The Federal Ministry of Works will close the First Niger Bridge between September 7 and September 21, 2026, to enable emergency maintenance and rehabilitation works […]
Category: Economy
Naira strengthens to N1,800/£ against British Pound, highest level in 7 months
The British Pound is currently trading around N1,800/£ against the naira in the official market, the strongest level for the naira since late February. The […]
Lagos electricity regulator targets ATC&C losses below 10% with AI monitoring — LASERC CEO
Lagos State Electricity Regulatory Commission (LASERC) is stepping up efforts to reshape the state’s electricity market, with stronger consumer protection, universal metering and tighter performance […]
Dangote Refinery to price IPO shares at N525, targets $1.5 billion raise
Dangote Petroleum Refinery is planning to price shares in its upcoming initial public offering (IPO) at N525 per share, potentially raising about $1.5 billion as […]
NGX dividend stocks: 4 qualification dates to watch as PZ offers N2.50
Four companies listed on the Nigerian Exchange have dividend qualification dates scheduled across September and October 2026, giving eligible shareholders the opportunity to receive payouts […]
Lagos developers lament rising costs, warn buyers and tenants will pay more
Real estate developers, investment analysts and a quantity surveyor have said that rising land prices, construction materials, labour and infrastructure costs are putting significant pressure […]
Lagos developers lament rising costs, warn buyers and tenants will pay more
Real estate developers, investment analysts and a quantity surveyor have said that rising land prices, construction materials, labour and infrastructure costs are putting significant pressure […]
Why Lagos developers are chasing prime housing—Sage Grey MD
Sage Grey Group Managing Director, Temitope Runsewe, has said that developers are increasingly seeking financing for housing projects in prime Lagos areas such as Ikoyi, […]
US-Iran tensions spark Safe-Haven rush as gold hits N190,000/g in Nigeria
Gold last traded at N190,000 per gram in Nigeria (which is about N6.1 million per ounce) for 24k gold amid the ongoing tension between Iran […]
Why Africa doesn’t need to build frontier AI models first—Experts
Mustafa Ehsan has spent the past year turning something as unglamorous as a spreadsheet into an argument about where AI economics is heading, and what […]