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NGX trading remains bullish, as market capitalisation closes at N156.79trn
Trading, Wednesday, at the Nigerian Exchange (NGX) continued its bullish run as the all-share index (ASI) of listed equities closed higher by 0.31 per cent. Investor sentiment was strong, pushing market capitalisation up by N480.15 billion to close at N156.79 trillion…
Calls for accelerated implementation of ECOWAS airfare policy grows
Calls for the accelerated implementation of the recently adopted Economic Community of West African States (ECOWAS) airfare policy toward ensuring affordable intra-regional air transportation have continued to grow. Presently, air travel in the West African sub-region is by far more…
DMO revises Q2, 2026 NTBs, raising offer by 22% to N4.8trn
Debt Management Office (DMO) has increased its Nigerian Treasury Bills (NTBs) issuance programme for the second quarter of 2026 by approximately N850 billion, raising the total planned offer amount from N3.95 trillion to N4.8 trillion, according to an analysis of…
Heirs Energies deepens sustainability with Agbada Green Corridor initiative
In a demonstration of its growing commitment to environmental stewardship alongside energy development, Heirs Energies Limited has launched the Agbada Green Corridor Initiative, a tree-planting programme designed to promote biodiversity, enhance climate resilience and support environmental sustainability across its operational…
Standard Bank backs Dangote Refinery IPO, expansion
The planned public listing of the Dangote Petroleum Refinery has received a significant boost after Africa’s largest banking group signalled its readiness to play a leading role in the transaction while pledging continued support for the industrial giant’s expansion ambitions…
Renaissance CEO urges focus measurable reforms results
As Nigeria grapples with the challenges and opportunities arising from its ongoing economic reforms, the Managing Director and Chief Executive Officer of Renaissance Africa Energy Company Limited, Tony Attah, has argued that the success of those reforms should be measured…
Seplat Chairmanship cements Elumelu’s rising influence in Nigeria’s strategic sectors
Sopuruchi Onwuka The appointment of renowned investor and entrepreneur Tony Elumelu as Chairman-designate of Seplat Energy Plc marks more than a routine boardroom transition. It represents the latest milestone in the rapid expansion of his influence across Nigeria’s energy landscape…
Tony Elumelu Chairs the board, Okon runs the management of Seplat
Seplat Energy Plc has announced a major leadership transition, appointing leading African businessman and investor, Tony Elumelu, as its next Chairman and naming Engr. Effiong Okon as Chief Executive Officer. The appointments come as part of moves by Seplat to…
Kuwait bars Nigerians, 26 other nations from domestic jobs
Frank Okon Kuwait has introduced sweeping changes to its domestic worker recruitment policy, effectively excluding Nigeria and more than two dozen other countries from supplying labour to the Gulf state’s household services sector. Under a new circular issued by Kuwait’s…
GenCos reject FG’s N7trn resettlement plan, call for state of emergency in power sector
Federal Government’s debt owed to electricity generating companies (GenCos) have now reached N7 trillion, even as a planned resettlement option has been turned down by the operators, who insist on recovering their money. The GenCos have also called on government to…
