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Skyway Aviation Handling Company (SAHCO) PLC plans to expand into the UAE and African markets following significant financial growth in 2025. This strategic move aims to enhance its operational footprint and capitalize on emerging opportunities.
Reckitt Nigeria has announced new appointments for non-executive Board directors following the passing of its former Chairman, Chief Michael Olumuyiwa Falomo. His leadership was pivotal in the company's growth and governance over the years.
Lagos Water Transport has secured a €170 million investment from the European Union to enhance its water transport system. This partnership aims to create a more efficient and affordable transport option in Lagos.
The International Islamic Trade Finance Corporation (ITFC) has signed agreements with Gambia and Tajikistan to enhance trade finance and regional collaboration. This initiative aims to boost private sector growth among member states ahead of the IsDB 2026 event.
Golden Penny Foods celebrated its distributors at the 2026 Dealers and Sales Conference in Lagos. The event also featured the unveiling of the new Golden Penny Penne 500g product.
The Oil and Gas Trainers Association of Nigeria (OGTAN) highlights the importance of human capital development for the competitiveness of Nigeria's petroleum sector. They stress that investing in skills and training is vital for sustaining industry growth.
Advans La Fayette Microfinance Bank successfully raised N6 billion through its first commercial paper issuance. This marks a significant step in their N20 billion Commercial Paper Programme.
Smart position sizing is a key strategy for traders to minimize emotional decision-making and enhance risk management. This approach is essential for achieving long-term consistency in trading.
A recent Mastercard index reveals that 81% of Nigerian SMEs are optimistic about their growth prospects over the next year. The majority agree that embracing digital and online payments is crucial for their success.
Ojukwu Transport Limited is seeking the Inspector-General of Police's intervention regarding attempts to enforce a court judgment that is currently under appeal. The company is involved in a dispute over several properties in Lagos.
Lagos State Governor Babajide Sanwo-Olu has congratulated Petralon Energy CEO Ahonsi Unuigbe on his 50th birthday. He praised Unuigbe's contributions to the energy sector.
The Nigerian government has granted United Nigeria Airlines new international routes to New York, Dubai, and Canada. This move aims to enhance the presence of Nigerian airlines in the global travel market, which is largely controlled by foreign carriers.
Leadway Assurance Company Limited has reaffirmed its commitment to Nigeria's creative sector by sponsoring the Lagos Leather Fair for the fourth consecutive year. This initiative aims to bolster the growth of SMEs and the creative industry in Nigeria.
NNPC Ltd. has extended its partnership with TotalEnergies for another 24 months to enhance methane detection technology in its operations. This initiative aims to further reduce methane emissions in Nigeria's oil sector.
TotalEnergies Marketing Nigeria Plc will not pay dividends for 2025 due to challenges in the downstream petroleum industry. Shareholders are significantly affected by the ongoing fuel price conflict.
Femi Otedola has acquired N29.6 billion worth of shares in First HoldCo, increasing his ownership stake to 20.4%. This purchase was made through a portion of the company's private placement program.
SpaceX shares have declined following a surge after their IPO. Meanwhile, the UK has sentenced spies linked to China, and the IMF has provided Sierra Leone with $211 million in funding.
BusinessDay has reported on various developments as of June 19, 2026. The details of these developments are available in their latest edition.
The Nigerian Exchange Limited (NGX) has introduced a new pricing methodology for listed stocks. This updated trading structure features a graduated, three-tier volume system aimed at managing stock price fluctuations.
The Africa Social Impact Summit has successfully secured over $1 billion in investments since its launch. Organizers are now targeting an additional $500 million to further enhance their initiatives.
The Nigerian Exchange Limited is updating its trading regulations, reverting to 2018 pricing rules. This adjustment is expected to facilitate easier price discovery for heavyweight stocks.
NNPC's investment in Dangote has significantly increased from $1 billion to $2.84 billion. This growth reflects the potential of strategic investments in the Nigerian economy.
Cornerstone Insurance Plc is prioritizing education and health initiatives through its community development agenda. The company has also donated a solar-powered borehole to support these efforts.
The 2026 Nigeria ESG Sustainability Summit in Lagos aims to promote strategies for integrating ESG principles into business practices. This event is expected to foster sustainable growth across various sectors.
The Aviation Round Table is working to resolve the ongoing debt issues between the NCAA and airlines. This initiative aims to foster collaboration and improve the aviation sector in Nigeria.
Nigeria's aviation sector is set to improve with the launch of a new training program for engineers. This initiative aims to enhance the country's aviation workforce and capacity.
Ebelechukwu Nwachukwu, the new NIA Chairman, has outlined a strategic vision aimed at reforming the Nigerian insurance industry. His focus includes enhancing compliance, building trust, and increasing market penetration.
KENNA has appointed Ms. Eunice Alasa as its new Deputy Managing Partner, effective June 17, 2026. This move highlights the firm's commitment to strong leadership in corporate law.
Air Peace is expanding its domestic operations to enhance travel options for the upcoming Summer 2026 season. This move aims to improve connectivity within Nigeria and support the growing demand for air travel.
SportyTV is now available on select DStv and GOtv packages in Nigeria, enhancing sports content for subscribers. This 24-hour channel will feature a variety of live sporting events.