Live intelligence from 10+ verified Nigerian and UK sources
Telecom companies in Nigeria have reassured the public that a review of mobile termination rates by the NCC will not result in increased tariffs. They aim to maintain tariff stability amidst ongoing regulatory assessments.
Truck drivers in Lagos have developed a new database to improve management challenges at the ports. The initiative by the Association of Maritime Truck Owners aims to enhance professionalism and operational efficiency in maritime haulage.
Marketsquare celebrates its 10th anniversary, highlighting its significant impact on Nigeria's retail sector. The indigenous chain is recognized as a success story in the country's business landscape.
Dangote Petroleum Refinery is dedicated to fostering the next generation of African engineers and innovators. This commitment was highlighted during an educational visit by students from the Federal University of Technology, Owerri.
OGTAN is set to enhance skills in Nigeria's oil and gas sector with a Trainers' Fair planned for 2026. This initiative aims to strengthen human capacity development in the petroleum industry.
Adewale Adeniyi is initiating regular discussions between Nigeria Customs and U.S. businesses to enhance trade relations. This initiative aims to address trade facilitation challenges and strengthen economic ties.
Regency Alliance Insurance Plc is set to raise N3.04 billion through a rights issue as part of its recapitalisation efforts. This move is expected to strengthen the company's financial position.
Air Peace's aircraft was grounded due to a bird strike at Kano airport, but the airline has quickly deployed an alternative plane. This action aims to minimize disruption and ensure passenger safety.
Eleven Nigerian states are gearing up to compete for recognition at the upcoming BusinessDay competitiveness awards. This event highlights the commitment of these states to enhance their investment readiness and competitiveness.
FirstHoldCo has successfully completed a N45 billion private placement to strengthen FirstBank's capital base. This move is part of a larger N350 billion Private Placement programme.
Polaris Bank has launched a financial literacy training program for students in Katsina, promoting youth empowerment and financial inclusion. This initiative aims to equip young people with essential financial skills.
Telecom operators in Nigeria are set to invest $1.38 billion to improve network infrastructure despite facing operational challenges. This investment marks a significant commitment to enhancing the sector's growth and service delivery.
Khaled Salah, AVEVA's VP for African markets, highlighted the resilience and potential of African markets for business growth during his visit to Nigeria. He emphasized the talent available in these markets as a key driver for scaling businesses.
Visa's annual study reveals a rise in AI shopping in Nigeria, despite ongoing trust concerns among consumers. The report highlights the need for increased awareness around digital commerce and fraud prevention.
Yuno has partnered with Onafriq to enhance payment solutions for businesses across Africa. This collaboration aims to provide a robust payments infrastructure for merchants globally.
TranESS has launched new battery storage solutions aimed at enhancing renewable energy usage. The initiative includes financing options to support businesses in adopting these technologies.
ValueJet has launched a specialized Boeing technical training program for its aircraft maintenance engineers. This initiative highlights the airline's commitment to safety and operational excellence.
Enterprise Trade and Knowledge (ETK) is set to launch its Momentum initiative in Lagos, marking the beginning of its global expansion strategy. This move highlights Nigeria's growing importance in international trade and economic development.
Nonso Okpala, CEO of VFD Group, has encouraged young Nigerians to tap into innovation and digital opportunities for financial success. He emphasizes the importance of entrepreneurship in leveraging attention capital.
Regency Alliance Insurance Plc has announced a N3 billion rights issue aimed at enhancing its capital and expanding operations. The initiative will also support the company's digital transformation efforts.
ISSAN warns that rising cyber threats like identity theft and ransomware could undermine business sustainability and profitability in Nigeria. The organization emphasizes the need for enhanced security measures to protect businesses from these evolving risks.
Air Peace has launched new flight routes connecting Lagos to several West African cities to enhance trade and tourism. The new services are expected to foster economic growth in the region.
Great Nigerian Insurance Plc has launched a N15.6 billion rights issue, approved by the Securities and Exchange Commission. The company aims to issue 6 billion ordinary shares to enhance its capital base.
Stephanie Oforka emphasizes the significance of stewardship for Nigerian business leaders. Her insights are shaping leadership discussions in the corporate sector.
JustMarkets has announced the introduction of SpaceX stock CFDs for its clients, starting June 17, 2026. This move opens up new trading opportunities in the aerospace sector.
Shell has appointed Elohor Aiboni as the new Country Chair for its Nigeria operations. Aiboni, a former Managing Director of SNEPCo, succeeds Marno who has served for over six years.
Okomu Oil Palm Plc is shifting its focus to the domestic market due to declining export earnings. The company's first-quarter results indicate a strategic pivot to boost growth locally.
Aba Power Limited has praised the residents of Obohia Ndoki for their vigilance in preventing vandalism of electricity facilities. The collaboration with the Abia State Community Police has been highlighted as a key factor in safeguarding infrastructure.
Ripple has made a significant investment in Flutterwave, valuing the Nigerian payments company at $3.2 billion. This funding aims to enhance stablecoin payments across Africa.
BusinessDay highlights significant developments in Nigeria's business landscape as of June 17, 2026. The report covers various sectors and their impact on the economy.