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Elon Musk has made history by becoming the world's first trillionaire following the successful IPO of SpaceX. The company's shares surged 23% in their debut, reflecting strong investor interest.
Unilever Nigeria Plc. has announced the winners of the Rexona FIFA World Cup 2026 Consumer promotion. The winners will receive tickets to experience the matches live.
Nigeria's fintech sector is focusing on balancing innovation with governance and customer trust to ensure sustainable growth. Industry leaders emphasize the importance of managing fraud and operational risks in this expanding market.
Proper vehicle maintenance, especially brake repair and servicing, is crucial for safety. Taking care of your brakes ensures they function effectively when needed.
Lagos will host the Afretrade Entrepreneur’s Festival (TAEF) 2026 from June 17 to 19, featuring prominent figures like Obasanjo and Omishakin. The event aims to connect entrepreneurs, investors, and policymakers from Africa and the diaspora.
OneGrid Energies, a clean energy social enterprise from Onitsha, has been recognized as the AMTY Startup Company of the Year. This accolade highlights the company's innovative contributions to the energy sector in Anambra State.
Elon Musk has become the world's first trillionaire following a significant surge in SpaceX share prices. The company's shares rose 30% during their trading debut, marking the largest IPO in history.
Investors are showing strong interest in top cryptocurrencies like BlockDAG, Ethereum, Chainlink, and BNB. These digital assets are being highlighted for their potential in the market.
The British Army has announced its updated pay structure, highlighting competitive salaries and career advancement opportunities. This initiative aims to attract and retain personnel in various ranks.
Thousands of Nigerian entrepreneurs are transitioning to Oloja, a free business platform by Payxy, for better management of their operations. This shift highlights the growing demand for cost-effective solutions in the entrepreneurial landscape.
Easybet has enhanced its welcome bonus, offering a 150% first deposit match up to R5000. This upgrade is timely as it coincides with the upcoming 2026 FIFA World Cup.
A late-night fire in Kano has caused significant damage to commercial buildings, resulting in millions of Naira in losses. The incident occurred along Murtala Mohammed Way, near an FCMB Bank branch.
The UK has launched a £15 million program aimed at enhancing investment and strengthening reforms in Nigeria. This initiative will be implemented over a three-year period, following discussions between UK officials and Nigeria's finance minister.
Elon Musk has made history by becoming the first person to surpass a net worth of $1 trillion, following SpaceX's IPO pricing. This milestone highlights the significant financial achievements in the tech industry.
Betway has appointed music icon Don Jazzy as its brand ambassador in Nigeria. This partnership highlights Betway's dedication to engaging with local culture.
Betway has appointed Don Jazzy as its new brand ambassador in Nigeria. This partnership highlights Don Jazzy's influence in the entertainment industry.
Ground handlers have suspended services for Max Air due to a reported debt of 1 billion naira. The airline did not engage in reconciliation talks despite multiple attempts to resolve the issue amicably.
Access Holdings plans to resume dividend payments after facing regulatory constraints, not profitability issues. Chairman Aigboje Aig-Imoukhuede shared this update at the annual general meeting in Lagos.
A significant fire has destroyed many shops and offices in a Kano market. Investigations are underway to determine the cause and improve safety measures.
SpaceX has reached a nearly $1.8 trillion valuation following a record $75 billion share sale. This significant financial milestone highlights the company's growing influence in the aerospace sector.
BusinessDay highlights recent developments in Nigeria's business landscape as of June 12, 2026. The report covers various sectors and their growth trajectories.
Nigerian beer makers are gearing up for a significant increase in sales as the World Cup approaches. This event is expected to drive consumer spending and boost the brewing industry.
Optiva Capital Partners, led by Franklin Nechi, is making significant strides in healthcare, women's empowerment, and cultural initiatives across Africa. Their efforts are reshaping corporate impact and enhancing global mobility on the continent.
ASHON Chairman has endorsed the CSCS's new T+1 settlement cycle, emphasizing its benefits for efficiency and investor confidence. This initiative is expected to significantly reduce risks in the financial market.
Majolie Obaje emphasizes that AI cannot fully replace human creativity and empathy in brand development. She highlights the importance of human effort in effective marketing strategies.
Max Air's domestic flights have been suspended after ground handlers stopped services over unpaid debts totaling N1 billion. This situation raises concerns about the stability of the Nigerian aviation sector.
Prunet Digital Agency has been recognized as the Digital Creative Agency of the Year at the Brand Handlers Summit & Awards 2026. This accolade highlights their innovative approach to brand communication.
LCCI and NASD are encouraging SMEs to explore funding opportunities through the capital market. They are providing guidance on attracting investment to help businesses scale effectively.
The Airline Operators of Nigeria are calling on the NCAA to implement a 5% ticket sales fee to help address a significant N20 billion debt. This proposal aims to create a sustainable financial framework for the aviation sector.
Nigeria is recognized by the IATA as one of the most expensive countries for airline operations due to high costs. This highlights the ongoing challenges faced by the aviation sector in the country.