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
FCMB Group Plc has listed 3.16 billion additional shares on NGX, boosting its market capitalization by N33.09 billion
Uber contributed N34 billion to Nigeria’s economy in 2023, as drivers earned more and riders reported safety and convenience benefits
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.
Nigeria’s new maritime strategy with China targets $2 billion in vessel investment and over 2,000 jobs yearly.
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.
FCMB and TotalEnergies Cooperative are partnering to deliver Louisville Phase 1, a $150m sustainable mixed-use residential tower in Eko Atlantic City, Lagos.
Stanbic IBTC shares jump 17% in July, crossing 71% year-to-date return. Strong Q1 results and a new China Development Bank deal boost investor confidence.
Dangote Cement shareholders approve N30 dividend per share for FY 2024, totaling N506bn payout. Company posts N209bn Q1 profit
Access Holdings, Zenith Bank, and First Bank may halt dividend payments until 2028, following a CBN directive aimed at strengthening capital
