Tony Elumelu’s United Capital Acquires 5% Stake in NGX Group, Strengthening Nigeria’s Capital Markets
United Capital, the investment banking group led by billionaire Tony Elumelu, has purchased a 5% stake in Nigerian Exchange Group (NGX). The […]
Day: June 16, 2026
Dangote Revives Plan to Build Mega Free Trade Zone in Ondo State
Africa’s richest man and President of Dangote Group, Aliko Dangote, has revived plans to develop a major industrial and free trade zone […]
Dangote Targets $4 Billion in Annual Forex From Fertiliser Exports
Dangote Group has unveiled plans to generate more than $4 billion annually in foreign exchange from fertiliser exports within the next three […]
UK Appoints Peter Vowles as New British High Commissioner to Nigeria
The United Kingdom has named Peter Vowles as its next British High Commissioner to Nigeria. Vowles will succeed Dr Richard Montgomery and […]
Nigeria’s Gas Production Climbs to 7.93bcf/d in May 2026
Nigeria’s average daily natural gas production rose to 7.93 billion standard cubic feet per day in May 2026, showing a modest but […]