Conoil Slashes Dividend as Profit Plunges 75% on Dangote Price War
Conoil Plc, a Nigerian fuel marketing company, has announced a drastic cut to its shareholder payouts for 2025 following a
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Dangote Wants to Build Nigeria’s Biggest Free Zone in Ondo
Aliko Dangote, President of Dangote Group, has reaffirmed plans to develop what he described as Nigeria’s biggest industrial and free
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Elumelu’s United Capital Buys Stake in Parent of Nigerian Stock Exchange
United Capital Group, a pan-African investment banking and financial services group, has completed the acquisition of a 5% equity stake
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AFC Commits $600m to Dangote in Drive to Build World’s Largest Fertiliser Platform
Africa Finance Corporation (AFC) has approved a $600 million facility to support a $7 billion fertiliser expansion programme by Dangote
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NGX Woos Middle East Investors for Dangote Refinery IPO During Abu Dhabi Visit
In a strategic move to deepen international financial ties and attract foreign investment, the group chairman of the Nigerian Exchange
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Full Text of Tinubu’s Democracy Day Speech to Nigerians
Below is the text of President Bola Ahmed Tinubu’s Democracy Day address today. Fellow Nigerians Today, we celebrate democracy and
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With Seplat Chair Role, Elumelu Poised to Lead Four Trillion-Naira Firms
Tony Elumelu’s appointment as chairman of Seplat Energy effective January 2027 is set to deepen his influence across Nigeria’s corporate
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[BREAKING] Nigeria’s Power Grid Collapses Again
Nigeria’s national electricity grid collapsed again on Friday for the first time this month. The latest system collapse, confirmed in
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Nigeria’s Top Gas Exporter Orders Three LNG Carriers From Chinese Shipbuilders
Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has awarded contracts for the construction of three
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Nigeria’s Refining Sector Posts Biggest Growth as Dangote Ramps Up Output
Nigeria’s oil refining sector expanded by 37.46 percent in the first quarter of 2026, the strongest growth recorded by any
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