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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.
Politics

Wase Warns Lawmakers About Criminal Infiltration

Lawmakers raised concerns after Idris Wase revealed cases of criminals infiltrating Nigeria’s security agencies through compromised recruitment processes.

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Business

Femi Otedola Warns Depot Owners as Refinery Reshapes Market

Femi Otedola backs Dangote Refinery and warns depot owners their model is outdated as Nigeria embraces fuel deregulation and local supply.
Business

British-Nigerian Ladi Delano Steers Moove Toward $2 billion

Ladi Delano’s Moove seeks $300 million at a $2 billion valuation, expanding across 20 markets with Waymo and Kovi deals fueling growth.
Business

Tony Elumelu Boosts UBA Stake Above 16 Percent

Tony Elumelu has raised his UBA stake above 16 percent as the bank pushes new rights issues and reports stronger earnings.
Business

Taiwo Afolabi Expands Community Projects, SAHCO Stake

SIFAX Group founder Taiwo Afolabi has commissioned new projects in Ogun State while his aviation unit SAHCO posts soaring profits and a higher valuation.
Business

United Nigeria Airlines Strikes Boeing Deal With Southwest

United Nigeria Airlines Boeing fleet deal with Southwest boosts expansion, adding six aircraft and technical support for regional and global operations.
Business

NAFDAC Seals Illegal Factories, Arrests Chemical Producer in Abuja

NAFDAC arrests chemical producer and seals illegal water and rice factories in Abuja amid safety crackdown.
Business

Custodian Investment’s Stock Surge Lifts Wole Oshin’s Stake

Custodian Investment stock surge lifts Wole Oshin’s stake to $43 million, reflecting strong investor confidence in Nigeria’s insurance sector.
Business

Dangote Refinery Halts Gasoline Unit After Technical Glitch

The $20B Dangote Refinery halted its gasoline unit after technical faults, delaying U.S. exports and pushing up refining margins in the Atlantic Basin.
Business

TY Danjuma’s South Atlantic Petroleum Signs $10 Million Oil Deal

TY Danjuma’s South Atlantic Petroleum signs $10 million deepwater oil deal with NUPRC and TotalEnergies, boosting Nigeria’s upstream sector.
Business

Air Peace And Embraer Will Build A Maintenance Hub In Lagos

Air Peace and Embraer are working together to create a repair hub in Lagos. This will lower the cost of servicing planes from other countries and allow direct flights between Nigeria and Brazil starting in 2025.
Business

Access Holdings Appoints Innocent Ike as Group CEO

Access Holdings appoints Innocent Ike as Group CEO after regulatory approval, with Bolaji Agbede returning to her executive director role.
Business

Tinubu Halts Raw Shea Exports to Spur Local Processing

Nigeria suspended raw shea exports to expand local processing, create jobs, and capture more value in the $6.5 billion global shea market.
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Latest articles

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.
Politics

Wase Warns Lawmakers About Criminal Infiltration

Lawmakers raised concerns after Idris Wase revealed cases of criminals infiltrating Nigeria’s security agencies through compromised recruitment processes.
News

AU, ECOWAS Condemn Guinea-Bissau Military Takeover

AU and ECOWAS observers condemned the Guinea-Bissau military takeover, calling for the release of detained election officials and a return to constitutional rule.
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.

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