The long-awaited public ownership of one of Nigeria’s most significant industrial assets has begun, as the Dangote Petroleum Refinery and Petrochemicals FZE opened its Initial Public Offering (IPO) on the Nigerian Exchange, giving retail and institutional investors an opportunity to acquire a stake in the business. The offer, which opened on September 14, 2026, involves […]
Nigeria’s federal government has sharply increased its reliance on the domestic debt market, with borrowing from local investors reaching N24.7 trillion between January and August 2026, a 90.5 per cent increase compared with the N12.98 trillion recorded during the same period in 2025. The scale of the increase is raising fresh concerns about the availability […]
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Residents and business owners along Alakoso Avenue in Amuwo-Odofin Local Government Area of Lagos State are calling for immediate government intervention over the worsening condition of a major access road they say has become increasingly dangerous for motorists, commuters and pedestrians. The affected road, which stretches from Ijesha Express on the Oshodi-Apapa Expressway to the […]
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Traders operating at the Mowe-Ofada Market in Obafemi Owode Local Government Area of Ogun State have raised strong objections following the demolition of sections of the market, claiming the operation was carried out in the early hours of Friday without prior notice to affected shop owners. The incident has left hundreds of business owners counting […]
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United States President Donald Trump has confirmed that Washington will not move forward with an automatic renewal of the United States–Mexico–Canada Agreement (USMCA) ahead of the July 1 deadline, creating fresh uncertainty for businesses that rely on North American trade. Instead of extending the agreement for another full term, the Trump administration is expected to […]
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Elon Musk’s Wealth Skyrockets Past $400 BillionElon Musk, the CEO of Tesla and SpaceX, has seen his net worth surpass an astonishing $400 billion, according to the Bloomberg Billionaires Index. This milestone cements his position as the wealthiest individual on the planet. The dramatic surge in Musk’s wealth came after SpaceX and its investors agreed […]
