Business
Nigeria’s Ventures Platform Raises $84 Million to Back African Startups
August 26, 2026
Nigeria’s Ventures Platform Raises $84 Million to Back African Startups
Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies…
MTN Eyes Banking Licences as African Fintech Business Expands Into Lending
August 26, 2026
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
August 26, 2026
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
August 26, 2026
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
August 26, 2026
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
August 26, 2026
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
August 26, 2026
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
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
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
August 25, 2026
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…