HomeBusiness

Business

Nigeria Secures Release of Soldiers Held in Burkina Faso

Nigeria secured the release of detained air force personnel after President Tinubu sent a senior delegation to Burkina Faso for high-level diplomatic talks

Court Blocks Police Tinted Glass Permit Enforcement

A Delta State High Court has barred police from enforcing the tinted glass permit policy nationwide, pending the hearing of a substantive legal challenge

Keep exploring

Presco Profit Doubles on Strong Palm Oil Demand

Presco Plc reported over 100 percent profit growth in nine months, driven by strong palm oil demand, higher output, and improved efficiency.

Best Forex Brokers in Nigeria

KEY POINTS When choosing a forex broker in Nigeria, look for regulation by a...

Femi Otedola Sells ₦9.3 Billion Worth of Geregu Power Shares

Femi Otedola sells part of his Geregu Power stake worth ₦9.3 billion but maintains control as the company remains a key power market player.

Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.

Moniepoint Raises $90 Million to Boost Global Expansion

Moniepoint raises $90 million to expand across Africa and Europe, strengthening its position as a leading force in African fintech innovation.

Johnvents Launches ₦100 Billion Paper for Cocoa Expansion

Johnvents launches ₦100 billion commercial paper to expand cocoa processing, deepen exports, and strengthen Nigeria’s agribusiness capacity.

Adebayo Ogunlesi Charts Africa’s AI Course From Roots

Adebayo Ogunlesi joins OpenAI and backs its African AI academy, channeling his infrastructure acumen into capacity building in Lagos and continental AI ambition.

Nigeria’s Crude Output Reaches 454 Million Barrels in Nine Months

Nigeria’s crude oil production reached 454.28 million barrels in nine months, driven by condensate output despite periodic disruptions and maintenance delays

Foreign Investors Back Nigeria’s Reform-Driven Economic Outlook

Investors at a Washington forum back Nigeria’s economic reforms, citing stronger FX markets, record reserves, and sustainable growth targets.

Stanbic IBTC Backs UAC’s Full Takeover of CHI Limited

Stanbic IBTC backs UAC’s CHI Limited acquisition in a landmark deal set to reshape Nigeria’s fast-moving consumer goods market.

Transcorp Power Reports 38 Percent Revenue Jump

Transcorp Power posts 38 percent revenue growth and 17 percent profit rise, reflecting higher power generation, cost efficiency, and expanding asset base.

Seplat Co-Founder Austin Avuru’s Stake Surges Past $200 Million

Austin Avuru’s Seplat stake climbs to $202 million as the energy firm’s shares rise 10%, lifting its market value to $2.4 billion.

Latest articles

Nigeria Secures Release of Soldiers Held in Burkina Faso

Nigeria secured the release of detained air force personnel after President Tinubu sent a senior delegation to Burkina Faso for high-level diplomatic talks

Court Blocks Police Tinted Glass Permit Enforcement

A Delta State High Court has barred police from enforcing the tinted glass permit policy nationwide, pending the hearing of a substantive legal challenge

FG Bans Wood Exports, Revokes All Licences Nationwide

Nigeria’s government has banned wood exports, revoked licences, and ordered nationwide enforcement to curb illegal logging and deforestation.

Anambra Police Arrest 300 Suspected Kidnappers, Rescue 35 Victims

Anambra police confirm 300 arrests, 35 rescues, major arms recoveries, and dismantling of kidnapping syndicates across the state in 2025.