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Dangote Petroleum Refinery has lowered the price of jet fuel to N1,650 per litre. This move aims to alleviate cost pressures on airlines and ensure a stable fuel supply.
Eterna Plc's Chairman, Gabriel Ogbechie, emphasizes the company's dedication to enhancing its fundamentals and boosting shareholder value. The commitment was highlighted during a recent virtual meeting.
Shareholders of NAHCO Plc praised the company's board and management for their strong performance, resulting in N12.18 billion in dividends and 278.44 million bonus shares. This reflects sustained improvements in shareholder value.
West Ham's potential relegation from the Premier League could lead to a £2.5 million annual cost for London taxpayers. This is due to the lease agreement for the London Stadium.
Peluxiv is an investment platform that claims to offer profitable opportunities in various markets including crypto and stocks. The review discusses its potential benefits for traders and investors globally.
Billionaire Femi Otedola has been shortlisted for the BCA African Business Book 2026. The selection features influential titles on leadership and Africa's economic future.
Oil marketers are opposing Dangote's lawsuit regarding fuel import licenses, asserting they won't let their depots face extinction due to a court ruling. The association emphasizes their commitment to protecting their interests in the fuel market.
Dangote has increased its investment in Ethiopia to $4 billion, aiming to enhance agriculture and food security. Prime Minister Abiy Ahmed views this as a strategic initiative to reduce import dependence.
Meristem Securities Limited has awarded ₦26 million to startups focused on climate innovation at the MORE Lagos Green Initiative finale. This initiative aims to accelerate climate solutions in Nigeria, showcasing a commitment to sustainability.
Mirth Farms has achieved a milestone in Nigeria's livestock sector by introducing the first Nelore calf through embryo transfer technology. This innovation marks a significant advancement in cattle breeding practices in the country.
NDPHC plans to enhance electricity supply in Lagos State by adding 1,500MW to its capacity. This initiative aims to utilize 2,000 megawatts of stranded power assets effectively.
Sterling Bank, Coronation Insurance, and Africa Prudential are highlighted as top stock picks this week. Investors are advised to consult their financial advisors before making any investment decisions.
Nigerian financial institutions are working hard to comply with the Central Bank of Nigeria's new cyber-security standards by the June 10, 2026 deadline. This initiative aims to enhance the security framework within the banking sector.
Effective talent management is crucial for the success of future African business leaders. Companies that prioritize building a strong talent pipeline will have a competitive edge in the market.
Effective talent management is crucial for the success of future African business leaders. Companies that prioritize building a strong talent pipeline will have a competitive advantage.
AdMinting is emerging as a key player in Africa's digital economy by focusing on creator-led advertising. This initiative aims to enhance the advertising landscape across the continent.
BIC has announced a $2,000 prize aimed at fostering growth in Africa's creative industry. This initiative is expected to enhance youth employment and boost the continent's global influence.
Aliko Dangote has pledged to enhance food security across Africa by increasing investments in fertiliser production. His commitment includes raising investment in Ethiopia to $4 billion.
The article highlights key investors and ecosystem builders in the Yoruba region, focusing on their contributions to the tech startup scene. Notable figures include Kola Aina and Maya Horgan Famodu, who are making significant investments in fintech and tech ventures.
Alhaji Aliko Dangote has increased his investment in Ethiopia to $4 billion, focusing on enhancing food security in Africa. His commitment includes large-scale fertilizer investments to support agricultural development.
The Lagos NIESV has invested over N200 million in training for 950 members, focusing on enhancing their professional skills and ethical practices. This initiative aims to improve the standards within the real estate sector.
First Bank and Visa have launched new multi-currency premium cards aimed at improving digital payment options for Nigerian customers. This initiative is expected to cater to a diverse range of customer needs in the financial sector.
Oil marketers in Nigeria have responded to Dangote's lawsuit, asserting that private interests should not take precedence over regulatory mandates. They emphasize that the petroleum products market is not a monopoly.
Four Nigerian banks have reported a total of N570.17 trillion in electronic transactions, showcasing their resilience against fintech competition. Zenith Bank and UBA are among the institutions leading this impressive performance.
Sterling Financial Holdings Company Plc reported an impressive 89% growth for the fiscal year 2025 and a 52% increase in the first quarter. This performance highlights the company's strong financial trajectory.
LOTUS Bank has partnered with the Federal Government on a green mobility initiative focused on CNG and electric vehicles. This collaboration aims to promote sustainable transportation solutions in Nigeria.
Marketers are opposing Dangote Refinery's lawsuit aimed at halting fuel import licenses, citing concerns over potential monopoly and market instability. This backlash highlights the ongoing tensions in Nigeria's fuel market dynamics.
LOTUS Bank has partnered with the Nigerian government to provide financing solutions for CNG and electric vehicle mobility. This collaboration aims to support Nigeria's transition to cleaner energy sources.
Mutual Benefits Assurance Plc is enhancing its operations to ensure insurance claim payouts are made within 48 hours. This initiative aims to provide quick financial relief to policyholders.
Coronation Asset Management has launched the Coronation Equity Fund, aimed at providing investors with long-term exposure to Nigeria's equities market. This initiative comes as the market experiences a rally, signaling positive growth potential.