Dangote Refinery Prepares $5bn IPO, Africa's Largest
Dangote Petroleum Refinery is preparing to launch Africa's largest IPO, potentially raising $5 billion. The offering could reshape investment flows and boost Nigeria's economy significantly.
Category : Business
IMF Projects 4.3% GDP Growth for Nigeria in 2027
The IMF projects Nigeria's GDP growth to reach 4.3% in 2027, up from 4.1% in 2026, despite global risks from Middle East conflict and inflation pressures.
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SAM Pharmaceutical Opens Advanced Manufacturing Plant in Ogun
SAM Pharmaceutical Limited celebrates its 55th anniversary by commissioning a cutting-edge pharmaceutical manufacturing facility in Ota, Ogun State, enhancing production capacity and supporting Nigeria's healthcare sector.
CSCS Raises 2026 Fees Sharply for Nigerian Capital Market
The Central Securities Clearing System has overhauled its fee structure for 2026, with OTC trade fees surging 3,233% and custody charges shifting to asset-based pricing, impacting brokers and investors.
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Carloha Uses Football Tournament for Employee Leadership Development
Carloha Nigeria, the authorized distributor of Chery vehicles, successfully organized the Chery Emerging Leaders Football Tournament in Lagos to enhance teamwork and leadership among employees through sportsmanship.
FBRA Urges NASS to Prioritize Recycling Over Plastic Ban
The Food and Beverage Recycling Alliance warns that a ban on single-use plastics could harm the economy and environment, advocating for investment in recycling infrastructure instead.
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Africa's 2026 Public Sector Boom: Hidden Risks for Investors
While Africa's public sector shows significant growth in 2026 through infrastructure and digital spending, this expansion is heavily debt-funded and faces structural risks including currency vulnerability, institutional weaknesses, and corruption challeng
Marketers Urge FG to Restore Petrol Import Licences
PETROAN supports World Bank call for petrol import licence reinstatement to boost competition and stabilise fuel prices, as Dangote Refinery announces new pricing.
Victor Glover: 5 Facts About NASA's Artemis 2 Astronaut
Discover five essential facts about Victor Glover, the only Black man on NASA's Artemis 2 crew, including his family background, education, and historic space achievements.
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Man Mistakenly Credited N4.8 Million Raises Alarm Over Refund
A Nigerian man received N4.8 million in error via OPay and is hesitant to refund due to suspicious account details from the caller, sparking online debate and safety concerns.
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Lafarge Found Guilty of Financing ISIS During Syrian Conflict
A Paris court has found global cement company Lafarge guilty of financing ISIS and other militant groups to maintain operations in Syria, with executives receiving prison sentences.
Naira Opens Week Stronger Against Dollar in FX Markets
The Nigerian naira appreciated to N1,356.19 per dollar in the official market, gaining 70 kobo. It also strengthened against the pound sterling and euro, while interbank turnover surged.
FG Slashes Tariffs on 127 Items Including Rice, Cars, Medicines
The Federal Government has implemented sweeping tariff reductions on 127 items including rice, vehicles, and medical equipment as part of the 2026 Fiscal Policy Measures aimed at combating inflation and supporting key economic sectors.
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Bayelsa Communities End 60-Year Isolation with New Roads
Riverine communities in Bayelsa's Southern Ijaw LGA, which relied solely on boats for six decades, finally have road access after President Tinubu inaugurated key highways linking them to Yenagoa.
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MMA2 Airport Hikes Parking Fees to Address Congestion Issues
Bi-Courtney Aviation Services Limited has increased parking tariffs at Murtala Muhammed Airport Terminal 2 in Lagos, citing operational challenges caused by long-term parking and congestion affecting passenger access.
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Ayavefe's 2026 Hospitality Booking Standards Transform Guest Experience
Dr. Yasam Ayavefe, founder of Mileo and chairman of Milaya Capital Limited, introduces modern reservation protocols emphasizing transparency, predictability, and guest control in hospitality.
Lafarge Cement Convicted for Financing Terrorism in Syria
A French court has found Lafarge Africa Plc guilty of financing terrorism, including payments to Islamic State and al-Qaeda, to sustain operations during the Syrian civil war.
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Insurance as Self-Care: New Wellness Approach for Nigerian Women
Heirs Insurance Group and United Capital hosted the Yoga and Money Meet Up, blending physical wellness with financial protection. The event introduced HerMotor insurance, offering 24/7 roadside assistance for women, framing insurance as essential self-car
Artemis 2 Astronauts Describe Earth Views After Moon Mission
Artemis 2 astronauts Christina Koch, Victor Glover, Jeremy Hansen, and Reid Wiseman reveal their personal experiences from a 10-day mission around the Moon, including Koch's description of Earth as a 'lifeboat' in the universe.
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Arewa Youths Hail Court Ruling on Pipeline Surveillance Contract
The Arewa Youths have commended a Federal Capital Territory High Court ruling that upheld the continuity and long-term renewal of Nigeria's pipeline surveillance contract, calling it a victory for national economic stability.
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Telecom Infrastructure Theft Threatens Nigeria's Network Services
Nigeria's telecom sector faces an existential threat from widespread theft of power assets, causing dropped calls and slow data for millions of subscribers. Industry leaders warn of billions in losses and potential service degradation.
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FG Launches Food Bank Across 774 LGAs to Fight Hunger
The Federal Government has initiated a National Community Food Bank Programme targeting all 774 local government areas to address rising food insecurity and malnutrition nationwide.
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Retrieve Forgotten BVN Instantly in Nigeria: Full Guide
Forgot your Bank Verification Number? Learn multiple safe methods to retrieve your BVN instantly using USSD codes, bank apps, online portals, or bank visits in Nigeria.
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Nigeria's Minimum Wage: ₦5,500 to ₦70,000 Since 1999
Nigeria's minimum wage has increased from ₦5,500 in 2000 to ₦70,000 in 2026. This article explores the timeline, economic pressures, and why workers still struggle despite nominal growth.
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Yoga & Money Event Empowers Ambitious Nigerian Women
Heirs Insurance Group and United Capital Plc partnered to host an exclusive wellness and financial empowerment event in Lagos, combining yoga sessions with expert-led discussions on insurance, investment, and asset protection for ambitious women.
High Cost, Complexity of Carbon Credit in Nigeria Decried
Vectar Energy Nigeria Limited highlights barriers to solar energy access due to expensive carbon credit verification, proposing the ecoWise programme to generate high-integrity credits.
Nigerian Stocks Rally, Market Cap Hits N131.6 Trillion
The Nigerian stock market opened the week positively, with market capitalization rising to N131.6 trillion. Gains in key stocks like Nigerian Exchange Group and Trans-Nationwide Express drove the rally, amid strong investor sentiment.
Falcon Aero Appoints Abolade Amid Global Funding Drive
Falcon Aerospace Limited appoints Moshood Bode Abolade as Independent Non-Executive Director to bolster capital raising and international growth in business aviation.
Dangote Refinery Keeps Fuel Prices Steady Amid Crude Rally
Nigerian motorists experience stable petrol and diesel prices as depot owners follow Dangote Refinery's lead despite international crude oil climbing above $100 per barrel. Market stability remains fragile.
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Anne Ezeh of Afreximbank Among Africa's Top 100 Marketing Leaders
Anne Ezeh, Director of Communications and Events at Afreximbank, has been recognized in the inaugural African Chief Marketing Officers Top 100 list, highlighting her role in shaping strategic communications across the continent.
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