Business News

Abbey Mortgage seeks approval to raise N164.5bn capital

By Abubakar Yunusa   Abbey Mortgage Bank Plc is seeking shareholders’ approval to raise up to N164.5bn through a combination of equity and debt instruments...

Nigeria’s cargo throughput rises to 32.38 million tonnes in Q1 2026 – NPA

By Abubakar Yunusa Nigeria’s cargo throughput rose to 32.38 million metric tonnes in the first quarter of 2026, marking an 11.6% year-on-year increase driven...

Africa startup funding falls 26.6% despite increase in deals

By Abubakar Yunusa Startup funding activity across Africa remained subdued in April 2026 as investors continued to focus on a smaller group of high-performing firms...

Sahara group opens two recycling hubs in Lagos community

By Abubakar Yunusa The Sahara Group Foundation has commissioned two new recycling hubs in Ojodu Local Council Development Area of Lagos State as part of...

NOA: OB3 River Niger crossing unifies Nigeria’s gas grid, unlocks 500 mmscf daily supply

By Abubakar Yunusa The federal government says the successful crossing of the River Niger by the Obiafu-Obrikom-Oben (OB3) gas pipeline has created a structurally unified...

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