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  • 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
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Energy FEATURED Latest TOP STORIES 

NNPC says no separate recruitment for Port Harcourt refinery

January 17, 2025January 17, 2025 Markets Reporters 0 Comments NNPC recruitment, Port Harcourt Refinery

The Nigerian National Petroleum Company Limited (NNPC Ltd) has urged members of the public to discountenance purported recruitment announcement for

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Economics FEATURED Latest TOP STORIES 

Enko Capital-Oronte consortium agrees to buy Société Générale Mauritanie

January 17, 2025 Markets Reporters 0 Comments Enko Capital-Oronte, Société Générale Mauritanie

The Enko Capital-Oronte consortium, a key player in African finance, has announced the signing of an agreement to acquire Société

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FEATURED Latest Technology TOP STORIES 

MTN Nigeria raises fresh N42.2bn through commercial paper

January 17, 2025January 17, 2025 Markets Reporters 0 Comments MTN Nigeria, MTN Nigeria CP issuance

MTN Nigeria Communications Plc has announced the successful completion of its Series 15 and 16 Commercial Paper issuance under its

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Economics FEATURED Latest TOP STORIES 

World Bank lifts growth forecast for Nigeria, sub-Saharan African peers 

January 17, 2025January 17, 2025 Markets Reporters 0 Comments Global Economic Prospects report, Sub-Saharan Africa, World Bank

By Mary Adenike  The sub-Saharan Africa region is expected to grow to 4.1 percent in 2025 from 2.9 percent last

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Economics FEATURED Latest TOP STORIES 

Inflation uptick may push CBN to deliver one last rate hike: Capital Economics

January 17, 2025January 17, 2025 Markets Reporters 0 Comments CBN rate hike, Inflation in Nigeria

The further rise in Nigeria’s headline inflation rate, to 34.8% year-on-year in December, raises the risk that the central bank

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FEATURED Latest Stocks TOP STORIES 

Aradel shares tumble after report of GTBank co-founder’s N10.9bn sale

January 16, 2025January 17, 2025 Markets Reporters 0 Comments Aradel shares, GTBank co-founder Fola Adeola

Aradel Holdings saw its shares plunge for the first time in more than two weeks on Thursday, a day after

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Economics FEATURED Latest TOP STORIES 

[BREAKING] Governors, Tinubu’s tax reform committee agree on VAT sharing formula

January 16, 2025January 16, 2025 Markets Reporters 0 Comments Nigeria Governors Forum, Presidential Tax Reform Committee, VAT sharing formula

The Nigeria Governors’ Forum (NGF) and the Presidential Tax Reform Committee have agreed on a sharing formula for value added

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FEATURED Latest Thinkpiece TOP STORIES 

[OPINION] Killing creativity kills business

January 16, 2025January 16, 2025 Markets Reporters 0 Comments Creativity, International Creativity Month

By Harvey Mackay I like to say that you should start every day with a healthy dose of vitamin C

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Energy FEATURED Latest TOP STORIES 

Eterna taps ex-Ardova boss as CEO as Abiola Lawal steps aside

January 16, 2025January 16, 2025 Markets Reporters 0 Comments Abiola Lawal, Eterna new CEO, Olumide Adeosun

Eterna Plc, a major oil marketing company in Nigeria, has appointed Olumide Adeosun as managing director/chief executive officer, effective February

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Economics FEATURED Latest TOP STORIES 

Nigeria’s food inflation drops for first time in four months ahead of rebasing

January 16, 2025January 17, 2025 Markets Reporters 0 Comments CPI rebasing, Food inflation in Nigeria, Nigeria CPI rebasing

By Mary Adenike Nigeria’s annual food inflation rate dropped for the first time since August 2024 ahead of the rebasing

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