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Category: Business

Eko Atlantic Real Estate Soars, Plots Hit ₦2bn – Report
Business

Eko Atlantic Real Estate Soars, Plots Hit ₦2bn – Report

Aaron otomofaJuly 19, 2025

A plot of land in Eko Atlantic, which was valued at around N180m in the early 2000s, has now skyrocketed…

Otudeko Exits First Holdco with Massive N323bn Share Sale
Business

Otudeko Exits First Holdco with Massive N323bn Share Sale

Aaron otomofaJuly 17, 2025

A key shareholder in Nigeria’s oldest banking group, First Bank Holding Company Plc (First Holdco), Oba Otudeko, has exited the…

Nigeria Records $527m Decline in Exports to US Over Trade Frictions
Business

Nigeria Records $527m Decline in Exports to US Over Trade Frictions

Aaron otomofaJuly 14, 2025

The trade relationship between the United States and Nigeria has suffered a significant setback, as official data from the US…

GTCO Plans $100M Capital Raise, Eyes London Stock Exchange Listing
Business

GTCO Plans $100M Capital Raise, Eyes London Stock Exchange Listing

Aaron otomofaJuly 3, 2025

Guaranty Trust Holding Company Plc has announced plans to raise approximately $100m through a fully marketed equity offering and transition…

Oil Prices Flunctuates as Middle East Tensions and Trade Disputes Escalate
Business

Oil Prices Flunctuates as Middle East Tensions and Trade Disputes Escalate

Aaron otomofaJune 17, 2025

Oil prices and equities fluctuated Tuesday as investors weighed Donald Trump called for Tehran residents to evacuate and hopes that…

Afreximbank Chief Urges End to Capital Flight from Africa
Business

Afreximbank Chief Urges End to Capital Flight from Africa

Aaron otomofaJune 16, 2025

The President and Chairman of the Board of Directors of Afreximbank, Prof. Benedict Oramah, has stated that Africa will remain…

Labubu Creator Wang Ning Enters China’s Billionaire Elite With $22.7 Billion Fortune
Business

Labubu Creator Wang Ning Enters China’s Billionaire Elite With $22.7 Billion Fortune

Aaron otomofaJune 16, 2025

Wang Ning, founder and CEO of Pop Mart International Group, has broken into China’s top 10 richest individuals for the…

FG to Attract Private Investment for Infrastructure at 2025 PPP Summit
Business

FG to Attract Private Investment for Infrastructure at 2025 PPP Summit

Aaron otomofaJune 10, 2025

The Federal Government will host a landmark Public-Private Partnership Summit in Abuja from June 17 to 18 as part of…

Stocks Increase as US And China Trade Talk Progresses Into The Second Day
Business

Stocks Increase as US And China Trade Talk Progresses Into The Second Day

Aaron otomofaJune 10, 2025

Stocks mostly rose on Tuesday as the latest round of China-US trade talks entered its second day. One of Donald…

Petrol Should Be Under N800/Litre, Marketers Tell Dangote Refinery
Business

Petrol Should Be Under N800/Litre, Marketers Tell Dangote Refinery

Aaron otomofaJune 9, 2025

The Independent Petroleum Marketers Association of Nigeria has said the Dangote Petroleum Refinery should sell Premium Motor Spirit (petrol) below…

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