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Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.
News

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.

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Ogbechie’s Eterna Stake Rebounds Above $20 Million

Eterna Plc shares have rebounded sharply on the Nigerian Exchange, lifting Chairman Gabriel Ogbechie’s stake back above $20 million after months of market losses.
Business

2Baba London Airport Altercation Resurfaces

Former manager Kaka Igbokwe confirms the viral London airport arrest video involving 2Baba and Natasha, reigniting widespread debate across social media.
Business

Kenya Pushes Ahead With Chinese-Led Highway Plan

Kenya advances a major highway upgrade with Chinese partners, boosted by Tony Elumelu’s investment pledge.
Business

First HoldCo Completes Sale of FBNQuest Merchant Bank

First HoldCo completes its divestment of FBNQuest Merchant Bank as Otedola advances a group-wide restructuring strategy.
Business

Access Holdings Seeks Shareholder Backing for New Capital Plan

KEY POINTS Access Holdings capital plan targets N40 billion. The capital move supports regulatory...
Business

Bassim Haidar Buys One Hyde Park Flat at Deep Discount

Bassim Haidar buys a One Hyde Park flat for £42 million, reflecting the ongoing London luxury property slump and distressed high-end sales.
Business

Dangote Signs New Deals to Advance Fertilizer Expansion Plans

Dangote accelerates fertilizer growth with new deals to expand urea capacity in Nigeria and build a major new plant in Ethiopia.
Business

Dangote Pushes Ahead With Major Refinery Expansion in India

Dangote advances a major refinery expansion through fresh India deals, pushing toward energy independence and a stronger fuel supply for Africa.
Business

Mo Dewji Secures AfDB Loan to Expand Tanzania Agro Business

AfDB approves $24.6 million to accelerate MeTL agro-industrial expansion, boosting jobs, exports, and sustainable farming across Tanzania.
Business

Sam Darwish adds $6.7 million as IHS Towers shares surge

Sam Darwish’s IHS Towers growth accelerates as the company’s shares rise, adding $6.7 million to his fortune amid renewed investor confidence.
Business

Court Voids N5.31 Billion Tax Ruling Against AEDC

A court ruling has reopened the Abuja Electricity Distribution Company tax dispute, giving the utility fresh relief amid layoffs and regulatory pressure.
Business

FIRS Denies Creating Exclusive Gateways In TSA System

FIRS rejects claims of a monopoly in the TSA collection framework, stressing its multi-channel structure and renewed focus on transparency and reform.
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Business

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.
News

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.
News

Sowore Sues Police Chief Over Alleged Rights Violations

Activist Omoyele Sowore has sued Nigeria’s police chief, alleging unlawful arrest, detention, and rights violations linked to a protest in Abuja.
News

NYSC to Standardise Protocols for Corpers With Disabilities

NYSC introduces a standardised protocol to ensure inclusive handling of corps members with disabilities during the orientation course and service year.

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