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Pan-African Billionaire Benedict Peters Deploys High-Tech Aircraft to Map Madagascar’s Hidden Mineral Wealth

KEY POINTS Pan-African billionaire Benedict Peters has deployed three high-tech aircraft to map Madagascar’s mineral resources under a government agreement. The project will provide free, detailed geological data to help the country attract investors and negotiate better mining deals. The initiative could shift control...
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CBN, NCC Sign MoU To Tackle SIM-Related Fraud in Nigeria

The Central Bank of Nigeria and the NCC have signed a memorandum of understanding to tackle SIM-related fraud and launch a shared phone-number risk portal.

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Business

Nigeria’s New Mining Boom: 8 Entrepreneurs In Mining

Nigeria’s new mining boom is redefining wealth creation as local entrepreneurs turn gold, lithium, and rare earths into legitimate billion-naira enterprises.
Business

UBA Third-Quarter Profit Reports ₦537.5 Billion Profit

UBA posts N537.5 billion profit in Q3 2025, boosting its capital strength and reaffirming investor confidence through disciplined growth and recapitalisation.
Business

Nigeria Secures $500 Million for Solar Manufacturing

Nigeria secures $500 million to boost solar manufacturing, aiming to expand renewable capacity and export locally made panels across Africa
Business

Otedola Donates ₦4bn for Augustine University Engineering Block

Femi Otedola donates ₦4 billion to build a state-of-the-art electrical and electronics engineering block at Augustine University.
Business

GTCO Q3 Profit Before Tax Rises 39 Percent to N299.9 Billion

GTCO reports a 39 percent year-on-year rise in Q3 profit before tax to N299.9 billion, driven by solid core income growth and strong asset performance.
Business

OpenAI Plans $1 Trillion IPO, Expands Rapidly

OpenAI, with Adebayo Ogunlesi on its board, is reportedly preparing for a $1 trillion IPO by 2026 to finance global AI expansion.
Business

Abubakar Isa Appeals Court Ruling Over Teleology Shares

Alhaji Abubakar Isa challenges the Federal High Court’s ruling over the alleged illegal transfer of 43 million Teleology shares.
Business

Access Holdings Profit Falls 23 Percent Despite Rise in Earnings

Access Holdings reports higher revenue but a 23 percent profit fall in H1 2025, hit by weaker forex gains and rising impairment charges.
Business

Abdul Samad Rabiu Nears $10 Billion Mark as BUA Stocks Surge

Abdul Samad Rabiu’s fortune climbs to $9.2 billion, powered by soaring BUA Foods and BUA Cement shares, rising dividends, and a stronger naira.
Business

Nigeria Imposes $11.5 Passenger Security Levy Starting December

Nigeria’s NCAA introduces a $11.5 APIS levy from December 1, adding to air travel costs and drawing industry criticism over multiple taxation.
Business

NIPCO to Acquire 19 Percent Stake in Savannah Energy

NIPCO Plc will acquire a 19 percent stake in Savannah Energy Plc, strengthening the Kansagra family’s position in Nigeria’s growing gas sector.
Business

Aradel Raises ND Western Stake to 81.7 Percent

Aradel boosts its stake in ND Western to 81.67 percent, reinforcing its upstream dominance and expanding its role in Nigeria’s oil and gas industry.
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News

Pan-African Billionaire Benedict Peters Deploys High-Tech Aircraft to Map Madagascar’s Hidden Mineral Wealth

KEY POINTS Pan-African billionaire Benedict Peters has deployed three high-tech aircraft to map Madagascar’s...
News

CBN, NCC Sign MoU To Tackle SIM-Related Fraud in Nigeria

The Central Bank of Nigeria and the NCC have signed a memorandum of understanding to tackle SIM-related fraud and launch a shared phone-number risk portal.
Politics

APC Releases 2027 Election Timetable, Sets Presidential Form at ₦100 Million

KEY POINTS APC set presidential nomination form at ₦100m and governorship at ₦50m for...
News

Ogun East APC Endorses Dapo Abiodun for 2027 Senate Bid

KEY POINTS Ogun East APC leaders endorsed Dapo Abiodun as consensus candidate for 2027...