30 results
- 25 Dec 2017
Mining War: BUA Accuses Dangote of False Information
Management of BUA International Limited has accused Dangote Group Plc of sending false information to the public relating to the dispute between it and BUA, and claiming that they were coming from…
- 22 Dec 2017
Dangote, BUA’s Fight Get Messier over Mining Right
There seems to be no end in sight in the crisis between the managements of Dangote Group and BUA Group over the mining rights in Edo State, according to New Telegraph. The management of…
- 5 Jun 2023
IFC, Partners Support BUA with $500M Facility to Boost Industrialization, Jobs in Nigeria and Sahel
IFC yesterday made its largest-ever investment in northern Nigeria, providing a financing package alongside African and European partners to BUA Cement Plc to help the company part-finance and…
- 5 Nov 2023
Dangote, BUA, Billionaires Fight in Public over Allegations Financial Impropriety
Aliko Dangote, Africa’s richest man has Abdul Samad Rabiu, another billionaire of attempting to instigate a probe into alleged money laundering at companies run by Dangote. Abdul Samad Rabiu, BUA…
- 1 Oct 2023
BUA Crashes Cement Price to N3,500 Per Bag
BUA Group has announced a reduction of ex-factory cement price to N3,500 per bag effective today, October 2. The current ex-factory price is N4,650, while it is being sold at N5,000 in the market. In…
- 23 Jul 2017
BUA Group, Others Race to Buy 9Mobile
BUA Group, Virgin Mobile from the United Kingdom and Vodacom of South Africa are some of the companies in the running to buy 9Mobile, formerly Etisalat Nigeria. A few others have also signified…
- 16 Feb 2026
MTN, BUA, Dangote & Other Industry Giants Triumph at NGX Made of Africa Awards
Nigerian Exchange Group (NGX) hosted its annual Made of Africa (MOA) 2025 Awards on Monday, February 4, 2026. The event, held during the NGX year-end celebrations, brought together regulators, listed…
- 31 Mar 2026
Ouranos Technologies Strengthens Board with Key Leadership Appointments
Ouranos Technologies Limited has announced the appointment of Mr. Tajudeen Ahmed as Chairman of the Board of Directors, effective 1 January 2026. Ouranos Technologies is an enterprise technology…
- 13 Jan 2026
Ecobank Joins Trillion-naira Club for the First Time in 20 Years
Ecobank Transnational Incorporated (ETI) has joined the trillion-naira exclusive club of firms, marking its first entry in its two decades of being listed on the Nigerian Exchange. The Pan-African…
- 19 Dec 2025
Dangote, Monopoly Power, and Political Economy of Failure
By Blaise Udunze Nigeria’s refining crisis is one of the country’s most enduring economic contradictions. Africa’s largest crude oil producer, strategically located on the Atlantic coast and home to…
- 25 Jan 2022
Dangote Retains Africa’s Richest Man Status on Forbes
Aliko Dangote, billionaire businessman has retained his status as the richest man in Africa, according to Forbes. Aliko Dangote Forbes, an American business magazine, is renowned for tracking the…
- 19 Feb 2024
FG, Cement Manufacturers Reach Agreement to Sell 50Kg @ N7000 to N8000
Federal government and cement manufacturers have agreed on a N7,000 to N8,000 per 50 kg bag of cement to halt the astronomical rise in the price of the product. This agreement was part of a deal…
- 11 Jun 2024
Fidelity Bank Records Largest Single-Day Turnover Volume of over 600m Shares
Fidelity Bank was by far the most traded stock in the NGX on Monday, 10 June 2024, with a turnover volume of about 605.257 million shares, even as the stock gained 6.52% to close at N9.80. …
- 7 Feb 2022
NGX Lists $4bn FGN Eurobonds
The Nigerian Exchange Limited (NGX) listed Federal Government of Nigeria (FGN) $4 billion FGN Eurobonds, N171.17 billion FGN Savings Bonds and N720.04billion securities on its platform in January…
- 2 Mar 2022
NGX to Implement New Strategy Centered on Digital Transformation
As part of ongoing activities aimed at improving business operations and processes at Nigerian Exchange Limited (NGX), the Board of the Exchange has approved a new strategy centered on digital…
