Senate pushes capital budget timeline to September
The Senate has approved a three-month extension for the implementation of the capital component of the 2025 Appropriation Act, shifting the deadline…
Business
Musk’s SpaceX raises $75bn in record US IPO
Elon Musk’s reusable rocket company is raising $75 billion, selling 555.6 million shares for $135 a piece, according to a filing with…
Access Holdings assures shareholders of dividend resumption, cites conditions
Access Holdings Plc has assured shareholders of the Board’s commitment to resuming dividend payments as soon as the relevant regulatory conditions are…
Dangote Refinery valued at $39.1bn in private placement offer
The Dangote Petroleum Refinery has been valued at $39.1 billion as it seeks to raise fresh capital from investors through a private…
AfCFTA targets $250bn intra-African trade volume in 2026
The Secretary-General of the African Continental Free Trade Area, Wamkele Mene, has disclosed that the continental trade bloc is on course to…
US military helped move 100m barrels through Hormuz – Trump
President Donald Trump said on Wednesday that the United States military had quietly assisted about 200 commercial vessels and facilitated the movement…
UK refuses to back down on tech platforms crackdown
The UK government has said it will not be deterred from tightening rules on tech platforms despite reported displeasure from the White…
IMF urges stronger crypto regulation in Nigeria to enhance stability
The International Monetary Fund has urged Nigeria to incorporate stablecoins and other crypto-asset activities into its regulatory framework. The recommendation is part…
ALTON plans N1.86tn investment to boost network expansion
Nigerian telecom operators said on Monday that they plan to invest about N1.86 trillion in 2026 to expand infrastructure, boost network capacity,…
FG pledges stronger fiscal reporting, transparency after IMF review
The Federal Government has pledged to strengthen fiscal reporting, budget transparency, and data integrity in line with recommendations from the International Monetary…
FG unveils $1bn AfCFTA credit facility to boost African trade
The Federal Government has reiterated its commitment to advancing Nigeria’s export-driven growth under the African Continental Free Trade Area, announcing opportunities for…
Tony Elumelu named Seplat chairman in major leadership shakeup
Seplat Energy Plc has announced major leadership changes, with billionaire investor and philanthropist Tony O. Elumelu set to become Chairman of the…