Business

BUA Foods Plc has every reason to celebrate its H1 2026 report—at least if the numbers are viewed through the conventional lens of profit and margins.

Equity market capitalisation increased from ₦159.89 trillion to ₦162.16 trillion, while the All-Share Index advanced 1.42% to 249,804.56 points, according to Nairametrics’ closing-market report.

Nigeria’s equities market closed the week on a positive note on Friday, with market capitalisation rising by ₦2.27 trillion as buying interest across several stocks lifted the benchmark NGX All-Share Index.

Young Nigerian entrepreneurs can apply for the GOSIMA Innovation Fund 2026, which combines business development support with ₦10 million in grants shared among three winners.

Young Nigerian developers can now enter a World Bank Group competition seeking AI tools designed for people with basic devices and unreliable internet access.

The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have formalised a framework for fiscal and monetary policy coordination, seeking to strengthen macroeconomic management and improve policy coherence.

FCMB Group is backing the initial public offering of Dangote Petroleum Refinery and Petrochemicals FZE as the refinery seeks to broaden its ownership base and attract retail, institutional and high-net-worth investors.

Joseph Obele, National Public Relations Officer of PETROAN, made the call in a statement on Thursday, arguing that increased domestic refining would strengthen supply and reduce Nigeria’s dependence on imported petroleum products.

Brent crude futures fell $2.67, or 2.5 percent, to $103.13 a barrel, from around $105 on Wednesday, according to Reuters. US West Texas Intermediate crude declined $1.61, or 1.6 percent, to $100.82 a barrel.

Alawuba spoke at the 19th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja on Tuesday, September 8, 2026.