HomeBusiness

Business

US Freezes Assets of Eight Nigerians Over Terror, Cyber Links

US Nigeria terror sanctions freeze assets of eight Nigerians over alleged Boko Haram, ISIL and cybercrime links under OFAC designation.

Tinubu Heads to Adamawa to Commission Major Projects After Kebbi Engagement

KEY POINTS Tinubu will visit Adamawa Monday to inaugurate roads, schools, judicial buildings, and government facilities. The trip comes shortly after his official visit to Kebbi, where he attended a major cultural festival and launched state projects. The President is also expected to meet...

Keep exploring

Adebayo Ogunlesi Charts Africa’s AI Course From Roots

Adebayo Ogunlesi joins OpenAI and backs its African AI academy, channeling his infrastructure acumen into capacity building in Lagos and continental AI ambition.

Nigeria’s Crude Output Reaches 454 Million Barrels in Nine Months

Nigeria’s crude oil production reached 454.28 million barrels in nine months, driven by condensate output despite periodic disruptions and maintenance delays

Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.

Stanbic IBTC Backs UAC’s Full Takeover of CHI Limited

Stanbic IBTC backs UAC’s CHI Limited acquisition in a landmark deal set to reshape Nigeria’s fast-moving consumer goods market.

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.

Seplat Co-Founder Austin Avuru’s Stake Surges Past $200 Million

Austin Avuru’s Seplat stake climbs to $202 million as the energy firm’s shares rise 10%, lifting its market value to $2.4 billion.

Peter Obi Slams “Inhumane” Demolitions, Urges Government

Peter Obi condemns inhumane demolitions across Nigeria, warning they worsen poverty and threaten the economic stability of millions.

Abdul Samad Rabiu’s Net Worth Rises to $7.9 Billion

Abdul Samad Rabiu’s fortune climbs to $7.9 billion, lifted by the naira’s rebound and strong BUA Group performance.

Afriland First Bank Wins Approval to Expand Across Central Africa

Afriland First Bank secures Cobac approval to expand into Congo, Chad, and the CAR, reinforcing its regional leadership and growth strategy.

Tetracore Appoints Dayo Williams as MD to Boost Nigeria’s Gas and Clean Energy

Tetracore Energy Group has named Dayo Williams as Managing Director of its subsidiaries, strengthening the company's emphasis on domestic gas utilisation, the expansion of renewable energy, and regional energy transition, in alignment with Nigeria's industrialisation and energy security objectives

TY Danjuma’s Family Office Narrows 2024 Loss

TY Danjuma’s family office narrowed its 2024 loss, keeping $114 million in assets while maintaining a cautious investment strategy.

Sahara Group Targets 350,000-Barrel Output With New Oil Rigs

Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.

Latest articles

US Freezes Assets of Eight Nigerians Over Terror, Cyber Links

US Nigeria terror sanctions freeze assets of eight Nigerians over alleged Boko Haram, ISIL and cybercrime links under OFAC designation.

Tinubu Heads to Adamawa to Commission Major Projects After Kebbi Engagement

KEY POINTS Tinubu will visit Adamawa Monday to inaugurate roads, schools, judicial buildings, and...

Fubara Explains ‘Calculated Weakness’ Strategy Amid Rivers Political Crisis

KEY POINTS Fubara says his calm posture during Rivers’ political crisis was a deliberate...

East Africans Dominate Again as Kenya and Ethiopia Sweep 2026 Lagos City Marathon Titles

KEY POINTS Kenyan and Ethiopian runners once again dominated, with Ezra Kipchumba Kerin and...