Business

Dangote Petroleum Refinery has been valued at $39.1 billion following a private placement exercise conducted ahead of its planned listing...

Africa’s richest man, Aliko Dangote, has revealed that Kenya is emerging as his preferred location for a proposed 650,000-barrel-per-day oil...

Nigeria’s currency, the naira, recorded its first-ever appreciation in the month of April since the introduction of the NAFEX (Nigerian...

A United States jury has found Elon Musk liable for misleading investors during his $44 billion acquisition of Twitter, though...

The Dangote Refinery has increased its ex-depot price of petrol to ₦1,175 per litre, reversing an earlier ₦100 reduction announced...

The Central Bank of Nigeria (CBN) has directed banks across the country to restrict certain banking services for borrowers with...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has suspended the issuance of new petrol import licences, citing improved...

The total market value of Nigerian banks has risen above N30 trillion following fresh capital injections by both existing and...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that Nigeria’s net foreign exchange reserves rose...

Nigerian banks have raised a total of N4.05tn in verified and approved capital ahead of the March 31, 2026 recapitalisation...