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Transcorp Hotels Names Awele Elumelu as Board Chair From 2026

Transcorp Hotels appoints Awele Elumelu as chair, signaling a strategic shift toward wellness-driven hospitality and diversified revenue growth.
Business

BUA Foods Nears Completion of Nigeria’s Largest Sugar Complex

BUA Foods is close to completing Nigeria’s largest integrated sugar complex in Kwara State, a project expected to boost local production, generate power and reduce sugar imports.

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Business

Insecurity and Power Shortages Continue to Challenge Nigerian Businesses — CBN

KEY POINTS Insecurity and erratic power supply remain the top operational constraints for Nigerian...
Business

Nigeria Seeks $150 Billion to Boost Vaccine Procurement for 2026

KEY POINTS Nigeria plans to raise nearly $150 billion for vaccine procurement in 2025...
Business

Access Awards Shares to 689 Employees Under Incentive Plan

Access Holdings has vested shares to 689 employees under its Restricted Share Performance Plan to strengthen retention and reward performance.
Business

Nigeria’s $3 Billion Palm Oil Market Races Toward Self-Sufficiency

Nigeria’s palm oil market is undergoing a revival as domestic producers and agritech drive a race toward self-sufficiency, value chain prominence.
Business

Air Peace Breaks Leasing Barrier With New Boeing 737-NG

Air Peace makes history with a new Boeing 737-NG dry lease, boosting Nigeria’s aviation growth and restoring industry confidence.
Business

Dangote Refinery Cuts Petrol Price to ₦828 per Litre

Dangote Refinery cuts petrol price to ₦828 per litre under a new NNPC crude deal, easing costs for marketers and consumers.
Business

Helios Plans Full Exit From Nigeria’s Axxela After Nearly a Decade

Helios Investment Partners plans to sell its stake in Axxela, marking a strategic exit from Nigeria’s gas infrastructure space after nearly a decade.
Business

Siatech Africa Builds Liberia’s First Fully Solar-Powered City

Siatech Africa, led by Olanrewaju Olaniyan, delivers Liberia’s first solar-powered city—uniting clean energy, technology, and community empowerment across West Africa.
Business

Oando Expands Into Mining Amid Global Lithium Boom

Oando Mining expands lithium exploration push as Wale Tinubu steers Oando Plc beyond oil into new frontiers of Nigeria’s mineral and energy landscape.
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
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Business

Transcorp Hotels Names Awele Elumelu as Board Chair From 2026

Transcorp Hotels appoints Awele Elumelu as chair, signaling a strategic shift toward wellness-driven hospitality and diversified revenue growth.
Business

BUA Foods Nears Completion of Nigeria’s Largest Sugar Complex

BUA Foods is close to completing Nigeria’s largest integrated sugar complex in Kwara State, a project expected to boost local production, generate power and reduce sugar imports.
News

Airtel Africa Strikes Starlink Deal to Expand Satellite Coverage

Airtel Africa’s Starlink deal aims to extend mobile coverage into rural areas, using satellite technology to bypass towers and narrow Africa’s persistent digital divide.
News

Microsoft Deepens Digital, AI Skills Push in Nigeria

Microsoft is scaling up AI and digital skills training in Nigeria, targeting students, developers and public servants as demand for technology talent accelerates.

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