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Access Bank UK's profits surged by 73.5%, making it the largest earnings contributor for Access Holdings Plc, surpassing Nigeria for the first time. This marks a significant milestone in the bank's international expansion strategy.
Aliko Dangote aims for a $50 billion valuation of his refinery ahead of its listing in Nigeria. This move highlights the growing potential of the Nigerian oil sector.
Investors are re-evaluating First HoldCo following a successful rights issue and improved Q1 earnings. The company's balance-sheet repair is positively influencing market perceptions.
Access Bank UK's subsidiary has become the largest earnings contributor for Access Holdings, surpassing Nigeria for the first time. This marks a significant milestone in the bank's international operations.
Jili Games enhances the GameZone experience by offering a diverse range of exciting slots and unique themes. Players can enjoy endless entertainment and fun gameplay online.
Jili Games enhances the GameZone experience by offering a diverse range of exciting slots and unique themes. This innovation promises endless entertainment for online players.
Powell Homes and Shelters Ltd has launched the construction of the Wonderland Estate in Emene, Enugu. The project aims to provide affordable smart living options for residents.
Nigeria Mortgage Refinance Company has successfully listed an N11.50 billion fixed rate bond on the FMDQ Exchange. This move is expected to enhance liquidity in the mortgage sector.
Lagos-bound Delta passengers experienced a frustrating journey, spending nearly a full workday in the air only to return to Atlanta. This incident highlights ongoing issues in international flight operations.
Dangote is planning to invest $17 billion in a refinery project in Kenya. The Kenyan president commended him for showcasing African capability in executing large-scale projects.
President Bola Tinubu has arrived in Nairobi to support the $17 billion Dangote refinery project in Kenya. The initiative aims to enhance Nigeria's influence in the East African market.
Dr. Caroline Ndubuisi emphasizes the importance of relevance over volume in participation for the 28th Annual Tax Conference. This approach aims to enhance the quality of discussions and outcomes at the event.
A Delta Air Lines flight to Lagos returned to Atlanta after eight hours in the air, leaving passengers stranded. This incident has raised concerns among the affected Nigerian travelers.
Shareholders of 11 Plc have approved a N9.50 dividend and committed to expanding the investor base. The acting MD has expressed a focus on increasing market share.
Abba Aliyu of the Rural Electrification Agency is positioning Nigeria as a leader in off-grid energy solutions for Africa. His efforts are part of a broader strategy to enhance the country's energy landscape.
A Delta Air Lines flight to Lagos returned to Atlanta after eight hours in the air, stranding Nigerian passengers. This incident has raised concerns about airline operations and passenger safety.
Aliko Dangote's move to revive a London listing for Dangote Cement is making waves in Nigeria's capital markets. This shift is seen as a test of the company's valuation gap between London and Nigeria.
AIICO, Fidelity, and May & Baker are highlighted as top stock picks for the week. Investors are advised to consult their financial advisors before making decisions.
Airtel Africa has reported a significant increase in earnings, driven by data usage and favorable currency fluctuations. This highlights the impact of market dynamics on telecommunications performance in frontier markets.
OPay is preparing for a potential US IPO, engaging major banks for the process. This move highlights concerns about Lagos losing its status as a hub for unicorn startups.
The importance of mentorship in the success of the Student Venture Capital Grant has been highlighted. Recommendations to the Federal Government emphasize the need for guidance and support for students in their entrepreneurial endeavors.
User perceptions and behaviors towards cybersecurity are vital for the success of digital banking in West Africa. Understanding these factors can enhance security measures and user trust in financial services.
FirstHoldCo Plc is seeking shareholder approval to increase its capital base to N1 trillion, aiming to strengthen its balance sheet. This move marks a significant step towards aggressive expansion for the parent company of First Bank.
The article from BusinessDay discusses various topics relevant to the Nigerian business landscape. It highlights key developments and trends that could impact the economy moving forward.
Dangote plans to invest $17 billion in a new refinery in Kenya, aiming for a capacity of 650,000 barrels per day. This move comes amid concerns over unaccounted funds at NNPC and calls for the privatization of refineries in Nigeria.
Petralon Energy has successfully increased oil production on Dawes Island by 2,800 barrels per day. This achievement comes just six months after the DI-3 well was brought onstream.
Transnational Corporation Plc has announced a dividend of N20.3 billion, equating to N2.00 per share, during its 20th Annual General Meeting in Abuja. This move is expected to delight shareholders and enhance investor confidence.
The aviation union has raised alarms over the severe jet fuel shortages in Nigeria, warning that the situation is pushing the industry to its limits. This crisis could have significant implications for air travel and operations in the country.
Six insurance firms are actively seeking to raise N60 billion ahead of the July 30, 2026 recapitalisation deadline. This move highlights the urgency within the insurance sector to strengthen their financial positions.
Tola Talabi's proposal for a dedicated power ring around Victoria Island aims to address the ongoing power challenges faced by businesses. This initiative has caught the attention of experienced investors looking to enhance energy reliability in Nigeria's commercial hub.