Honeywell Group Limited, a company owned by Oba Otudeko, a Nigerian business mogul, has acquired a 14.12 percent stake in Ikeja Hotel Plc. In a statement...
Dangote Cement Plc has announced a 50 per cent increase in dividend payout to shareholders, raising the dividend from N30 per share to N45 per share,...
Global crude oil prices have declined to the $70 per barrel mark, raising fresh expectations among Nigerians that domestic petrol prices could soon be reviewed downward....
Sycamore, a financial technology (fintech) company, says its operations remain fully active after the Central Bank of Nigeria (CBN) revoked the licence of a microfinance bank...
The Nigerian National Petroleum Company (NNPC) Limited recorded a profit after tax (PAT) of N462 billion in May 2026 as crude oil and condensate production rose...
The Heirs Energies OML 17 Joint Venture, in collaboration with Redtech, has unveiled its Integrated Operations Monitoring Centre, a next-generation digital operations hub designed to transform...
Wema Bank, Nigeria’s oldest indigenous national bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced the 7th edition of its flagship...
Nigeria’s downstream petroleum sector may be heading for another showdown as independent fuel marketers have pushed back against the Federal Government’s demand for cut in pump...
The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its position at the forefront of Nigeria’s drive to develop indigenous engineering capacity, rewarding exceptional innovation...
The Central Bank of Nigeria (CBN) has revoked the operating licences of Creditville Microfinance Bank, Safegate Microfinance Bank and 44 other banks in Nigeria. The revocation,...