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The Central Bank of Nigeria has cancelled the planned N700bn treasury bills auction for 5 August 2026, following a sharp...
Nigeria’s tax collections have surged by 113 per cent in less than three years, rising from N12.3tn in 2023 to N27.1tn as of July 2026, the...
During flash floods in Lagos last month the water crept up to car doors and poured into homes, disrupting life in Nigeria’s commercial capital for days....
Twenty-five years ago, owning a mobile phone in Nigeria was still a luxury. Making a call could mean joining a queue at a public telephone centre,...
Geregu Power Plc has defaulted on its N40.09 billion Series 1 Senior Unsecured Bond, missing both its eighth semi-annual coupon obligation and its scheduled fourth principal...
Femi Otedola’s holding in First HoldCo Plc is worth about $1.227 billion (N1.674 trillion) after the shares reached a record N140 on the Nigerian Exchange on...
RC Investment Management began selling 10,433,909,058 First HoldCo shares on the Nigerian Exchange this week at an indicative ₦110 apiece, about eight cents. It bought them...
The Central Bank of Nigeria’s (CBN) foreign exchange reforms are beginning to deliver tangible benefits to consumers, as banks expand international spending limits on naira cards...
Globacom marks 23 years of operation this month. Mike Adenuga owns all of it. No Nigerian mobile operator of comparable scale has stayed in single ownership....
Former commercial motorcyclists, factory workers, teachers and traders are embracing mechanised rice farming. Unlike in the past when northerners returned en masse to the northern part...