Business

Trains 300 ‘My Own Business’ (MYOWBU) Operators in Lagos Nestlé Professional has reaffirmed its commitment to accelerating youth entrepreneurship, with a workshop in Lagos to upskill over 300 operators and attendants within its My Own Business (MYOWBU) program. MYOWBU is designed to empower young people across Central and West Africa …

IFC and Stanbic IBTC Bank, a subsidiary of Standard Bank Group, have structured an $80 million local currency facility to enable off-grid customers to access affordable solar solutions through Sun King in Nigeria. IFC contributed $50 million. The facility will allow Sun King to expand its pay-as-you-go solar financing, improving …

…donates electrical materials for electricity restoration It was jubilation galore in Yewa North Local Government Area of Ogun State following the donation of multi-million Naira electrical materials by Dangote Cement, Ibese plant to end over 3 years’ total blackout and get 21 communities affected by a prolonged power outage reconnected. …

By Tosin Ajayi In a dynamic and often unpredictable financial landscape like Nigeria, the ability to access funds at critical moments makes all the difference.  For entrepreneurs, financial agility is often the key to unlocking growth and success. With fluctuating prices and unexpected financial policies, many businesses in recent times …

  Dangote Industries Limited is partnering critical stakeholders in the economy to grow Micro, Small, and Medium Enterprises (MSMEs) across Nigeria, Senior Adviser to the President of Dangote Group, Fatima Wali-Abdurrahman, has said. Speaking at the Dangote Special Day at the ongoing 2025 Nasarawa Trade Fair Exhibition in Lafia, she …

The Federal Government has renewed its legal battle against Pan Ocean Oil Corporation (Nigeria) Limited over alleged debt totaling $49,936,088.31 in oil royalties, concession rentals, and gas flaring penalties. The plaintiffs in the case—comprising the Minister of Petroleum Resources, the Ministry of Petroleum Resources, and the Federal Government of Nigeria—filed …

Leading financial institution, Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian Exchange Limited (NGX). This latest development also brings the total number of Nigerian companies with …

AVE (Advertising Value Equivalency) has been murdered countless times, but like a stubborn witch, it keeps rising from the dead. For those of us who are staunch opponents, AVE is the “zombie metric” that refuses to go away. It is a concept that has, unfortunately, become entrenched in the PR …

Electricity supply to Sokoto state and Birnin Kebbi has been disrupted following the collapse of three transmission towers near Yauri town in Kebbi state. In a statement on Monday, Abdulazeez Abdullahi, head of corporate communication at Kaduna Electricity Distribution Company (KADEDO), said the incident has significantly affected power flow to …

Adesola Adeyinka, the CEO of Vale Finance Limited, Vale Blue Limited and Coral Stone Limited, is currently facing prosecution for alleged fraud. The scheduled arraignment of Adeyinka and his company, Vale Finance was delayed due to his failure to appear in court. Justice Yetunde Adesanya of the Lagos State High …