Africa’s largest mobile network operator, MTN Group Ltd., has projected that its full-year earnings will more than quadruple, fueled by a sharp recovery in its Nigerian and Ghanaian operations. The
Dangote Listing Could Become Africa’s Largest on the NGX The Dangote Group has selected Stanbic IBTC Capital, Vetiva Capital Management, and First Capital to lead the planned listing of its
Here’s a roundup of major business stories and events scheduled from March 2 to March 7, 2026. House of Representatives to hold fintech bill hearing On Monday, the House of
The Nigerian Exchange Ltd (NGX) has issued a cautionary alert to investors after detecting unusual and sharp price movements in the shares of several listed companies, warning that the fluctuations
Transfers and card payments surge as cash declines across bars and lounges Digital payments are rapidly transforming Nigeria’s nightlife economy, with bank transfers and card transactions now dominating spending at
MTN Nigeria Communications Plc has returned to profit after a difficult 2024, reporting N1.7 trillion in pre-tax profit for the year ended December 2025, compared to a N550.3 billion loss
Dangote Refinery says it will supply up to 65 million litres of petrol daily to Nigeria’s domestic market while exporting an additional 15 to 20 million litres, a move that
Warner Bros. Discovery has confirmed receiving a higher takeover offer from a consortium involving Paramount Global and Skydance Media, escalating an ongoing acquisition battle that could reshape the global media
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate by 50 basis points to 26.5%, signalling growing confidence that inflationary pressures are easing and economic stability is
Nigeria’s fiscal structure could be facing a significant shift after President Bola Tinubu issued an executive order directing that oil and gas revenues be paid directly into the Federation Account.
