Business

The Nigerian private sector returned to growth in February, following a muted start to 2026. A renewed rise in new orders fed through to an accelerated increase in business activity. Employment, input buying and inventories were also up midway through the opening quarter of the year. Meanwhile, an improvement in …

… Exports 20m Litres Surplus   In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand, effectively positioning the country for sustained fuel self sufficiency while exporting up …

Wema Bank, Nigeria’s oldest indigenous, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced the Top 10 nominees for its women-focused award initiative, SARA Gives to Empower Her Awards; the second edition of its She Empowers Her Award. The Top 10 nominees are: Social Entrepreneur, Bosede …

The Caretaker Chairman of a group known as “Justice Forum” comprising of leaders of Petroleum Tanker Drivers (PTD) Branch of NUPENG, South South Zone, Comrade Praise Ogidi-King on behalf of his group has accused the parent Union of being “economical with facts” amid the ongoing crisis within the Oil and …

Dangote Cement Plc (DCP), a subsidiary of Dangote Industries Limited, at the weekend in Lagos signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa. The landmark agreement, with an estimated investment of over $1 billion, reinforces the Company’s …

The Economic and Financial Crimes Commission on Tuesday arraigned a former Managing Director of the Nigerian Railway Corporation, Fidet Edetanle Okhiria, before the Lagos State Special Offences Court sitting in Ikeja over an alleged fraud involving $385,000 and N165,438,000. Okhiria was arraigned before Justice Rahman Oshodi on a seven-count charge …

In this season of Ramadan, where kindness and unity take center stage, MILO is sharing in that spirit through a 30-day Ramadan gifting campaign across Northern Nigeria, reaching families and honoring the values that define the holy month. The initiative includes the donation of over 1 million sampled cups, more …

The Ajoke Ayisat Afolabi Foundation, the CSR arm of the SIFAX Group, in partnership with the World Bank, has trained over ninety students of the State Senior Secondary School, Oyewole, Agege in Orile Agege Local Government Area, Lagos State, as part of its series of ongoing Community Connections Campaign Projects …

Sustainability has become a critical priority for businesses and governments across the world, driving growth, innovation, and positive change. As the world grapples with climate change, social inequality, and economic uncertainty, organisations are recognising the importance of adopting sustainable practices that balance Environmental, Social, and Governance considerations. In Nigeria, the …

Stanbic IBTC Nominees Limited marked a significant milestone on Wednesday, 11 February 2026, celebrating three decades of exceptional custodial services in Nigeria’s financial markets. The anniversary gala, held under the theme “30 Years of Trust,” brought together industry leaders, clients, regulators, and stakeholders to commemorate the institution’s enduring legacy and …