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Business & Economy

NBS reports sustained slowdown in inflation as Nigeria records 18.02% rate in September

Nigeria’s headline inflation rate fell to 18.02 percent in September 2025, marking a continued slowdown in price increases, according to the National Bureau of...

Dangote Refinery denies mass sack, says reorganisation targets sabotage

The management of Dangote Petroleum Refinery has dismissed reports that it embarked on a mass layoff, clarifying that only a small number of employees...

FirstBank charts new path for non-oil exports at Agric and Export conference 

Nigeria’s biggest financial inclusion service provider, is First Bank Nigeria Limited is set to organize the 2025 edition of the FirstBank Agric and Export...

9mobile rebrands, now called T2

Nigeria’s fourth-largest telecoms operator, 9mobile, has unveiled a new brand identity, T2, as part of efforts to revive its market presence and digital focus.The...

FG, First Holdco deny share sales claims involving Otudeko, Odukale

The Nigerian Government has denied its involvement in recent acquisitions of shares in First Holdco PLC, in which saw 10.43 billion shares of the financial...

MTN, NDA, six universities, 16 others exit National Grid, to generate own electricity

Telecom giant, MTN Nigeria PLC; Kaduna-based premier military institution, the Nigeria Defence Academy, NDA; six federal universities and 16 other companies have obtained regulatory...

GTCO makes history, becomes Nigeria’s first financial institution to list on London Stock Exchange

Guaranty Holdings Company, GTCO), Nigeria’s biggest financial institution by market value, made history on Wednesday morning as it listed it’s 36.4 billion ordinary shares...

Amid controversy, AMCON announces sale of Ibadan Power DisCo for N100bn

The Asset Management Company of Nigeria (AMCON) on Thursday disclosed that the Ibadan Electricity Distribution Company (IBEDC) has been sold. AMCON Managing Director (MD) and...

Tinubu confers GCON title on outgoing Afrexim bank chief Benedict Oramah

President Bola Tinubu Friday in Abuja conferred the national honour, Grand Commander of the Order of the Niger (GCON), on President and Chairman of...

SEC imposes three-year break period for CEOs transitioning to chairman

The Securities and Exchange Commission (SEC) has introduced new governance measures aimed at enhancing corporate oversight and ensuring a distinct separation of roles within...

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