Dangote Petroleum Refinery and Petrochemicals FZE has raised $2.5 billion through what it described as Africa’s largest publicly disclosed primary equity placement, marking a milestone in...
The Federal Government has paid N333 billion to electricity generation companies (GenCos) under the first phase of its power sector debt financing programme, as it moves...
CBN Retains Interest Rate at 26.5 per cent as the Central Bank of Nigeria (CBN) opted to maintain its tight monetary policy stance amid rising geopolitical...
Unilever Nigeria Plc has declared an interim dividend of N2.00 per ordinary share for the six months ended June 30, 2026, after posting stronger earnings supported...
Nigeria’s debt rise not due to N80tn new loans, the Federal Government told the Senate on Monday, arguing that much of the increase in the country’s...
The Federal Government has disclosed that 13 of the 50 oil and gas blocks offered under the 2025 Licensing Round will be returned to the licensing...
BUA Foods Plc has unveiled a major expansion programme aimed at increasing local food production, broadening its product portfolio and strengthening its position in Nigeria’s food...
The Coronation Infrastructure Fund earned N2.08 billion in interest income in the first half of 2026, according to its unaudited financial statements for the period ended...
By FBNQuest Research According to the communiqué released by the Federation Account Allocation Committee (FAAC), total revenue distributed among the three tiers of government stood at...
President Bola Tinubu has signed an Executive Order establishing a coordinated regulatory framework for cryptocurrencies and other virtual assets. The Order is bringing the Central Bank...
President Bola Tinubu has unveiled $3.05bn World Bank Programmes, signalling a major push to convert the gains of recent economic reforms into improved livelihoods, stronger social...
Global air travel reached a new milestone in 2025, with airlines carrying a record 4.9 billion passengers, as international demand, premium travel and airline capacity continued...
Nigeria’s downstream petroleum market entered a new phase on Sunday after the Dangote Refinery adopted US dollar-denominated pricing for its petroleum products, a move expected to...
Nigeria’s headline inflation rate eased marginally to 15.91 per cent in June 2026 from 15.93 per cent in May, extending the country’s disinflation trend but highlighting...
President Bola Tinubu says the economic reforms introduced by his administration are beginning to work despite the challenges faced by many Nigerians, arguing that the policies...
The Federal Government has approved a special production-linked tax credit for Shell Plc’s Bonga Southwest Aparo deepwater oil project, a move expected to unlock about $20bn...
Ecobank Transnational Incorporated (ETI) has marked a milestone in African sustainable finance with the listing of its $450 million Sustainable Agriculture and Natural Capital Bond on...
Nigeria oil production climbed to a six-year high in June 2026, exceeding the country’s Organisation of the Petroleum Exporting Countries (OPEC) quota for the fourth consecutive...
The Nigerian stock market staged a sharp rebound last week, handing investors a gain of N9.342 trillion just seven days after a selloff had wiped over...
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...
