Dangote Sugar Returns to Profit, Posts N41.5bn Half-Year Earnings

Edem Godwin
Aug 11, 2026
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Dangote Sugar Refinery Plc has returned to profitability in the first half of 2026, recording N41.51bn profit after tax, driven by a sharp...

Nigeria’s Internet Consumption Hits N6.6tn in One Year

Alfred Edafe
Aug 11, 2026
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Nigeria’s internet consumption was estimated at N6.6tn in value between June 2025 and May 2026, underscoring the rapid expansion of the country’s digital...

Alternative Bank Promotes Productive Capital as New Model for Wealth Creation

Emeka Chukwudumebi
Aug 10, 2026
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The Alternative Bank has urged investors and policymakers to direct more capital toward productive sectors that create jobs, strengthen businesses and generate long...

NCAA Steps In to Prevent Airline Labour Dispute from Disrupting Flights

Alfred Edafe
Aug 10, 2026
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The Nigeria Civil Aviation Authority has moved to mediate between domestic airlines and aviation unions following threats of industrial action over outstanding Ticket...

NNPC Dismisses Underperformance Claims, Reports 6% Rise in Oil Output Under Ojulari

Martins Alimepete
Aug 9, 2026
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The Nigerian National Petroleum Company Limited (NNPC Ltd) has rejected allegations of poor performance and impropriety against its management, saying crude oil and...

CBN Says Foreign Reserves Rise Above $52.5bn as Reforms Support Stability

Martins Alimepete
Aug 8, 2026
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The Central Bank of Nigeria has said foreign reserves rose above $52.5 billion as of July 17, 2026, supported by stronger foreign exchange...

Otedola Raises First HoldCo Stake to 26.7% with N18.11bn Share Purchase

Edem Godwin
Aug 8, 2026
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Femi Otedola has increased his interest in First HoldCo Plc after acquiring an additional 138.04 million shares valued at about N18.11 billion. A...

Goldman Sachs Executives Tour Dangote Refinery, Commend Scale and Quality of Project

Usman Haruna
Aug 8, 2026
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Senior executives of global investment banking and financial services firm, Goldman Sachs, have toured the Dangote Industries Limited (DIL) integrated refinery, petrochemical and...

Globacom Leads Nigeria’s Internet Subscriber Growth in May

News Xposure
Aug 7, 2026
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Globacom recorded the largest increase in internet subscribers among Nigeria’s major mobile operators in May 2026, according to industry figures. Data from the...

Manufacturers Say Infrastructure Spending Yet to Lift Productivity as Credit Costs Bite

Akintunde Owolabi
Aug 7, 2026
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Nigeria’s manufacturers say increased government capital expenditure has yet to translate into a significant improvement in factory productivity, even as business confidence showed...

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