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Dangote BUA Cement Energy Costs 2026 Jump to N797 Billion as Power Outlays Expand
  • InBusiness
  • Read Time3 mins

Dangote BUA Cement Energy Costs 2026 Jump to N797 Billion as Power Outlays Expand

Industrial production expenses reached historic levels as Dangote BUA Cement energy costs 2026 disclosures showed that Nigeria’s two largest cement producers spent a combined N797.1 billion on fuel and power in nine months. According to formal nine-month financial statements submitted…

  • David MopaByDavid Mopa
  • OnNovember 5, 2026
Edo State MoU China Express Airline Partnership Sets Stage for Edo Air Launch
  • InBusiness
  • Read Time3 mins

Edo State MoU China Express Airline Partnership Sets Stage for Edo Air Launch

Sub-national economic growth and regional connectivity received a major boost as the Edo State MoU China Express Airline strategic deal was officially executed to launch a state-backed commercial carrier. According to official government disclosures issued on Wednesday, November 4, 2026,…

  • David MopaByDavid Mopa
  • OnNovember 5, 2026
Koolboks Solar Cooling TLG Capital Funding Secures Growth Capital for African Expansion
  • InBusiness
  • Read Time3 mins

Koolboks Solar Cooling TLG Capital Funding Secures Growth Capital for African Expansion

Off-grid clean technology and cold-chain logistics gained fresh momentum as the Koolboks solar cooling TLG Capital funding credit facility was formally closed to expand clean refrigeration across West and East Africa. According to formal corporate statements issued on November 4,…

  • David MopaByDavid Mopa
  • OnNovember 5, 2026
Abbey Bank Pre-tax Profit Q3 2026 Surges 112 Percent to Beat Corporate Forecasts
  • InBusiness
  • Read Time3 mins

Abbey Bank Pre-tax Profit Q3 2026 Surges 112 Percent to Beat Corporate Forecasts

Mortgage banking performance achieved strong upward momentum as market disclosures confirmed that the Abbey Bank pre-tax profit Q3 2026 grew 112.63 percent to reach N3.23 billion. According to formal nine-month financial statements submitted to the Nigerian Exchange (NGX) on November…

  • David MopaByDavid Mopa
  • OnNovember 4, 2026
Nigeria Government Securities Auctions October 2026 Allotments Drop to N9.501 Trillion
  • InBusiness
  • Read Time2 mins

Nigeria Government Securities Auctions October 2026 Allotments Drop to N9.501 Trillion

Fixed-income primary market activity experienced a sharp slowdown as recent Nigeria government securities auctions October 2026 disclosures revealed a 55.86 percent drop in total debt allotments. According to official monthly market reports released on November 4, 2026, by the Financial…

  • David MopaByDavid Mopa
  • OnNovember 4, 2026
Gambia Banking Directive: Nigerian Workers Facing December Replacement Order Sparks Concern
  • InBusiness, Foreign
  • Read Time3 mins

Gambia Banking Directive: Nigerian Workers Facing December Replacement Order Sparks Concern

Regional financial integration and cross-border labor mobility faced unexpected friction as the Gambia banking directive Nigerian workers raised serious economic concerns across West Africa. According to official diplomatic disclosures released on November 3, 2026, by the Nigerians in Diaspora Commission…

  • David MopaByDavid Mopa
  • OnNovember 4, 2026
Senate Rejects Nigeria Air Revival Project and Calls for Fresh National Carrier Strategy
  • InBusiness
  • Read Time3 mins

Senate Rejects Nigeria Air Revival Project and Calls for Fresh National Carrier Strategy

Aviation sector reforms gained fresh legislative momentum as the Senate rejects Nigeria Air revival project proposals, calling instead for a transparent framework to build a viable national carrier. As reported by Nairametrics. Also read Tinubu Proposes New Drug Laws as…

  • David MopaByDavid Mopa
  • OnNovember 4, 2026
November Petrol Price Forecast Nigeria Market Analysis Points to N1,411 Litre Surge
  • InBusiness
  • Read Time2 mins

November Petrol Price Forecast Nigeria Market Analysis Points to N1,411 Litre Surge

