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NUPRC Chief Sees Opportunity in Nigeria’s Upstream Revival

Nigeria’s new upstream regulator says clear rules, collaboration, and technology will unlock investment and raise oil and gas output under the Petroleum Industry Act.
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UNN Names Chimamanda Adichie Visiting Professor

The University of Nigeria, Nsukka, is strengthening academic excellence by appointing Chimamanda Adichie and other global scholars as visiting professors.

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Business

Otedola Raises Stake in First HoldCo by ₦2.01 Billion

Femi Otedola increases stake in First HoldCo by N2.01 billion, strengthening his hold in Nigeria’s oldest financial institution.
Business

Nigerian Energy Mogul Ahonsi Unuigbe Takes Helm At Marconi

Ahonsi Unuigbe, founder of Petralon Energy and chairman of NGX, has been named chairman of Marconi.NG EPC Limited, strengthening his footprint in Nigeria’s energy and financial markets.
Business

Abdul Samad Rabiu Fortune Rebounds By $500 Million

Abdul Samad Rabiu fortune rebounds by $500 million as BUA Foods shares rally, cementing his place as Nigeria’s richest stock market investor.
Business

14 Nigerian Banks Meet New CBN Capital Rules, Cardoso Says

CBN Governor Olayemi Cardoso says 14 Nigerian banks have now met new capital requirements, marking strong progress in the recapitalisation drive launched in March.
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Femi Otedola backs Dangote Refinery and warns depot owners their model is outdated as Nigeria embraces fuel deregulation and local supply.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.
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NUPRC Chief Sees Opportunity in Nigeria’s Upstream Revival

Nigeria’s new upstream regulator says clear rules, collaboration, and technology will unlock investment and raise oil and gas output under the Petroleum Industry Act.
News

UNN Names Chimamanda Adichie Visiting Professor

The University of Nigeria, Nsukka, is strengthening academic excellence by appointing Chimamanda Adichie and other global scholars as visiting professors.
News

Transport Fares Rise in October as Okada Costs Surge

Transport fares rose across Nigeria in October, led by sharp increases in motorcycle travel, as inflationary pressures continue to strain household budgets.
News

INEC Sets February 21 for Rivers Bye Elections

KEY POINTS • INEC schedules Rivers State bye elections for February 21, 2026• Vacancies arose...

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