
OPay Files for New York Stock Exchange Listing at $4 Billion Valuation
Nigerian fintech OPay has filed for an IPO on the New York Stock Exchange, targeting a valuation of about $4 billion and planning a secondary listing in Lagos.
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Companies, commerce and the business of Nigeria

Nigerian fintech OPay has filed for an IPO on the New York Stock Exchange, targeting a valuation of about $4 billion and planning a secondary listing in Lagos.

The federal government has rolled out a 30-day petrol discount at NNPC stations, a temporary measure to ease household costs amid lingering reform pressures.
Ten greenfield projects form part of a $7.1 billion, 10-year programme that could reduce import demand if financing, farms and factories are delivered on schedule.
The development lender says its 2026 interventions combine credit, guarantees and investment to draw commercial funding into agriculture, finance and job creation.
The state oil company's retail arm is giving up its margin for 30 days, offering temporary relief without imposing a nationwide pump price.
Higher retained earnings have lifted buffers, giving lenders room for loan growth.
Falling input costs are easing pressure on factory gate prices, but demand remains uneven.
Fake recruitment adverts can be distributed through social media posts, messaging groups, unofficial websites and other channels that...
Regulatory changes have widened the menu of long-duration investments available to managers.
Rising contributions and better investment income have lifted the pool of retirement savings.
The Stanbic IBTC Bank Nigeria PMI rose to 56.4 in September, with new orders and output expanding at the fastest pace since early 2022 across all four monitored sectors.
Candidates must hold, or be on track to hold, a Bachelor's, Master's or PhD degree from a four-year U.S.-accredited university or meet...
For now, Dangote is signalling that the refinery plans remain on course, while the legal process will determine how the disputed site...
The offshore project, being developed across OMLs 112 and 117, is expected to produce about 350 million standard cubic feet of gas per...
Waste Is Becoming a Supply Chain Nigeria is estimated to generate about 840,000 metric tonnes of used cooking oil annually, while more...
Instead of immediately borrowing heavily to purchase machinery or establish a dedicated factory, an entrepreneur could use shared...

The Land Dispute Is Now Part of the Project The case was brought by 133 Chandavai residents who say their families have occupied and...

The 52-Week High Is Coming Into View ETERNA's 52-week high stands at ₦51.20, putting the stock roughly 8% below that level based on the...

A Big Move From a Heavyweight A 4% move is significant when it comes from a stock of BUACEMENT's size. The Stock Has Room Below Its...

Zenith's move is particularly notable because the bank had closed Monday at ₦135.40 after gaining 0.37%, with the stock trading close to...

The Nigerian Upstream Petroleum Regulatory Commission has given affected operators until October 31, 2026, to disclose their ...

The World Energy Council Nigeria says the country has 44 critical mineral types, but attracting serious private capital will depend on ...

More Money Was Collected, But the Gap Remains The ₦205.53 billion collected in July represents a 7.12 per cent increase from ...
The discount applies to outstanding statutory fees owed to aviation agencies and is intended to steady carriers facing a sharp rise in Jet A1 prices.
The Federal High Court dismissed the airline's attempt to block summons issued after passenger complaints about cancelled flights and unpaid refunds.
The six-year programme targets one million smallholders and aims to mobilise another $220 million from agribusinesses.