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Markets
Seplat surge hands Tony Elumelu N680bn investment windfall
Just five months after executing a landmark $500 million acquisition to become Seplat Energy Plc’s single largest shareholder, billionaire investor Tony Elumelu is already reaping extraordinary rewards....
Economy
Nigeria's exporters pivot to China amid US uncertainty
Nigerian non-oil exporters are making a pivot to China as they look to escape a growing wave of United States trade uncertainty. With Washington turning up the heat on tariffs and Beijing rolling out the red carpet, the logic for local businesses is go wh...
Editor | Feb 26, 2026
Economy
CBN delivers cautious rate cut on election jitters
The Central Bank of Nigeria delivered a rate cut on Tuesday, but the 50-basis-point reduction to 26.5 per cent was more of a cautious nudge than the aggressive pivot many had anticipated, even as headline inflation slowed to an 11-year low....
Editor | Feb 25, 2026
Energy
Tinubu's petrodollar order faces legal, fiscal brickwall
When President Bola Tinubu signed Executive Order 9 directing that oil and gas revenues flow directly into the Federation Account, bypassing layers of deductions by the Nigerian National Petroleum Company Limited (NNPC), the announcement landed with the f...
Editor | Feb 24, 2026
Advertising
Businesses strained under advert regulator's vetting regime
Nine months after the Advertising Regulatory Council of Nigeria (ARCON) introduced additional vetting processes to curb the use of online adverts for scams, questions are arising whether the policy is achieving its intended aim....
Editor | Feb 24, 2026
Wealth
Dangote, Rabiu lead Africa’s billionaire gains in 2026 as wealth jumps $5bn
Nigeria’s stock market rally is boosting the fortunes of the country’s richest industrialists, with Aliko Dangote and Abdulsamad Rabiu recording the biggest wealth gains among African billionaires so far in 2026. Data compiled by BusinessDay from the Blo...
Editor | Feb 23, 2026
Economy
Naira rally lifts Nigeria stocks to Africa’s top spot
Nine months after the Advertising Regulatory Council of Nigeria (ARCON) introduced additional vetting processes to curb the use of online adverts for scams, questions are arising whether the policy is achieving its intended aim....
Editor | Feb 23, 2026
Markets
N8.14trn richer: Stock investors toast to biggest weekly gain in history
The Nigerian stock market has entered a historic super-cycle, recording an unprecedented N8.14 trillion gain in just five trading sessions to February 20. ...
Editor | Feb 21, 2026
Oil & Gas
Flush with oil revenues, Tinubu faces hardest test in fiscal discipline
Nigeria's three tiers of government are swimming in more oil money than they have seen in years. The harder question, one that has defeated administrations before, is whether they will spend it wisely....
Editor | Feb 20, 2026
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