United Bank for Africa shares dropped 10% in early trading on Monday, April 27, 2026, as investors punished the bank for its decision to withhold dividends...
Abdul Samad Rabiu started 2026 as Africa’s fifth-richest person. By late March he had climbed to third. The engine behind that rapid ascent is straightforward: his...
A senior management official of the Dangote Group on Monday revealed that the Dangote Petroleum Refinery has been subsidising the petrol and diesel it sells to...
Nigeria’s giant Dangote refinery is benefiting from record margins for producing jet fuel that it is mostly selling abroad, while the domestic airlines it also supplies...
Key players from across Nigeria’s financial services and technology landscape gathered at the recently concluded Business Day Fintech Summit 2026, held under the theme “The Next...
The crisis facing Nigeria’s domestic aviation sector has worsened as airlines grapple with an unprecedented surge in the cost of aviation fuel also known as Jet...
A federal high court in Ikoyi, Lagos, has restrained the directors of Shoprite from selling the company’s shares or assets until the satisfaction of the judgment...
Cosmas Maduka, the billionaire founder of Coscharis Group and one of the most prominent businessmen from Nigeria’s South-East, says a seaport in the region would break...
The Nigeria Revenue Service (NRS) says the federal government did not introduce any new tax on vehicles. The NRS was responding to a viral infographic claiming...
…plans for condensate refinery, industrial park The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe on Thursday joined the Authority Chief Executive (ACE) of the Nigerian Midstream...