Live intelligence from 10+ verified Nigerian and UK sources
Dangote Cement shareholders have approved a N45 dividend, amounting to N753.8 billion. The company is also targeting an ambitious production capacity of 80 million tonnes by 2030.
Tony Elumelu has retired as the Group Chairman of United Bank for Africa, with Emmanuel Nnorom appointed as his successor. This leadership change was officially announced in a statement to the Nigerian Exchange.
Petralon Energy has appointed Augustine Ekeigwe as its new Chief Operating Officer. This move is seen as a significant strengthening of the company's leadership.
Dangote Cement Plc is aiming for a 20% reduction in emissions as part of its sustainability efforts. The company has declared Environmental, Social and Governance (ESG) principles central to its strategy.
The British Nigeria Law Forum (BNLF) has launched its second summit to promote stronger legal and investment ties between Nigeria and the UK. This initiative aims to enhance collaboration and foster economic growth between the two nations.
HBM Nigeria Plc emphasizes the need for urgent climate action and sustainable infrastructure development ahead of NESt 2026. The company, part of the Huaxin Building Materials Group, aims to lead in building solutions that address environmental challenges.
HBM Nigeria has appointed Fatima Akilu and Nella Andem-Ewa as non-executive directors. This follows the resignation of two previous directors, Adenike Ogunlesi and Elenda Osima-Dokubo.
Verve International is expanding its presence across Africa and enhancing its global acceptance through partnerships with major digital platforms. This move solidifies its position as a key player in the digital payment solutions market.
Emmanuel Nnorom has been appointed as the new Chairman of United Bank for Africa (UBA) Plc, succeeding Tony Elumelu. Elumelu will retire on August 21 after completing his maximum tenure as a non-executive director.
Tony Elumelu will resign as Chairman of United Bank for Africa (UBA) in 2026 after completing his tenure. Nnorom has been appointed as his successor.
Dr. Mohammed Daggo is fostering entrepreneurship and empowering communities to enhance Africa's business landscape. His initiatives are aimed at building successful enterprises and shaping the future of entrepreneurship on the continent.
The Onitsha Chamber of Commerce, Industry, Mines and Agriculture (ONICCIMA) highlights that inadequate infrastructure and insecurity are major barriers to business growth in Onitsha. They also cite issues like flooding, multiple taxation, and unreliable electricity supply as significant challenges.
Deji Olanrewaju has been appointed as the Chairman of the Board at Zedvance Finance. This appointment highlights the company's commitment to strengthening its governance as it prepares for future growth.
RMB Nigeria Asset Management Limited has received a credit rating upgrade to 'A+' from Agusto & Co. for its money market fund, reflecting improved financial stability and management. This upgrade is expected to enhance investor confidence and attract more investments.
Ascensia Finance has marked its first anniversary by disbursing over N1.2 billion in loans to more than 300 customers. This milestone highlights the company's commitment to supporting businesses in Nigeria.
Adetola MacGregor-Oshomah emphasizes that organizations should prioritize their employees over technology. She believes that people are the key drivers of business transformation.
This article compares £5 and £10 minimum deposit bingo sites in the UK to determine which offers better value. It discusses how different deposit amounts influence bonuses and withdrawal terms.
The Nigerian Council of Registered Insurance Brokers is focused on enhancing insurance market penetration in the region. This initiative aims to increase awareness and accessibility of insurance services among the populace.
The Nigerian Shippers' Council has reported that its regulatory reforms have saved shippers over N90.6 billion and $1.348 million since November 2023. These significant port reforms are aimed at enhancing the shipping industry in Nigeria.
Akinjide Orimolade, the new President of the Chartered Insurance Institute of Nigeria, has unveiled a three-pillar plan aimed at transforming the institute and the insurance sector. This initiative is expected to enhance the industry's effectiveness and service delivery in Nigeria.
All On celebrated its 10th anniversary with a dinner and discussion featuring renewable energy experts. The event focused on partnerships and innovation to enhance energy access for millions of Nigerians.
NEM Insurance, Custodian, and Fidelity Bank have been highlighted as top stock selections this week. Investors are advised to consult their financial advisors before making any decisions.
Dangote Cement Plc has increased its dividend payout to shareholders by 50%, raising it from N30 to N45 per share. This move results in a total distribution of approximately N753.8 billion, solidifying the company's strong financial position.
FCMB Group Plc shareholders have approved a dividend payout of N23.08 billion for the 2025 financial year during their recent AGM in Lagos. All Board resolutions were also approved by shareholders attending both in person and online.
WeLight, Africa's largest solar mini-grid company, is set to expand its operations in Nigeria with a $650 million investment. This move aims to enhance renewable energy access across the country.
A Delta Airlines aircraft was struck by fireworks while preparing to land, carrying 52 passengers and six crew members. Fortunately, there were no reported injuries from the incident.
Dr. George Elombi, President of Afreximbank, praised the achievements of the African Medical Centre of Excellence in its first year. He also committed to new investments to support its growth.
BusinessDay published a report on July 7, 2026, highlighting key developments in various sectors. The article provides insights into the current economic landscape and future projections.
Dr. Richard Nyong praised the late Muritala Adegboyega Ibrahim for his significant contributions to affordable housing and philanthropy. His legacy as a real estate entrepreneur continues to inspire many in the industry.
FCMB Group Plc shareholders have approved a dividend distribution of N23.08 billion for the fiscal year 2025. This decision was made during the company's 13th Annual General Meeting in Lagos.