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Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
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Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.

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Business

Access Bank Acquires Standard Chartered Cameroon

Access Bank completes its takeover of Standard Chartered Cameroon, widening its regional network and driving stronger group performance across African markets.
Business

Nwanze Reflects on Crisis, Capital and the Future of African Energy

Sam Nwanze breaks down how Africapitalism, discipline, and financial innovation helped Heirs Energies navigate crises and chart a stronger future.
Business

Seplat Energy Boosts Output After Replacing Key Offshore Unit

Seplat Energy has completed a major inlet gas exchanger upgrade offshore Nigeria, boosting NGL output and strengthening its 2025 operational performance.
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NAFDAC Gains Full Membership in Global Drug Body

NAFDAC has secured full ICH membership, placing Nigeria among top global regulators and strengthening access to high-quality, safe and effective medicines.
Business

Starlink Global Rises as Key Player in Non-Oil Exports

Starlink Global export growth pushes Nigeria’s non-oil market forward as Adeniji Adeyemi expands cocoa operations into a $550 million export powerhouse.
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BUA Group Signs New Deal To Boost Rice Processing Capacity

BUA Group accelerates its food-sector growth with a new rice processing partnership, strengthening its expansion strategy across Nigeria’s manufacturing landscape.
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Court Pauses $111 Million Loan Case Involving Emeka Offor

A London court pauses the Emeka Offor loan dispute, giving Kaztec Engineering space to negotiate a path out of a $111 million debt clash.
Business

First HoldCo Partners With Microsoft to Advance Africa’s Innovation

The First HoldCo Microsoft partnership aims to accelerate innovation and expand technology access across Africa under Femi Otedola’s leadership.
Business

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.
Business

Ogbechie’s Eterna Stake Rebounds Above $20 Million

Eterna Plc shares have rebounded sharply on the Nigerian Exchange, lifting Chairman Gabriel Ogbechie’s stake back above $20 million after months of market losses.
Business

2Baba London Airport Altercation Resurfaces

Former manager Kaka Igbokwe confirms the viral London airport arrest video involving 2Baba and Natasha, reigniting widespread debate across social media.
Business

Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.
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News

Demand surges as Nigeria’s March bond auction oversubscribes

Nigeria's March FGN bond auction drew N931.5 billion in bids against a N750 billion offer, a 4.28 percent oversubscription.
News

Nigeria’s oil exploration plunges 45 percent in February

Nigeria's oil exploration contracted sharply in February 2026, with active rigs falling 45 percent to 22 from 40 in January.
News

Nigeria brings home 1,230 citizens stranded in Niger

Nigeria's Federal Government brought home 1,230 stranded citizens from Niger in March 2026, completing the evacuation in two airlifts.
News

OO Poly Aba launches EdTech and anti-drug drive

Ogbonnaya Onu Polytechnic Aba plans to introduce Educational Technology courses and partner with the National Drug Law Enforcement Agency to curb student substance abuse, Rector Christopher Okoro Kalu announced this week.

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