SpaceX Files for IPO, Could Make Musk Trillionaire
SpaceX has filed for a public stock offering, potentially the biggest IPO in history. The company disclosed financials, including $18.7B revenue and $4.9B loss in 2025, with heavy AI investments.
SpaceX has filed for a public stock offering, potentially the biggest IPO in history. The company disclosed financials, including $18.7B revenue and $4.9B loss in 2025, with heavy AI investments.
A Kano trader shares how PalmPay's Women Empowerment Program helped her transform her business with digital banking, POS terminals, and real-time transaction tracking.
Discover Nigeria's top 10 real estate companies ranked by delivery, quality, and investor confidence. From Mshel Homes to Urban Shelter, explore leading developers.
A Nigerian man who lost his life savings in Canada shares his journey from hardship to building a business that generated over $1 million in revenue.
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RecommendedBillionaire Femi Otedola announces $100 million investment in Dangote Petroleum Refinery ahead of its landmark IPO, signaling confidence in Nigeria's energy future.
The Central Bank of Nigeria is working with commercial banks to review excessive transaction alerts and multiple debit notifications, aiming to improve customer complaint resolution and transparency.
Nigeria's government is reviving the textile industry, targeting 1.5 million jobs after cotton production dropped to 10,000 metric tonnes. A pilot project produced 10,000 local T-shirts.
Nigeria launches Net-Zero Investment Plan to achieve net-zero emissions by 2060, focusing on sustainable growth and private sector engagement.
NSIA is investing in digital infrastructure like the KASI hyperscale data centre and innovation platforms to position Nigeria as a leader in the AI-driven economy.
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RecommendedThe Central Bank of Nigeria kept the Monetary Policy Rate at 26.5%, citing temporary external shocks. Governor Yemi Cardoso highlighted rising reserves and forex stability.
Nigerian equities market capitalisation fell by N1.6 trillion as bluechip stocks faced sell pressure, with BUA Cement leading losses.
Seplat Energy plans $1 billion dividend payout over 4-5 years and targets 200,000 bpd production after acquiring Mobil assets.
Femi Otedola commits $100 million to Dangote Refinery IPO, selling Geregu Power stake, as investor demand surpasses $2 billion ahead of listing.
Wema Bank shareholders approved N1.25 dividend per share after 2025 earnings surged 125%. Gross earnings hit N660.59 billion, up 52.79%.
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RecommendedMutual Benefits Assurance paid over N5.5 billion in claims in April 2026, as stakeholders urge faster, transparent settlements to rebuild consumer confidence in Nigeria's insurance sector.
Nigeria and China strengthen partnership to address urban traffic congestion through smart solutions, improved transport systems, and technology-driven infrastructure.
Minister Jumoke Oduwole reaffirms AfCFTA as Africa's key trade lever, urging implementation beyond declarations to overcome border barriers and boost intra-African commerce.
The Federal Government has approved five deep-seaport projects to reclaim over 70% of Nigerian-bound cargo traffic. NPA MD Abubakar Dantsoho listed the ports at a PMAWCA meeting.
The Federal Government supports telecom policy review to achieve $1 trillion economy, with focus on infrastructure protection and measurable results.
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RecommendedDangote Cement Plc flagged off multi-million-naira empowerment programs for farmers, women, and youths in six host communities in Gboko LGA, Benue State, benefiting 232 individuals.
The Aliko Dangote Ultra-Modern Skills Acquisition Centre in Kano operates at 15% capacity with unpaid staff for nine months, highlighting governance failures in Nigeria's PPP model.
Minister Festus Keyamo says aviation reforms position Nigeria as a reliable destination for aircraft financing, citing improved compliance and investor confidence.
An in-depth look at Rabiu Umar's career, from Unipetrol to Dangote, and his new role as NMDPRA CEO under President Tinubu's Renewed Hope Agenda.
FSSS establishes 11 Farmers Hubs in Bauchi North to enhance agricultural productivity, tackle poverty, and promote climate-resilient farming with Heineken Africa Foundation support.
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RecommendedThe Destiny Trust inaugurates new classrooms and digital learning space in Ibeju-Lekki riverine communities, aiming to improve access to education for out-of-school children.
Dr. Kayode Opeifa, at 61, is transforming Nigeria's railway sector as NRC MD. His career spans academia, Lagos transport reforms, and national rail modernization.
Lagos State recovers over N450 million for consumers through LASCOPA, prosecutes 48 non-compliant businesses, and intensifies market surveillance to protect residents from unfair trade practices.
Sterling Financial Holdings reports record earnings, with profit before tax up 89.2% to N86.8bn in 2025, and total assets crossing N4 trillion in Q1 2026.
Nigeria's oil reserves have stalled, with only 59 years left, while gas may last 85 years. The country faces a critical need for diversification and investment.
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RecommendedThe Federal Government announced the Host Community Development Trust (HCDT) under PIA to foster development, peace, and stability in oil-producing communities. A stakeholders' workshop in Port Harcourt detailed the framework and digital portal.