Business
Dangote IPO: Vetiva emerges lead adviser
By Peter Egwuatu Vetiva Advisory Services Limited has emerged as Lead Adviser to the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), amidst several other
J.P. Morgan returns Nigeria to bond index after 11 years
•$17.47bn FGN debt eligible •Nigeria gets 7.4% weighting By Emma Ujah, Abuja Bureau Chief Nigeria is set to attract fresh foreign capital into its domestic debt market following the decision
Lagos ports handle 84.6% of Nigeria’s N41.4trn trade
By Efe Onodjae Lagos ports handled an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of 2026, Q2’26, underscoring
CSJ charges FG to release 2026 capital budget funds
…accuses NASS of oversight failure By Emma Ujah The Centre for Social Justice (CSJ) has urged the Federal Government (FG) to immediately commence the implementation of the 2026 Capital Budget,
FG signs N729bn Series-2 bond agreement with GenCos
By Folarin Kehinde, Abuja The Federal Government (FG) has signed the N728.979 billion Series-2 bond under its N4 trillion Power Sector Debt Reduction Programme, in a fresh move to settle
FG Signs 728.9bn Power Bond, Formalises Financing Deal to Offset Gencos’ Debt
• Oyedele says debt settlement must be backed by reforms, market discipline •NBET: It’s a milestone in efforts to address longstanding financial challenges •Two issuances raise combined N1.23 trillion within
11 Years After, Nigeria Returns to JP Morgan’s Global Bond Index
• New index covers 26 markets, with Nigeria attracting 7.4% weighting •FG: inclusion reflects growing investor confidence in current reforms Ndubuisi Francis in Abuja and Nume Ekeghe in Lagos Leading
EVN Expo Movedto November, Positions Nigeria’s Flagship E-mobility Platform Lagos
The EV Nigeria Expo & Conference (EVN Expo), Nigeria’s premier platform for electric vehicles and clean mobility, has announced that its 2026 edition will now hold on 25 and 26
Ibom Power Seeks N12bn Bailout as Crisis Cripple 191MW Plant
Peter Uzoho Akwa Ibom’s wholly-owned Ibom Power Plant is seeking between N10 billion to N12 billion bailout fund from the state government to avert a total collapse, as gas supply
Bongo Adi: Dangote Refinery Is Nigeria’s Second Global Value-Chain Breakthrough
Professor of Economics and Business Intelligence at Lagos Business School, Bongo Adi, has said that the Dangote Refinery has become Nigeria’s second major breakthrough in the global value chain after
