Fola Adeola, the Nigerian businessman and banking executive who co-founded GTBank, has seen the market value of his investment in Aradel Holdings Plc fall sharply in...
The World Bank has said Nigeria’s biggest fiscal challenge is weak revenue mobilisation rather than excessive borrowing, urging the government to prioritise efforts to boost revenue...
The Nigeria Customs Service (NCS) generated N3.35 trillion in revenue between January and May 2026, driven by stronger trade facilitation, improved customs processing and intensified border...
Nearly five years after Nigeria conducted one of Africa’s biggest 5G spectrum auctions, the country’s next-generation mobile revolution remains concentrated in a handful of cities, leaving...
South African investors have channelled $983.83m into Nigeria in the first quarter of 2026 despite recurring xenophobic attacks against Nigerians and other African migrants in the...
…reduces PMS by N200 per litre in one month, says refinery absorbed global oil price surge Dangote Petroleum Refinery & Petrochemicals has announced another reduction in...
Honeywell Group Limited, a company owned by Oba Otudeko, a Nigerian business mogul, has acquired a 14.12 percent stake in Ikeja Hotel Plc. In a statement...
Dangote Cement Plc has announced a 50 per cent increase in dividend payout to shareholders, raising the dividend from N30 per share to N45 per share,...
Global crude oil prices have declined to the $70 per barrel mark, raising fresh expectations among Nigerians that domestic petrol prices could soon be reviewed downward....
Sycamore, a financial technology (fintech) company, says its operations remain fully active after the Central Bank of Nigeria (CBN) revoked the licence of a microfinance bank...