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Abdul Samad Rabiu’s Net Worth Rises to $7.9 Billion

Abdul Samad Rabiu’s fortune climbs to $7.9 billion, lifted by the naira’s rebound and strong BUA Group performance.

Afriland First Bank Wins Approval to Expand Across Central Africa

Afriland First Bank secures Cobac approval to expand into Congo, Chad, and the CAR, reinforcing its regional leadership and growth strategy.

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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.

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.

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.

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

Taiwo Afolabi’s SAHCO Investment Hits $48 Million

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

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.

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.

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

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.

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.

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...

Latest articles

Abdul Samad Rabiu’s Net Worth Rises to $7.9 Billion

Abdul Samad Rabiu’s fortune climbs to $7.9 billion, lifted by the naira’s rebound and strong BUA Group performance.

Afriland First Bank Wins Approval to Expand Across Central Africa

Afriland First Bank secures Cobac approval to expand into Congo, Chad, and the CAR, reinforcing its regional leadership and growth strategy.

INEC Denies Defying Court Order in Action Alliance Dispute

INEC denies disobeying a court order in the Action Alliance dispute, saying it complied on time and followed due legal process.

Lagos APC Praises Tinubu’s Pardon of Macaulay, 174 Others

Lagos APC hails Tinubu’s presidential pardon of Herbert Macaulay and others, describing it as a compassionate step toward justice and reconciliation.