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Keyamo Gives N21.68bn NAMA Deal to Nasiru Danu’s Firm

Nigeria's aviation minister quietly handed a N21.68 billion government contract to a company linked to Nasiru Danu, a contractor with a long record of fraud allegations.
Business

United Capital Grows Revenue 35 Percent to N58.55bn in 2025

United Capital Plc grew revenue 35% to N58.55 billion in 2025, its strongest annual performance on record, as trading income and fees accelerated sharply.

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Business

Nigerian Monarch Obateru Akinruntan Targets 200 Obat Oil Stations as Fuel Market Reshapes

KEY POINTS Obat Oil plans to grow its retail network to 200 stations across...
Business

Geregu Power Posts $29.5m Profit as Abdulaziz Yari Era Begins with Strong Results

KEY POINTS Geregu Power posted a pre tax profit of $29.53 million on revenue...
Business

Paystack Expands into Banking as Shola Akinlade Targets Nigeria’s $32bn Small Business Funding Gap

KEY POINTS Paystack has acquired and rebranded a microfinance bank to expand into lending...
Business

Otedola Hosts Rabiu, Business Leaders at Private Dubai Dinner

KEY POINTS Femi Otedola hosted Abdul Samad Rabiu and friends at a private dinner...
Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
Business

Tony Elumelu Urges CEOs to Lead With Trust, Not Titles

Tony Elumelu says modern leadership is built on trust, accessibility and execution, not hierarchy, as his businesses post landmark banking and energy deals.
Business

Dangote Cement Rewards Top Distributors With ₦15 Billion Gifts

Dangote Cement celebrated its top distributors with ₦15bn in rewards at the 2026 Awards Night, recognising loyalty and highlighting the company’s Vision 2030 growth strategy.
Business

Paystack Enters Banking With Microfinance Acquisition

Nigerian fintech Paystack has entered banking after acquiring Ladder Microfinance Bank, aiming to close Nigeria’s SME financing gap and expand beyond payments into lending and deposits.
Business

Yari Takes Control of Geregu Power as FG Settle Sector’s Debts

Abdul-Aziz Yari has emerged as chairman and controlling shareholder of Geregu Power Plc, positioning the company for growth as the Federal Government begins settling long-standing power sector debts.
Business

Nigeria Inflation Eases to 15.15% in December as NBS Revises Methodology

KEY POINTS Nigeria headline inflation slowed to 15.15 percent in December 2025, reflecting a...
Business

Rabiu Pays $500,000 Bonus to Super Eagles Despite Loss

Abdul Samad Rabiu has paid a $500,000 Super Eagles cash gift despite Nigeria’s loss, praising the team’s effort, unity and impact on national morale.
Business

Nigerian Billionaires Lose Out as TotalEnergies Sells Oil Stake

TotalEnergies has agreed to sell its Nigerian oil stake to VAARIS Resources, ending a long divestment process that sidelined several billionaire-backed bidders.
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News

Keyamo Gives N21.68bn NAMA Deal to Nasiru Danu’s Firm

Nigeria's aviation minister quietly handed a N21.68 billion government contract to a company linked to Nasiru Danu, a contractor with a long record of fraud allegations.
Business

United Capital Grows Revenue 35 Percent to N58.55bn in 2025

United Capital Plc grew revenue 35% to N58.55 billion in 2025, its strongest annual performance on record, as trading income and fees accelerated sharply.
News

Doctors Suspended Over Chimamanda Adichie Son’s Death

Three Nigerian doctors have been suspended after a medical panel found preliminary evidence of negligence in the death of Chimamanda Adichie's 21-month-old son.
Business

NPA Cargo Hits 129.3M Metric Tons in Record 2025

Nigeria's ports moved 129.3 million metric tons in 2025, the biggest annual cargo haul in the country's maritime history.

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