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Globacom Pledges N1 Billion to Lagos Security Trust Fund

Globacom commits N1 billion to the Lagos State Security Trust Fund to support surveillance expansion and emergency response improvements in Nigeria’s largest city.
News

Amni International Denies Receivership in Cenroc Dispute

Amni International denies it has entered receivership, saying a Federal High Court order in a Cenroc dispute is limited and under appeal.

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Business

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.
Business

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.
Business

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.
Business

Roosevelt Ogbonna Buys $20 Million London Mansion

Roosevelt Ogbonna buys a $20 million Hampstead mansion, highlighting his growing global footprint beyond Access Bank’s expansion strategy.
Business

Nigeria to Tax Remote Workers, Influencers in 2026

Nigeria will tax income from remote workers, influencers, and imports starting January 2026 under sweeping new reforms, according to the presidential tax committee
Business

Otedola Denies Subsidy Fraud Links, Calls Allegations Baseless

Femi Otedola dismisses claims linking him to Nigeria’s fuel subsidy fraud, insisting Zenon Petroleum only traded diesel and that he helped expose the scheme.
Business

Oskar Ibru, Eldest Son of Ibru Dynasty Founder, Dies at 68

Oskar Ibru, chairman of the Ibru Organization, has died, leaving behind a legacy that shaped Nigeria’s economy across shipping, oil, and agriculture.
Business

Gabon’s Samuel Dossou-Aworet Deepens Bet on Nigeria’s Aradel

Oil mogul Samuel Dossou-Aworet has lifted his stake in Aradel Holdings to nearly 14%, reinforcing his $500 million Nigerian energy portfolio.
Business

Nigerian Business Leader Oskar Ibru Dies at 67

Nigerian businessman Oskar Ibru, eldest son of late tycoon Michael Ibru and chairman of the Ibru Organization, has died at 67.
Business

Otedola Raises Stake in First HoldCo by ₦2.01 Billion

Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.
Business

Nigerian Energy Mogul Ahonsi Unuigbe Takes Helm At Marconi

Ahonsi Unuigbe, founder of Petralon Energy and chairman of NGX, has been named chairman of Marconi.NG EPC Limited, strengthening his footprint in Nigeria’s energy and financial markets.
Business

Abdul Samad Rabiu Fortune Rebounds By $500 Million

Abdul Samad Rabiu fortune rebounds by $500 million as BUA Foods shares rally, cementing his place as Nigeria’s richest stock market investor.
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Business

Globacom Pledges N1 Billion to Lagos Security Trust Fund

Globacom commits N1 billion to the Lagos State Security Trust Fund to support surveillance expansion and emergency response improvements in Nigeria’s largest city.
News

Amni International Denies Receivership in Cenroc Dispute

Amni International denies it has entered receivership, saying a Federal High Court order in a Cenroc dispute is limited and under appeal.
Business

Eno Defends Akwa Ibom Oil Wells Claim

Governor Umo Eno defends Akwa Ibom oil wells ownership, citing Supreme Court rulings amid renewed Cross River revenue claims.
News

AON Urges Compliance as States Eye Airline Partnerships

AON supports state airline partnerships but warns regulators must enforce AOC rules to protect Nigeria’s aviation credibility and investor confidence.

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