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Energy

Dangote Begins Construction to Double Oil Refinery Capacity, to Come Online 2028

Aliko Dangote has started work to double capacity at his huge oil refinery in Nigeria, which when finished will rival the world's largest site and give Africa's richest person...
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Dangote Begins Construction to Double Oil Refinery Capacity, to Come Online 2028

Bala Augie -
Aliko Dangote has started work to double capacity at his huge oil refinery in Nigeria, which when finished will...
Economy

Moniepoint CEO Plots Shift From Payment Movements to Layered Data-Driven Credit

Bala Augie -
...as Cardoso Launches PSV 2028 As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System...
Economy

Oil Rally Spurs Nigeria to Weigh Refinancing High-Cost Debt on Favorable Market Conditions

Bala Augie -
Nigeria plans to refinance high-cost debt and raise funds to help plug its budget deficit, leveraging strong investor confidence...
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Zedvance To Triple Lending after Disbursing N120bn To SME’s in 2025

Bala Augie -
The Group Managing Director of Zedcrest, parent company of Zedvance, Adedayo Amzat, has announced a strategic shift in the...
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CardinalStone Raises Transcorp Group Stock Target to ₦69.71 on Power Turnaround, Maintains BUY

Bala Augie -
CardinalStone Partners has revised its 12-month target price for Transnational Corp Plc (NGX: TRANSCORP) stock upward to ₦69.71 from...
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Julius Berger Completes Bodo-Bonny Road

Bala Augie -
The 37.9-kilometre Bodo-Bonny Road project in Rivers state awarded to leading engineering construction company, Julius Berger Nigeria PLC has...
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Moniepoint CEO Plots Shift From Payment Movements to Layered Data-Driven Credit

...as Cardoso Launches PSV 2028 As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System...
Economy

Oil Rally Spurs Nigeria to Weigh Refinancing High-Cost Debt on Favorable Market Conditions

Bala Augie -
Nigeria plans to refinance high-cost debt and raise funds to help plug its budget deficit, leveraging strong investor confidence...
Economy

Nigeria GDP Grows 3.9% in Q1, 2026 as Oil and Non-Oil Sectors Improve

Bala Augie -
Nigeria’s economy expanded 3.9% year on year in the first quarter (Q1) of 2026, up from 3.1% a year...
Economy

S&P: Dangote Refinery Driving Nigeria’s Economic Resurgence

Bala Augie -
The Dangote Petroleum Refinery & Petrochemicals is emerging as a major driver of Nigeria’s improving economic outlook, following the...
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Nigeria Dollar Reserves Rise to $49.49 Billion in May, CBN Says

Bala Augie -
Nigeria’s gross external reserves climbed to $49.49 billion as of May 15, up from $48.35 billion at the end...
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Central Bank of Nigeria Retains Monetary Policy Rate at 26.5%

Bala Augie -
The Central Bank of Nigeria (CBN) Wednesday retained the Monetary Policy Rate (MPR), benchmark interest rate, at 26.5 per...

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