform tracking reported startup investments in...
The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso has is expecting monthly inflows from Nigerians abroad to reach $1 billion by 2026. Cardoso...