News
Dangote Signs IPO Papers for Africa’s Biggest Share Sale
Dangote Refinery IPO opens Sept 14 with shares at ₦525 in Africa’s largest share sale.
Michael AdelekeSep 8, 2026
Editorial
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Artificial Intelligence
Four AI labs priced frontier models four different ways
Four frontier AI models launched in 72 hours with cached-input pricing ranging from $0.075 to $1.00 per million tokens. Here’s what the price gap means for companies running AI agents.
Adewale AmureSep 7, 2026
News
FG wants manufacturers in 15 markets few ever tap
Nigerian factories hold duty-free access to 15 ECOWAS markets worth billions, but most manufacturers have never heard of the scheme that opens the door.
Peace LongeSep 7, 2026
News
Nigeria’s top firms post ₦3trn profit but are owed more
Nigeria’s 18 biggest listed companies earned ₦3.02 trillion in H1 2026, yet their customers still owe them ₦4.83 trillion in unpaid invoices that have yet to convert to cash.
Hillary RemySep 5, 2026
News
Dangote Refinery’s ₦2.15trn IPO hits a milestone
Nigeria’s SEC has approved Dangote Petroleum Refinery’s public share sale, putting the order book for 4.1 billion shares on course to open within days.
Damilola EsebameSep 5, 2026
News
MTN’s Dioum targets nearly 250 million untapped MoMo users
Serigne Dioum wants to convert MTN’s 317 million telecom subscribers into active MoMo financial services users through lending, merchant payments, and ecosystem partnerships.
Tobi Opeyemi AmureSep 4, 2026
News
Dangote sets Africa’s $5bn IPO on a countdown
Dangote’s 650,000-barrel-per-day refinery is about to test Africa’s capital markets with a $5 billion public offering that could reshape the continent’s investment landscape.
Damilola EsebameSep 4, 2026
News
Bolt responds as Uber’s 12-year Nigeria run ends
Bolt vows to stay in Nigeria after Uber’s sudden exit, but the same cost pressures that pushed its rival out have not gone anywhere.
Peace LongeSep 3, 2026
News
Nigeria pulls 60% of its foreign tech money from the US
A single number from the new U.S. consul general in Lagos reveals just how much American tech money powers Nigeria’s startup machine.
Tobi Opeyemi AmureSep 3, 2026
News
Uber ditches Nigeria in third African exit in a year
Uber ends 12 years in Nigeria as the ride-hailing giant cuts 3,300 jobs and shrinks its African presence to just four countries.
Hillary RemySep 2, 2026
News
Seplat eyes a $410M dividend bonanza for 2026
Seplat’s planned 2026 payout would represent close to half of every dollar the company has ever returned to shareholders.
Peace LongeSep 2, 2026
News
FG targets 1,000 CNG stations after $2bn private surge
CNG investment in Nigeria has crossed $2 billion and converted 120,000 vehicles, but the real test of whether cheaper fuel means cheaper fares starts now.
Hillary RemySep 2, 2026
Personal Finance
How much you really need to retire comfortably
A single formula can tell you whether your retirement plan will actually hold up or fall short.
Funso LawalSep 1, 2026
News
Dangote lifts Nigeria refining to record 43.94% in Q2
Dangote Refinery pushed Nigeria’s oil refining growth to its highest print under the rebased GDP series, fresh NBS data confirms.
Damilola EsebameSep 1, 2026
News
Paystack snaps up card fintech in unannounced deal
Paystack has absorbed a Nigerian card-issuing startup it bought in 2025, its third acquisition in 18 months.
Hillary RemySep 1, 2026
News
Nigeria’s 4.43% GDP tells two very different stories
Nigeria posted its strongest second-quarter GDP growth in five years, but the headline hides a sharp sectoral split that could shape the economy for the rest of 2026.
Peace LongeSep 1, 2026
News
Moove’s next chapter after 76 Lagos vehicles is massive
Moove pulled off the largest single funding round by an African startup in 2026, and it is betting everything on robotaxis.
Damilola EsebameAug 31, 2026
News
Yellow Card’s new backers reveal where payments go next
Yellow Card just closed a $40 million round, but the investor names on the cap table tell a bigger story about where global payments are heading.
Tobi Opeyemi AmureAug 31, 2026
News
OPay plans historic NGX listing amid a much larger play
OPay is reportedly preparing to list shares on the Nigerian Exchange, a move that could deliver the first technology IPO since the bourse’s Tech Board launched in 2022.
Hillary RemyAug 31, 2026
News
Moniepoint’s UK exit should rattle African fintech
Moniepoint pulled MonieWorld from the UK remittance market after roughly 16 months, and the retreat carries uncomfortable implications for every African fintech eyeing international expansion.
Hillary RemyAug 28, 2026
News
Aradel surges 5.7% as NGX selloff claims another ₦443bn
Aradel Holdings snapped a brutal two-day losing streak on August 21, but the broader Nigerian equities market kept sliding for a ninth straight session.
Damilola EsebameAug 22, 2026
News
Fidelity Bank drops 2.44% as NGX sell-off drags on
Fidelity Bank slid to ₦20.00 a share as the Nigerian Exchange extended a brutal losing streak that has now erased nearly ₦6 trillion in market value.
Peace LongeAug 22, 2026
News
NESG sees Nigeria’s reserves climbing to $53bn
The NESG projects external reserves will reach $53 billion by December 2026, but 15.5% inflation and a shrinking factory sector could test the momentum.
Hillary RemyAug 21, 2026
News
Conoil drops 10% as selling pressure sweeps across NGX
Conoil fell to ₦189 per share as the Nigerian Exchange posted its eighth straight session of losses, erasing trillions in market value.
Hillary RemyAug 21, 2026
News
Dangote offers 30% stake to three East African nations
Dangote is carving out a $1.5 billion slice of his planned Kenyan mega refinery for regional governments eager to buy in.
Damilola EsebameAug 21, 2026
News
Dangote raises petrol by ₦20 yet still undercuts rivals
Dangote Petroleum Refinery hiked its wholesale petrol price for the first time in weeks. Rival depots across Lagos are still charging more per liter despite the ₦20 increase.
Damilola EsebameAug 21, 2026
News
TotalEnergies Nigeria drops 10% in one session
TotalEnergies Marketing Nigeria hit the NGX daily price floor as the broader market logged its longest losing streak of 2026.
Peace LongeAug 21, 2026
News
Sterling draws 185,000 shares as NGX sentiment sours
Sterling Financial Holdings drew over 185,000 shares on August 19 without budging from ₦7.75, while the Nigerian Exchange shed ₦556 billion in its seventh straight session of losses.
Damilola EsebameAug 20, 2026
News
UBA’s half-year results await CBN’s green light
UBA approved its H1 2026 audited financials on August 13, but the numbers remain sealed until the Central Bank of Nigeria clears them for release.
Hillary RemyAug 20, 2026
News
Oyedele breaks down where Nigeria’s ₦15.8tn went
Oyedele’s reform scorecard shows the Federal Government kept only ₦5.43tn of the ₦15.8tn in subsidy savings while spending pressures ballooned to ₦30.64tn
Damilola EsebameAug 20, 2026
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