Business

NSIA Awards $275,000 to Nigerian Startups, Offers $1.5 Million Growth Funding

NSIA Awards $275,000 to Nigerian Startups, Offers $1.5 Million Growth Funding

The Nigeria Sovereign Investment Authority (NSIA) has awarded $275,000 to innovative Nigerian startups with selected businesses also eligible to access…
Latest Black Market Dollar to Naira Exchange Rate Today, Tuesday, October 27, 2026

Latest Black Market Dollar to Naira Exchange Rate Today, Tuesday, October 27, 2026

The Dollar to Naira exchange rate in Nigeria’s black market stood at approximately N1,375 for buying and N1,390 for selling…
Meta Targets Record $97.5 Billion Fundraising to Finance Artificial Intelligence Expansion

Meta Targets Record $97.5 Billion Fundraising to Finance Artificial Intelligence Expansion

Meta Platforms is seeking to raise as much as $97.5 billion through equity financing as the Facebook and Instagram parent…
Honeywell Introduces Industrial AI at Dangote Refinery, Targets $60m Annual Efficiency Gains

Honeywell Introduces Industrial AI at Dangote Refinery, Targets $60m Annual Efficiency Gains

Honeywell Technologies has introduced an industrial artificial intelligence platform at the Dangote Petroleum Refinery in Lagos to target more than…
Oil Prices Rebound as Saudi Attacks Offset US-Iran Peace Hopes

Oil Prices Rebound as Saudi Attacks Offset US-Iran Peace Hopes

Crude oil prices recovered from earlier losses on Tuesday as renewed attacks on Saudi Arabia and continued disruptions to Middle…
NGX Gains N2.64 Trillion in One Day as All-Share Index Jumps 1.65%

NGX Gains N2.64 Trillion in One Day as All-Share Index Jumps 1.65%

The Nigerian Exchange (NGX) market gained approximately N2.64 trillion in market value on Monday as the benchmark All-Share Index jumped…
Dangote Cement Jumps 10% to N1,222.10 as NGX Gains N2.64 Trillion

Dangote Cement Jumps 10% to N1,222.10 as NGX Gains N2.64 Trillion

Dangote Cement Plc shares jumped 10 percent to N1,222.10 on Monday as the Nigerian equities market added approximately N2.64 trillion…
Unilever Nigeria’s Nine-Month Profit Rises 20% to N26.40bn as Revenue Hits N184bn

Unilever Nigeria’s Nine-Month Profit Rises 20% to N26.40bn as Revenue Hits N184bn

Unilever Nigeria Plc recorded a 20.1% increase in profit after tax to N26.40 billion for the nine months ended September…
Unilever Nigeria Declares N2 Interim Dividend as Nine-Month Profit Rises 20% to N26.40bn

Unilever Nigeria Declares N2 Interim Dividend as Nine-Month Profit Rises 20% to N26.40bn

Unilever Nigeria Plc has declared an interim dividend of N2 per ordinary share for the nine months ended September 30,…
NGX Group’s Nine-Month Profit Surges 86% to N14.69bn as Revenue Hits N27.26bn

NGX Group’s Nine-Month Profit Surges 86% to N14.69bn as Revenue Hits N27.26bn

Nigerian Exchange Group Plc recorded an 86.4% increase in profit after tax to N14.69 billion for the nine months ended…
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