FirstHoldCo Closes ₦45bn Private Placement at ₦44.06
FirstHoldCo Plc has successfully completed a ₦45 billion private placement, marking another step in its ongoing capital raising programme aimed at strengthening the financial position of FirstBank, its flagship subsidiary.…
Nigeria Secures $3bn Solid Minerals Investment
Nigeria has attracted approximately $3 billion in investment commitments into its solid minerals sector over the last three years, highlighting growing investor confidence in the country's mining industry and reform…
Oil Exports Drive Nigeria’s Current Account Surplus to $4.98bn
Nigeria's current account surplus climbed to $4.98 billion in the first quarter of 2026, reflecting improved export earnings and a stronger external sector performance. Data released by the Central Bank…
Festac Residents Protest Alleged Sale of Sewage Plants, Parks, Other Public Assets
Residents of Festac Town in the Amuwo-Odofin area of Lagos State have raised concerns over the alleged sale of critical public infrastructure, warning that the development could pose serious environmental,…
Dangote Refinery Cuts Petrol Price as Marketers Predict Drop to N1,200 Per Litre
Petrol prices may soon decline to around N1,200 per litre as the Dangote Petroleum Refinery and other depot operators continue to reduce ex-depot rates following a sharp drop in global…
Heirs Insurance Extends Rewards Programme to Corporate Clients
Heirs Insurance Group has expanded its Rewards and Loyalty Programme to include corporate clients, marking a new phase in its strategy to deepen customer engagement beyond traditional insurance services. The…
Petrol Price Stays at ₦1,350 in Abuja Despite Oil Price Drop
Motorists in Abuja are yet to benefit from recent developments in the global oil market, as petrol prices across most filling stations in the Federal Capital Territory continue to hover…
GenCos Raise Alarm Over Fresh ₦1tn Debt, Stranded Power
Nigeria’s power generation companies have raised fresh concerns over the growing financial challenges facing the electricity sector, warning that increasing debt obligations and stranded generation capacity continue to threaten the…
How to Verify Land Titles in Lagos: A Complete Guide to Property Searches at Alausa
Property experts have advised prospective real estate investors in Lagos to conduct thorough land title verification at the Lagos State Land Registry in Alausa before purchasing any property, warning that…
Short-Let Apartments Reshape Nigeria’s Rental Market
Nigeria’s residential property market is witnessing a growing shift as short-let apartments continue to gain prominence amid rising annual rents across major cities. The trend is being driven by increasing…