Femi Otedola, billionaire businessman, has recounted the most turbulent period of his business career.   In excerpts from his forthcoming memoir, Making It Big: Lessons from a Life in Business, to be published on August 18, 2025, Otedola revealed how Nigerian banks that once pursued him with charm quickly turned …

Adedapo Segun, the chief financial officer of the Nigerian National Petroleum Company Limited and the Economic and Financial Crimes Commission (EFCC) have been sued at the Federal High Court in Abuja over the failed refinery rehabilitation and OVH Energy deal.   The plaintiffs who are lawyers accused Mr. Segun, former …

Ports & Cargo Handling Services Limited (PCHS), the port management subsidiary of SIFAX Group, has contracted Micura Services Limited to handle its stevedoring services at its terminal in Tin Can Island Port, Lagos. This agreement is part of the company’s broader restructuring effort to enhance efficiency in its port operations …

Nestlé Nigeria has introduced new clear caps across its Pure Life bottled water range to boost recyclability. The clear caps, first introduced with the launch of the 33cl Nestlé Pure Life bottles, now feature on all bottle sizes, excluding Nestlé Pure Life Protect. By eliminating the traditional blue color pigmentation, …

– As Police Service Commission Conveys Approval The Nigeria Police Force is set to take a bold and historic step in the direction of motivation, meritocracy, and morale-boosting as the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, prepares to decorate select officers recently approved for promotion by the …

The start of the third quarter saw a pick-up in growth momentum in the Nigerian private sector. Rates of expansion in output and new orders accelerated, leading to a sharp rise in purchasing activity and the fastest increase in employment since October 2023. Firms were helped to some degree in …

President Bola Tinubu has warmly congratulated Abdul Samad Rabiu, Chairman of BUA Group and one of Africa’s leading industrialists, as he marks his 65th birthday today. In a statement issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga on Sunday, Tinubu described Rabiu as one …

Like the saying that Integrity is the quality of being honest and having strong moral principles. It means consistently acting in accordance with those principles, even when it’s difficult or no one is watching. The above described Sentome Obi, a Superintendent of Police (SP) attached to the Bayelsa State Police …

Women’s advocacy group, HerRights Watch, has condemned what it described as “a calculated, misogynistic and false campaign” by SaharaReporters Publisher, Omoyele Sowore, to demonise women in the Nigeria Police Force, especially those serving in the office of the Inspector-General of Police, Kayode Egbetokun. The group described the article recently published …

Stanbic IBTC Holdings PLC has achieved a remarkable milestone, surpassing the ₦100 threshold on Tuesday, 29 July 2025, and achieving an impressive month-to-date gain of over 18% on the Nigerian Exchange, as at that date. Ending last week at N101, this dynamic stock is not only solidifying its gains but also …