Business

Archlight Nigeria Limited has strongly denied the misleading and unfounded claims recently made by 86 Gardens Limited in a court filing seeking to interfere with the legitimate ownership and transfer of shares in the Ibadan Electricity Distribution Company (IBEDC).   In a statement released by the company’s legal consultant, Jesuyemisi …

Shipowners in Nigeria have called for the prosecution of officials of the Nigerian Maritime Administration and Safety Agency (NIMASA) over the failed 50 billion floating dock project. This call follows years of inactivity and mounting concerns about the dock’s operational status which has remained idle for years despite huge investments …

  The Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, has been admitted to the prestigious Freedom of the City of London in a distinguished ceremony which held at the Mansion House, City of London on Monday, April 7th, 2025. This prestigious accolade is a testament to Mr. …

The Enugu Chamber of Commerce, Industries, Mines, and Agriculture (ECCIMA) has applauded the contributions of the Pan African Conglomerate, Dangote Industries Ltd to the growth of Nigeria’s economy and general Arica’s development. Deputy President of ECCIMA, Mr. Eric Chime, speaking at Dangote Group Special Day at the ongoing 2025 Enugu International Trade Fair said the …

… ‘Award Will Help Sustain Our Efforts’ President of the Dangote Group, Aliko Dangote, has been named Person of the Year, even as he advocated a collaboration between the public and the private sector to help resolve Nigeria’s economic conundrum. Speaking at the 17th edition of the Leadership Annual Conference and …

Let us be honest — if I had a naira for every time a CEO said or thinks PR is a “cost center,” I would probably have built a second agency by now. And I get it — PR feels intangible to some folks in the C-suite. It is not always as direct as …

As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc, recently donated food packs to Federal Capital Territory (FCT) Abuja residents. Themed, the Fidelity Food Bank initiative, the outreach saw the bank’s officials distribute the food items to seven communities in the Mabushi district of …

Ten Deposit Money Banks (DMB) earned a total of N1.24tn from their customers as maintenance fees and electronic banking charges in 2024 and 2023, according to an investigation These charges account for a significant portion of their revenue in the years under review. The banks are United Bank for Africa …

Concerned experts in the petroleum industry have raised concerns over the irregularity in the recent reconstitution of the Nigerian National Petroleum Company Limited (NNPC Ltd) Board, citing non-compliance with the Petroleum Industry Act (PIA) 2021. In a formal statement signed by Mr Abolade Adewale released over the weekend, the experts called …

  In celebration of International Women’s Day, six outstanding women were recently honoured for their exceptional contributions to Nigeria’s food industry at the inaugural edition of the Thriving Women in Food Business initiative, held on Saturday, March 30, 2025, in Lagos. Themed “Celebrating Food entrepreneurship excellence,” the initiative recognized women who have demonstrated exceptional innovation, …