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Dangote signs $2.5 billion deal to build fertilizer plant in Ethiopia

August 28, 2025

FG blames multiple loan deductions for workers’ poor access to housing loans

August 27, 2025

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Business and economic news from Nigeria and around the world.

Stock market gains N110.7 billion on Friday trade session , Investors lose N153.6 billion on Monday as ASI dip 1.05% , Top Nigerian stocks, too cheap to ignore, Nigeria bourse crash analysis, Nigerian bourse loses N2 trillion in value in Q1 2020, as oil plunged 65% QOQ

NSE loses N2 trillion in value in Q1 2020, as oil plunges 65% QoQ

The market capitalisation of the Nigerian Stock Exchange, which represents the market value of all listed companies, lost about N2...

MTN introduces packages to address impact of COVID-19, FG denies issuing 5G license to telcos, despite MTN, Huawei's 5G-demo launch last year, MTN Nigeria Plc proposes a final dividend of N4.97, MTN Nigeria Profit increases by 8.9% to N76.3 billion in Q1 2020, MTN Nigeria Might be Revved Up About Its N100 Billion CP Issuance but Hidden Truths Lurk, MTN Nigeria posts N975.76 billion Revenue for Q3, 2020

COVID-19: MTN promises 300 free SMS per month

by Chike Olisah

MTN Nigeria Plc has just introduced new packages to support efforts to contain the spread of the Coronavirus disease in...

To protect margins, Nigeria’s top brewers are set to increase prices , Nigerian Breweries, Economy: Local corporates taking advantage of the low yield environment , Nigerian Breweries goes to the retail lab, Analysis: Nigeria Breweries, the glory days are gone

Nigerian Breweries to raise more funds

by Chike Olisah

Brewery giant, Nigerian Breweries Plc is set to launch series 7 and 8 Commercial Paper, barely two months after launching...

NGX closes positive with market capitalisation up by N533 billion

Top 10 Stockbrokers trade N391.9 billion in Q1 2020 despite bearish market

by Samuel Oyekanmi

Despite bearish market, the top ten stockbroking firms in Nigeria traded a total of N391.9 billion worth of shares between...

United Capital: The good and the bad, United Capital to host Industry leaders in Pan African e-Conference

United Capital Plc announces notification of Board meeting, closed Period

The Board of United Capital Plc. will meet in Lagos on Friday, April 17, 2020, to consider among other things...

British Airways, Delta Air Lines, others to sack employees as Coronavirus hits airline operators' revenue, British airways set to suspend 32,000 employees

British airways set to suspend 32,000 employees

by Chike Olisah

The airline industry was estimated to have lost between $63 billion and $113 billion worth of revenue as at March 5, 2020.

Internet World Stats, Nigerian Communications Commission remittance, Network operators in Nigeria, Telecoms companies in Nigeria, MTN Nigeria, Airtel Africa, Globacom data, 9mobile court case, Top 10 states in Nigeria with the highest Internet subscribers , Telecommunications: The bright spot in a fragile economy, Telcos add 5.64 million voice and data subscribers in Q3 2019 - NBS , Alleged N200bn Debt: EFCC, DSS to probe telcos, Network glitch, as poor internet speed continues to impede banking services, Telecoms record 725% increase in foreign capital investment, as GDP contribution hits N6 trillion, Coronavirus: Instant messaging platforms, Telcos raking in funds from the work-from-home policy, Telecoms: Bright spot amidst the gloom, Nigerians lambast MTN, Airtel for offering free SMS, ignoring request for free data, airtime

Nigerians pick on MTN, Airtel, request for free data, airtime not SMS

by Fakoyejo Olalekan

Some Nigerians took to Twitter to lament over the actions of MTN Nigeria and Airtel Nigeria demanding for more than...

Bulls lift Nigerian bourse up 0.10%, as trading volume picks up

April 2, 2020

The Nigerian bourse closed on Thursday slightly positive, as the All-Share Index / Market Capitalization surged by +0.10%.

Nigeria welcomes first Bitcoin ATM

April 2, 2020

Bitcoin ATMs have increased in popularity around the globe because of the easier options they provide to consumers in buying or...

Huawei's consumer business returns to growth after US sanctions