Business

… Applaud Management Performance, Commitment to Backward Integration   Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives. The Rights Issue, the shareholders reasoned will aid the Company …

One Universe, a new trusted digital marketplace designed to connect people who need services with skilled professionals, has officially launched and is now available for download on the Apple App Store and Google Play Store.   Built to solve the everyday challenge of finding reliable service providers, One Universe brings …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, made a remarkable impact at the 2026 Easter Cup, hosted at the prestigious Lagos Polo Club on  05-06 April, 2026. This year’s tournament was not only about exciting polo matches; it also highlighted the strong partnerships that make the event lively. …

A French court has found cement manufacturer, Lafarge, guilty of financing terrorist groups through its Syrian subsidiary during the country’s civil war. The ruling, delivered in Paris on Monday, also convicted eight former employees of the company, including senior executives, over their roles in the illicit payments. The court determined …

Energia Limited has announced the appointment of Oladimeji Bashorun as its Chief Executive Officer (CEO), following the vacancy created by the exit of Mr. Chidi Egonu. Bashorun, who previously served as the company’s Chief Operating Officer (COO), steps into the role following years of providing strategic and operational leadership within …

  Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, an achievement that has positioned Nigeria as a net exporter of petrol for the first time ever, with a surplus of approximately 3,000 b/d …

There is growing concern within Nigeria’s banking sector following allegations of a major data breach involving Sterling Bank, with reports claiming that sensitive customer and employee information may have been exposed. At the centre of the controversy is a dark web actor identified as “ByteToBreach,” who has reportedly claimed responsibility …

By Abiodun Alade As Aliko Dangote turns 69, his story demands to be read not as a biography of wealth, but as a case study in Africa’s unfinished industrial argument. For decades, the continent has lived with a structural contradiction. It exports raw materials and imports finished goods. It produces …

FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has announced its strategic sponsorship of the second edition of ChessMasters, Africa’s largest school chess tournament. The announcement was made at the official press conference of the tournament held on 16 March 2026 at Eko Hotels and …

  Initiative equips Nigerians with practical tools to safeguard water quality and protect public health Nestlé Nigeria Plc, in collaboration with the Federal Ministry of Water Resources and Sanitation and the Organised Private Sector in Water, Sanitation, and Hygiene (OPS-WASH), has launched a National Water Quality Advocacy Handbook aimed at …