News at the speed of light
Nigeria is preparing to showcase its mining sector potential at the upcoming African Mining Week, demonstrating the country’s commitment to developing its mineral resources and attracting investment in…
The Presidential Enabling Business Environment Council (Pebec) has launched a nationwide tour aimed at improving the ease of doing business across Nigeria. The initiative seeks to engage stakeholders,…
The Nigerian stock market is bracing for a seismic week as blue-chip giants and surging equities—including legendary paint manufacturer Berger Paints, agribusiness powerhouse Ellah Lakes, and other heavyweight…
TotalEnergies has officially withdrawn from Nigeria’s deepwater Bonga field following the sale of its 12.5% interest in Oil Mining Lease 118 to Shell for $510 million. The move…
Nigerian automaker Innoson Vehicle Manufacturing (IVM) may soon face increased competition as the Federal Government grants approval for Chinese companies to establish electric vehicle (EV) factories in the…
Nigeria has officially become a full member of the Asian Infrastructure Investment Bank (AIIB), a strategic move aimed at unlocking access to long-term infrastructure financing. The membership, recently…
The Central Bank of Nigeria (CBN) reported a significant increase in currency management expenses for 2024, with costs escalating by over 300% due to persistent cash shortages that…
The Corporate Affairs Commission (CAC) has issued a stern six-week ultimatum for businesses in Nigeria that are operating without proper registration. The Commission warned that any company failing…
Zenith Bank Plc has declared a total dividend payout of ₦195.67 billion for the 2024 financial year, delighting shareholders with a distribution of ₦5.00 per share. The dividend…
Nigeria’s headline inflation rate rose to 24.23% in March 2025, up from 23.18% recorded in February, marking a notable increase following the recent rebasing of the Consumer Price…
