Building the systems that turn potential into prosperity. Part II: The Doorway Is Visibility One of Africa’s greatest economic paradoxes...
The cost of transporting oil through the Strait of Hormuz has surged to as much as $20 million per voyage...
Dangote Industries’ plan to invest about $40 billion in energy projects over five years is confronting a major test over...
Dangote Petroleum Refinery expects the global shortage of petrol, diesel and other refined fuels to persist beyond the end of...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, declined slightly on Wednesday,...
Buying interest was scarce on the Nigerian Exchange (NGX) on Tuesday as widespread selling pressure outweighed advances across the market,...
Zenith Bank, FirstBank and Guaranty Trust Bank have expanded the amount customers can spend internationally using naira-denominated cards. The revised...
Nigeria recorded a merchandise trade surplus of about N12.6 trillion in the second quarter of 2026 as exports climbed to...
Dangote Petroleum Refinery is preparing for one of the most consequential listings in the history of Nigeria’s capital market with...
The Nigerian equities market opened the week in the red as the Exchange shed N112 billion on Monday. Investors traded 774,377,516 shares worth N14.65 billion in...
The Federal Inland Revenue Service (FIRS) generated N1.56 trillion in Value Added Tax (VAT) in the second quarter (Q2) of 2024, according to the latest report...
Business activities at Nigerian borders have dropped by 80 percent due to the depreciating Nigerian currency. Licensed customs agents at the borders said the plunge in...
The Fiscal Responsibility Commission (FRC) has brought the Joint Admission and Matriculation Board (JAMB) before the House of Representatives for failing to remit N3.602 billion to...
Transcorp Power Plc on Monday extended its decline as the company’s directors offloaded their shares to increase liquidity. The share dipped by 9.99% from N335.2 per...
Zenith Bank Plc on Monday announced that it has obtained regulatory approval to extend its public offer and rights issue by two weeks. In a statement...
Unity Bank Plc has projected gross earnings of N27 billion and a Profit After Tax of N4 billion in Q4, 2024, in its latest earnings forecast...
The federal government in the second quarter of 2024 generated a total of N1.56 trillion from Value Added Tax. This is a 9.11 percent increase from...
Dangote Oil Refinery, the largest in Africa, has set its sights on capturing Nigeria’s $267.7 million polypropylene market starting next month, Aliko Dangote, president of the...
Nigeria’s Company Income Tax (CIT) surged by 150.83% to N2.47 trillion in Q2 of 2024, from N984.61 billion in Q1 2024, the National Bureau of Statistics...
