Business

Guinness Nigeria Plc has ruled out plans to delist from the Nigerian Exchange (NGX), saying the company will remain publicly listed as it focuses on strengthening its balance sheet, investing in capacity and delivering returns to shareholders.

The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the successful completion of a $1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing.

Nigeria’s headline inflation rate dropped to 15.43 percent in July 2026 from 15.91 percent recorded in June, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS).

The Nigeria Customs Service (NCS) has stepped up the defence of its ongoing digital transformation and administrative reforms, insisting that tighter technology-driven controls, merit-based career progression and statutory oversight are making it increasingly difficult for revenue leakages and procedural abuses to thrive within the Service.

The Maritime Organisation of West and Central Africa (MOWCA) has launched the maiden Blue Africa Conference and Exhibition 2026 in Nigeria, challenging African governments and businesses to move beyond rhetoric and turn the continent’s vast marine resources into engines of investment, jobs and sustainable economic…