Business

The Federal Government and Dangote Refinery are set to engage in high-level discussions on a potential naira-for-crude arrangement following the refinery’s importation of 12.6 million barrels of crude oil. The...

The Tony Elumelu Foundation (TEF) has announced a significant financial milestone, surpassing $4.2 billion in revenue in its latest fiscal year. The achievement underscores the foundation’s growing influence in supporting...

In a significant step toward improving energy access, a coalition of private companies has successfully electrified 5,000 residents in Ogun State through the deployment of a mini-grid power system. The...

Nigeria’s leading e-commerce platform, Jumia, has officially kicked off its highly anticipated Tech Week 2025, offering massive discounts on a wide range of tech products. The annual sales event, which...

The Tony Elumelu Foundation (TEF) has announced the disbursement of $15 million in seed funding to support 3,000 emerging entrepreneurs across Africa. The initiative, aimed at fostering economic development and...

Access ARM Pensions Limited has announced a major expansion of its digital offerings, reinforcing its commitment to providing a seamless and efficient customer experience. The pension management firm is integrating...

ND Western Limited’s CEO, Adewale Kalejaiye, has described the company’s recent $2.4 billion acquisition of Shell’s onshore oil and gas assets in Nigeria as a historic milestone for the country’s...

Nigeria’s inflation rate slowed to 23.18% in February 2025, down from 24.48% in January, according to the latest report from the National Bureau of Statistics (NBS). The decline follows the...

Africa’s leading industrialist, Aliko Dangote, has announced ambitious plans to ramp up cement production in Ogun State to 18 million metric tons per annum. This expansion, part of Dangote Cement’s...

In a major push to support small businesses, the Nigerian government has announced a groundbreaking ₦220 million cash prize for the overall winner of the 2025 Micro, Small, and Medium...