Nigeria, Thailand Take Economic Ties to Business Forum as Investors Seek New Opportunities
Nigeria and Thailand are taking steps to deepen trade and investment ties as businesses from both countries explore new opportunities.
Mastercard, TeamApt Expand Digital Payment Access to 40 Million Nigerian MSMEs
Mastercard and TeamApt are expanding digital payment infrastructure in Nigeria, targeting the country’s more than 40 million MSMEs.
Mastercard, TeamApt Expand Digital Payment Access to 40 Million Nigerian MSMEs Read Post »
CBN Raises ₦2.8tn Through OMO Bills as Investor Demand Surges
The CBN raises ₦2.8tn through OMO bills after investors submitted ₦4.26tn in bids, as demand for short-term naira assets remains strong.
CBN Raises ₦2.8tn Through OMO Bills as Investor Demand Surges Read Post »
Dangote Refinery Raises Petrol Price to ₦1,200 Despite Falling Crude Prices
Dangote Refinery raises its petrol price from ₦1,185 to ₦1,200 per litre, its second increase in less than a week, as global crude prices decline.
Dangote Refinery Raises Petrol Price to ₦1,200 Despite Falling Crude Prices Read Post »
Nigeria’s Exports to China Rise 81% to $2.25bn as Zero-Tariff Policy Opens Market
Nigeria’s exports to China rose 81% to $2.25bn in H1 2026 as China’s zero-tariff policy opens wider market access for Nigerian goods.
Nigeria’s Exports to China Rise 81% to $2.25bn as Zero-Tariff Policy Opens Market Read Post »
AFC Launches Climate-Resilient Infrastructure Fund in Nigeria
Africa Finance Corporation has launched a climate-resilient infrastructure fund in Nigeria to mobilise domestic institutional capital for infrastructure projects.
AFC Launches Climate-Resilient Infrastructure Fund in Nigeria Read Post »
Nigeria’s Reserves Reach $52.66bn as Dollar Buffer Strengthens
Nigeria’s foreign reserves have risen to $52.66bn, up $7.09bn since January as stronger dollar inflows improve the country’s external liquidity.
Nigeria’s Reserves Reach $52.66bn as Dollar Buffer Strengthens Read Post »
Nigeria Moves Closer to Sovereign Cloud as NITDA Inaugurates Taskforce
Nigeria has moved closer to implementing its sovereign cloud strategy after NITDA inaugurated a taskforce to coordinate regulation, infrastructure and investment.
Nigeria Moves Closer to Sovereign Cloud as NITDA Inaugurates Taskforce Read Post »
Accion MFB Raises ₦5bn to Expand Lending to Small Businesses
Accion Microfinance Bank has raised ₦5 billion through a fully subscribed commercial paper issuance to support lending to micro, small and medium-sized businesses.
Accion MFB Raises ₦5bn to Expand Lending to Small Businesses Read Post »
Otedola Raises First HoldCo Stake With ₦12.6bn Share Purchase
Femi Otedola has increased his investment in First HoldCo after acquiring additional shares worth about ₦12.6 billion through Calvados Global Services.
Otedola Raises First HoldCo Stake With ₦12.6bn Share Purchase Read Post »
Africa Re Revenue Rises to $664.8m as Claims Increase in H1 2026
Africa Re reported an 8.5% rise in insurance service revenue to $664.8 million in H1 2026, but higher claims and FX losses reduced net profit.
Africa Re Revenue Rises to $664.8m as Claims Increase in H1 2026 Read Post »
Dangote Refinery Expands Free Fuel Delivery to Four More States
Dangote Petroleum Refinery has expanded its free fuel delivery programme to Kano, Imo, Anambra and Nasarawa, aiming to reduce distribution costs.
Dangote Refinery Expands Free Fuel Delivery to Four More States Read Post »
BUA invests $85m in Port Harcourt terminal expansion
BUA Group is investing $85 million to expand its Port Harcourt terminal as it prepares to support more than two million tonnes of annual raw material imports.
BUA invests $85m in Port Harcourt terminal expansion Read Post »
Nigeria’s Stock Market Rally Faces Tougher Test After Strong Gains
Nigeria’s stock market remains up 53.81% in 2026, but recent profit-taking is testing whether the rally can sustain its momentum.
Nigeria’s Stock Market Rally Faces Tougher Test After Strong Gains Read Post »
Shareholders Oppose Plan to Redirect Unclaimed Dividends to NELFUND
Nigerian shareholder groups have opposed plans to redirect qualifying unclaimed dividends to NELFUND, arguing that the funds remain linked to investors’ rights.
Shareholders Oppose Plan to Redirect Unclaimed Dividends to NELFUND Read Post »