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Capital

Dangote Refinery Extends IPO to October 27 as African Investor Demand Surges

Dangote Petroleum Refinery and Petrochemicals has extended the closing date of its Initial Public Offering (IPO) to Tuesday, October 27, 2026, following approval...

Energy

FG to Clear Remaining Gencos Legacy Debts in 2027, Says Tegbe

BY NKECHI NAECHE-ESEZOBOR—The Federal Government on Monday  said it will clear the remaining legacy debts owed to power generation companies (Gencos) in 2027,...

Capital

Domestic Investors Fuel NGX 57% Surge as Foreign Participation Drops to 12.1%

BY NKECHI BAECHE-ESEZOBOR—Managing Director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede, said Nigeria’s equities market recorded a 57 per cent return in the first...

Money

Sanwo-Olu, Fashola, Key Policy Leaders Advocate for Alternative Finance as Nigeria’s Growth Engine

The Alternative Bank (AltBank), on Thursday, hosted investors, entrepreneurs, wealth creators and institutional decision-makers to a private intelligence forum held in Victoria Island,...

Capital

SEC Recommends Capital Market Financing for FCT Infrastructure

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has outlined how the Federal Capital Territory Administration (FCTA) can leverage...

Energy

Dangote Refinery completes landmark $2.5billion private Equity Placement

Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion in new equity,...

Capital

Oyedele Proposes Commercial Tribunal to Fast-Track Business Disputes

BY NKECHI BAECHE-ESEZOBOR-Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has advocated the creation of a specialised Commercial Dispute...

Capital

Nigeria, Rwanda Strengthen Financial Ties Through New Capital Market Partnership

BY NKECHI NAECHE-ESEZOBOR—The Securities and Exchange Commission (SEC) Nigeria and the Capital Markets Authority (CMA) of Rwanda have entered into a new Memorandum...