Chinese-Controlled Lafarge Africa Soars as Revenue Tops N1trn for First Time
Lafarge Africa Plc, the Lagos-listed cement producer now majority-owned by China’s Huaxin Building Materials Group Co., Ltd, saw its share
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MTN Nigeria Rebounds With Record N1.1trn Profit, Ending Two-Year Loss Streak
MTN Nigeria Communications Plc has reported a dramatic turnaround in its 2025 financial year, swinging to a profit after tax
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Post-Acquisition Boom: Seplat Clears $326m ExxonMobil Balance as Revenue Soars 144%
Seplat Energy Plc has confirmed the payment of an additional $326.2 million to ExxonMobil in 2025, finalising the financial obligations
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Seplat Revives 49 Former ExxonMobil Wells, Eyes 50 More in 2026
Seplat Energy Plc has restored 49 idle oil wells one year after completing its landmark acquisition of Mobil Producing Nigeria
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[BREAKING] Tinubu Extends Shea Nut Export Ban by 12 Months
President Bola Tinubu has approved the extension of the ban on the export of raw shea nuts for a further
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CBN’s Latest Rate Cut Sets Stage for Post-Recapitalisation Bank Lending, Analysts Say
Nigeria’s latest benchmark rate cut is a calibrated move to support bank recapitalisation without undermining gains in inflation control, naira
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Pre-election Spending Can Destabilise Forex Market: CBN Gov
Nigeria’s gross foreign exchange reserves have climbed to $50.4 billion, the highest level in 13 years, but central bank governor
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Nigerian Banks Raise N4.05trn as Recapitalisation Deadline Nears
Nigerian banks have raised a total of N4.05 trillion in new capital ahead of the Central Bank of Nigeria’s (CBN)
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Nigeria’s Forex Reserves Top $50bn, Highest in 13 Years
Nigeria’s gross foreign exchange reserves have hit $50.4 billion, the highest point in 13 years, the governor of the central
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Critics of Tinubu’s Executive Order on Oil Revenues Can Go to Court, Says Budget Office Boss
Tanimu Yakubu, director-general of the Budget Office of the Federation, has said those disputing the constitutional validity of President Bola
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