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Economy

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SEPLAT ENERGY: Buy, Sell or Hold?
Economy

SEPLAT ENERGY: Buy, Sell or Hold?

FTM

Nigeria has never seen a share price like this. Seplat Energy closed at N16,000.10 on Wednesday, up about 175% this year. No other NGX stock is priced above N10,000. Behind the rally is a strong company. But the price now depends more on who is buying than on what the company earns. Unlock the…

ARM HARITH announces successful financial close of Project Shiprite
Economy

ARM HARITH announces successful financial close of Project Shiprite

NM Partners

ARM-Harith Infrastructure Investment Limited is pleased to announce the successful financial close of Project Shiprite, a landmark maritime infrastructure investment at the Port of Takoradi in Ghana representing a transformative step in strengthening West Africa’s maritime capabilities. Developed…

Can manufacturers keep passing costs to consumers?
Economy

Can manufacturers keep passing costs to consumers?

Idika Aja

When a bag of cement or a tin of milk costs more, the buyer has a choice: pay the new price, buy less or switch to something cheaper. The manufacturer has a choice too: raise the price and risk losing sales, or absorb the higher cost and keep less from each sale. In 2025, higher […] The post Can…

Banks earn N522 billion from electronic banking, card fees in 9M 2026
Economy

Banks earn N522 billion from electronic banking, card fees in 9M 2026

Research Team

Eight Nigerian Exchange-listed banking groups generated a combined N521.79 billion from electronic banking and card-related fees in the nine months ended September 2026, up 8.1% from N482.48 billion in the corresponding period of 2025. The post Banks earn N522 billion from electronic banking, card…

Economy

S&P says Nigeria faces a ratings gap too wide to close by 2029

Samson Akintaro

Nigeria’s ambition to regain investment-grade credit status by 2029 may be overly optimistic, as the country faces a significant ratings gap that could take longer than three years to bridge, according to S&P Global Ratings. The post S&P says Nigeria faces a ratings gap too wide to close by 2029…

Nigerian Breweries Sales Director Emmanuel Oriakhi retires after 23 years
Economy

Nigerian Breweries Sales Director Emmanuel Oriakhi retires after 23 years

Caleb Obiowo

Nigerian Breweries Plc has announced the retirement of its Sales Director, Emmanuel Oriakhi, effective November 10, 2026, after more than 23 years with the company and its parent group, HEINEKEN. The post Nigerian Breweries Sales Director Emmanuel Oriakhi retires after 23 years appeared first on…

FG hands Port Harcourt airport to private operator for 30 years
Economy

FG hands Port Harcourt airport to private operator for 30 years

Samson Akintaro

The Federal Government has concessioned the Jeremiah Obafemi Awolowo International Airport in Port Harcourt, Rivers State, to Port Harcourt Airport Company Ltd. for 30 years as part of efforts to reduce the financial burden of operating loss-making airports and attract private investment into the…