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September 22, 2026 - 7:36 AM

Business

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PHCN Pension Arrears: FG Completes N18.96bn Payment to 3,958 Retirees

The Federal Government, through the Pension Transitional Arrangement Directorate (PTAD), has completed the payment of N18.96 billion in outstanding pension arrears to 3,958 former...

Investors Gain N1.1tr In Three Days As Stocks Rise Despite Dangote IPO

Investors in the Nigerian equity market added N1.1 trillion in three-day trading despite the hostile Dangote Petroleum Refinery’s initial public offering.   The market value increased...

Dangote: Call Me ‘Wealthiest,’ Not ‘Richest’ in Africa

Aliko Dangote, chairman of Dangote Group and Africa's richest man, told an audience in Lagos on Monday that he no longer wants to be...

Food Inflation Remains High At 19.57% Despite Easing Pressure

Nigeria’s food inflation rate was 19.57% year-on-year (YoY) as of August 2026, down from a huge jump in the previous month.   The consumer price index...

Dangote Reveals Who Could Eventually Take Over His Business Empire

Aliko Dangote has said having a son to inherit his business empire is not a priority, insisting that his three daughters are capable of...

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