HomeBusiness

Business

Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.

Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship candidate in Zamfara State through a consensus process. Marafa pledged to tackle corruption, improve security, strengthen governance, and ensure prudent management of public funds. The NDC also unveiled candidates for...

Keep exploring

British-Nigerian Ladi Delano Steers Moove Toward $2 billion

Ladi Delano’s Moove seeks $300 million at a $2 billion valuation, expanding across 20 markets with Waymo and Kovi deals fueling growth.

Tony Elumelu Boosts UBA Stake Above 16 Percent

Tony Elumelu has raised his UBA stake above 16 percent as the bank pushes new rights issues and reports stronger earnings.

Taiwo Afolabi Expands Community Projects, SAHCO Stake

SIFAX Group founder Taiwo Afolabi has commissioned new projects in Ogun State while his aviation unit SAHCO posts soaring profits and a higher valuation.

United Nigeria Airlines Strikes Boeing Deal With Southwest

United Nigeria Airlines Boeing fleet deal with Southwest boosts expansion, adding six aircraft and technical support for regional and global operations.

NAFDAC Seals Illegal Factories, Arrests Chemical Producer in Abuja

NAFDAC arrests chemical producer and seals illegal water and rice factories in Abuja amid safety crackdown.

Custodian Investment’s Stock Surge Lifts Wole Oshin’s Stake

Custodian Investment stock surge lifts Wole Oshin’s stake to $43 million, reflecting strong investor confidence in Nigeria’s insurance sector.

Dangote Refinery Halts Gasoline Unit After Technical Glitch

The $20B Dangote Refinery halted its gasoline unit after technical faults, delaying U.S. exports and pushing up refining margins in the Atlantic Basin.

TY Danjuma’s South Atlantic Petroleum Signs $10 Million Oil Deal

TY Danjuma’s South Atlantic Petroleum signs $10 million deepwater oil deal with NUPRC and TotalEnergies, boosting Nigeria’s upstream sector.

Air Peace And Embraer Will Build A Maintenance Hub In Lagos

Air Peace and Embraer are working together to create a repair hub in Lagos. This will lower the cost of servicing planes from other countries and allow direct flights between Nigeria and Brazil starting in 2025.

Access Holdings Appoints Innocent Ike as Group CEO

Access Holdings appoints Innocent Ike as Group CEO after regulatory approval, with Bolaji Agbede returning to her executive director role.

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.

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.

Latest articles

Forest routes are fueling kidnappings across South-West

Forests and porous borders across Oyo, Osun, Ogun and Ekiti are fueling a wave of South-West kidnappings, a Saturday PUNCH investigation has revealed.

Marafa Secures NDC Governorship Ticket in Zamfara

KEY POINTS Senator Kabiru Marafa has emerged as the Nigeria Democratic Congress (NDC) governorship...

Tinubu at Three Years: Nigeria on the Path to Recovery Despite Challenges

KEY POINTS President Bola Tinubu says Nigeria is undergoing difficult but necessary reforms that...

Teachers, Pupils’ Abduction Sparks Protest in Oyo

KEY POINTS Teachers and civil society groups staged a peaceful protest in Ibadan Protesters...