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AMNI Sends Drilling Rig to Okoro Field, Chases 12,000 Barrels Per Day

AMNI International has sent a drilling rig to its Okoro offshore field in Nigeria, targeting peak output of more than 12,000 barrels per day.
Business

Dangote Refinery Taps Three Banks for Record NGX Listing

Dangote Refinery has appointed three investment banks to lead what analysts say could become Africa's biggest-ever stock market listing.

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Business

Shell Nigeria Workers Protest Over Pay Dispute in Lagos

Shell Nigeria workers shut down the company's Broad Street office Tuesday, accusing management of pay discrimination against Nigerian staff.
Business

Tompolo Seeks to Retain N48 Billion Pipeline Protection Contract

Tompolo pipeline protection contract faces review as government weighs changes to Niger Delta oil security strategy.
Business

Dangote Set for N659 Billion Windfall From Cement Dividend

Dangote Cement dividend 2025 of N45 per share positions Aliko Dangote for a N659 billion gross payout following earnings growth.
Business

Seplat Revenue Jumps 144 Percent to $2.73 Billion

Seplat Energy 2025 revenue surged 144% to $2.73 billion as offshore assets boosted production and dividends rose 52 percent.
Business

BUA Cement Triples 2025 Profit to N356 Billion, Lifts Dividend

BUA Cement 2025 profit triples to N356 billion as revenue surpasses N1.179 trillion and board lifts dividend to N10 per share.
Business

Nigeria’s Economy Grows by 4.07% in Late 2025

KEY POINTS Nigeria’s economy grew 4.07% in Q4 2025, higher than 3.76% in Q4...
Business

Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.
Business

CAC Says Nigeria Competing Globally in Business Registration

CAC instant business registration system drives surge in incorporations as official calls for stricter crypto oversight.
Business

Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.
Business

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.
Business

Court Orders Oriental to Pay Indimi Daughters $43.51 Million

Court orders Oriental Energy to pay $43.51 million to Indimi daughters in a dividend dispute over offshore oil earnings and share ownership.
Business

MTN Nigeria Becomes Most Valuable Firm on NGX

MTN Nigeria market valuation hits $11.2 billion after a 19.45% share rally, overtaking BUA Foods and Dangote Cement on the NGX.
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Business

AMNI Sends Drilling Rig to Okoro Field, Chases 12,000 Barrels Per Day

AMNI International has sent a drilling rig to its Okoro offshore field in Nigeria, targeting peak output of more than 12,000 barrels per day.
Business

Dangote Refinery Taps Three Banks for Record NGX Listing

Dangote Refinery has appointed three investment banks to lead what analysts say could become Africa's biggest-ever stock market listing.
News

UNICAL Suspends Nine Students for Exam Cheating and Forged Results

The University of Calabar has suspended nine students over exam malpractice and result forgery, effective from the 2024/2025 academic year.
News

Abuja Airport Hits 10,000 Go Cashless Cards

Abuja's Nnamdi Azikiwe International Airport has registered over 10,000 Go Cashless cards since FAAN launched its cashless toll policy.

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