22+ hour, 19+ min ago   (424+ words) Cheap land on the outskirts of Lagos and Abuja will not necessarily translate to affordable homes because developers still have to absorb infrastructure, construction and financing costs, according to Michael Onyeachor, co-founder of Besitz Group Limited. Onyeachor said this during…...

1+ day, 1+ hour ago   (318+ words) Nigeria’s capital market is about to witness one of the most significant transactions in its history. The planned Initial Public Offering (“IPO”) of Dangote Petroleum Refinery and Petrochemicals FZE (“DPRP” or “Dangote Refinery”) brings to the Nigerian Exchange an enterprise…...

1+ day, 4+ hour ago   (734+ words) Financial market analysts have expressed differing views on the valuation of the Dangote Petroleum Refinery Initial Public Offering (IPO), while largely agreeing that the transaction is set to deepen Nigeria’s capital market and attract a new generation of investors. The…...

3+ day, 20+ hour ago   (483+ words) The Minister of Aviation and Aerospace Development, Festus Keyamo, has urged EgyptAir to replace its ageing aircraft serving Nigerian routes with newer-generation aircraft. The disclosure was contained in a statement issued on Thursday by the Special Adviser on Media and…...

3+ day, 22+ hour ago   (559+ words) Nine of Nigeria’s ten largest listed consumer goods companies generated less dollar revenue in 2025 than they did in 2022, the last full year before Nigeria’s foreign exchange reforms, even as their combined naira revenue nearly tripled and all ten delivered real…...

4+ day, 4+ hour ago   (513+ words) President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has declared that the forthcoming Initial Public Offering (IPO) of the Dangote Petroleum Refinery is deliberately structured to ensure that ordinary Nigerians can easily participate in the ownership of one…...

5+ day, 3+ hour ago   (1195+ words) Part II: The Doorway Is Visibility One of Africa’s greatest economic paradoxes is that millions of people are working every day, yet much of their work remains invisible. Across the continent, entrepreneurs are building businesses, serving customers, employing people, and creating…...

5+ day, 19+ hour ago   (463+ words) The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has denied the report of alleged under-remitted gas flare penalties contained in the Office of the Auditor-General of the Federation’s 2023/2024 Annual Report on Non-Compliance and Internal Control Weaknesses in Ministries, Departments…...

6+ day, 3+ hour ago   (388+ words) Eseka disclosed this on Monday at the signing ceremony for the refinery’s IPO, describing the digital-first approach as a deliberate move to widen access for Nigerians across the country. Eseka disclosed that upon successful completion, the offering will make Dangote…...

6+ day, 3+ hour ago   (476+ words) FTSE Russell has included six Nigerian companies in its FTSE Frontier 50 Index as Nigeria prepares to return to Frontier Market status after a three-year absence from the global index provider’s classification. The global index provider revealed this in its September…...