Nigerian billionaires gained a staggering ₦11.36 trillion from stock-market investments in 2025, driven by one of…
Category: Business
Meta Acquires AI Startup Manus in $2 Billion Deal to Advance AI Technology
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has announced the acquisition of Manus,…
Heirs Energies Acquires 20% Stake in Seplat from French Firm
Heirs Energies, an indigenous integrated energy company, has acquired the entire 20.07 percent equity stake (120.4…
Nigeria’s Private Sector Records Strongest Growth of 2025 as PMI Climbs to 57.6 in December
Nigeria’s private sector posted its most robust performance of 2025 in December, as economic activity accelerated…
NDIC Raises Alarm Over Policy Impact on Deposit Insurance Fund Growth
The Nigeria Deposit Insurance Corporation (NDIC) has warned that mandatory fiscal deductions, especially the 50 per…
NGX Nears ₦150 Trillion Market Cap as Chairman Unveils 2026 Roadmap
The Nigerian Exchange (NGX) Group is gearing up for a transformative 2026 as the country’s capital…
Fast Credit Gains Dual Rating Upgrades Amid Strong Financial Performance
Fast Credit Finance Company Limited has secured two significant credit rating upgrades, reinforcing its credibility in…
Yari Appointed Chairman of Geregu Power as Otedola Exits
Geregu Power Plc has appointed former Zamfara State Governor and Senator representing Zamfara West, Abdulaziz Yari,…
Silver Soars 18% in Historic Christmas Week, Outpacing Gold
Silver surged over 18% this week, marking its best Christmas-week performance ever and outpacing gold, closing…
SEC: Over ₦753bn Raised Through Commercial Papers in Seven Months
Nigeria’s capital market has raised more than ₦753 billion through commercial paper (CP) issuances between April…