Business & Economy

The Nigeria Deposit Insurance Corporation (NDIC) says it has paid N1.48 billion to no fewer than 10,312 insured depositors of the 47 newly failed Microfinance Banks (MFBs). NDIC ​‌‌‌⁠‍‍⁠⁠‍​‌‌⁠‍‍‍‌‌​in its...

When completed, the project is expected to take Nigeria's combined backbone from about 35,000 kilometres to around 125,000 kilometres and connect more than 200,000 schools, health facilities and other public...

The historic stock market debut of Nigeria's Dangote refinery was billed as an opportunity for investors across Africa to own a stake in the continent's largest refining complex and finance...

Nigeria's economy is expected to ‌grow by an average of 4.4% a year through 2028, with inflation and poverty declining if the government sustains reforms and improves service ​delivery, the...

The Securities and Exchange Commission (SEC) has assured operators in the FinTech and digital assets sector that its regulatory framework is designed to protect the market and foster growth, rather...

The Federal Government has inaugurated the 2026 oil and gas licencing round, offering 40 blocks across land, shallow water and deepwater terrains to local and foreign investors. Mrs. Oritsemeyiwa Eyesan,...

Nigeria's ​Dangote Petroleum Refinery is using Saudi ‌Aramco's blockbuster listing as a benchmark for its own IPO in terms of retail subscribers, Chief ​Executive David Bird said on Tuesday. Speaking...

Uganda's Capital Markets Authority has approved investors within the East African country to participate ​in the Dangote Petroleum Refinery's initial public ‌offering (IPO), a statement on X showed late on...

The African Union will launch the continent's first credit ​rating agency on Wednesday, seeking to provide an alternative to the "big three" global ‌ratings agencies as debt burdens weigh on...

Sen. Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), says Nigeria’s crude oil production has risen to 1.821 million barrels per day (bpd), reflecting improved regulations and upstream...