- 15 May 2022
Buhari Honours Globacom Chairman, Adenuga
In recognition of his outstanding contributions to the development of Nigeria, the Chairman of Globacom, Dr Mike Adenuga, Jr., has been honoured with the National Productivity Order of Merit Award by…
- 26 Sept 2022
Development Bank of Nigeria to Hold its 3rd Annual Lecture Series
Development Bank of Nigeria Plc, Nigeria’s first wholesale development finance institution is set to hold its 3rd annual lecture series, a thought leadership initiative that provides a platform for a…
- 27 Dec 2022
President Buhari Appoints Engineer Tukur Mohammed Lawal Funtua, as new Managing Director of NIGCOMSAT
Nigeria’s President Muhammadu Buhari GCFR, has approved with immediate effect, the appointment of Engineer Tukur Mohammed Lawal Funtua, as the new Managing Director of Nigeria Communications…
- 4 Jan 2023
Stock Market Extends Gain by 0.12%
The Nigerian Exchange Ltd. (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion recorded on Tuesday. Also, the All-Share Index (ASI)…
- 26 Jan 2023
NGX to Launch USSD Integrated Payment System
Mr. Temi Popoola, the chief executive officer, Nigerian Exchange Limited (NGX), has disclosed the Exchange plan to launch an Unstructured Supplementary Service Data (USSD) to unlock Africa’s capital…
- 5 Jun 2023
SEC Moves to Check Delisting from Capital Market
The Securities and Exchange Commission has expressed its readiness to confront and find solutions to the challenges that make companies delist from the capital market. The commission’s…
- 20 Nov 2023
NGX Moves to Reduce Trading Costs Through Technology
Temi Popoola, the Chief Executive Officer, Nigerian Exchange Limited (NGX), has revealed that the exchange is exploring ways to leverage technology to focus on reducing brokerage costs. Popoola…
- 6 Dec 2023
Airtel Africa Urges Enhanced Public-private Collaboration for Climate Action in Africa @ COP28
Segun Ogunsanya, group CEO of Airtel Africa plc, has reaffirmed the importance of an enabling policy environment for sustainable development and climate action in partnership with Africa’s private…
- 16 Feb 2024
MTN Commits N200Bn on Enugu-Onitsha Highway Rehabilitation
Federal government and MTN Nigeria have signed a N200bn contract to rehabilitate the Enugu-Onitsha highway. A statement by Olusola Abiola, information director of the Ministry of Works, disclosed…
- 30 Apr 2024
Bamgbose, BON Boss Faults FCCPC’sDdecision to Review DStv, GOtv Rates
Yemisi Bamgbose, executive secretary of the Broadcasting Organisation of Nigeria (BON), has faulted the decision of the Federal Competition and Consumer Protection Commission (FCCPC) to review DStv…
- 12 Feb 2025
Nigeria Received $52Bn from Afreximbank in 10 Years – Oramah
Prof. Benedict Oramah, president , Africa Export-Import Bank, (Afreximbank), has revealed that Nigeria is the highest recipient of intervention funds from the bank, amounting to $52 billion in the…
- 27 Feb 2025
Fidelity Bank Launches Creativerse to Empower Creative Sector
Fidelity Bank Plc has emphasized its commitment to the development of Nigeria’s creative economy with the launch of the Creativerse. Dr. Nneka Onyeali-Ikpe, managing director/chief executive officer,…
- 9 Jun 2025
Confidence in Nigerian Economy Grows as Forex Inflows Reach $5.96Bn
Foreign exchange inflows from domestic sources have reached their highest level in six years, according to a report by the Central Bank of Nigeria (CBN). The increase reflects a growing confidence in…
- 21 Nov 2025
CBN’s N75 Trillion Credit Milestone to Private Sector Falls Flat as Productivity Crisis Deepens
By Blaise Udunze Nigeria’s financial system is flashing red, and not because of a scarcity of money. Ironically, the Central Bank of Nigeria (CBN) and the nation’s banking proudly tout a historic…
- 6 May 2013
SY&T Crowned with Best Supporting Communications Agency Award
SY&T Communications Limited, a famous public relations agency in Nigeria, has been tipped as “The Best Supporting Communications Agency to Transport Sector 2013.” The award was presented to…