HomeBusiness

Business

NEMA Activates Nationwide Emergency Response for Festivities

NEMA has activated nationwide emergency response plans for the festive season, boosting inter-agency coordination and urging Nigerians to prioritise safety amid increased travel and public activities.

How Gen Z Founders Are Rewriting Nigeria’s Consumer Market

Gen Z entrepreneurs Nigeria are transforming the consumer market with mobile-first brands, social commerce, and trust-driven business models that reflect how Nigerians live today.

Keep exploring

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.

Peter Obi Slams “Inhumane” Demolitions, Urges Government

Peter Obi condemns inhumane demolitions across Nigeria, warning they worsen poverty and threaten the economic stability of millions.

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.

Tetracore Appoints Dayo Williams as MD to Boost Nigeria’s Gas and Clean Energy

Tetracore Energy Group has named Dayo Williams as Managing Director of its subsidiaries, strengthening the company's emphasis on domestic gas utilisation, the expansion of renewable energy, and regional energy transition, in alignment with Nigeria's industrialisation and energy security objectives

TY Danjuma’s Family Office Narrows 2024 Loss

TY Danjuma’s family office narrowed its 2024 loss, keeping $114 million in assets while maintaining a cautious investment strategy.

Sahara Group Targets 350,000-Barrel Output With New Oil Rigs

Sahara Group boosts oil production plans with new rigs, targeting 350,000 barrels daily under Tope Shonubi’s push for energy growth in Africa.

Payaza Repays $13.9 Million Commercial Paper

Payaza completes $13.9 million repayment under its commercial paper plan, reinforcing investor trust and showing Nigeria’s fintech market maturity.

Roosevelt Ogbonna Buys $20 Million London Mansion

Roosevelt Ogbonna buys a $20 million Hampstead mansion, highlighting his growing global footprint beyond Access Bank’s expansion strategy.

Latest articles

NEMA Activates Nationwide Emergency Response for Festivities

NEMA has activated nationwide emergency response plans for the festive season, boosting inter-agency coordination and urging Nigerians to prioritise safety amid increased travel and public activities.

How Gen Z Founders Are Rewriting Nigeria’s Consumer Market

Gen Z entrepreneurs Nigeria are transforming the consumer market with mobile-first brands, social commerce, and trust-driven business models that reflect how Nigerians live today.

More Funds, More Pains As Nigeria’s Allocations Double While Poverty Deepens

Nigeria shared record FAAC revenue, yet rising prices, poverty growth, and limited grassroots impact left millions worse off nationwide today.

7 Human Behaviours That Boost Longevity and Happiness

Seven everyday behaviours that support longevity and happiness, plus practical tips to help you live longer and feel better.