Business

In what promises to be a defining moment in Africa’s capital market, Dangote Petroleum Refinery and Petrochemicals Limited formally began the process of launching its Initial Public Offering (IPO) with the signing ceremony for the offer of 4.1 billion ordinary shares, which is expected to open the doors of ownership …

Dr Taiwo Afolabi has called for greater investment, collaboration, and professionalisation of Nigeria’s creative industry, stressing that African indigenous knowledge must be transformed from cultural heritage into a sustainable source of innovation, economic value, and opportunity for future generations. Afolabi made the call at the 39th International Conference and 40th Annual General …

Financial literacy content aimed at young Nigerians has grown steadily in reach over the past few years, spanning podcasts, social media pages and, more recently, entertainment formats such as game shows. What is drawing closer attention now is not how many people are consuming this content, but how many are …

… Proposed 4.1 Billion Share Offer Could Raise Approximately ₦2.15 Trillion The Securities and Exchange Commission (SEC) has approved the commencement of the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE, paving the way for what could become one of the largest capital market transactions in Nigeria’s …

  PalmPay has launched ‘PalmPay Dey For You’, a customer-focused campaign reinforcing its commitment to secure, reliable, and accessible banking for millions of Nigerians. As conversations around the safety, stability, and reliability of financial institutions receive increased attention, PalmPay is reassuring customers that it remains committed to providing a dependable …

Nigerian technology startup, FlashNarrative, has launched an AI-powered brand intelligence platform designed to help organizations monitor reputation, understand media narratives and make faster, data-driven communication decisions. Co-founded by Elvis Ebenuwah, Toluwaninse Odewabi, Al-Hameen Mohammed and Michael Atuorah, FlashNarrative combines artificial intelligence, media monitoring and advanced analytics to provide organizations with a clearer …

Stanbic IBTC Insurance has successfully met and been verified as compliant with the new minimum capital requirements introduced under the Nigerian Insurance Industry Reform Act (NIIRA) 2025, marking a significant milestone in the company’s growth journey and reaffirming its position as one of Nigeria’s leading life insurance providers. The affirmation …

President and Chief Executive of Dangote Industries Limited (DIL), Aliko Dangote, has commended the Federal Government for implementing bold and transformative economic reforms that are repositioning Nigeria for sustainable growth, strengthening investor confidence, and accelerating the country’s economic recovery According to Dangote, the ongoing fiscal, monetary, and regulatory reforms have …

…Call for stronger support for indigenous manufacturers   Leading economists, financial experts and industry stakeholders have described the Dangote Group’s investments as major drivers of industrialisation and economic transformation across Nigeria and Africa, citing their impact on job creation, import substitution, foreign exchange conservation and economic competitiveness. The experts spoke …

Nigerian companies increased business activity at a much faster pace in August amid greater success in securing new orders. In turn, purchasing and employment also rose, although the pace of job creation was only muted. Meanwhile, inflationary pressures ticked higher. The headline figure derived from the survey is the Stanbic …