HomeBusiness

Business

Court Adjourns Trial of Anthony Joshua’s Driver to February 25

KEY POINTS The Sagamu Magistrate Court adjourned the trial of Adeniyi Kayode to allow legal advice from the state Attorney General. Kayode faces four charges linked to a fatal road accident involving Anthony Joshua’s team. Two of Joshua’s close associates died in the December...

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across Nigeria through direct builds and franchising The company is leaning on Apapa tank farms, a private jetty and technology upgrades to manage supply volatility Management says subsidy removal and the...

Keep exploring

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...

Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.

Dangote Cement Rewards Top Distributors With ₦15 Billion Gifts

Dangote Cement celebrated its top distributors with ₦15bn in rewards at the 2026 Awards Night, recognising loyalty and highlighting the company’s Vision 2030 growth strategy.

Paystack Enters Banking With Microfinance Acquisition

Nigerian fintech Paystack has entered banking after acquiring Ladder Microfinance Bank, aiming to close Nigeria’s SME financing gap and expand beyond payments into lending and deposits.

Yari Takes Control of Geregu Power as FG Settle Sector’s Debts

Abdul-Aziz Yari has emerged as chairman and controlling shareholder of Geregu Power Plc, positioning the company for growth as the Federal Government begins settling long-standing power sector debts.

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...

Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.

Nigerian Billionaires Lose Out as TotalEnergies Sells Oil Stake

TotalEnergies has agreed to sell its Nigerian oil stake to VAARIS Resources, ending a long divestment process that sidelined several billionaire-backed bidders.

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.

Nigeria, UAE Sign Landmark Trade Pact, Open Duty Free Access for Thousands of Products

KEY POINTS Nigeria and the UAE signed a Comprehensive Economic Partnership Agreement to deepen...

Latest articles

Court Adjourns Trial of Anthony Joshua’s Driver to February 25

KEY POINTS The Sagamu Magistrate Court adjourned the trial of Adeniyi Kayode to allow...

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...

Court Throws Out Anyanwu Suit Over PDP National Secretary Role

KEY POINTS A Federal High Court in Abuja dismissed Samuel Anyanwu’s suit seeking recognition...

FG Introduces Impact Challenge as 3MTT Expands

Nigeria’s government is introducing a new challenge to assess how digital skills training under 3MTT is translating into jobs, opportunities, and long-term economic impact