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MA’AM Energy’s $750m Geregu takeover excites investors The minority investor community and operators in the capital market have expressed optimism about the acquisition of majority shareholding in Geregu Power Plc by MA’AM Energy Limited, saying it was a major boost... Read More →

Eterna opens N21.5bn rights issue to drive expansion Eterna Plc, a leading integrated energy company, has officially opened its Rights Issue, marking a major milestone in its capital-raising programme and long-term growth strategy. The Rights Issue comprises 978,108,485 ordinary shares... Read More →

UBA surpasses N500bn capital milestone via rights issue The United Bank for Africa has emerged as the latest lender to meet the new minimum capital requirement set by the Central Bank of Nigeria for banks with international operations, as its... Read More →

NUPRC, NMDPRA partner to boost sector efficiency, attract investment The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have renewed efforts to enhance regulatory efficiency and foster investments in Nigeria’s oil and gas sector,... Read More →

Equities firm as NGX market cap surges N138bn Nigerian equities closed the trading session on a positive note on Thursday as the total market capitalisation of the Nigerian Exchange Limited increased by N138bn, reflecting modest investor optimism despite mixed trading... Read More →

Champion Breweries unveils N42bn public offer Champion Breweries Plc has unveiled a N42bn Public Offer of ordinary shares, opening a new phase in the company’s capital-raising programme aimed at funding expansion and the acquisition of the Bullet brand portfolio across... Read More →

North central states move to domesticate new tax As Nigeria begins implementing its new tax laws, legislative momentum is building across the North Central region, with Jigawa, Plateau, Kogi, Nasarawa and Kwara States taking concrete steps to domesticate the reforms... Read More →

UK investors drive 65% of Nigeria’s foreign inflows Nigeria attracted about 65 per cent of its recent foreign capital inflows from United Kingdom investors over the past year, with investments including $7.5m into Babban Gona and $40.5m into Johnvent Industries,... Read More →

KPMG flags errors, gaps in gazetted tax laws Nigeria’s newly gazetted tax laws, which became effective on 1 January 2026, contain errors, inconsistencies, gaps, and omissions that could affect businesses and taxpayers, according to a report by KPMG Nigeria. The... Read More →

Tinubu lauds NGX N100tn milestone, urges Nigerians to invest President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as... Read More →