Business

MTN Eyes Banking Licences as African Fintech Business Expands Into Lending

MTN Eyes Banking Licences as African Fintech Business Expands Into Lending

MTN Group is considering banking licences in selected African markets as the telecommunications giant moves deeper into lending and seeks…
Dangote Refinery Says Some Nigerian Crude Costs More Than Imported Oil

Dangote Refinery Says Some Nigerian Crude Costs More Than Imported Oil

Dangote Petroleum Refinery has said it sometimes pays more for Nigerian crude oil than comparable imported supplies despite operating in…
Sustainable Capital Sells Remaining 36.7 Million Seplat Energy Shares, Exits Company

Sustainable Capital Sells Remaining 36.7 Million Seplat Energy Shares, Exits Company

Sustainable Capital Limited has exited Seplat Energy Plc after selling its remaining 36.7 million shares, bringing its voting rights in…
Dangote Refinery Imports 30%–40% of Crude Despite Nigeria’s 1.6mbpd Production

Dangote Refinery Imports 30%–40% of Crude Despite Nigeria’s 1.6mbpd Production

Dangote Petroleum Refinery is sourcing between 30% and 40% of its crude oil from overseas despite Nigeria producing about 1.6…
Zenith Bank Charts New Path to Scale Nigeria’s $6.1bn Non-Oil Export Market

Zenith Bank Charts New Path to Scale Nigeria’s $6.1bn Non-Oil Export Market

Zenith Bank Plc has outlined strategies to accelerate Nigeria’s non-oil export growth with increased local processing, stronger trade financing and…
Oil Prices Tumble as Iran-Oman Talks Raise Hopes of Hormuz Reopening

Oil Prices Tumble as Iran-Oman Talks Raise Hopes of Hormuz Reopening

Oil prices fell more than $2 a barrel on Wednesday as renewed talks between Iran and Oman raised expectations that…
Black Market Dollar to Naira Exchange Rate for Today, Wednesday, August 26, 2026

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, August 26, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, traded at N1,400 on…
Black Market Dollar to Naira Exchange Rate for Today, Tuesday, August 25, 2026

Black Market Dollar to Naira Exchange Rate for Today, Tuesday, August 25, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Tuesday,…
Red Star Express Rebounds 9.86% to Lead NGX Gainers

Red Star Express Rebounds 9.86% to Lead NGX Gainers

Red Star Express Plc rebounded strongly on the Nigerian Exchange (NGX) on Monday, rising 9.86 percent to emerge as the…
First HoldCo Leads NGX Trading With N7.9 Billion Share Deal

First HoldCo Leads NGX Trading With N7.9 Billion Share Deal

First HoldCo Plc emerged as the most actively traded stock by value on the Nigerian Exchange (NGX) on Monday after…
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