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Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely...
Nigeria’s oil earnings have recorded an estimated windfall of about N5.13tn in two months, as crude prices surged sharply following tensions linked to the United States–Iran...
For millions of Nigerian bank customers, a simple change of phone number may soon become a lifelong decision. Under a new Central Bank of Nigeria (CBN)...
Nigeria’s Eurobond market extended its bullish momentum this week, with average yields declining by six basis points to 6.89 percent from 6.96 percent, as renewed investor...
Africa’s capital markets are approaching a defining moment as Aliko Dangote prepares to list a stake in his oil refinery—an offering that could rank among the...
Tunde Alabi, a fuel attendant in Lagos, earns the national minimum wage of N70,000 ($44) a month — an income that barely lasts two weeks. By...
…Set to Reward Hundreds of Customers, Launch 5 for 5 Season 5 Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s...
The rise in cost of food items has forced many families to adopt dire survival strategies, including reducing protein intake, switching to cheaper substitutes, and limiting...
Abdul Samad Rabiu added N2.7 trillion ($1.95 billion) to his fortune in 4 trading days as BUA Cement shares surged 24.8% between Monday April 27 and...
South Sudan has declined to renew Oranto Petroleum’s exploration licence for Block B3, citing the Nigerian company’s failure to conduct seismic surveys, drill as committed or...