The African Voice for Everything Business
United Capital, the investment banking group led by billionaire Tony Elumelu, has purchased a 5% stake in Nigerian Exchange Group (NGX). The acquisition positions United Capital as a significant shareholder
Read More
Africa’s richest man and President of Dangote Group, Aliko Dangote, has revived plans to develop a major industrial and free trade zone in Olokola, Ondo State. The proposed project is
Read More
Dangote Group has unveiled plans to generate more than $4 billion annually in foreign exchange from fertiliser exports within the next three years. This initiative is anchored on a $600
Read More
The United Kingdom has named Peter Vowles as its next British High Commissioner to Nigeria. Vowles will succeed Dr Richard Montgomery and is expected to formally assume duty in September
Read More
Nigeria’s average daily natural gas production rose to 7.93 billion standard cubic feet per day in May 2026, showing a modest but important improvement in the country’s gas output. The
Read More