Nigerian stocks ended the week to October 2 lower as investors reduced positions after gains in recent weeks. The NGX All-Share Index fell 0.52% to 250,808.27 points, while equity market capitaliza…
Nigeria’s economic activity expanded for the fourth consecutive month in September, with the composite Purchasing Managers’ Index (PMI) rising to 53.0 points. This reading confirms that stronger in…
The Nollywood film Black Market has officially broken a Guinness World Record for the largest movie screening, drawing over 51,000 viewers to a single event in Lagos. Omowunmi Dada, the fi…
Dangote Petroleum Refinery and Petrochemicals has launched an initial public offering, opening ownership stakes to Nigerian investors. The company is offering 4.1 billion ordinary shares at N525 ea…
African startups are generating profits but continue to face significant difficulties in securing external financing. This funding gap stems from a shortage of businesses that investors can easily …
Former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, will examine the role of ports and the media in Nigeria’s drive towards a dollar eco…
Nigeria’s National Information Technology Development Agency, the Nigeria Data Protection Commission, and Galaxy Backbone have officially confirmed their backing for CyFrica 2026, marking the retur…
The Central Bank of Nigeria confirmed that commercial banks have closed 476 branches over the last three years, a strategic move to redirect capital toward digital infrastructure and away from expe…
The National Theatre has officially opened its doors to a two-day creative economy summit in Kano, marking the first time the institution has hosted this specific gathering outside of Lagos. The pr…
Muraina Nojeem, father of the viral "Korporate Meat Seller" Akeem Muraina, has confirmed that his son’s formal education and disciplined upbringing directly transformed their family butchery busine…
Dangote Refinery officially initiated its Initial Public Offering signing ceremony in Lagos, confirming the minimum subscription threshold of $1.6 billion for the nation’s largest industrial asset.…
Eloho Omame, partner at TLcom Capital, has revealed that ten years and $100 million in investment have not solved the fundamental scaling problem for African startups. The firm’s extensive experien…
