HomeBusiness

Business

News

Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign worker. The patient is stable, while authorities have activated emergency response and contact tracing. Residents are urged to follow health guidelines to prevent further spread. The Cross River State Ministry of...
News

Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour Party chair and dismissed Julius Abure’s appeal. Abure rejected the judgement, insisting his tenure remains valid and calling the caretaker committee He has vowed to take the case to the...

Keep exploring

Business

Nigeria exports 55.39m barrels as Dangote chases feedstock

Nigeria exported 55.39 million barrels in the first two months of 2026 as the Dangote refinery scrambled for feedstock and leaned on imported crude.
Business

Cosmas Maduka deepens Asia Star electric bus partnership

Cosmas Maduka, founder and president of Coscharis Group, is deepening his partnership with Chinese bus manufacturer Asia Star following the delivery of 20 Coscharis electric buses to the Abia State government, the first batch of a broader rollout targeting public transport in southeastern Nigeria.
Business

Segun Ogunsanya launches CycleFlow to unlock MSME financing

Segun Ogunsanya, former group chief executive of Airtel Africa, has launched CycleFlow, an IFC-backed supply chain finance platform targeting $25 billion to $30 billion in annual financing for Nigeria's micro, small and medium enterprises.
Business

Dangote lines up advisers for pan-African refinery IPO

Aliko Dangote has appointed three financial advisers to lead a pan-African initial public offering of Dangote Petroleum Refinery and Petrochemicals Fze, targeting listings across multiple African exchanges in what analysts project will become the largest equity offering in African stock exchange history.
Business

Taiwo Afolabi appoints son LAX to SIFAX Logistics

Taiwo Afolabi, the Nigerian billionaire who chairs SIFAX Group, appointed his son Damilola Afolabi, known professionally as LAX, as executive director of SIFAX Logistics on April 10, the same day the Afrobeats singer turned 33.
Business

Presidency Clarifies ₦3.3tn Debt Settlement Plan for GenCos

KEY POINTS The Presidency clarified that the ₦3.3 trillion GenCos debt settlement approved by...
Business

Williams commissions Tetracore CNG station in Benin City

KEY POINTS Dr. Olakunle Williams commissioned Tetracore Energy Group's new CNG station in Uwusan,...
Business

Otedola, Dangote Applaud Tinubu’s Economic Reforms, Express Optimism About Nigeria’s Future

KEY POINTS Femi Otedola and Aliko Dangote met President Tinubu in Lagos on Easter...
Business

EU Partners Nigeria’s 3MTT Programme to Scale Digital Skills and Launch Talent Network

The European Union has partnered with Nigeria's 3MTT Programme to scale digital skills training and connect talent to real employment opportunities
Business

GTCO’s Agbaje built a bank he barely owns

Guaranty Trust Holding Company posted profit before tax of N1.23 trillion and declared its most generous dividend since listing for 2025, giving CEO Segun Agbaje a N410 million gross payout.
Business

Sterling Bank summit targets Nigeria’s transport logistics gap

Sterling Bank CEO Abubakar Suleiman said fixing Nigeria's transport logistics sector requires bold, coordinated execution, not incremental change, at the inaugural NTLS 2026 summit.
Business

Investigation links late Access Bank CEO to 106 London properties

A new investigation into offshore property ownership in London has linked late Access Bank CEO Herbert Wigwe to 106 properties in the British capital held through shell companies.
Load more

Latest articles

News

Cross River Confirms New COVID-19 Case, Activates Emergency Response

KEY POINTS Cross River recorded its first recent case of COVID-19 involving a foreign...
News

Abure Rejects Appeal Court Ruling, Heads to Supreme Court Over Labour Party Leadership Crisis

KEY POINTS The Court of Appeal upheld a ruling recognising Nenadi Usman as Labour...
News

NAF Airstrikes Hit Sambisa Strongholds, Kill Terrorists and Destroy Key Bases

KEY POINTS Nigerian Air Force carried out precision airstrikes in Sambisa Forest, killing several...
News

DSS Raises Alarm Over Planned Kidnap Attacks on Farmers in Kwara

KEY POINTS DSS warns of a planned increase in farmer kidnappings in parts of...