Tinubu Says NNPC Shares Will Eventually Be Listed on Nigerian Stock Exchange
President Bola Ahmed Tinubu has disclosed that his administration’s economic reforms will eventually include the listing of shares of the...
Otedola Buys Additional N18.1bn First HoldCo Shares, Raises Stake to 26.1%
Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has increased his stake in the financial services group following...
Five Insurers Provide Updates on Recapitalisation as NAICOM Verification Continues
Five insurance companies have provided updates on their recapitalisation efforts, outlining varying stages of compliance with the National Insurance Commission’s...
Dangote Refinery Remains Europe’s Largest Jet Fuel Supplier for Second Consecutive Month
Dangote Petroleum Refinery & Petrochemicals remained Europe’s largest supplier of imported jet fuel for the second consecutive month in July,...
Nigerian Firms, Households Expect Inflation Pressure to Ease Over Next Six Months
Nigerian businesses and households expect inflation-related spending to ease over the next six months, although rising energy costs remain the...
South Africa Secures $500m AIIB Loan for Climate-Resilient Urban Development
South Africa’s government has signed a $500m sovereign-backed loan agreement with the Asian Infrastructure Investment Bank (AIIB) to strengthen climate-resilient...
South African Rand Gains as Gold Prices Rise Ahead of US Jobs Data
The South African rand strengthened slightly against the US dollar on Friday, supported by rising gold prices as investors awaited...
Oil Prices Rise as Strait of Hormuz Concerns Return
Oil prices extended gains on Friday as concerns over the reopening of the Strait of Hormuz intensified after Iran, in...
Lagos Poultry Farmers Seek Egg Powder Factory to Reduce Millions in Losses
Poultry farmers in Lagos State have appealed to the state government to fast-track the establishment of an egg powder factory...
FCMB Commits N20bn Healthcare Fund to Support Private Medical Businesses
First City Monument Bank (FCMB) has committed N20bn to finance private healthcare businesses in Nigeria as part of efforts to...
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