Business

Nigerian billionaire businessman, Femi Otedola, has intervened in the ongoing fuel supply dispute between the Dangote Refinery and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), advising the...

The ₦712 billion expansion of Lagos’ Murtala Muhammed International Airport has reopened a long-standing legal battle between the Federal Airports Authority of Nigeria (FAAN) and AIC Limited, the company founded...

Nexamont Company Limited has acquired a 21.4 per cent equity stake in Royal Exchange Plc, further consolidating its position in the Nigerian insurance and financial services group. In a corporate...

Noor Takaful Insurance Limited has shared ₦404.19 million as surplus among participants who made no claims during the 2023 financial year. The announcement was made in Lagos during the company’s...

Nigeria earned $2.21 billion from crude oil exports to the United States in the first seven months of 2025, according to new data from the US Census Bureau and the...

The National Pension Commission (PenCom) has unveiled fresh strategies to expand pension coverage in Nigeria’s vast informal sector through the redesign of its Micro Pension Plan. The rebranded initiative, now...

Dangote Petroleum Refinery and Petrochemicals Limited has confirmed that it will restart gantry-based self-collection of petroleum products at its facility from Tuesday, September 23, 2025. The announcement, conveyed through an...

The African Development Bank (AfDB) has announced a $25 million equity investment in The Currency Exchange Fund (TCX), a move aimed at expanding access to local currency financing while shielding...

Kenya Airways has paid the sanction fee imposed by the Nigerian Civil Aviation Authority (NCAA) after months of dispute stemming from consumer rights violations, including the widely publicised case of...

The Bank of Industry (BOI) has been formally accredited by the Adaptation Fund as Nigeria’s National Implementing Entity (NIE) for climate-related development initiatives. This recognition positions BOI to directly access...