HomeBusiness

Business

News

Angry Zamfara Youths Block Deputy Governor’s Convoy

KEY POINTS Angry youths blocked Deputy Governor Mani Mummuni’s convoy in Gwashi. At least 20 people were reportedly killed in an October 11 ambush on traders. Residents are demanding stronger government action against banditry. Angry youths in Gwashi town, Bukkuyum Local Government Area of Zamfara...
News

Boko Haram Attack Kills Five Security Operatives in Adamawa

KEY POINTS Five security operatives are feared killed in attacks on two Adamawa communities. Troops reportedly repelled an insurgent advance towards Gombi. Residents seek stronger security as fears grow over farming and further attacks. Five security operatives, including four soldiers and a Forest Guard, are...

Keep exploring

Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
Business

Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...
Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
Business

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.
Business

Dangote Cement Rewards Top Distributors With ₦15 Billion Gifts

Dangote Cement celebrated its top distributors with ₦15bn in rewards at the 2026 Awards Night, recognising loyalty and highlighting the company’s Vision 2030 growth strategy.
Business

Paystack Enters Banking With Microfinance Acquisition

Nigerian fintech Paystack has entered banking after acquiring Ladder Microfinance Bank, aiming to close Nigeria’s SME financing gap and expand beyond payments into lending and deposits.
Business

Yari Takes Control of Geregu Power as FG Settle Sector’s Debts

Abdul-Aziz Yari has emerged as chairman and controlling shareholder of Geregu Power Plc, positioning the company for growth as the Federal Government begins settling long-standing power sector debts.
Business

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...
Business

Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.
Business

Nigerian Billionaires Lose Out as TotalEnergies Sells Oil Stake

TotalEnergies has agreed to sell its Nigerian oil stake to VAARIS Resources, ending a long divestment process that sidelined several billionaire-backed bidders.
Load more

Latest articles

News

Angry Zamfara Youths Block Deputy Governor’s Convoy

KEY POINTS Angry youths blocked Deputy Governor Mani Mummuni’s convoy in Gwashi. At least...
News

Boko Haram Attack Kills Five Security Operatives in Adamawa

KEY POINTS Five security operatives are feared killed in attacks on two Adamawa communities. ...
Business

FG renews push for 1 million CNG vehicles as about 120,000 are converted so far

The federal government has renewed its push for one million CNG vehicles to cut transport fares, with about 120,000 vehicles converted so far, officials say.
News

Private jet loses door after Abuja takeoff, lands safely as NSIB opens probe

A Triton Aviation business jet lost its door after taking off from Abuja and landed safely with nine people aboard, and NSIB is investigating.