The International Monetary Fund (IMF) has identified over-optimistic tax revenue projections, weak policy implementation and ...

Nigeria’s net foreign exchange (FX) flows rose to $22.50 billion in the second quarter of 2026, the highest level since the ...

The African Development Bank (AfDB) has raised $2.5 billion through a three-year global benchmark bond after investor orders reached $4.8 billion, nearly twice the amount issued.

Stanbic IBTC Holdings Plc’s eight subsidiaries with separately reported financial results generated a combined profit before ...

Shoprite Nigeria is planning to open standalone neighbourhood stores as part of efforts to revive its retail operations, moving away from its traditional reliance on large shopping malls.

The Nigeria Sovereign Investment Authority (NSIA) and its partners have awarded $277,000 to seven Nigerian startups through the fourth edition of the NSIA Prize for Innovation (NPI).

Africa Prudential Plc has reported a 34.79% year-on-year increase in profit before tax to N4.07 billion for the nine months ended September 30, 2026, compared with N3.02 billion in the corresponding ...

Geregu Power Plc has signed an agreement with Siemens Energy for three generator transformers to strengthen plant reliability, following a sharp decline ...

Trading turnover on the FMDQ Exchange reached N551.23 trillion in the first nine months of 2026, equivalent to $403.08 billion, with foreign exchange and Open Market Operations (OMO) bills accounting ...

Nigerian Exchange Group Plc (NGX Group) has reported an 83.29% year-on-year increase in group profit before tax to N20.58 billion for the nine months ended September 30, 2026, compared with N11.23 ...

Stanbic IBTC Pension Managers Limited recorded a profit before tax of N52.58 billion for the nine months ended September 30, 2026, making it the largest profit contributor among Stanbic IBTC Holdings ...

Madagascan billionaire Ylias Akbaraly, who transformed his family's detergent business into an international conglomerate spanning manufacturing, finance, aviation and broadcasting, is seeking a $450 ...