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Spotify CEO Daniel Ek to step down, names co-CEOs by January 2026

Guinness Plc Climbs, Capital Alliance Aradel Exit, PFAs Celebrate ‘Gold’ Gains

E1 boat race: Lagos to close 5 Cowries waterways from Oct 2

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Business and economic news from Nigeria and around the world.

Actis makes major investment in Rack Centre

Actis makes major investment in Nigerian data centre firm

by Chike Olisah

Actis, a leading investor of private capital, has made a major investment into one of Nigeria’s biggest data centre, Rack...

NAHCO retrieves Ethiopian Airlines handling deal

by NM Partners

The Nigerian Aviation Handling Company Plc has taken back the ground handling operations of Ethiopian Airlines Cargo and Mail Services,...

Dangote Group goes to Togo, sets up fertiliser and cement factories, Dangote cement to leverage on Togolese market to boost revenue, Dangote set to push investments in agriculture , Coronavirus: Dangote pledges over N200 million donation to FG,Dangote Cement woos investors with N100 billion issue

Coronavirus: Dangote pledges over N200 million donation to FG

by Chidinma Nwagbara

Alhaji Aliko Dangote has pledged a donation of N200 million to FG to help in containing the spread of the...

NSE goes public with 2.5 billion ordinary shares in unanimous vote by the members

NSE members approve demutualisation resolutions

by Titobioluwa Okunade

The Nigerian Stock Exchange (NSE) is going public listing with authorizing share capital of 1.25 billion consisting of 2.5 billion ordinary...

Nigeria will enjoy foreign investments before December, IMF predicts, IMF, World Bank to hold meetings via conference call over Coronavirus epidemic,Covid-19: IMF pledges to assist low-income member countries, Nigeria gets $3.4 billion disbursement from IMF, interest rate 1%

IMF, World Bank to hold virtual meetings over Coronavirus epidemic

by Chidinma Nwagbara

IMF and World Bank have announced that the meetings set for April 16-18 would be done in a virtual format...

DPR closes seven gas firms in Lagos, plans to close more

by Fakoyejo Olalekan

Seven gas plants and three retail outlets refilling Liquefied Petroleum Gas (cooking gas) cylinders in Lagos have been shut down...

Amid Coronavirus spread, Emirates Airline imposes compulsory unpaid leave on workers

Emirates Airline asks workers to embark on compulsory unpaid leave over Coronavirus spread

by Chidinma Nwagbara

Emirates Airline is asking some of its employees to take unpaid leave due to the spread of coronavirus that has...

Did Buhari bypass National Assembly as probe into Ajaokuta deal with Russian begins?, Buhari seeks speedy approval of the 2016/2018 external borrowing plan , Nigerians are enraged as lawmakers reject Innoson cars for latest Toyota Camry , Nigerians react as House of Reps suspend plenary for two weeks over Coronavirus fear, Reps to probe DStv, StarTimes for ignoring 'pay per view’ subscription, cheating Nigerians

Nigerians react as House of Reps suspend plenary for two weeks over Coronavirus fear

by Fakoyejo Olalekan

Reactions have trailed the decision of Nigeria's House of Representatives to suspend plenary for two weeks over fears of Coronavirus.

NDDC, Cash transfer, President Buhari, non-oil Exports, oil revenue, export revenue, FG Waives import duties for medical supplies, Orders Customs to expedite clearing, Presidency faults report on Kyari as Buhari didn’t cancel memos, appointments approved by him

South African economy falls into second recession in two years

by Fakoyejo Olalekan

Nigeria’s economy is now the largest in Africa after South Africa went into recession yesterday.

MTN Nigeria, MTN Nigeria Communications Plc. begins N100 billion commercial paper issuance today, MTN Nigeria Communications Plc: increase in other income, others boost revenues.

MTN Nigeria CEO reaffirms telco’s commitment to invest N600 billion on core CAPEX

by Emmanuel Abara Benson