Conoil increased borrowings while Eterna raised equity and TotalEnergies cut debt as stronger earnings met elevated financing costs
Lagos Island rents soar in 2026, with two-bedroom apartments averaging ₦17.25m in Ikoyi as costs rise across four prime residential areas
Tanzania Dangote investments could expand into fertiliser, energy and infrastructure as Dar es Salaam seeks deeper industrial ties with Aliko Dangote
Naira Holds Steady around N1,367/$ as CBN interventions, strong reserves and market measures help support Nigeria’s foreign exchange stability
NDIC begins payouts to depositors of 46 failed microfinance banks following CBN licence revocations, while pursuing loan recoveries and asset sales to settle uninsured deposits
Heirs Energies doubles crude output to 55,000bpd in five years, driven by stronger security, reforms and increased indigenous participation in oil production
Airtel Africa share capital update changes voting rights figures after treasury shares and buyback adjustments affect shareholder reporting
BUA Foods assets rise to N1.67tn in H1 2026 as profit grows despite lower revenue, with the company expanding food production capacity
Dangote begins an $800m Itori cement expansion project to double production capacity, strengthen exports and support Nigeria’s industrial growth
TotalEnergies Renewable Energy Deal expands the company’s European wind and solar portfolio through Shell asset acquisition