Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Aliko Dangote has pledged 95,000 skilled jobs as his Lagos refinery scales from 650,000 to 1.4 million barrels per day, set to overtake India's Jamnagar.
Forbes has valued Aliko Dangote at $30.3 billion for the first time as his now operational Lagos refinery closes the gap with Bloomberg's wealth tracker.
Nigeria's 3MTT programme has announced winners of its inaugural National Impact Challenge, spotlighting digital fellows solving real-world problems across all 36 states.
Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
Femi Otedola's FirstHoldCo has surged 32 percent in a month to leave GTCO, Zenith, Access and UBA behind as Nigeria's best-performing tier-one bank stock.
FirstBank has signed on as a sponsor of Global Trade Review West Africa 2026, a two-day Lagos conference pulling together 450 delegates from 15 countries.
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.
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.
Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.
CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.
Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.