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Thursday, April 23, 2026
Latest:
  • DP World Pledges Fresh $500,000 to Expand Eye Hospital in Nigeria
  • AB InBev’s Nigerian Unit International Breweries Posts First Profit in Eight Years 
  • Dangote Sugar Shareholders Okay N500bn Rights Issue, Share Capital Increase  
  • Stanbic IBTC’s Fintech Posts Wider Loss of N2.74bn Despite Fresh Capital
  • Nigerian Stock Exchange Adds Two Hours to Daily Trading Window
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Economics FEATURED Latest TOP STORIES 

Nigerian drugmakers’ fortunes improve on forex stability, waivers 

February 17, 2025February 17, 2025 Markets Reporters 0 Comments Drugmakers in Nigeria

By Mary Adenike Some major Nigerian pharmaceutical companies reported an improvement in their financial performance for 2024 largely due to

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Economics FEATURED Latest TOP STORIES 

Dangote poised to double capacity of Ethiopian cement plant 

February 16, 2025February 16, 2025 Markets Reporters 0 Comments Dangote Ethiopia cement plant, Dangote Group, Ethiopian Investment Holdings

Dangote Group is on track to double the production capacity of its cement plant in Ethiopia to 5 million tonnes

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Energy FEATURED Latest TOP STORIES 

Bulk of petrol at our Lagos stations sourced from Dangote refinery — NNPC

February 15, 2025February 15, 2025 Markets Reporters 0 Comments Dangote refinery, NNPC

The Nigerian National Petroleum Company (NNPC) has said a significant percentage of the petrol sold at its retail stations in

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FEATURED Latest Stocks TOP STORIES 

Nigerian Breweries’ annual loss widens to N144.88bn

February 14, 2025February 14, 2025 Markets Reporters 0 Comments Nigerian Breweries

Nigerian Breweries saw its loss after tax widen to N144.88 billion last year from N106.31 billion in 2023. Its revenue

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FEATURED Latest Stocks TOP STORIES 

Dangote Cement regains crown as most valuable company

February 14, 2025February 14, 2025 Markets Reporters 0 Comments Dangote Cement, most valuable company

Dangote Cement reclaimed its position as the most valuable company on the Nigerian Exchange Limited (NGX) on Friday, one month

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Economics FEATURED Latest TOP STORIES 

IMF sees Nigeria’s per capita income hitting three-year high in 2026

February 12, 2025February 12, 2025 Markets Reporters 0 Comments IMF, per capita income

By Mary Adenike Nigeria’s average income is projected to rise to the highest in three years in 2026, a situation

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Economics FEATURED Latest TOP STORIES 

Number of Nigerians securing Canadian PR rises 17% ahead of immigration cuts

February 11, 2025February 11, 2025 Markets Reporters 0 Comments Canadian PR, Nigerians in Canada

By Mary Adenike The number of Nigerians who became immigrants in Canada rose by 16.6 percent last year as the

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Energy FEATURED Latest TOP STORIES 

Shell says deepwater a compelling consideration for Nigeria

February 11, 2025February 11, 2025 Markets Reporters 0 Comments Roland Adams, SNEPCo

Nigeria can meet oil production targets and implement ambitious development programmes from deep-water oil and gas operations if it continues with policies to encourage investments and boost output in the sector,

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Energy FEATURED Latest TOP STORIES 

[BREAKING] Dangote refinery cuts diesel price to N1,020

February 11, 2025February 11, 2025 Markets Reporters 0 Comments Dangote diesel, Dangote refinery

Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre from N1,075 per

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FEATURED Latest Money TOP STORIES 

CBN postpones first MPC meeting of the year for second time

February 10, 2025February 10, 2025 Markets Reporters 0 Comments CBN MPC meeting, GDP rebasing

By Mary Adenike The Central Bank of Nigeria has rescheduled its first Monetary Policy Committee (MPC) meeting of the year for

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