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Lagos Announces Temporary Traffic Diversion Ahead of Autofest 2025 Street Race

KEY POINTS Lagos State will divert traffic on parts of Lagos Island on December 22, 2025, for the Lagos Autofest street race Movement will be restricted around Inner Marina, Marina Road and Kakawa Street between noon and 7 pm Traffic agencies and security operatives...

December 19, 2025

News

Nigeria’s Senate Confirms 64 Ambassadorial Nominees

KEY POINTS The Senate has confirmed 64 career and non-career ambassadorial nominees submitted by President Tinubu Lawmakers raised concerns about the absence of nominees from Zamfara State, with assurances that more names will follow The nominations have drawn mixed reactions, with critics questioning the...

December 18, 2025

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Business

Transcorp Hotels Names Awele Elumelu as Board Chair From 2026

Transcorp Hotels appoints Awele Elumelu as chair, signaling a strategic shift toward wellness-driven hospitality and diversified revenue growth.

December 17, 2025

Business

BUA Foods Nears Completion of Nigeria’s Largest Sugar Complex

BUA Foods is close to completing Nigeria’s largest integrated sugar complex in Kwara State, a project expected to boost local production, generate power and reduce sugar imports.

December 17, 2025

Business

BUA Awards $20.7 Million to 1,706 Employees for Long Service

BUA Group rewarded 1,706 long-serving employees with N30 billion in cash, underscoring Abdul Samad Rabiu’s people-first approach to corporate growth.

December 16, 2025

Business

Dangote Accuses Fuel Regulators of Undermining Refining Push

Aliko Dangote accuses Nigeria’s fuel regulators of undermining local refining, escalating a dispute over imports, transparency and energy policy direction.

December 16, 2025

Business

Top Four Nigerian Financial Firms Led By Under-40 Founders

Nigeria’s financial sector is being reshaped by under-40 founders building fintech companies that expand inclusion, support SMEs and attract global investor attention.

December 15, 2025

Business

African Billionaires Step Into the Spotlight on Instagram

Africa’s wealthiest figures are cautiously embracing Instagram, using selective visibility to humanize power and redefine how influence works in a digital age.

December 15, 2025

Business

Chagoury Backs Lagos Luxury Market With ORCA Deco Mall

ORCA Deco Mall has opened in Eko Atlantic, betting on Lagos’ high-end consumers and marking a major vote of confidence in Nigeria’s retail future.

December 13, 2025

Business

Dangote Pledges Quarter of Fortune to Foundation

Aliko Dangote has committed 25 percent of his $30 billion fortune to his foundation, formalizing one of Africa’s biggest long-term philanthropic pledges.

December 13, 2025

Business

FCMB Group Posts Strong Nine-Month Results

FCMB Group reported strong nine-month 2025 results as profit, interest income, and digital revenues grew despite weaker non-interest gains.

December 11, 2025

Business

Nigeria Offers $50 Million Lithium Plant to Attract Global Miners

Nigeria offers $50 million lithium plant, duty waivers and security upgrades to lure miners, building processing clusters across multiple states.

December 11, 2025

Business

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.

December 10, 2025

Business

Access Bank Acquires Standard Chartered Cameroon

Access Bank completes its takeover of Standard Chartered Cameroon, widening its regional network and driving stronger group performance across African markets.

December 9, 2025