S&P Global to Buy Majority Stake in Nigeria’s Agusto & Co in African Ratings Push
The deal combines S&P Global Ratings’ international capabilities with Agusto & Co.’s local expertise across Nigeria, Kenya, Rwanda and Ghana.
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Trump’s New Tariff Unlikely to Hit Nigeria Hard, Says CPPE
Nigeria is unlikely to suffer significant economic damage from the latest United States tariff measures because more than 80 percent
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FirstHoldCo Tops N5trn Valuation as Billionaire Otedola Bumps Up Stake
First HoldCo Plc, the parent company of Nigeria’s oldest bank, crossed the N5 trillion market capitalisation mark after chairman Femi
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Moniepoint Says 75% of MSME Borrowers Were First-Time Formal Credit Users
*Fintech disbursed $700m loans in 2025 Three out of every four Micro, Small and Medium-sized Enterprises (MSMEs) that borrowed from
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AFC, Afreximbank-Backed Vehicle Join Dangote Refinery’s $2.5bn Placement with Offer Oversubscribed 3.7 Times
Dangote Petroleum Refinery and Petrochemicals FZE has completed a landmark private equity placement, raising approximately $2.5 billion to finance its
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Dangote Refinery Resumes Naira-Denominated Fuel Sales, Raises Prices
The Dangote Petroleum Refinery and Petrochemicals has announced revised prices for Premium Motor Spirit (PMS), signalling a return to naira-denominated
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Sahara Group Challenges Africa to Rethink Energy, Investment and Journalism
At Asharami Square 3.0, Sahara Group and industry leaders identified weak governance, poorly prepared projects and inadequate accountability as major
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Nigeria Courts Investors for Second Power Bond Issuance After ₦63.5bn Coupon Payment
The Federal Government has begun courting investors for the second series of its power-sector bond programme after paying a ₦63.5
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Ex-Shell Nigeria Chief, Three Others Join Renaissance Board
Renaissance Africa Energy Company Limited has appointed former Shell Nigeria chief Osagie Okunbor and three other industry leaders to its
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Nigeria’s Oldest Bank Becomes Most Valuable Lender as Shares Soar
First HoldCo Plc, parent of Nigeria’s oldest banking lender, has become the country’s most valuable listed lender after overtaking Guaranty
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