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Lafarge Africa Plc (WAPCO) has officially entered a new growth phase, marked by its first major capacity expansion in a decade. Following the entry of new majority ownership (Huaxin...
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NMDPRA Grants Gasoline Import Permits to Six Firms to Curb Monopoly Fears

in a swift recalibration of the downstream sector, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted...

Parallex Bank Surpasses N50bn Capital Benchmark as Nigeria’s Banking Recapitalisation Drive Nears Deadline

Parallex Bank Limited has successfully crossed the N50 billion capital threshold required for regional commercial banks, positioning the financial...

Recapitalisation Without Transformation is a Risk Nigeria Cannot Afford

BY BLAISE UDUNZE In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As...

Trump Says U.S. Bombs ‘Obliterated’ Military Targets on Iran’s Kharg Island

President Trump announced on social media a major bombing raid, saying it had “obliterated every MILITARY target in Iran’s...

Lafarge Africa Expansion Pivot Triggers 37% Upside Potential For Stock

Lafarge Africa Plc (WAPCO) has officially entered a new growth phase, marked by its first major capacity expansion in...

Citi Says Oil Boon Shields Nigeria Naira from Iran War Contagion

While the escalating conflict in the Middle East has sent shockwaves through global markets, the Nigeria Naira is emerging...
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Nigeria and Angola Lead Africa Sovereign Bond Recovery on $83 Crude Tailwind

African sovereign dollar bonds extended their recovery as global investors pivoted toward the continent’s oil-producing nations as a strategic...

Central Bank of Nigeria Adds Locally Refined Gold to Reserves as Stockpile Hits $3.5bn

The Central Bank of Nigeria (CBN) has achieved a major strategic milestone by increasing its total gold holdings to...

Central Bank of Nigeria Reports 772% Surge In Net Dollar Reserves To $34.8bn

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Monday, disclosed that Nigeria’s net foreign...

Nigeria’s GDP Expanded by 3.9% in 2025 – NBS

The National Bureau of Statistics (NBS) released the GDP report for 2025, which indicated that the Nigerian economy expanded...

MTN Nigeria’s ₦1 Trillion Capital Expenditure and ₦878 Billion Tax Payment Drive Economic Impact

MTN Nigeria Communications Plc has released its audited 2025 financial results, revealing a corporate performance that serves as a...

CBN Intervenes to Slow Naira’s Surge Toward ₦1,000 as Shettima Warns Dollar Hoarders

Nigeria Vice President Kashim Shettima revealed on Tuesday, February 24, 2026, that the Central Bank of Nigeria (CBN) intentionally...
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