Category: featured

I sold Geregu stake to invest in Dangote IPO – Otedola

Billionaire businessman and philanthropist Femi Otedola has indicated plans to invest $100 million in the...

DisCos warn Lagos against scrapping electricity band classification

Electricity distribution companies have criticised the Lagos State Government’s proposed move to eliminate electricity customer...

South Africa’s inflation climbs to 4%, highest since 2024

South Africa’s annual inflation rate accelerated to four per cent in April 2026, marking its...

Naira records mixed performance against dollar across FX markets

The Nigerian naira traded with mixed performance against the United States dollar on Wednesday, May...

Nigeria’s oil exploration dropped sharply in April — OPEC

Nigeria’s oil exploration and drilling activities declined by 41.7 per cent in April 2026, following...

SEC announces shift to T+1 settlement cycle for Nigerian capital market

The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for...

Nollywood’s ‘Call of My Life’ grosses ₦78.2m at weekend box office

Over the weekend of May 15 to 17, Call of My Life opened with a...

Togo scraps visa requirements for all African passport holders

The government of Togo has announced the elimination of entry visa requirements for all African...

Naira depreciates slightly against dollar at official, parallel FX markets

The naira recorded a slight depreciation against the United States dollar across both the official...

Sugar industry can create one million jobs, curb insecurity — NSDC

The Executive Secretary/CEO of the National Sugar Development Council, Mr. Kamar Bakrin, has said that...

West, Central Africa commit $27bn to port projects for trade growth

Nigerian and other countries in West and Central Africa have committed over $27 billion to...

NRS introduces single tax ID for all taxpayers in Nigeria

Nigeria Revenue Service, in collaboration with the Joint Revenue Board, has announced the implementation of...