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Royal Air Maroc is launching competitive ticket prices to capture the West Coast US market, with fares starting at ₦1.45 million from Lagos to LAX. This strategy aims to disrupt the premium long-haul aviation segment in West Africa.
The Securities and Exchange Commission has prohibited the promotion of Dangote Refinery's initial public offering, stating that no application has been filed. This decision aims to protect investors from misleading information regarding the IPO.
Small business owners are increasingly leveraging Ethereum as it transforms into a key platform for decentralized finance and digital commerce. This shift highlights the growing importance of blockchain technology for SMEs in Nigeria.
Iran and Oman are in talks to establish fees for maritime services in the Strait of Hormuz. They emphasize their sovereign rights while ensuring toll-free passage for vessels.
Airlines in Nigeria are facing operational challenges due to rising Jet-A1 fuel prices, leading to borrowing and cuts in services. Allen Onyema has called on President Tinubu to review aviation taxes to prevent further airline collapses.
Heineken has appointed Rafael Oliveira as its new CEO, pending shareholder approval. This change follows the resignation of Dolf van den Brink after a period of mixed performance and declining beer sales.
PokiesAustralia has conducted an investigation into bonus equity across 63 online casinos in Australia. Their findings challenge the common belief that larger bonuses always offer better value.
Inspired Evolution has introduced a $176 million investment initiative to provide electricity to rural areas in Africa. This project aims to benefit tens of millions of people by enhancing energy access.
Wema Bank has secured a €50 million financing facility from the European Investment Bank to support small and medium enterprises. This initiative aims to enhance credit access, particularly for women and youth-led businesses.
Xpress Payment Solutions Limited plans to leverage AI and IoT for its next growth phase. The company has processed transactions worth trillions of naira in the past decade.
Fidson Healthcare Plc has praised the Bank of Industry for its role in supporting Nigeria's pharmaceutical manufacturing through concessionary financing. The European Investment Bank's contributions were also acknowledged during a recent visit.
BusinessDay has published its latest edition, highlighting key developments in various sectors. The report aims to provide insights and updates for its readers.
NLNG has celebrated the graduation of 70 young professionals from its Train 7 training initiative, bringing the total beneficiaries to 401. This program aims to enhance skills and create opportunities in the Nigerian LNG sector.
Nigerian airlines have achieved a survival rate of only 7% over the past 25 years, highlighting significant challenges in the industry. Key issues include multiple taxation and safety concerns, which continue to hinder growth.
Aradel Holdings Plc has reported a remarkable N728 billion in revenue for the first quarter of 2026, marking a 264.5% increase. This achievement highlights the company's strong financial performance and growth trajectory.
Deap Capital has rebranded as Critical Minerals Financing Corp (CMFC), aiming to transform Nigeria's mining sector. The new focus will enhance financing for mining, metals, and commodities.
Skyway Aviation Handling Company (SAHCO) Plc has reported a profit of N12.01 billion for the fiscal year 2025, reflecting strong financial performance. The company aims to expand its operations in Africa and the UAE.
Austin Laz and Company Plc plans to raise N2.1 billion through private placement to fund its expansion. Shareholders have authorized the Board of Directors to proceed with this capital-raising initiative.
Former Skye Bank chairman Mr. Ayeni faces new charges related to an alleged N15.6 billion fraud. He was previously arraigned by the EFCC on multiple counts and remains in custody.
Former Skye Bank chairman, Ayeni, is set to be re-arraigned over allegations of a N15.6 billion fraud. The prosecution has filed an amended charge and additional evidence in the case.
Former Skye Bank chairman Tunde Ayeni has been re-arraigned by the EFCC on 18 charges related to a N15.6 billion fraud case. This development marks a significant step in the ongoing legal proceedings against him.
The article discusses the essential factors for successful expansion into Africa, highlighting the significance of strategic planning. It references Jumia's 2019 NYSE listing as a landmark event for the continent's tech landscape.
A new platform has been launched to consolidate all betting promotions in one location, making it easier for users to find the best offers. This innovation aims to enhance the betting experience by providing comprehensive information on various betting options.
Phillips Consulting, Skillsoft, and LRMG brought together senior executives to discuss workforce preparedness for AI. The focus was on developing necessary skills and leadership roles in this evolving landscape.
The SpaceX IPO is anticipated to be the largest trading event of 2026, valued at $1.75 trillion. This offering is expected to significantly influence market dynamics.
Tony Elumelu attributes his success to luck, sparking public debate on the nature of achievement. His perspective challenges the traditional views on merit and effort in the journey to success.
Billionaire Aliko Dangote shared his thoughts on success and humility, emphasizing the importance of being remembered for more than just wealth. He discussed his priorities and the legacy he wishes to leave behind.
Golden Penny Foods celebrated its dealers at the annual conference in Lagos, focusing on themes of resilience and success. The event highlighted the brand's commitment to its dealer network and future growth.
Austin Laz and Company Plc has received shareholder approval to raise N2.1 billion in capital for expansion. This move is expected to enhance the company's growth prospects and operational capacity.
Fidelis Ayebae's Fidson Healthcare faces significant financial challenges due to complex rights issues, resulting in a substantial paper loss. This situation highlights the difficulties even successful founders encounter in managing corporate finance.