Business

NNPC Halts Further Refinery Spending Without Clear Path to Profitability

NNPC Halts Further Refinery Spending Without Clear Path to Profitability

The Nigerian National Petroleum Company Limited has said it will not commit additional resources to the rehabilitation of its state-owned…
Dangote Breaks Ground on $16bn Kenya Refinery, Targets 700,000 Bpd

Dangote Breaks Ground on $16bn Kenya Refinery, Targets 700,000 Bpd

Nigerian billionaire Aliko Dangote and Kenyan President William Ruto are set to break ground on a $16 billion oil refinery…
Unilever Nigeria Sheds N9.40 as Stock Falls 8.6% to N100.50

Unilever Nigeria Sheds N9.40 as Stock Falls 8.6% to N100.50

Unilever Nigeria Plc recorded a sharp decline on the Nigerian Exchange on Tuesday, September 29, 2026, as its share price…
ABC Transport Extends Rally for Third Session, Jumps Another 9.8% to N6.15

ABC Transport Extends Rally for Third Session, Jumps Another 9.8% to N6.15

ABC Transport Plc extended its rally for a third consecutive trading session on Tuesday as sustained buying interest pushed the…
Segun Agbaje to Earn N41.63 Million From GTCO N1 Interim Dividend

Segun Agbaje to Earn N41.63 Million From GTCO N1 Interim Dividend

Segun Agbaje, Group Chief Executive Officer of Guaranty Trust Holding Company Plc (GTCO), is positioned to receive approximately N41.63 million…
NGX Investors Lose N424 Billion as Market Capitalisation Falls to N163.53 Trillion

NGX Investors Lose N424 Billion as Market Capitalisation Falls to N163.53 Trillion

Investors on the Nigerian Exchange (NGX) lost approximately N424 billion on Tuesday as selling pressure reversed the gains recorded in…
Dangote Fertiliser Targets 12 Million Tonnes Capacity Ahead of Planned Listing

Dangote Fertiliser Targets 12 Million Tonnes Capacity Ahead of Planned Listing

Dangote Fertiliser Limited is targeting annual production capacity of 12 million metric tonnes as the Dangote Group accelerates a major…
United Capital Relocates Lagos Business Address to UBA Headquarters at 57 Marina

United Capital Relocates Lagos Business Address to UBA Headquarters at 57 Marina

United Capital Plc has announced the relocation of its business address to 57 Marina Road, Lagos Island, the same building…
UPL Leads NGX Gainers With 9.9% Rise to N5

UPL Leads NGX Gainers With 9.9% Rise to N5

University Press Plc (UPL) emerged as the best-performing equity on the Nigerian Exchange (NGX) on Monday after its share price…
ABC Transport Extends Rally With 9.8% Gain to N5.60

ABC Transport Extends Rally With 9.8% Gain to N5.60

ABC Transport Plc extended its rally on the Nigerian Exchange (NGX) on Monday gaining 9.80 percent to N5.60 after recording…
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