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The Elumelu Alpha: Heirs Energies Nabs $367 Million Gain as Seplat Hits Historic ₦10,000 Mark

In what market analysts are calling a "masterclass in market timing," billionaire Tony Elumelu has seen his strategic entry into Seplat Energy PLC yield...

Ellah Lakes Takes ₦1.7bn Hit Amid ‘Material Uncertainty’ From Failed Capital Raise

Ellah Lakes Plc, the Nigerian agri-business firm, is facing a period of "material uncertainty" following the collapse of its ambitious ₦235 billion public offer. The...

Industrial Agony: 17 NGX Manufacturers Hit by ₦7.6tn Input Cost Surge

Nigeria’s manufacturing sector is facing a "double whammy" of escalating energy costs and shrinking consumer pockets as the U.S.-Israel-Iran conflict reshapes the global energy...

Dangote Refinery Reaffirms Commitment to National Energy Stability Amid Global Market Volatility

The Dangote Petroleum Refinery and Petrochemicals has reassured Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the...

First HoldCo “Deep Value” Opportunity Set to Trigger Catch Up Rally on NGX

The current valuation of First HoldCo Plc, presents a stark anomaly in the Nigerian banking sector. Despite its status as a systemically important financial...

Board’s Long Game: Why First Holdco’s Clean up is a Master Class in Long-Term Value Creation

In the world of high-stakes banking, the "Kitchen Sink" year is a rare moment of corporate courage. By choosing to front-load ₦748 billion in impairment...

Tony Elumelu’s Net Worth Hits $3.2 Billion as Heirs Energies ‘Crown Jewel’ Propels Diversified Portfolio

Tony Elumelu, CFR, the Nigerian Billionaire investor, financier and philanthropist, who has spent decades preaching "Africapitalism," is finding it increasingly difficult to downplay his...

Otedola’s $750m War Chest: Market Braces for Next ‘Big Move’ From GTCO Entry to Anchoring Dangote Refinery IPO

… How Otedola’s Liquidity Redefines the 2026 Investment Map Femi Otedola’s liquidity event—a massive $750 million (approximately ₦1.1 trillion) cash injection from his Geregu stake...

Nigeria Sovereign Wealth Fund Books N477 Billion Exchange Loss on Settled Swap Position

The Nigeria Sovereign Investment Authority (NSIA) the managers of its Sovereign Wealth Fund (SWF) booked an exchange loss of N477.67 billion on realized swap...

Banks Profit: Access Leads in Europe as UBA Tops Across Rest of Africa

Access Holdings leads other Nigerian Banks with operations in Europe in terms of profit while United Bank for Africa (UBA) is the top player...

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