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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.

February 18, 2026

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.

February 18, 2026

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Business

Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...

January 19, 2026

Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

January 17, 2026

Business

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.

January 17, 2026

Business

Dangote Cement Rewards Top Distributors With ₦15 Billion Gifts

Dangote Cement celebrated its top distributors with ₦15bn in rewards at the 2026 Awards Night, recognising loyalty and highlighting the company’s Vision 2030 growth strategy.

January 16, 2026

Business

Paystack Enters Banking With Microfinance Acquisition

Nigerian fintech Paystack has entered banking after acquiring Ladder Microfinance Bank, aiming to close Nigeria’s SME financing gap and expand beyond payments into lending and deposits.

January 16, 2026

Business

Yari Takes Control of Geregu Power as FG Settle Sector’s Debts

Abdul-Aziz Yari has emerged as chairman and controlling shareholder of Geregu Power Plc, positioning the company for growth as the Federal Government begins settling long-standing power sector debts.

January 16, 2026

Business

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...

January 16, 2026

Business

Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.

January 15, 2026

Business

Nigerian Billionaires Lose Out as TotalEnergies Sells Oil Stake

TotalEnergies has agreed to sell its Nigerian oil stake to VAARIS Resources, ending a long divestment process that sidelined several billionaire-backed bidders.

January 15, 2026

Business

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.

January 14, 2026

Business

Nigeria, UAE Sign Landmark Trade Pact, Open Duty Free Access for Thousands of Products

KEY POINTS Nigeria and the UAE signed a Comprehensive Economic Partnership Agreement to deepen...

January 14, 2026

Business

Terra Industries Raises $11.75 Million to Scale Defense Systems

Terra Industries raised $11.75 million to scale African defense technology, expanding autonomous systems that secure power plants, mines and other critical infrastructure.

January 13, 2026