Business

Concerned experts in the petroleum industry have raised concerns over the irregularity in the recent reconstitution of the Nigerian National Petroleum Company Limited (NNPC Ltd) Board, citing non-compliance with the Petroleum Industry Act (PIA) 2021. In a formal statement signed by Mr Abolade Adewale released over the weekend, the experts called …

  In celebration of International Women’s Day, six outstanding women were recently honoured for their exceptional contributions to Nigeria’s food industry at the inaugural edition of the Thriving Women in Food Business initiative, held on Saturday, March 30, 2025, in Lagos. Themed “Celebrating Food entrepreneurship excellence,” the initiative recognized women who have demonstrated exceptional innovation, …

…as Ibese plant concludes 2024 youth empowerment programme The implementation of the Community Development Agreement with host communities by the management of Dangote Cement, Ibese Plant, came under applause at the weekend as host communities as well as the Federal Ministry of Solid Mineral Development praised the management for diligent …

The recent overhaul of the Nigerian National Petroleum Corporation Limited board and management by President Bola Tinubu is not merely an administrative reshuffle—it is a decisive intervention in the national interest, aimed at rescuing the country’s most strategic public enterprise from systemic rot and institutional capture. The necessity of these …

This week’s episode of African Voices Changemakers, sponsored by Globacom, will feature two of Africa’s most revered gospel music stars, Nathaniel Bassey and Mercy Chinwo. The dynamic duo will bring their unique blend of inspirational music and conversation to the popular CNN International magazine programme, anchored by Larry Madowo. Nathaniel …

Stanbic IBTC Bank, a leading financial services provider in Nigeria, has launched Season 4 of its highly successful Reward4Saving Promo, reinforcing its commitment to fostering a strong savings culture among Nigerians. Building on the success of the previous three seasons, over 1,900 winners have collectively received ₦318 million, and this …

Africa Prudential Plc has announced a ₦1.2bn total dividend payout following its financial performance in 2024. The company’s Profit After Tax (PAT) grew by 88 per cent, rising from ₦962.9m in 2023 to ₦1.81bn in 2024. The company introduced an interim dividend of 15 kobo per share at half-year 2024. …

The Central Bank of Nigeria declared as fake a report that it had introduced new N5,000 and N10,000 banknotes. In a post on its Instagram page on Wednesday, the bank said that the report did not originate from it. “The content is not from the Central Bank of Nigeria. Kindly …

Structured HQ Legal, (SHQ) has issued a public notice warning against any transactions involving the buying, selling, leasing, or letting of the Hampton Harbour landed property. The landed property measuring at 19.5 hectares is located at Elegushi Royal Family Land, Ikate Ancient City, Eti Osa, Local Government Area, Lagos State …

The recovery in the Nigerian private sector gathered strength in March, with output, new orders and employment all increasing to greater degrees than in February. Firms were helped to some extent by softening inflationary pressures, with input costs increasing at the slowest pace since May 2023. The headline figure derived …