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News
Refinery shares could reach N10,000??? Dangote
22+ hour, 7+ min ago (433+ words) Aliko Dangote, President of Dangote Industries Limited, believes shares in Dangote Petroleum Refinery could deliver substantial gains for investors, saying the stock being offered at N525 could eventually trade at N10,000. The billionaire businessman also said the refinery’s IPO would give preference…...
Uber's exit is not your opportunity
1+ day, 6+ hour ago (616+ words) Uber switched Nigeria off on September 2, ending twelve years in a market it entered in 2014. As this newspaper reported, the wind-down was announced to customers and driver-partners by email, with the help centre left open until 23 September for final account…...
Dangote IPO stirs investment consciousness among Nigerians
1+ day, 8+ hour ago (1070+ words) By tomorrow, September 14, the Dangote Petroleum Refinery Initial Public Offering (IPO) will open to the public, marking one of the most significant attempts in recent years to draw Nigerian households into the capital market. The N2.15 trillion offer has already generated…...
PiggyVest, Chapel Hill Denham to bring Dangote Refinery IPO to Nigerians
3+ day, 13+ hour ago (343+ words) L - R Aliko Dangote, President and Chief Executive Officer of Dangote Group; Bolaji Balogun, Chief Executive Officer of Chapel Hill Denham; Joshua Chibueze, Co-founder and Chief Marketing Officer of Piggyvest, at the signing ceremony for the Dangote Refinery initial public…...
Six months into Nigeria???s tax reforms, businesses demand certainty
3+ day, 20+ hour ago (688+ words) Six months into Nigeria’s tax reforms, the Organised Private Sector is demanding greater clarity and predictability in tax administration as businesses adjust to the new regime. Speaking at the 2026 LCCI-OPS Stakeholders’ Forum on Emerging Tax Matters, Leye Kupoluyi, president of…...
'We were paying until unions derailed agreements,' Okonkwo defends airlines on TSC debts
3+ day, 22+ hour ago (673+ words) Obiora Okonkwo, the executive chairman of United Nigeria Airlines, on Thursday, dismissed allegations that domestic operators failed to remit the five percent Ticket Sales Charge (TSC) to the Nigeria Civil Aviation Authority (NCAA), insisting instead that Nigerian airlines had maintained…...
Obi to retain Tinubu???s floating naira policy if elected, says subsidy regime corrupted
3+ day, 21+ hour ago (315+ words) Peter Obi, presidential candidate of the National Democratic Congress (NDC), says he will retain the floating exchange rate regime introduced by President Bola Tinubu if elected president in 2027, but will focus on boosting productivity to strengthen the naira. Obi made…...
Ginger blight outbreak returns amid Nigeria's bid to rebuild $713m industry
4+ day, 9+ hour ago (643+ words) Ginger blight, a destructive fungal disease that wiped out farms in 2023, has resurfaced in Kaduna State, threatening ongoing efforts to rebuild the $713 million industry.3 Farmers in major growing areas in Kaduna – Nigeria’s largest producing state – said the fungus has been…...
Olam expands $150m Nigeria feed business into cattle market
3+ day, 23+ hour ago (667+ words) Olam Agri is expanding its Nigerian animal-feed business into cattle production with the launch of its “True Value” beef and dairy cattle feed, building on its $150 million investment in Nigeria’s animal-feed and poultry value chain as the company targets a…...