Business
Nigeria’s $2.35bn Eurobond Attracts Record $13bn Subscriptions
Nigeria’s $2.35 billion Eurobond draws over $13 billion in subscriptions, marking the country’s highest-ever global offer
6 November 2025
Investment
Business
Airtel Africa Declares Interim Dividend of $0.03 per Share
Airtel Africa declares an interim dividend of $0.03 per share as profit surges 352% in H1 2026, driven by growth in data and mobile money services.
5 November 2025
Business
Oyedele Defends Capital Gains Tax Policy, Says 80% of Investors Rated Engagement 9/10
Taiwo Oyedele defends Nigeria’s Capital Gains Tax reform, saying 80% of investors rated his engagement 9/10 despite dissatisfaction reports
28 October 2025
Business
Flutterwave Set to Raise $250 Million via IPO, Invites Nigerian Government to Invest $75 Million
Flutterwave plans to raise $250 million through an IPO, inviting the Nigerian government to invest $75 million a move that could redefine Nigeria’s fintech
20 October 2025
Business
FCMB Strengthens Capital Base with Listing of 3.16 Billion Additional Shares on NGX
FCMB Group Plc has listed 3.16 billion additional shares on NGX, boosting its market capitalization by N33.09 billion
30 September 2025
Business
Uber Injects N34 Billion Into Nigeria’s Economy in One Year, Report Shows
Uber contributed N34 billion to Nigeria’s economy in 2023, as drivers earned more and riders reported safety and convenience benefits
23 September 2025
Business
Holcim Exits Nigeria with $1 Billion Lafarge Africa Stake Sale to Huaxin Cement
Holcim has divested its Nigerian business, selling its 83.81% stake in Lafarge Africa PLC to Huaxin Cement for $1 billion, marking a strategic exit from Nigeria’s construction market.
30 August 2025
Business
Nigeria–China Maritime Strategy to Unlock $2 Billion Shipping Investment
Nigeria’s new maritime strategy with China targets $2 billion in vessel investment and over 2,000 jobs yearly.
7 August 2025
Business
BUA Cement Revenue Hits N876.5 Billion in 2024, Declares 94% Payout to Shareholders
BUA Cement’s revenue surged to N876.5 billion in 2024 as it ramps up capacity and expansion, declaring a 94% profit payout to shareholders at its AGM.
24 July 2025
Business
FCMB Backs $150m Louisville Tower In Eko Atlantic City
FCMB and TotalEnergies Cooperative are partnering to deliver Louisville Phase 1, a $150m sustainable mixed-use residential tower in Eko Atlantic City, Lagos.
21 July 2025
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