HomeBusiness

Business

News

Senate Confirms Tegbe, Enikanolaiye as Ministers

KEY POINTS The Senate confirmed Joseph Tegbe as Minister of Power and Sola Enikanolaiye as Minister of State for Foreign Affairs. Tegbe replaces former Power Minister Adebayo Adelabu, who resigned to pursue elective office. Enikanolaiye previously served as President Tinubu’s aide on foreign affairs...
Politics

Aisha Yesufu Dumps ADC, Joins NDC, Declares FCT Senate Ambition

KEY POINTS Aisha Yesufu has resigned from the ADC and joined the NDC alongside Peter Obi. She announced plans to contest for the FCT senatorial seat in the 2027 elections. Yesufu said her defection reflects her continued commitment to Obi’s political vision for Nigeria. Popular...

Keep exploring

Business

Air Peace To Shift Regional Flights To Daytime Operations In 2026

Air Peace plans to move regional flights to daytime operations and expand Africa routes by early 2026 to improve connectivity and passenger convenience.
Business

Anthony Joshua’s Payday Brings Massive Tax hit after Miami Fight

Anthony Joshua’s biggest fight payday delivered global headlines and a huge tax bill, cutting deep into his earnings from the Miami bout.
Business

Motorists Urge Dangote Refinery to Expand Cheap Petrol Outlets

Drivers in Abuja urge Dangote Refinery to expand affordable petrol outlets after limited MRS stations hinder access to N739 per litre fuel.
Business

Alakija Gives $23 Million Teaching Hospital to Osun University

Folorunso Alakija says the $23 million teaching hospital she donated to Osun State University is a long-term investment in healthcare and medical education.
Business

Zenith Bank Rally Lifts Jim Ovia’s Stake by $13 Million

A fresh rally in Zenith Bank shares has added more than $13 million to Jim Ovia’s stake, underlining renewed confidence in Nigeria’s banking sector.
Business

Ladi Jadesimi’s Aradel Stake Loses $5.9 Million as Shares Slide

A recent decline in Aradel Holdings Plc shares shaved nearly $6 million off the market value of chairman Ladi Jadesimi’s stake, highlighting shifting sentiment in Nigeria’s energy stocks.
Business

Flutterwave CEO Signals Path to Profit After Cost Reset

KEY POINTS Flutterwave profitability is now in sight after cost cuts and margin gains. ...
Business

Chappal Energies Secures $430 Million Financing to Refinance

Chappal Energies closed $430 million in reserve-based loans, refinancing its Equinor Nigeria deal and strengthening long-term funding for African oil assets.
Business

FCMB Wins Shareholder Backing for $274 Million Capital Raise

FCMB shareholders approved a major capital raise, strengthening buffers as Nigeria’s banking regulator tightens requirements ahead of 2026.
Business

Nigerian-Linked Investor Battles Zambia Regulator Over Stake

A Nigerian-linked firm says a settled share purchase vanished after Zambia’s central bank refused recognition and liquidated the lender.
Business

NSIA Redefines Mandate With Systems-Building Push

Nigeria’s sovereign wealth fund is evolving beyond savings, using capital and governance to fix structural gaps across healthcare, energy, innovation and housing.
Business

Tinubu Heads to Parliament with 2026 Budget

KEY POINTS President Tinubu is set to present the 2026 budget at a joint...
Load more

Latest articles

News

Senate Confirms Tegbe, Enikanolaiye as Ministers

KEY POINTS The Senate confirmed Joseph Tegbe as Minister of Power and Sola Enikanolaiye...
Politics

Aisha Yesufu Dumps ADC, Joins NDC, Declares FCT Senate Ambition

KEY POINTS Aisha Yesufu has resigned from the ADC and joined the NDC alongside...
News

Senate Row Erupts as Akpabio, Oshiomhole Clash Over New Rules

KEY POINTS Godswill Akpabio and Adams Oshiomhole clashed during Senate plenary over the interpretation...
News

IPOB Declares Total South-East Lockdown For May 30 Biafra Remembrance

KEY POINTS Indigenous People of Biafra has declared a total lockdown across the South-East...