German state explores expanded trade, investment partnership with Nigeria
A delegation from Rheinland-Palatinate, a German federal state, has signalled interest in strengthening trade and industrial cooperation with Nigeria. The visit... Read more.
Nigeria’s economic expansion fails to ease pressure on households, small businesses
Nigeria’s economy recorded a 3.87 per cent growth rate in 2025, according to the latest data from the National Bureau of Statistics (NBS). Fourth quarter growth... Read more.
Dollar strengthens against naira at start of new business week
The US dollar opened the first business week of March stronger against the naira, with activity in the parallel market reflecting higher exchange rates compared... Read more.
Dangote Cement seals $1bn expansion deal to deepen Africa footprint
Dangote Cement Plc has signed a strategic agreement valued at over $1 billion with Sinoma International Engineering to construct new cement plants and expand existing... Read more.
Financial institutions to lead Dangote Refinery listing on NGX
Stanbic IBTC Capital, Standard Bank and Vetiva Capital Management have been appointed as lead advisers for the proposed listing of Dangote Refinery on the Nigerian... Read more.
AXA Mansard posts 22% revenue growth to ₦160.6bn
AXA Mansard Insurance Plc has reported a 22 per cent increase in total insurance revenue to ₦160.6 billion for the 2025 financial year. The company attributed... Read more.
Gas constraints trigger nationwide power supply disruptions
The Federal Government has attributed ongoing electricity supply disruptions across Nigeria to constraints in gas supply to thermal power plants. The situation has... Read more.
Lagos Motor Fair returns with focus on regional automotive trade
Organisers have confirmed preparations for the 20th Lagos Motor Fair and 13th Africa Autoparts Expo scheduled to hold in March. The event is expected to convene... Read more.
AEDC reports metering expansion, loss reduction
Abuja Electricity Distribution Company (AEDC) has announced measurable progress in reducing operational losses and expanding its smart metering rollout, signalling... Read more.
Lebara enters Nigeria as mobile virtual network operator
Lebara has commenced operations in Nigeria as a mobile virtual network operator (MVNO), marking a new phase of competition within the country’s telecommunications... Read more.
