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First Bank has appointed Mr. Omodayo-Owotuga as its new executive director, highlighting its commitment to strong governance and sustainable growth. This move is seen as a step towards enhancing the bank's financial resilience.
Dangote Petroleum Refinery has filed a lawsuit against the Federal Government regarding new fuel import licenses granted to oil marketing companies. This legal action highlights ongoing tensions in Nigeria's oil sector.
Wema Bank Plc has addressed false allegations made by the NDIC regarding legacy transactions linked to Gulf Bank Plc. The bank reaffirms its dedication to corporate governance and transparency.
The Impact Investors Foundation has launched a report to monitor gender equality and social inclusion in Nigeria. This initiative aims to enhance inclusive capital commitments across the country.
Local operators in Nigeria's iGaming industry are increasingly investing in B2B platforms to enhance growth and compliance. This trend reflects a strategic move towards localized content in Africa's leading market.
BlackRock Inc. is looking to increase its investments in South Africa's infrastructure sector. The company believes the country is at a pivotal moment for infrastructure development due to ongoing reforms.
Bayelsa's state-owned Pioneer Airline has received its Air Operator Certificate and will commence commercial flights on May 25. This development marks a significant step in enhancing air travel in the region.
Trump's recent summit with Xi in Beijing did not address tariffs, despite discussions on agriculture, aviation, and artificial intelligence. This highlights ongoing trade dynamics between the U.S. and China.
NEM Insurance Plc reported a significant increase in premium income, reaching N166.8 billion for the financial year ended December 31, 2025. The company also declared a dividend of N1.50, reflecting its strong financial performance.
The Transmission Company of Nigeria has increased the national grid capacity by 600MW. This enhancement is expected to improve electricity supply across the country.
President Trump claims to have secured 'fantastic trade deals' with Xi Jinping, though details on these agreements are lacking. The focus remains on sectors like agriculture, aviation, and AI.
Aliko Dangote, Africa's richest man, has revealed his decision to sell his mansions in the US and UK. He shared insights into his lifestyle choices and disciplined routine.
Gurhan Kiziloz has successfully established Spartans.com as the 10th largest crypto casino globally. His focus on durability and sustainable growth has set the platform apart in the competitive market.
Air Peace reported an operational disruption for its Lagos-London service due to airspace access issues. The airline aims to resolve these challenges to ensure smoother operations in the future.
SAT Japan has transformed from a startup to a global leader in car exports, easing the fears of overseas buyers. Their innovative approach has made purchasing vehicles from Japan more accessible and reliable for customers worldwide.
Dangote has declined an offer from NNPC to increase its stake in the refinery. The NNPC had previously acquired a 7.25% stake and has an option for more by June 2024.
Air Peace has reported an operational disruption affecting its Lagos-London service due to airspace access issues. The airline is addressing the situation to minimize future disruptions.
Nigeria's Securities and Exchange Commission is focusing on data and artificial intelligence to enhance investment decisions in the capital market. This initiative aims to improve the overall efficiency and effectiveness of investing in Nigeria.
Billionaire Femi Otedola has increased his stake in FirstHoldCo to 19.36% after acquiring additional shares worth N43 billion. This marks his largest single purchase since taking on the role of chairman in January 2024.
Honda has reported its first operating loss since 1957, impacted by the shift to electric vehicles and external pressures. Other Japanese automakers are also facing challenges due to tariffs and competition.
Keyamo advocates for the establishment of more sub-national airlines to enhance domestic and regional air travel. He believes state-owned carriers can effectively address the current gap in flight frequencies operated by international airlines.
Ecobank Group has pledged $3 billion to boost intra-African trade over the next three years. This commitment was announced at the Africa-Forward Summit in Nairobi.
A recent EY report reveals that 56% of CEOs now view geopolitical risks as their top business concern for the coming year. This shift is influencing corporate strategies, particularly in prioritizing growth and AI investments.
NNPC has reduced its stake in the Dangote Petroleum Refinery, focusing instead on compressed natural gas (CNG). Dangote has stated that the opportunity for further collaboration is no longer available.
Former contract workers in Rivers State are threatening to shut down TotalEnergies' operations due to the alleged unjust sacking of 47 indigenous staff in 2014. This situation highlights ongoing labor disputes in the region.
The National Single Window (NSW) shipping portal is facing significant delays at ports just six weeks after its launch. This situation raises concerns about the efficiency of the new system and its impact on national shipping operations.
The ACCI President, Chief Emeka Obegolu, has encouraged Nigerian exporters to take advantage of China's new zero-tariff policy for African nations. This initiative is seen as a strategic opportunity to boost competitiveness in international markets.
CEOs, bankers, and students gathered at the Muson Centre for the Imperfectly Awesome Conversations, focusing on resilience and authenticity. Segun Ogunsanya and Godrey Ogbechie shared insights on overcoming failure and the importance of grit.
Nigerian business leaders are encouraging citizens to adopt resilience and discipline to successfully navigate challenges. They believe these qualities are essential for building a prosperous career in the face of setbacks.
Ecobank Group and several Development Finance Institutions have committed $3 billion to support the Africa-France Impact Coalition. This initiative aims to enhance development across 34 African markets.