Ghana government misses GH¢4.89b Treasury Bill target
The Ghana government fell short of its Treasury Bill target, raising GH¢4 billion against a goal of GH¢4.89 billion in the latest auction.
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Boosted by FTSE Russell Reclassification, MTN, Others’ Market Value Up N93.6trn
Kayode Tokede Following FTSE Russell reclassification of Nigeria’s from unclassified to Frontier Market status in its interim review, the market valuation of MTN Nigeria Communications Plc Plc and 12 others
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Nigeria’s daily oil production rises 4.2% to 1.54mbpd — NUPRC
By Obas Esiedesa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said that Nigeria’s oil production rose by 4.2 per cent to 1.546 million barrels per day (mbpd) in March 2026, compared to 1.483 mbpd recorded in February. In its oil production status report released yesterday, the Commission said crude oil production (excluding condensate) increased by […]
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Dangote Sugar shareholders approve N500bn Rights Issue for strategic expansion
By Udeme Akpan Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand capital base, accelerate strategic initiatives, and aid its backward integration projects. The approval was given at the company’s 20th Annual General Meeting held yesterday in Lagos during which […]
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Inflation rise poses significant risks to business sustainability — LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has said that the uptick in inflation in the month of March poses significant risks to business sustainability. This is coming at the backdrop of the latest headline inflation figure which shows a rise to 15.38% in March 2026, up from 15.06% in February as reported by the National […]
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Tinubu approves $75m investment in Flutterwave ahead of IPO
President Bola Tinubu has approved a $75 million investment into Flutterwave as plans are nearing completion for the company’s initial public offering (IPO).
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