Business
Bharti Airtel Targets 79% Ownership in Airtel Africa Through $2.9 Billion Transaction
June 22, 2026
Bharti Airtel Targets 79% Ownership in Airtel Africa Through $2.9 Billion Transaction
Bharti Airtel is moving to increase its ownership in Airtel Africa to 79 percent through a 282 billion-rupee ($2.9 billion)…
Nigeria Adds $1.69 Billion to External Reserves in Three Weeks
June 22, 2026
Nigeria Adds $1.69 Billion to External Reserves in Three Weeks
Nigeria’s external reserves increased by approximately $1.69 billion within three weeks amid growing improvement in the country’s foreign currency position.…
Dangote Refinery Accelerates Fuel Production with Increased Feedstock Procurement
June 22, 2026
Dangote Refinery Accelerates Fuel Production with Increased Feedstock Procurement
Dangote Refinery increased its use of imported refining inputs during the first five months of 2026 as the facility ramped…
Oil Prices Slide as U.S.-Iran Talks Ease Supply Concerns
June 22, 2026
Oil Prices Slide as U.S.-Iran Talks Ease Supply Concerns
Global oil prices moved lower on Monday as signs of progress in diplomatic negotiations between the United States and Iran…
Why OPay’s Planned U.S. IPO Could Redefine African Fintech Investment
June 22, 2026
Why OPay’s Planned U.S. IPO Could Redefine African Fintech Investment
The planned U.S. initial public offering of OPay is emerging as more than just another technology listing. If completed, the…
Aradel Holdings Reports ₦757.3 Billion Profit After Tax, Proposes ₦33 Per Share Dividend
June 22, 2026
Aradel Holdings Reports ₦757.3 Billion Profit After Tax, Proposes ₦33 Per Share Dividend
Aradel Holdings Plc has announced a record-breaking financial performance for the 2025 financial year, reporting a profit after tax of…
Dollar to Naira Trades at ₦1,390 as Naira Gains Ground in Parallel Market
June 22, 2026
Dollar to Naira Trades at ₦1,390 as Naira Gains Ground in Parallel Market
The Nigerian naira opened the week on a stronger note against the United States Dollar as the Dollar to Naira…
NGX Raises Trading Thresholds for Price Changes in Premium Stocks Under New Rule Amendments
June 19, 2026
NGX Raises Trading Thresholds for Price Changes in Premium Stocks Under New Rule Amendments
The Nigerian Exchange Limited (NGX) has introduced amendments to its dealing members’ rules that could significantly alter how share prices…
Nigerian Stock Market Loses ₦2.18 Trillion as Massive Dangote Cement Trade Rocks NGX
June 19, 2026
Nigerian Stock Market Loses ₦2.18 Trillion as Massive Dangote Cement Trade Rocks NGX
The Nigerian stock market recorded a sharp decline on Thursday as investors lost approximately ₦2.18 trillion amid heavy selling pressure…
Gas Exports Climb 13% as Nigeria Strengthens Non-Oil Revenue Base
June 19, 2026
Gas Exports Climb 13% as Nigeria Strengthens Non-Oil Revenue Base
Nigeria’s natural gas export earnings rose to $2.53 billion in the first quarter of 2026, reinforcing the sector’s growing importance…