Electricity customers in Benin, Togo and Niger left $10.17 million unpaid on power invoices issued by Nigeria’s Market Operator (MO) in the second quarter of […]
Author:
NNPC Group’s tax, royalty payments rise 150% to N14.7 trillion in 2025
NNPC Group’s income tax and royalty payments rose 150% to N14.71 trillion in 2025 from N5.88 trillion in 2024. This is according to its 2025 […]
CBN says capital buffer is a starting point of recapitalisation reform, not the end
The Central Bank of Nigeria (CBN) has said stronger capital buffers are only the starting point of banking sector recapitalisation, with the next phase requiring […]
Africa’s biggest REIT markets in 2026, ranked by value
Africa’s REIT market comprises 49 operational REITs with an estimated market value of $30 billion and listed market capitalisation of about $21 billion, according to […]
Kenyan investors seek access to Dangote Refinery IPO through NSE GDRs
Kenyan investors and capital market participants are seeking access to Dangote Refinery’s ongoing initial public offering through a proposed Global Depositary Receipt (GDR) listing on […]
Kenyan investors seek access to Dangote Refinery IPO through NSE GDRs
Kenyan investors and capital market participants are seeking access to Dangote Refinery’s ongoing initial public offering through a proposed Global Depositary Receipt (GDR) listing on […]
Manufacturers or money managers? Consumer goods firms hold N587 billion cash in 2026
Nigeria’s consumer goods companies make products that fill kitchen shelves, dining tables and refrigerators. But for some, keeping money in the bank has also become […]
“I’m Going to Rivers on Wednesday” – Amaechi Declares, Reveals How PDP Was Defeated
Vice-presidential candidate of the African Democratic Congress, ADC, Rotimi Amaechi, has urged leaders and supporters of the party to return to their states and wards […]
Fubara Cancels Independence Day Parade In Rivers
Governor Siminalayi Fubara of Rivers State has cancelled the Independence Day parade scheduled to commemorate Nigeria’s 66th anniversary. This was just as the state government […]
Court Nullifies APC primary, Orders Fresh One
The Federal High Court in Gombe has nullified the All Progressives Congress primary election held on May 16 for the Balanga/Billiri Federal Constituency and ordered […]