BUSINESS
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Aliko Dangote, Nigerians named in the 2025 Forbes billionaires list
Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu, and Femi Otedola have been named in the 2025 Forbes billionaires list, highlighting Africa’s…
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Nigerian company files N4.1 billion lawsuit against CBN
Zumax Nigeria Limited, an oil services company, has filed a lawsuit against the Central Bank of Nigeria (CBN) seeking N4.1 billion in damages, alleging gross negligence…
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U.S. imports 2M+ barrels of Dangote fuel
The Dangote Petroleum Refinery & Petrochemicals maintains strong global positions in the energy sector by exporting two million barrels of…
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UBA lost ₦1.14 billion to fraud in 2024 amid record profits
United Bank for Africa (UBA) delivered ₦766.6 billion ($493 million) in profit after tax for 2024 yet the Nigerian financial…
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Schneider Electric to power Eko Atlantic City
The company Schneider Electric has won the contract to provide Eko Atlantic City with sustainable uninterrupted energy through energy-efficient power…
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Dangote halts Fuel supply over Naira-for-Crude standoff
The refusal of Dangote Refinery to supply petroleum products to the Nigerian market stems from the ongoing delays in naira-for-crude…
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Hardship: Nigeria’s inflation drops signal economic recovery – CPPE, Economists
Nigerian economists and the Centre for the Promotion of Private Enterprise have explained that the two consecutive drops in Nigeria’s…
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