Nigerian Exchange Limited (NGX) market capitalisation reached a record N163 trillion on Wednesday, September 23, 2026 as trading activity recorded high market participation. The figure […]
Category: Economy
TotalEnergies, AMNI take FID on offshore Ima gas field in Nigeria
TotalEnergies and its Nigerian partner, AMNI, have taken a final investment decision (FID) to develop the offshore Ima gas field in Nigeria, with production expected […]
NGX expands NGX Invest with WhatsApp access for investors
Nigerian Exchange Group (NGX Group) has expanded access to its NGX Invest platform with the launch of a WhatsApp subscription channel, providing investors with a […]
SUNU Assurances appoints Michael Chukwu as Independent Non-Executive Director
SUNU Assurances Nigeria Plc has appointed seasoned financial executive and private equity investor, Michael Uchenna Chukwu, as an Independent Non-Executive Director on its Board. The […]
Kenya to launch Dangote-backed $17 billion East Africa Oil Refinery September 30
The Kenyan government has finalised preparations for the September 30, 2026 launch of the East Africa Oil Refinery project in Lamu, with President William Ruto […]
Naira may depreciate following CBN’s 350bps rate cut – Rewane
The naira may face depreciation pressure following the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) by 350 basis points […]
Naira may depreciate following CBN’s 350bps rate cut – Rewane
The naira may face depreciation pressure following the Central Bank of Nigeria’s (CBN) decision to cut the Monetary Policy Rate (MPR) by 350 basis points […]
More large IPOs needed to meet Nigeria’s growing retail investor demand — Bamboo
The Dangote Refinery IPO has revealed a level of retail investor demand that was difficult to see before one of Nigeria’s biggest companies opened its […]
TCN says China-made equipment delays Amuwo substation rehabilitation in Lagos
The rehabilitation of the Amuwo 132/33kV Transmission Substation in Lagos is awaiting equipment being manufactured in China before the remaining work can continue. Engr. Mrs […]
Airtel Africa buyback hits 19.91 million shares after fresh 798,919-share purchase
Airtel Africa Plc has bought back 798,919 of its ordinary shares at a volume-weighted average price (VWAP) of 322.59 pence per share, taking the total […]