Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement, signed in Lagos, reinforces one of the most significant China–Africa industrial partnerships to date. Under the […]
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Headline Inflation Marginally Slows in February
March 16, 2026/CSL Report Data from the National Bureau of Statistics (NBS) showed that Nigeria’s headline inflation moderated by 4 basis points (bps) to 15.1% year-on-year (y/y) in February. However, there was a noticeable uptick in month-on-month (m/m) inflation, as price advanced by 2.0% m/m, compared to the contraction of […]
Blue-Chip Buying Spree Drives NGX Higher
March 16, 2026/United Capital Report Market Summary: Today, the Nigerian Exchange Market closed on a positive note due to share price appreciation in ZENITHBANK (+7.53%) and MTNN (+2.43%) As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose sharply by 1.55% to settle at 201,474.89 points Year to date […]

