South African billionaire Patrice Motsepe has stepped down as executive chairman of African Rainbow Minerals (ARM), but will remain on the miner’s board. Motsepe has retired...
Nigeria’s headline inflation figure dropped to 15.10 percent in the month of January, according to the National Bureau of Statistics (NBS). The Bureau, in its monthly...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote refinery supplied about 61.78 percent of the country’s petrol in January 2026. The NMDPRA...
Nigeria’s capital importation surged to $6.01bn in the third quarter of 2025, representing a 380.16 per cent increase compared to $1.25bn recorded in the corresponding period...
Billionaire Businessman and philanthropist, Femi Otedola has praised fellow billionaire and chairman of Dangote Group, Aliko Dangote over the expansion of the Dangote Refinery. In a...
Bank recapitalisation activity remained relatively sober this week as banks continue preparations ahead of the March 31, 2026, regulatory deadline. Market attention is currently focused on...
The Federal Government has intensified plans to scale up the development of Micro, Small, and Medium Enterprises in 2026, following the disbursement of $200m to small...
Capital Gains Tax collections rose sharply to N522bn in 2025, representing an 869 per cent performance against target and underscoring the impact of asset divestments by...
The latest figures indicate that the country once again failed to meet its 1.5 million barrels per day production quota set by the Organisation of the...
Adewole Adebayo, the 2023 presidential candidate of the Social Democratic Party (SDP), has dismissed claims that President Bola Tinubu’s foreign engagements have secured $50 billion in...