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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

Nigeria’s New Tax Regime Spares Bank Balances, says CITN

Nigeria’s new tax regime does not tax bank balances, applying only limited stamp duty on transfers while expanding protections for low-income earners, officials say.
Business

AA Rano Unveils Nigeria’s First Unmanned Fuel Stations

AA Rano is introducing Nigeria’s first automated fuel stations, enabling 24-hour self-service fueling and digital payments through locally developed technology.
Business

Indimi Gains $22 Million as Jaiz Bank Shares Rally in 2025

Mohammed Indimi added $22 million to his wealth after Jaiz Bank shares rallied in 2025, helped by renewed investor interest and a stronger naira.
Business

Nigeria SEC Plans Tougher Market Policing in 2026

Nigeria’s SEC says it will intensify market enforcement in 2026, using new legal powers to tackle abuse, improve transparency and strengthen investor confidence.
Business

Nigerian Stocks Top N100 Trillion as Buying Spree Lifts Confidence

Nigerian equities opened the week on a strong note, with NGX market capitalisation surpassing N100 trillion amid broad buying and improved investor sentiment.
Business

Rabiu’s Fortune Nears $10 Billion After BUA Rally

Abdul Samad Rabiu’s fortune climbs to about $9.7 billion as BUA Cement and Foods shares rally, pushing him closer to the $10 billion mark.
Business

Nigeria Petrol Price War Deepens as MRS Pushes Cuts

Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.
Business

Flutterwave Expands Beyond Payments With Mono Acquisition

Flutterwave’s acquisition of open-banking startup Mono signals a strategic shift toward data-driven fintech, targeting credit access and deeper financial infrastructure across Africa.
Business

Cosgrove Founder Gifts Staff ₦4 Billion Properties in Reward

Cosgrove Investment Limited founder Umar Abdullahi approved ₦4bn worth of company properties as gifts to staff, a rare employee reward that drew attention across Nigeria’s business community.
Business

Nigeria Petrol Supply Rises Despite Dangote Refinery Falling Short

Nigeria’s fuel regulator says petrol supply increased in November despite lower than expected output from the Dangote Refinery, with imports accounting for most of the surge.
Business

Former Governor Abdulaziz Yari Named Chairman of Geregu Power Following Otedola’s Exit

KEY POINTS Billionaire Femi Otedola has resigned as chairman of Geregu Power Plc after...
Business

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.
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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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