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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.
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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.
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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.
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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.
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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.
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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.
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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...
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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.
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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
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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.
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