Live intelligence from 10+ verified Nigerian and UK sources
SpaceX is aiming to raise around $75 billion in what could be the largest IPO ever. The company has secured guarantees for this ambitious financial move.
Oando Plc is currently waiting for regulatory approval from the FRCN to release its 2025 Audited Financial Statements. The company is addressing the delay in publishing these results.
TVS Motor Company has partnered with Enviable Tricycle to enhance its operations in Nigeria. This collaboration aims to improve distribution, assembly, and after-sales services.
United Nigeria Airlines has reported a loss of N10 billion over three months, primarily due to rising aviation fuel prices. The surge in costs is attributed to the closure of the Strait of Hormuz.
Modupe Kadri, the CFO of MTN Nigeria, has made a significant investment of N1.03 billion in new shares, indicating strong confidence in the company's future. This move reflects a bullish outlook on MTN Nigeria's performance in the market.
The Chairman of United Nigeria Airlines, Professor Obiora Okonkwo, has called on the Federal Government to halt revenue deductions from aviation agencies. He argues that these cuts are placing significant pressure on the aviation industry.
BlockDAG Casino's $2.8M Net Gaming Revenue has positioned it as a leading cryptocurrency, surpassing Polkadot and Uniswap's trading issues. This performance highlights its potential for future growth in the crypto market.
Dabur Herbal Toothpaste Nigeria has appointed May Yul Edochie as its new Brand Ambassador. This partnership aims to promote confidence, freshness, and natural oral care in Nigeria.
A fire has destroyed a multi-storey building on Lagos Island, which housed a Polaris Bank branch. Emergency responders are currently on the scene to manage the situation.
Sujimoto Group is expanding into Nigeria's food manufacturing sector by partnering with a leading global OEM. This collaboration aims to enhance food security and promote industrial growth in the country.
Sujimoto Group is expanding into Nigeria's food manufacturing sector through a partnership with a leading global OEM. This collaboration aims to enhance food security and promote industrial growth in the country.
A fire broke out at the Polaris Bank Tower on Lagos Island, causing panic among occupants and bystanders. Eyewitnesses reported thick smoke emanating from the building as emergency services responded to the incident.
TVS Motors plans to expand its dealer network in Nigeria by opening 47 new two-and-three-wheeler outlets. This move aims to strengthen its presence in the Nigerian market.
A Nigerian firm is working to create a transparent food supply system to address agricultural challenges. The initiative aims to reduce the country's significant palm oil import costs, which amount to $500 to $600 million annually.
Reckitt Nigeria has appointed Toyin Ojora Saraki and Prince Abimbola Olashore as new independent non-executive directors. This move aims to enhance the company's operational strategy and strengthen its board.
A significant 81% of Nigerian SMEs are optimistic about the upcoming year, prioritizing digital payments and staff upskilling for growth. This confidence reflects a positive outlook for the business landscape in Nigeria.
Ajila-Ladipo emphasizes the need for infrastructure development in Nigeria's textile industry after the Senate's ban on imports. This call aims to bolster local production and support the national sector skill council's initiatives.
TotalEnergies and NNPC have renewed their partnership to enhance methane reduction technology. This collaboration aims to improve real-time leak detection with over 2,500 sensors installed by 2025.
Shell has appointed Elohor as the new Executive Vice President and Country Chair for Nigeria, succeeding Marno de Jong. This leadership change comes after de Jong's 34-year tenure with the company.
The new Chairman of the Nigerian Insurers Association, Mrs. Ebelechukwu Nwachukwu, has introduced a strategic plan focused on collaboration, public trust, and regulatory compliance. This initiative aims to enhance market engagement within the insurance sector.
Dunamis Inland Terminal has clarified that it is not responsible for the traffic congestion on Ago Palace Way. They attribute the gridlock to poor road conditions and seasonal rainfall instead of their truck operations.
The Isoko Development and Leadership Movement is raising funds to improve electricity infrastructure in Isoko nation. This initiative aims to ensure a stable power supply for the community.
Telecom companies in Nigeria have reassured the public that a review of mobile termination rates by the NCC will not result in increased tariffs. They aim to maintain tariff stability amidst ongoing regulatory assessments.
Truck drivers in Lagos have developed a new database to improve management challenges at the ports. The initiative by the Association of Maritime Truck Owners aims to enhance professionalism and operational efficiency in maritime haulage.
Marketsquare celebrates its 10th anniversary, highlighting its significant impact on Nigeria's retail sector. The indigenous chain is recognized as a success story in the country's business landscape.
Dangote Petroleum Refinery is dedicated to fostering the next generation of African engineers and innovators. This commitment was highlighted during an educational visit by students from the Federal University of Technology, Owerri.
OGTAN is set to enhance skills in Nigeria's oil and gas sector with a Trainers' Fair planned for 2026. This initiative aims to strengthen human capacity development in the petroleum industry.
Adewale Adeniyi is initiating regular discussions between Nigeria Customs and U.S. businesses to enhance trade relations. This initiative aims to address trade facilitation challenges and strengthen economic ties.
Regency Alliance Insurance Plc is set to raise N3.04 billion through a rights issue as part of its recapitalisation efforts. This move is expected to strengthen the company's financial position.
Air Peace's aircraft was grounded due to a bird strike at Kano airport, but the airline has quickly deployed an alternative plane. This action aims to minimize disruption and ensure passenger safety.