NNPC IPO Update: Listing Preparations Advance as Investors Await Details

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has made progress towards a potential stock market listing after completing a baseline assessment of its readiness and beginning work to address governance and financial reporting gaps identified by its advisers. NNPC Group Chief Executive Officer, Bayo Bashir Ojulari, disclosed the development in an interview with Bloomberg … Read more

Dangote Sets ₦50,000 Threshold for Priority in Refinery IPO

Aliko Dangote, President of Dangote Industries Limited, has said investors applying for ₦50,000 or less in the Dangote Petroleum Refinery initial public offering (IPO) will receive priority consideration during the share-allocation process. Dangote made the announcement during the final leg of the refinery’s nationwide IPO roadshow in Port Harcourt, Rivers State, on October 14, 2026. … Read more

Dangote Refinery Extends ₦2.15 Trillion IPO Deadline to October 27 as African Demand Grows

Dangote Petroleum Refinery and Petrochemicals has extended the closing date of its ₦2.15 trillion initial public offering (IPO) by two weeks, giving investors in Nigeria and other African countries more time to apply for shares in the refinery. The offer, which opened on September 14 and was originally scheduled to close on October 13, will … Read more

Pepkor’s $1.3 Billion Fintech Deal Faces Backlash Over CEO’s R2.8 Billion Stake

South African retail giant Pepkor is facing questions from some directors and investors over its R21.3 billion ($1.3 billion) plan to combine its Flash fintech business with payments company Shop2Shop, after concerns emerged about the lack of a shareholder vote and the financial interest of its chief executive, Pieter Erasmus. The transaction, announced in July, … Read more

Greenwich Bank: Account Opening, USSD Code, App, Loans and Customer Care (2027)

Greenwich Bank Limited has officially commenced commercial banking operations in Nigeria after over 30 years as a leading investment and merchant bank. The bank received approval from the Central Bank of Nigeria (CBN) in August 2026 to operate as a regional commercial bank, transitioning from Greenwich Merchant Bank. It started as Greenwich Trust Limited in … Read more

Greenwich Bank USSD Code

If you are looking for the Greenwich Bank USSD code to check your account balance, transfer money, buy airtime or carry out other banking transactions, Greenwich Bank does not have a USSD banking code yet. This means you cannot use a confirmed Greenwich Bank USSD code to perform these transactions at the moment. Once the … Read more

Finance Ministry Says It Was Unaware of ₦124.86bn CBN Withdrawal in Emefiele Trial

A Director in the Federal Ministry of Finance, Ali Mohammed, has told the Federal Capital Territory High Court sitting in Maitama, Abuja, that the ministry was not aware of the withdrawal of ₦124.86 billion from the Central Bank of Nigeria (CBN). Mohammed gave the evidence on Tuesday, October 6, 2026, while testifying as the prosecution’s … Read more

Osun Bank Accounts Restricted: GTBank, Access, FirstBank, Zenith, UBA, Others to Block Withdrawals Over $13.9m Award

The bank accounts of the Osun State Government have been placed under a court-ordered “Post No Debit” restriction following a dispute over a multimillion-dollar arbitration award involving Gamji Nigeria Company Limited. The Federal High Court in Lagos ordered several commercial banks to restrict withdrawals from accounts operated by the Osun State Government while preserving funds … Read more

MTN Nigeria Insider Sells 8,000 Shares Worth ₦6.86 Million Through NGX

An insider at MTN Nigeria Communications Plc has sold 8,000 ordinary shares of the telecommunications company in a transaction valued at about ₦6.86 million. The shares were sold on the Nigerian Exchange Limited (NGX) on September 21, 2026, according to the insider share-dealing notification filed by MTN Nigeria. The insider involved is Osebi Ufot, Manager … Read more