Nigeria’s average retail price for petrol fell by 11.18% year-over-year in October 2025, providing a significant, if possibly fleeting, moment
Africa Finance Corporation (AFC) has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility. The transaction marks AFC’s
Seplat Energy Plc has announced the successful completion of the Inlet Gas Exchanger (IGE) replacement project on its East Area
HH Capital Limited, the special purpose investment vehicle owned by Tony Elumelu, has increased its stake in Transcorp Power in
As of 2nd December 2025, the Nigerian Naira exhibited divergent movements against major currencies in different segments of the foreign
Belgian agribusiness giant SIAT NV has announced a $100 million investment into Presco Plc, one of Nigeria’s leading palm oil
Nigeria’s total public debt climbed to N152.39 trillion in the second quarter of 2025, rising from N149.38 trillion in the
As of 1st December 2025, the Nigerian Naira exhibited mixed movements across official and parallel market segments. In the parallel/black
Nigeria’s Debt Management Office (DMO) kicked off its monthly retail debt auction on Monday, inviting subscriptions for two Federal Government
The receiver has repossessed the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after the court of appeal issued
Nigeria’s national oil company, NNPLC is carrying crude-backed loan obligations estimated at ₦8.07tn, according to an analysis of the Nigerian
First HoldCo Plc has completed the divestment of its entire stake in FBNQuest Merchant Bank Limited, transferring 100% ownership to
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