Dangote Refinery IPO: 10 steps to buy shares for N5,250
By Udeme Akpan, Energy Editor The proposed Dangote Petroleum Refinery and Petrochemicals Initial Public Offering (IPO) will allow investors to acquire shares in one of Africa’s biggest industrial projects, with the offer price set at N525 per share and the minimum subscription at 10 shares, costing N5,250. The offer is expected to open on September […]
Tinubu’s reforms push reserves to $54.13bn — O’tega Ogra
ABUJA — Nigeria’s gross foreign exchange reserves have risen to $54.13 billion, their second-highest level on record, according to O’tega Ogra, Senior Adviser on Digital and New Media to President Bola Tinubu. Ogra disclosed this in a post on his X handle on Monday, citing data from the Central Bank of Nigeria (CBN). According to […]
Nigeria’s trade surplus jumps 67% to N12.59trn in Q2’26
By Yinka Kolawole Nigeria’s merchandise trade surplus surged by 66.8 per cent quarter-on-quarter to N12.59 trillion in the second quarter of 2026, from N7.55 trillion recorded in Q1, as a sharp rise in exports widened the gap between the country’s earnings from exports and its import bill. In its foreign trade statistics report released yesterday, […]
Nwifuru’s comment: Ebonyi opposition won’t be intimidated – PDP
By Anayo Okoli ENUGU — The Peoples Democratic Party (PDP) Youth Leader in Ebonyi State, Engr. Kalu Francis Okechukwu, has condemned remarks attributed to Governor Francis Nwifuru, describing them as a threat to democratic principles. Nwifuru had, in a viral video, charged newly inaugurated local government chairmen not to allow opposition parties to win in […]
UNIZIK ASUU activates ‘no pay, no work’
By Vincent Ujumadu Nnamdi Azikiwe University branch of the Academic Staff Union of Universities, ASUU-NAU, has begun an indefinite strike over alleged incomplete August salary, saying it has activated ‘no pay, no work’ action in the institution. At its congress on Monday in Awka, the ASUU -NAU , resolved to withdraw its services in compliance […]
FG borrowing like drunken sailor despite revenue windfall – Atiku
By Omeiza Ajayi ABUJA: Presidential Candidate of the African Democratic Congress ADC, Atiku Abubakar, has accused the Federal Government of reckless borrowing despite a windfall in oil revenue, saying the administration of President Bola Tinubu has continued to pile up domestic debts at a time crude oil prices have soared well above the benchmark used […]
