Latest business news and analysis from NUR.
Mafab Communications is seeking regulatory approval to transfer its 5G spectrum holdings to MTN Nigeria, nearly five years after both companies paid $273.6 million in Nigeria's 2021 5G auction.
An ICC tribunal in Paris dismissed Sunrise Power's $2.35 billion claim against Nigeria regarding the Mambilla hydropower project, which President Tinubu called the removal of a major legal hurdle.
The Federal Airports Authority of Nigeria has rejected claims that its dispute with e-hailing operators pushed Uber out of the country, saying the company's decision was its own.
The Nigerian Exchange advanced to a fresh record on Friday, with the All-Share Index closing at 246,992.44 points and market capitalisation topping N159.56 trillion.
Nigeria's SEC has cleared Dangote Petroleum Refinery to sell shares at N525 each, setting up what could be Africa's largest-ever public offering.
Uber has ended its ride-hailing services in Nigeria and Uganda after more than a decade in both markets, as part of a global restructuring that includes cutting 10 percent of its workforce.
Formal diaspora remittances into Nigeria climbed to $947 million in July, the highest monthly figure on record, as CBN reforms push the country closer to its $1 billion monthly goal.
Just 24 companies now account for almost three-quarters of the Nigerian stock market's total value. The concentration raises concerns about market breadth.
President Tinubu has signed the Deep Offshore Oil and Gas Projects Incentives Order, 2026. The framework targets $50 billion in investment and prioritizes Nigerian content.