Business

  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 …

In demonstration of its commitment to financial empowerment targeting Youths, Unity Bank Plc has again championed the cause of financial literacy by facilitating Training in 13 secondary schools across Nigeria to commemorate the 2025 Global Money Week. Held under the theme, “Think before you follow, wise money tomorrow,” this year’s engagement …

Telecommunications giant, Globacom, through its social responsibility arm, Glo Foundation, on Saturday organized a special day in celebration of the staff of the Lagos State Waste Management Authority (LAWMA) who keep the nooks and crannies of Lagos State clean every day. The Foundation also disclosed that empowerment and skills acquisition programmes had been planned …

The suspects, identified as Robert Harms, a Canadian national, and Ms. Okeke Ogechi Njaka, a Nigerian cybercrime suspect, were apprehended in separate operations following extensive investigations. The International Police (INTERPOL), the Nigeria Police Force through the National Central Bureau (NCB), Abuja, has arrested two high-profile suspects linked to transnational investment …

Nigeria’s business environment recorded a positive performance in April 2025, sustaining the favorable momentum observed since the beginning of the year. The NESG-Stanbic IBTC Business Confidence Monitor (BCM) showed an increase in the Current Business Index to +12.29 in April 2025 from +6.58 in March 2025. This performance is driven …