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With just over two and a half months left until the recapitalisation deadline, Nigerian lenders are edging toward a defining moment, with consolidation increasingly viewed as unavoidable for several lenders.…
The Nigerian National Petroleum Company Limited is facing growing financial pressure as debts owed by its subsidiaries and related entities surged to ₦30.30 trillion as of the end of 2024.…
Nigeria’s leading airline, Air Peace, has revealed that repairing an aircraft damaged during ground handling by the Nigerian Aviation Handling Company will cost the carrier over $1 million, adding to…
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has sought to calm investor concerns, stating that Nigeria’s recent joint security operation with the United States in…
Global food giant, Arla Foods is ramping up efforts to boost dairy production in Nigeria with an ambitious plan to produce half of its milk production in Africa’s largest consumer…
The Ogun State Government has formally appointed SystemSpecs’ Whatadeal Limited as the official managers of Olumo Rock following the signing of a Public–Private Partnership (PPP) agreement at a press conference…
Chowdeck has partnered with GoLemon, a fast-growing online grocery startup, to make grocery shopping more flexible and reliable for households. This partnership will enable Chowdeck users to order a curated…
Unless there is a last-minute adjustment, petrol will begin selling at N739 per litre at MRS filling stations and other partners of the Dangote Petroleum Refinery. This development follows the…
Nigeria’s headline inflation rate declined again in November 2025 as price pressures eased under the newly adopted base year, according to the latest Consumer Price Index data released by the…
Aliko Dangote, the president of Dangote Group, has announced plans to introduce an unprecedented dividend structure for his $20 billion oil refinery when it lists on the Nigerian Exchange next…