HomeBusiness

Business

ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings were moved because of security risks. Union accuses management of hiding security concerns from staff and students. The Academic Staff Union of Polytechnics, ASUP, Federal Polytechnic Offa Chapter, has directed all...

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued and taken to hospital. LASEMA urged developers to use certified professionals. A two-storey building undergoing manual demolition has partially collapsed in the Aboru area of Alimosho Local Government Area of Lagos...

Keep exploring

FCMB Group Posts Strong Nine-Month Results

FCMB Group reported strong nine-month 2025 results as profit, interest income, and digital revenues grew despite weaker non-interest gains.

Nigeria Offers $50 Million Lithium Plant to Attract Global Miners

Nigeria offers $50 million lithium plant, duty waivers and security upgrades to lure miners, building processing clusters across multiple states.

Dangote Reclaims $30 Billion Net Worth as Cement Lifts Fortune

Aliko Dangote’s net worth has climbed back to $30 billion as rising cement shares and aggressive refinery expansions recharge his business empire.

Access Bank Acquires Standard Chartered Cameroon

Access Bank completes its takeover of Standard Chartered Cameroon, widening its regional network and driving stronger group performance across African markets.

Nwanze Reflects on Crisis, Capital and the Future of African Energy

Sam Nwanze breaks down how Africapitalism, discipline, and financial innovation helped Heirs Energies navigate crises and chart a stronger future.

Seplat Energy Boosts Output After Replacing Key Offshore Unit

Seplat Energy has completed a major inlet gas exchanger upgrade offshore Nigeria, boosting NGL output and strengthening its 2025 operational performance.

NAFDAC Gains Full Membership in Global Drug Body

NAFDAC has secured full ICH membership, placing Nigeria among top global regulators and strengthening access to high-quality, safe and effective medicines.

Starlink Global Rises as Key Player in Non-Oil Exports

Starlink Global export growth pushes Nigeria’s non-oil market forward as Adeniji Adeyemi expands cocoa operations into a $550 million export powerhouse.

BUA Group Signs New Deal To Boost Rice Processing Capacity

BUA Group accelerates its food-sector growth with a new rice processing partnership, strengthening its expansion strategy across Nigeria’s manufacturing landscape.

Court Pauses $111 Million Loan Case Involving Emeka Offor

A London court pauses the Emeka Offor loan dispute, giving Kaztec Engineering space to negotiate a path out of a $111 million debt clash.

First HoldCo Partners With Microsoft to Advance Africa’s Innovation

The First HoldCo Microsoft partnership aims to accelerate innovation and expand technology access across Africa under Femi Otedola’s leadership.

CBN Lifts Limits, Raises Weekly Withdrawal Threshold

The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.

Latest articles

ASUP Orders Staff Off Campus Over Security Fears

KEY POINTS ASUP orders academic staff off Federal Polytechnic Offa campus. Council says meetings...

Two-Storey Building Collapses in Aboru Area of Lagos State

KEY POINTS One person died in the Lagos building collapse. Two workers were rescued...

NDLEA Brings Wanted Drug Suspect Back from Benin

KEY POINTS NDLEA arrests Festus Ibewuike in Benin Republic. He is linked to 49.70kg...

Kara Bridge Repairs Trigger Major Lagos-Ibadan Expressway Gridlock

KEY POINTS Kara Bridge repairs trigger severe Lagos-Ibadan gridlock. Traffic stretches from Kara towards...