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Dangote Launches N1 Trillion Education Fund, Pledges 25% of Wealth to Support 1.3 Million Nigerian Students

Nigerian business magnate Aliko Dangote on Thursday launched a N100 billion annual education initiative aimed at reducing financial barriers that prevent millions of Nigerian children from completing their education. The programme, projected to cost over N1 trillion over the next decade, is

December 11, 2025

Africa·Business·News·Top Stories

ECOWAS Ministers Unveil 2026 Economic Priorities, Tap Dangote to Drive Private-Sector Engagement

Ministers of Foreign Affairs from the Economic Community of West African States (ECOWAS) have opened the 95th Ordinary Session of the ECOWAS Council of Ministers in Abuja, with a sweeping agenda aimed at strengthening governance, accelerating regional integration, and bolstering economic resilience

December 11, 2025

Naira Falls Against Dollar In Black Market As Demand Increases In FX Market

Business·Top Stories

Dollar Rate Drops To N1,455/$ In Official Window, Rises To N1,505/$ In Parallel Market

In the Nigerian foreign exchange market (NFEM), also known as the official window, the foreign exchange (FX) rate of the United States dollar (USD) dropped to N1,455.25/$ on Thursday, December 11. The exchange rate dropped by N2.75 kobo, from the N1,458 per

December 11, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business

NGX Rebounds With N693.95bn Gain

The market capitalisation of the Nigerian Exchange (NGX) Limited, also known as the stock market, closed trading at N94.31 trillion on Thursday, December 11, rising N693.95 billion from the N93.62 trillion recorded on Wednesday, December 10. The stock market data showed the

December 11, 2025

Business·Top Stories

Five Least Performing Insurance Stocks In Q3 2025

While the majority of the insurance stocks in the Nigerian Exchange (NGX) Limited recorded gains in the third quarter (Q3) of 2025, Prime Business Africa (PBA) presents the five least performing insurance stocks for the period under review. The list comprises Lasaco

December 11, 2025

Business·News·Nigeria·Transport

EFCC Unravels Alleged Arik – NG Eagle Money Trail, Former AMCON MD Kuru on the Spot

Fresh details have emerged in the ongoing trial of former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, as an EFCC witness on Monday narrated how funds, staff and operational assets belonging to the defunct Arik Air were

December 11, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business

Naira Depreciates Against Dollar, Euro, British Pound In Official Window

The naira depreciated against the dollar by 0.27 percent to N1,458/$ on Wednesday, December 10, in the Nigerian foreign exchange market (NFEM), also known as the official window. On Tuesday, December 9, the foreign exchange (FX) rate for the United States currency

December 10, 2025

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

Business

UAC Nigeria, Sunu Assurance, Others Wipe Off N33.80bn From NGX

The Nigerian Exchange (NGX) Limited said the market capitalisation of the stock market dropped marginally by 0.05 percent to N93.62 trillion on Wednesday, December 10. This means N33.80 billion was wiped off the NGX at the end of trading as the bourse’s

December 10, 2025

FCMB Borrows N20.68bn To Protect Against Insolvency After Silicon Valley Bank Collapse

Business·Top Stories

FCMB Posts N828.12bn Revenue, Records 52.25% Increase In Profit

In the first nine months of 2025, FCMB generated N828.12 billion in gross earnings, exceeding the N587.77 billion recorded in the corresponding period in 2024, representing a 40.89 percent increase. FCMB announced the turnover growth in its unaudited consolidated and separate financial

December 10, 2025

Africa·Business·News·Oil & Gas

Barka Energies Debuts: Burkina Faso Seizes Control of Its Energy Sector

Burkina Faso has officially launched Barka Energies, marking a historic turning point in the country’s hydrocarbon distribution sector. The move follows the acquisition of TotalEnergies Marketing Burkina’s assets by Coris Invest Group (CIG SA), creating a 100% Burkinabè-owned energy company with regional

December 10, 2025

Naira Ends Week With Marginal Gain Against Dollar

Business·Top Stories

Naira Depreciates Against Dollar To N1,478/$ In Parallel Market

The foreign exchange (FX) rate for the United States dollar (USD) closed at N1,454/$ in the Nigerian foreign exchange market (NFEM), also known as the official window, on Tuesday, December 9, 2025. According to the data on NFEM provided by the Central

December 9, 2025

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SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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Business

Dangote Launches N1 Trillion Education Fund, Pledges 25% of Wealth to Support 1.3 Million Nigerian Students

ECOWAS Ministers Unveil 2026 Economic Priorities, Tap Dangote to Drive Private-Sector Engagement

Dollar Rate Drops To N1,455/$ In Official Window, Rises To N1,505/$ In Parallel Market

NGX Rebounds With N693.95bn Gain

Five Least Performing Insurance Stocks In Q3 2025

EFCC Unravels Alleged Arik – NG Eagle Money Trail, Former AMCON MD Kuru on the Spot

Naira Depreciates Against Dollar, Euro, British Pound In Official Window

UAC Nigeria, Sunu Assurance, Others Wipe Off N33.80bn From NGX

FCMB Posts N828.12bn Revenue, Records 52.25% Increase In Profit

Barka Energies Debuts: Burkina Faso Seizes Control of Its Energy Sector

Naira Depreciates Against Dollar To N1,478/$ In Parallel Market

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Dangote Launches N1 Trillion Education Fund, Pledges 25% of Wealth to Support 1.3 Million Nigerian Students

ECOWAS Ministers Unveil 2026 Economic Priorities, Tap Dangote to Drive Private-Sector Engagement

Dollar Rate Drops To N1,455/$ In Official Window, Rises To N1,505/$ In Parallel Market

NGX Rebounds With N693.95bn Gain

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

CBN Holds Interest Rate At 27% — Fourth Time In 2025

Dangote Launches N1 Trillion Education Fund, Pledges 25% of Wealth to Support 1.3 Million Nigerian Students

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