Nigeria Imposes 15 Billion Naira Capital Floor on Crypto Stablecoin Issuers
Nigeria's central bank has introduced mandatory licensing and reserve rules for crypto firms, banning algorithmic stablecoins and setting capital floors of up…
Nigeria's central bank has introduced mandatory licensing and reserve rules for crypto firms, banning algorithmic stablecoins and setting capital floors of up…
NNPC production rose by 0.03 million boepd in September as field restarts bolstered output, generating $3.4 billion in revenue for the state-owned…
The newly established Africa Energy Bank will provide essential capital for African oil and gas production, countering the trend of divestment by…
Following the close of its public offer, Dangote Refinery faces scrutiny over whether its transformative role in energy security will translate into…
Dangote Refinery hits its $1.6 billion domestic funding target, with international interest signaling a massive oversubscription for the landmark African IPO.
KuCoin Nigeria advances its regulatory standing after receiving conditional approval from SEC Nigeria to join the Accelerated Regulatory Incubation Programme, bolstering investor…
Aliko Dangote is launching Africa's largest IPO, targeting 10 million retail investors to raise $1.6 billion at a $47 billion valuation for…
Africa's richest man, Aliko Dangote, launches a $1.6 billion IPO for his Lagos-based refinery, drawing significant retail interest despite concerns over his…
Dangote Refinery raises $400 million pre-IPO capital for a $2 billion Nigeria listing, highlighting investor confidence in African energy infrastructure.
Nigeria's July inflation slowdown strengthens the case for monetary easing, with potential gains for Nigerian bonds and pressure on the naira as…
Nigeria’s new tax incentives target $50 billion in deepwater oil investment, signaling a potential long-term boost to global crude supply and a…
MTN Group shares fell after an Iran writedown curbed first-half profit, despite strong mobile growth in Nigeria and Ghana.