Economy

NGX Group appoints Olaniyan as Group Chief Strategy Officer

Nigerian Exchange Group Plc (NGX Group) has appointed Jumoke Olaniyan as Group Chief Strategy Officer, further strengthening its executive leadership…

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Dangote Cement targets more African expansion after record N1trn profit

Dangote Cement Plc, Africa’s biggest cement maker, is doubling down on its expansion plans across the continent, including South Africa,…

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Nigeria’s net reserves surged nearly 9-fold to $34.8bn in just two years

Nigeria’s net external reserves surged by 772.18 percent in two years to $34.80 billion at the end of 2025 from…

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Aradel, Dangote Cement, NGX Group power market’s N1.72trn gain

The Nigerian stock market has entered a fresh phase of bullish expansion, as a powerful combination of corporate heavyweights propel…

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Stable naira boosts Nigeria’s PMI to two-month high

…Nigerian economy to grow by 3.86% in Q1 Nigeria’s private sector returned to expansion in February, as improved exchange rate…

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Dangote Cement: N760bn final dividend payout highest in history

Dangote Cement Plc has announced a historic final dividend payout of N760 billion for the 2025 financial year, rewarding shareholders…

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UK’s Lebara enters Nigeria market, pledges affordable, innovative services

United Kingdom-based telecoms group, Lebara Group, has formally signalled its entry into the Nigerian market with a soft launch and…

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Oil surges toward $80 as Middle East conflict rattles global markets

Oil prices jumped sharply on Monday, and equities fell across major markets as the military conflict between the United States,…

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Dangote refinery chooses Stanbic IBTC, Vetiva Capital Management, and First Capital

The Dangote Group has appointed three investment banks to lead what could become the largest equity offering in African capital…

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FG partners AFC on $1.3bn alumina project to boost solid minerals sector

The Federal Government, through the Solid Minerals Development Fund (SMDF), has signed a Memorandum of Understanding (MoU) with the Africa…

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