Nigeria’s Power Grid Suffers Fresh Collapse, Worsening Blackouts
Nigeria’s fragile national electricity grid suffered yet another collapse on Thursday afternoon, compounding the blackouts that have gripped homes and
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Author: Markets Reporters
‘What Would Dangote Do?’ Elumelu Hails Africa’s Richest Man in Time’s Most Influential People of 2026 List
Billionaire banker and philanthropist Tony Elumelu has hailed industrialist Aliko Dangote as “one of the greatest African entrepreneurs of our
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Iran War Breaks Nigeria’s 11-Month Disinflation Streak
Nigeria’s annual inflation rate rose to 15.38 percent in March from 15.06 percent in the previous month, ending an 11-month
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Gig Economy Boosts Living Standard for 64% of Workers in Nigeria — Bolt
Participation in Nigeria’s gig economy is improving the livelihoods of a majority of workers, with 64 percent reporting significant gains
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Airtel Africa is Latest Firm to Hit N10trn Valuation on Nigerian Bourse
Airtel Africa, the second-largest telecommunications company in Nigeria, saw its share price surge by the maximum daily limit of 10
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Nigeria Borrows N14.6trn in One Year, Pushing Total Debt to Over N159trn
Nigeria’s public debt stock jumped by more than 10 percent in 2025, new official data released on Wednesday shows. Figures
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World Bank Chief Meets Dangote After Controversial Report Raises Refinery Monopoly Concerns
World Bank President Ajay Banga met with Aliko Dangote, President and Chief Executive of Dangote Industries Limited, on Tuesday at
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Ecobank Nigeria Swings to $31m Loss as Bad Loans Surge
Ecobank Nigeria swung to a pre-tax loss of $31 million in 2025 from a profit before tax of $5 million
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Elumelu-Controlled Seplat Becomes First Listed Firm to Hit N10,000 Share Price
Seplat Energy, a major independent oil and gas company in Nigeria, has made history as the first listed firm on
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Guinness Nigeria’s Quarterly Profit Jumps 48% as Finance Costs Tumble
Guinness Nigeria has reported a profit after tax of N10.39 billion for the first quarter of this year, up from
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