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August 19, 2026 - 9:53 AM

Business

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EFCC Recovers $60m in Nestoil Debt Settlement

The Economic and Financial Crimes Commission, EFCC, has facilitated the recovery of $60 million from indigenous oil and gas company Nestoil Limited, with the...

Why Nigerians Loathe Tinubu

President Bola Tinubu’s economic reforms are facing growing criticism as Nigerians continue to struggle with higher food, transport, housing and energy costs more than...

AFC Leads $2.5bn Dangote Refinery Investment Deal

The Africa Finance Corporation has led a consortium of investors in a $2.5 billion equity investment in Dangote Petroleum Refinery and Petrochemicals, giving Nigeria’s...

Dangote Sugar Raises N498.57bn as Rights Issue Exceeds Target

Dangote Sugar Refinery Plc has raised N498.57 billion after its rights issue attracted subscriptions worth 102.6 per cent of the shares offered to investors. The...

Nigeria’s Food Inflation Climbs to 20.31% in July

Nigeria’s food inflation rate jumped to 20.31% in July 2026, reaching its highest level in 10 months despite a slowdown in overall inflation. According to...

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