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MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.
Business

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.

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Business

Nigerian Business Leader Adekunle Ojora Dies at 93

Nigerian business leader Adekunle Ojora has died at 93, closing a decades-long career that shaped corporate Nigeria and post-independence enterprise.
Business

Tinubu Reforms Deepen Stability, Federal Unity, Bagudu Says

Nigeria’s budget minister says Tinubu’s economic reforms are improving political coordination, stabilising markets and guiding development partnerships despite short-term hardships.
Business

Ex-Nigerian Oil Minister Faces Fresh Bribery Scrutiny in London

Former Nigerian oil minister Diezani Alison-Madueke faces renewed scrutiny in a London bribery trial over alleged luxury spending funded by oil industry figures.
Business

Dangote Names MTN Chief Mupita to Fertiliser Board

Dangote Industries has appointed MTN Group CEO Ralph Mupita to the Dangote Fertiliser board, signalling expansion plans and renewed IPO expectations.
Business

Mecure Industries Shares Surge, Lifting Udani Fortunes

Mecure Industries shares have surged nearly 239%, sharply increasing Udani family wealth and sparking debate over fundamentals and free float on the Nigerian Exchange.
Business

Dangote Seeks Congo Backing for Potash Mining Project

Aliko Dangote is exploring a potash mining project in Congo, seeking to strengthen fertiliser supply chains and extend his industrial footprint beyond cement.
Business

Unilever Nigeria Posts 44 Percent Revenue Growth in Results

Unilever Nigeria reported a 44 percent rise in turnover and a doubling of profit after tax, supported by strong brand demand and operational efficiency.
Business

Dangote Refinery Listing Could Double Nigeria Market Value

Bismarck Rewane says a Dangote Refinery listing could more than double Nigeria’s stock market value, marking a defining moment for the Nigerian Exchange.
Business

BlackRock Assets Reach $14 Trillion After GIP Deal

BlackRock said assets under management reached $14 trillion after record inflows, underscoring strong demand for its ETFs, cash products and infrastructure investments.
Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
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Latest articles

Business

MTN Agrees $6.2 Billion Deal to Buy IHS Holding

MTN IHS acquisition in a $6.2 billion all-cash deal would delist the tower operator and reshape Africa’s digital infrastructure landscape.
Business

Coleman Seeks N50 Billion in Commercial Paper For Expansion

Coleman commercial paper issuance of N50 billion will fund expansion and fibre optics growth as the Nigerian cable maker returns to debt markets.
Business

Dangote Predicts Naira Could Strengthen to N1,100 This Year

Dangote says a stronger naira could reach N1,100 per dollar this year as import controls and domestic production reshape Nigeria’s currency outlook.
News

CJN Warns Against Corruption Blanket Allegations

CJN cautions against blanket corruption allegations, insisting claims must be evidence-based as 14 new Federal High Court judges take oath.

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