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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

Tinubu Halts Raw Shea Exports to Spur Local Processing

Nigeria suspended raw shea exports to expand local processing, create jobs, and capture more value in the $6.5 billion global shea market.
Business

Dangote Refinery and Japan’s Mitsui Signed A Petrochemicals Deal

Dangote refinery enters a contract with Mitsui to increase Nigeria's petrochemicals, focusing on resins, plastics, and fertilizers, while lowering Africa's expensive imports.
Business

Dangote Tops Forbes List as Africa’s Richest Man

Dangote tops Forbes list with $24.4 billion, cementing his 14-year reign as Africa’s richest man and outpacing rivals across the continent.
Business

NNPC, Gas Suppliers Sign 20-Year Agreement With NLNG

NNPC and partners sign 20-year supply agreements with NLNG to secure Feedgas, strengthen energy future, and ensure fairness in gas pricing
Business

Taiwo Afolabi’s SAHCO Investment Hits $48 Million

KEY POINTS Taiwo Afolabi owns 60.76 percent of SAHCO, which is now valued $48.24...
Business

Lafarge Africa’s Profits in The Second Quarter Rose To 248 Percent

Lafarge Africa's profits in the second quarter of 2025 rose by 248% thanks to a 70% rise in sales and better operational efficiency.
Business

Nigeria to Roll Out Interest-Free Loans for Farmers, Businesses

Nigeria’s Federal Government says it will start disbursing interest-free loans of up to N100,000 to smallholder farmers and businesses under the GEEP FarmerMoni scheme before the end of 2025.
Business

Nigeria’s $60 Billion Chinese-Funded Bullet Train Nears Final Approval

Nigeria’s $60 billion bullet train is on track, with funds secured and government approval close, promising to transform travel and boost the economy
Business

Nigerian Stocks Extend Rally on Insurance Reform and Earnings

Nigerian stocks rise for the 11th straight week, driven by insurance reform, strong Q2 earnings, and investor optimism.
Business

Oil and Gas Safety Regulations Aligns in Nigeria

NMDPRA is merging multiple HSE guidelines to ease compliance and improve safety in Nigeria’s oil and gas industry.
Business

Femi Otedola’s Rise and Fall: A Cautionary Tale of Banks, Business, and Betrayal

KEY POINTS Femi Otedola shares his rise and fall in the Nigerian business world...
Business

Nigerian Banks’ Deposits with CBN Soar Dramatically High

The CBN's deposits from Nigerian banks grew by over 800% year over year in 2025. This shows that the money market was tighter and there was too much cash.
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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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