Dangote Cement Plc has announced plans to invest $400 million in expanding its Mugher cement plant in Ethiopia to strengthen industrial capacity in Africa’s cement market....
President Bola Tinubu has approved the appointment of Dr. Saviour Enyiekere as the Chairman of the National Assembly Service Commission (NASC). The appointment comes as part...
Nigeria’s treasury bill (T-bill) market saw a significant shift on Wednesday as yields on the one-year instrument dropped to 22.58% from 25.49%, the lowest level in...
Nigerian vehicle importers may soon face higher costs as the United States prepares to impose a 25% tariff on imported automobiles. US President Donald Trump announced...
Microsoft has announced a $1 million (N1.6 billion) investment in Nigeria over the next two years to support the adoption and advancement of artificial intelligence (AI)...
Nigeria’s power sector has recorded a new peak generation of 5,543.20 megawatts (MW), the highest electricity output for 2025, the Transmission Company of Nigeria (TCN) announced...
Nigeria may face a potential tanker shortage following the Federal Government’s decision to ban petroleum trucks with 60,000- and 45,000-litre capacity to curb rising tanker accidents...
Oil prices edged lower on Thursday as a larger-than-expected build in U.S. crude stockpiles dampened market sentiment. Brent crude oil, against which Nigerian oil is priced,...
Billionaire industrialist Aliko Dangote has seen his net worth nearly double to $23.9 billion following the completion of his refinery, according to Forbes’ latest assessment. The...
Former U.S. President Donald Trump is set to take the stage in Miami Beach on Wednesday at an exclusive investment summit hosted by Saudi Arabia’s Public...