Tag: Nigeria

Globacom scales network, boosts broadband access nationwide

Globacom expands nationwide network, boosting mobile data speed, reliability, and broadband access for millions of users.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s largest brewer returns to profit as revenue tops $1 billion

Nigerian Breweries returns to profit as revenue tops $1.08 billion, reversing prior losses and strengthening equity after debt cuts.

Omokolade Ajayi Omokolade Ajayi

Dangote Petroleum Refinery lowers petrol prices by 3% despite global oil squeeze

Dangote Petroleum Refinery cuts petrol prices by 3 percent to N774 per liter, undercutting imports amid global supply tensions.

Omokolade Ajayi Omokolade Ajayi

Transcorp Power revenue tops $290 million in 2025, backing Nigeria’s power push

Transcorp Power posts $290 million revenue in 2025, boosting output and supporting Nigeria’s power sector growth.

Omokolade Ajayi Omokolade Ajayi

Ghana turns to Dangote refinery for fuel as Nigeria boosts regional

Nigeria’s Dangote Refinery will export fuel to Ghana, boosting West Africa’s energy supply and regional trade.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s cement battle heats up as Lafarge Africa plans plant expansions

Lafarge Africa plans to expand its Ashaka and Sagamu plants, lifting capacity to 13 million tonnes as competition with Dangote and BUA Cement intensifies.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Aradel posts over $290 million profit in 2025 on energy expansion

Aradel Holdings posts $290 million profit in 2025, fueled by energy expansion and rising oil, gas, and refining revenue.

Omokolade Ajayi Omokolade Ajayi

Valor hospitality expands into Nigeria, Senegal with $29.8 million investment

Valor Hospitality invests $29.8 million to expand into Nigeria and Senegal, marking a key move in West Africa’s growing hotel and tourism market.

Timilehin Adejumobi Timilehin Adejumobi

Kenya turns to Nigeria for LPG in bid to lower cooking gas costs

Kenya imports 11,474 tonnes of LPG from Nigeria, easing cooking gas prices and boosting energy trade through the new Vipingo terminal.

Omokolade Ajayi Omokolade Ajayi

Top 5 African countries dominating global music chart

Afrobeats, Amapiano, and highlife rhythms are no longer regional sounds—they're global exports reshaping the international music industry.

Oluwatosin Alao Oluwatosin Alao

Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

Omokolade Ajayi Omokolade Ajayi

South Africa becomes MTN’s biggest market as Nigeria revenue, earnings decline

The shift highlights the economic and regulatory pressures hampering telecom operations in Africa’s most populous country.

Omokolade Ajayi Omokolade Ajayi