Business

Nigerian Bottling Company marks 75yrs, reaffirms commitment to Nigeria

By Tunde Oso Nigerian Bottling Company (NBC) Ltd, a member of the Coca-Cola HBC Group, has marked its 75th anniversary in Nigeria with a gala event held at the Conference Centre, Abuja. Reflecting on the company’s origin, Anastassis G. David, Chairman of Coca-Cola HBC, said: “In 1951, Anastasios Leventis negotiated the rights for the whole […]
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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), as the landmark offer opened for subscription on September 14, 2026.The IPO, which received the approval of the Securities and Exchange Commission (SEC), will involve the offer of […]

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 by global investment banking giant, J.P. Morgan, to return Federal Government of Nigeria, FGN, bonds to its Bond Index in its newly introduced Government Bond […]

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 the overwhelming dominance of the nation’s commercial capital as the country’s principal trade gateway. The latest Foreign Trade in Goods Statistics released by the National […]

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, warning that continued delays violate the provisions of the Constitution, the Fiscal Responsibility Act and the Appropriation Act. The demand was contained in an open […]

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 verified legacy debts owed to electricity generation companies and restore liquidity to Nigeria’s power sector. The transaction comprises N402 billion in cash bonds raised from […]

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