Business

Dangote Petroleum Refinery & Petrochemicals has cemented its position as a rising global energy powerhouse after becoming Europe’s largest supplier of jet fuel for the second consecutive month, outperforming traditional exporters such as the United States and capturing approximately one-fifth of the continent’s total jet fuel imports. The milestone underscores …

  Nestlé Nigeria Plc has opened applications for its 2026/2027 Community Scholarship Programme, continuing its commitment to supporting young people in its host communities and helping students achieve their academic goals. Since its launch in 2020, the programme has supported more than 250 students, helping to reduce the financial challenges …

Dangote Cement Plc, Ibese Plant, has reaffirmed its commitment to sustainable community development and stakeholder engagement with through the successful hosting of the this year’s Annual Capacity Development Workshop for leaders of its host communities. The one-day workshop,in its fourth edition, held at the Yewa Frontier Hotel,  Ibese in Ogun …

The Lagos Division of the Federal High Court has ordered the freezing of accounts linked to Western Metal Products Company (WEMPCO) Limited across 27 commercial banks and fintech firms over an alleged ₦61.45 billion debt owed to United Bank for Africa (UBA). In a ruling delivered on April 2, Justice …

  …Expansion Project to Strengthen Nigeria’s Position as a Major Cement Export Hub   Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MOU) valued over $800 million for the expansion of the Dangote Cement Plant in Itori, Ogun State, increasing its production …

As MSMEs across the South-East seek opportunities for growth, market expansion and cross-border trade, Stanbic IBTC, in partnership with the Anambra State Government, convened the Nigeria Business Summit Regional Tour in Onitsha to equip businesses with practical solutions for sustainable growth. The summit, organised in collaboration with the Anambra State Ministry of …

By Adesegun Adeshi Gbenga Nigerian banks have moved swiftly to contain the effects of a sophisticated global cyber campaign sweeping across sectors and continents, with industry sources assuring the public that the nation’s financial system remains strong, resilient and secure. The campaign, described by analysts as one of the most …

Growth was maintained in the Nigerian private sector during July as firms again signalled a marked increase in new orders during the month. In turn, output and employment also rose, albeit modestly. Meanwhile, inflationary pressures softened. The headline figure derived from the survey is the Purchasing Managers’ Index™ (PMI®). Readings …

Stanbic IBTC recently celebrated 30 years of providing custody services in Nigeria with a Closing Gong ceremony at The Nigerian Exchange Limited (NGX). The milestone reflects the institution’s longstanding contribution to investor confidence and the continued development of Nigeria’s capital market. In his opening remarks, Jude Chiemeka, Chief Executive Officer, …

Beyond Philanthropy: How Fidelity Bank, Airtel Nigeria and Leadway Assurance Won Nigeria’s Q2 2026 CSR & ESG Media Conversation Fidelity Bank, Airtel Nigeria and Leadway Assurance lead their respective sectors, as new data shows only 12 of 46 brands tracked generated measurable CSR/ESG media visibility in Q2 2026 P+ Measurement …