Retail pump dynamics face fresh inflationary pressures as energy experts warning of a November petrol price forecast Nigeria increase project that prices in Lagos could hit N1,411 per litre. According to market projections released on Tuesday, November 3, 2026, rising…

  • David MopaByDavid Mopa
  • OnNovember 3, 2026
NDLEA Australian Police Drug Trafficking Alliance Targets Transnational Cartels
  • InBusiness, Crime
  • Read Time2 mins

NDLEA Australian Police Drug Trafficking Alliance Targets Transnational Cartels

International law enforcement collaboration achieved a major milestone as the NDLEA Australian police drug trafficking alliance formally established a joint operational security framework to dismantle global narcotics cartels operating between both continents. According to official security statements issued on Monday,…

  • David MopaByDavid Mopa
  • OnNovember 3, 2026
Afreximbank Loan Veenocks Tile Factory Expansion Boosts Manufacturing Output
  • InBusiness
  • Read Time2 mins

Afreximbank Loan Veenocks Tile Factory Expansion Boosts Manufacturing Output

The expansion of the Veenocks tile factory, supported by an Afreximbank loan, significantly enhances manufacturing output. This initiative has received a substantial boost with the agreement for $81.9 million in senior term debt financing aimed at increasing domestic porcelain production.…

  • David MopaByDavid Mopa
  • OnNovember 3, 2026
US-Iran peace deal
  • InBusiness, Foreign
  • Read Time5 mins

US Excludes South Africa, Rwanda from Africa’s Duty-Free Trade Programme

The United States has announced plans to withdraw South Africa and Rwanda from a major trade preference programme that allows eligible African countries to export thousands of products to the American market without paying import duties. US Trade Representative Jamieson…

  • Chimezirim BasseyByChimezirim Bassey
  • OnNovember 2, 2026
https://nairametrics.com/2026/11/02/mtn-momo-revenue-jumps-102-2-as-wallet-balances-hit-n43-8-billion/
  • InBusiness
  • Read Time2 mins

MTN MoMo Revenue Wallet Balances 2026 Surge as Deposits Touch N43.8 Billion

Fintech market momentum experienced significant expansion as the MTN MoMo revenue wallet balances 2026 financial disclosures showed a 102.2 percent jump in mobile money earnings alongside quadrupled customer deposits. According to formal nine-month financial statements submitted to the Nigerian Exchange…

  • David MopaByDavid Mopa
  • OnNovember 2, 2026
Access Bank Appoints Olanrewaju Bamisebi Executive Director for Technology and Digitalization
  • InBREAKING NEWS, Business
  • Read Time2 mins

Access Bank Appoints Olanrewaju Bamisebi Executive Director for Technology and Digitalization

Boardroom governance and tech integration merged as the Access Bank appoints Olanrewaju Bamisebi Executive Director decision was formally confirmed to strengthen digital banking operations and enterprise systems. According to corporate filings released by Access Holdings Plc on the Nigerian Exchange…

  • David MopaByDavid Mopa
  • OnNovember 2, 2026
Access Bank Appoints Oluseyi Kumapayi DMD to Lead Continental Operations
  • InBREAKING NEWS, Business
  • Read Time2 mins

Access Bank Appoints Oluseyi Kumapayi DMD to Lead Continental Operations

Leadership restructuring took center stage in corporate finance as Access Bank appoints Oluseyi Kumapayi DMD for African Subsidiaries, securing regulatory approval to lead the financial institution’s continental expansion strategy. According to official executive disclosures submitted to the Nigerian Exchange Limited…

  • David MopaByDavid Mopa
  • OnNovember 2, 2026
Naira Exchange Rate Outlook November 2026 Projections Point to Stability
  • InBusiness
  • Read Time2 mins

Naira Exchange Rate Outlook November 2026 Projections Point to Stability

Macroeconomic indicators point toward sustained currency stability as the naira exchange rate outlook November 2026 analysis highlights strong oil export earnings and robust central bank foreign currency reserves. According to formal market reports published on November 1, 2026, Nigeria’s local…

  • David MopaByDavid Mopa
  • OnNovember 2, 2026
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