Nigerian Economy
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BUSINESS
Otedola Acquires N222.2bn First HoldCo Shares, Raises Stake to 25.88%
LAGOS, Nigeria: Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has acquired an additional 1.77 billion shares in…
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BUSINESS
Federal Government To Deploy 7 Million Electricity Meters Nationwide To End Estimated Billing
ABUJA, NIGERIA-The Federal Government has unveiled plans to deploy seven million electricity meters across the country as part of a…
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BUSINESS
Cooking Gas Prices May Drop to N900–N1,100 Per Kilogram by End of 2026, LPG Marketers Predict
LAGOS, NIGERIA — The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has expressed optimism that the retail price of…
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BUSINESS
Dangote Peugeot Nigeria: How Aliko Dangote Is Reviving Local Car Manufacturing
Peugeot Once Ruled Nigerian Roads For many years, Peugeot was one of the most popular car brands in Nigeria. Models…
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BUSINESS
TINUBU BOOSTS ECONOMY, SAYS SHETTIMA
Vice President Kashim Shettima says Nigeria is open for business. He spoke on May 22, 2026, during a meeting with…
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TRENDING
Zenith Bank Becomes First Nigerian Bank to Hit ₦5 Trillion Market Capitalisation in Historic NGX Milestone
NIGERIA— In a landmark achievement for Nigeria’s financial sector, Zenith Bank has officially crossed the ₦5 trillion market capitalisation threshold,…
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TRENDING
FAAC Shares Over ₦2 Trillion as FG, States and LGs Receive Major Revenue Boost in March Allocation
ABUJA, NIGERIA— Nigeria’s Federation Account Allocation Committee (FAAC) has once again distributed over ₦2 trillion to the three tiers of…
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BUSINESS
Nigeria’s Capital Inflows Jump 90% in 2025 as Foreign Investors Chase High Returns
Capital inflows into Nigeria jumped nearly 90% in 2025, driven overwhelmingly by foreign portfolio investment as investors returned to local…
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