Oando profit after tax rises 10% to ₦241.3bn as upstream output jumps 32% in FY 2025

Oando PLC has reported a 10% increase in profit after tax to ₦241.3 billion for the financial year ended 31 December 2025, driven largely by a sharp rise in upstream oil and gas production.

Afreximbank names eight finalists for inaugural Accelerator Programme

The African Export-Import Bank (Afreximbank) has announced the eight finalists selected for the first cohort of its flagship Afreximbank Accelerator Programme, a three-month initiative launching in March 2026 to support high-growth African startups driving innovation in intra-African trade.

Dangote Industries, NNPC Finalise Strategic Gas Supply Agreements to Power Refinery, Fertiliser and Cement Expansion

Dangote Industries Limited and the Nigerian National Petroleum Company Limited (NNPC Ltd) have formalised expanded gas supply agreements aimed at supporting large-scale industrial growth, cleaner energy adoption and Nigeria’s long-term gas strategy.

CBN to Offer ₦1.15 Trillion Nigerian Treasury Bills for Investor Subscription

The Central Bank of Nigeria (CBN) is set to open ₦1.15 trillion worth of Nigerian Treasury Bills for investor subscription on Wednesday, in line with its February primary market auction programme.

Nigeria to Host 2026 RegTech Africa Conference & Expo at Presidential Villa, Abuja

Preparations are underway for the 2026 RegTech Africa Conference & Expo (RACE 2026), Africa’s leading platform focused on regulatory technology, digital innovation, and policy reform. The high-profile event is scheduled to take place from 20 to 22 May 2026 at the State House Banquet Hall, Presidential Villa, Abuja.

Facebook Backs Africa’s Creative Economy at 2026 African Creators Summit in Lagos

Facebook spotlighted creativity, community, and sustainable growth at the 2026 African Creators Summit in Lagos, delivering a major on-ground activation designed to help African creators expand their audiences, build meaningful communities, and earn from their content.

Emirates and Marriott International to Open World’s First Ritz-Carlton Lodge in Australia’s Wolgan Valley

Emirates and Marriott International have signed an agreement to launch Emirates Wolgan Valley, a Ritz-Carlton Lodge, a 40-key, all-inclusive luxury lodge set within a 7,000-acre conservation reserve in Australia’s Greater Blue Mountains World Heritage area.

AXA Mansard Profit Jumps 117% to N26.9bn in 2025 as Earnings per Share Rise to 279k

AXA Mansard Plc. recorded a strong financial performance in 2025, with profit after tax surging by 117 per cent to N26.88 billion, according to the company’s audited financial statements for the year.

Canal+ Eyes Expansion of Streaming App to MultiChoice Customers Across Africa

French media group Canal+ is considering rolling out its streaming app to customers of MultiChoice Group across Africa following its acquisition of the pay-TV operator last year, a move that could reshape how millions of viewers access entertainment on the continent.

Blackburn Rovers Face Lawsuit From Kit Supplier Macron Over Alleged Contract Breach

English football club Blackburn Rovers has been sued by its kit supplier, Macron, after the Italian sportswear brand filed court papers against the Championship club on January 28, alleging a breach of contract.

Dogecoin Drops 4% in 24 Hours as Crypto Market Sheds $200bn

Dogecoin (DOGEUSD) fell by 4 per cent over the past 24 hours as extreme fear triggered fresh sell-offs across the cryptocurrency market, pushing prices lower amid heightened volatility.

Airtel Africa Customer Base Rises to 179 Million as Mobile Money Transactions Top $210 Billion

Airtel Africa has posted a strong performance for the nine-month period ended December 31, 2025, reinforcing its position as a major driver of connectivity and financial inclusion across Africa. The pan-African telecommunications group reported a 10 per cent increase in its total customer base to 179.4 million, reflecting sustained demand for mobile and digital services across its markets.

Market Value of Nigeria’s Five Biggest Banks Falls to N11.7 Trillion on First Holdco Sell-off

The combined market capitalisation of Nigeria’s five biggest banks fell to N11.7 trillion as investors offloaded shares in First Holdco following a sharp decline in earnings.