Business

Justice Akintayo Aluko of a Federal High Court, Lagos, has adjourned to January 27, 2026, further hearing of the criminal charge filed against a Briton, two Indian nationals, and their companies for allegedly defrauding Ecobank Nigeria Limited of the sum of $42.48 million. The Briton and the Indian nationals alleged …

FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is proud to announce the commencement of its 2025 Corporate Responsibility and Sustainability (CR&S) Week, scheduled to hold from 27 October  – 1 November 2025. Now in its ninth year, the annual event is a reflection …

*As nominations portal closes for WES 2025 Awards For Outstanding Economic Impacts All is set for the annual WorldStage Economic Summit 2025 on Friday November 21, 2025 at The Event Centre, Nigerian Exchange Limited, 2/4 Customs Street, Lagos by 10AM, with top experts from the public, private and academia set to address the theme: Tackling the Issue of Low Productivity in …

The Aliko Dangote Foundation (ADF), in partnership with Sight and Life Foundation (SAL), has launched a nationwide initiative titled “Promotion of Production & Consumption of Fermented Foods for Food & Nutrition Security in Nigeria.” The program, unveiled at a workshop in Lagos, aims to combat malnutrition and improve food security by promoting …

The Nigerian Meteorological Agency (NiMet) has predicted varying weather conditions, including dust haze and rainfall, across different parts of the country between Monday and Wednesday, urging residents to stay alert. In its weather outlook released Sunday in Abuja, NiMet projected slight dust haze with good visibility over Borno, Zamfara, northern …

The Federal Government has summoned Nigeria LNG Limited (NLNG), Daewoo Engineering and Construction Nigeria, Saipem Nigeria Limited, and the National Association of Plant Operators (NAPO) over alleged fraudulent deductions and non-remittance of workers’ Pay-As-You-Earn (PAYE) taxes on the NLNG Train 7 project in Bonny, Rivers State. The summons, issued by …

In a desperate move to recover a whooping sum of N1, 133, 808, 604. 31 billion, fraudulently removed by some customers, Lotus Bank has dragged 45 banks in Nigeria before a Federal High Court Lagos. Lotus bank, in its motion on notice filed before that court confirmed that the money …

… Commends Tinubu’s reforms, projects $55bn annual revenue …Plans NGX listing to empower Nigerians   President of Dangote Industries Limited, Aliko Dangote, has explained that the decision to expand the Dangote Petroleum Refinery from 650,000 barrels per day (bpd) to 1.4 million bpd is driven by emerging opportunities across Africa, …

FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is thrilled to announce the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT app, enabling customers to make instant, secure, and local currency-based cross-border payments across Africa. PAPSS, …

  By Abiodun Alade When Africa’s wealthiest man, Aliko Dangote, speaks about business, the world often expects to hear numbers — billions invested, factories built, or jobs created. But when he recalls the lesson that guides his empire, it is disarmingly simple, “The soul of business is not in making …