Business

The Honourable Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, Turkish Airlines executive Lokman Balkan, actresses Lilian Bach and Ronya Man, as well as renowned Ghanaian-born broadcaster Riyah Abdul, were among the prominent guests and awardees at the recently concluded Expatriates Business Awards (TEBA) 2025. Held …

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over its alleged failure to account for ₦825 billion and $2.5 billion meant for refinery rehabilitation and other oil revenues. The suit, filed at the Federal High Court in Lagos and …

Halima Buba, Managing Director of SunTrust Bank Nigeria Limited, has been remanded in Kuje Correctional Facility, FCT, Abuja following her arraignment over an alleged $12 million money laundering scheme. Buba, alongside Innocent Mbagwu, the bank’s Executive Director and Chief Compliance Officer, were docked before Justice Emeka Nwite of the Federal …

  The Federal High Court in Lagos has ordered the final forfeiture of over N2 billion and several luxury assets linked to a fraud scheme that illegally diverted funds from customer accounts in Union Bank Plc. Justice Daniel Osiagor granted the final forfeiture order on Friday, following an application by …

  Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that a preliminary probe into the Nigerian National Petroleum Company Limited (NNPCL) has exposed “mind-boggling” corruption in the organisation. Speaking on Wednesday during the third day of the National Conference on Public Accounts and Fiscal Governance—organised …

  Weeks into the commencement of the second edition of the “Recharge and Win Bonanza” put in place by Palmpay in conjunction with technology company, Globacom, winners have started emerging The promo targets Glo subscribers who recharge their lines from their Palmpay accounts. A joint statement from both Palmpay and Globacom …

Electricity distribution companies received over 254,404 customer complaints in the first quarter of 2025, largely driven by grievances over faulty metering, erratic service, and inaccurate billing, the Nigerian Electricity Regulatory Commission has said. In its newly released quarterly report, NERC revealed that a total of 254,404 complaints were lodged by …

Stanbic IBTC Capital, a leading investment banking and capital markets solutions provider, is pleased to have acted as Sole Financial Adviser to Tolaram (acting through N Seven Nigeria Limited) on its recently completed Mandatory Takeover Offer (“MTO”) to the minority shareholders of Guinness Nigeria PLC (“Guinness Nigeria”), undertaken to comply …

As part of ongoing efforts to ensure safer water for all Nigerians, Nestlé Nigeria is partnering with the Federal Ministry of Water Resources and Sanitation to launch a National Water Quality Advocacy Campaign aimed at raising awareness, educating communities, and mobilizing multi-stakeholder action around water safety and sustainable water practices. …

The stage is set for the highly anticipated second edition of the groundbreaking Edufuture Conference 2025, a premier gathering of Africa’s brightest minds in education, technology, and policy-making. The conference will be held at Vibranium Valley, 42 Local Airport Road, Ikeja, Lagos, commencing at 10 AM on July 10, 2025, bringing together policymakers, EdTech …