Business
Sanwo-Olu Hails MTN as Nigeria’s Largest Data Centre Launches in Lagos
Lagos Governor Sanwo-Olu hails MTN as it launches Nigeria’s biggest data centre in Lagos to power West Africa’s digital transformation
3 July 2025
Business
Business
Naira Appreciates Slightly Against Dollar as FX Reforms Sustain Currency Stability
The naira strengthened slightly against the dollar on the first trading day of July 2025, as Nigeria’s ongoing FX reforms
2 July 2025
Business
Dangote Refinery’s N720bn Distribution Plan to Save Nigerians Over N1.7trn Yearly
Dangote Refinery says its N720 billion investment in CNG trucks and free fuel delivery will save Nigerians N1.7 trillion yearly
30 June 2025
Business
Afreximbank Disburses $18.7 Billion to Boost African Trade and Industrialization
Afreximbank disbursed $18.7 billion in 2024 to support African trade, with leaders at its 32nd AGM in Abuja urging stronger institutions
26 June 2025
Business
Dangote Cement Declares N30 Dividend for 2024
Dangote Cement shareholders approve N30 dividend per share for FY 2024, totaling N506bn payout. Company posts N209bn Q1 profit
25 June 2025
Business
Nigerian Ports Authority Targets N1.28 Trillion Revenue in 2025
Nigerian Ports Authority sets a N1.28 trillion revenue target for 2025, led by ship dues and infrastructure upgrades, aiming for 40% growth
24 June 2025
Business
Banks Clear 95% of USSD Debt as Nigeria Moves to End-User Billing
Banks clear 95% of ₦180bn USSD debt, allowing telecoms to implement end-user billing. Customers will now pay USSD charges via airtime
20 June 2025
Business
GTBank Begins N6.98 USSD Charges Via Airtime
GTBank has started charging the ₦6.98 USSD fee from customers’ airtime instead of their bank accounts, following NCC and CBN directives
18 June 2025
Business
Access, Zenith, First Bank May Halt Dividends Until 2028 — Report
Access Holdings, Zenith Bank, and First Bank may halt dividend payments until 2028, following a CBN directive aimed at strengthening capital
17 June 2025
Business
China Grants Nigeria and 52 African Countries Full Duty-Free Market
China will now offer Nigeria and 52 other African nations zero-tariff access to its consumer market. The new policy boosts trade ties as US-Africa relations face uncertainty.
13 June 2025
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