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BusinessDay publishes news on June 3, 2026
BusinessDay has published its latest news edition on June 3, 2026. Readers can access the full content through the provided link.
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Nestoil Responds to June 2026 Press Release by Abubakar Sulu-Gambari, SAN
Nestoil Limited has issued a response to a press release by Abubakar Sulu-Gambari regarding a Supreme Court judgment. The company aims to clarify its position and address any misunderstandings related to the legal matter.
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Legend Internet assures investors of upcoming profits during its expansion efforts
Legend Internet Plc has assured investors of improved future earnings as it expands its infrastructure and strengthens its financial position. Despite recent weaker earnings, the company remains optimistic about its growth prospects.
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Seplat's incentive program increases CEO and CFO equity value to N87 billion
Seplat Energy Plc's incentive program has significantly increased the equity value of its CEO and CFO to N87 billion. This favorable stock option scheme is yielding substantial returns for the company's top executives.
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UBA Strengthens Partnership and Innovation Legacy Through Collaboration with UNILAG
UBA has enhanced its partnership with UNILAG by inaugurating a new Innovation Hub and Business Office. This initiative aims to foster collaboration and innovation between the bank and the university.
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Mutual Benefits Achieves Robust Financial Results for the 2025 Fiscal Year
Mutual Benefits Assurance Plc has reported a strong financial performance for the year ending December 31, 2025, showcasing significant growth in profitability. This positive trend highlights the company's robust financial health and operational efficiency.
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Dangote retains its position as Africa's leading brand for the eighth consecutive year
Dangote Industries Limited has been recognized as Africa's Most Admired Brand for the eighth consecutive year. This achievement highlights its strong influence and reputation across the continent.
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CIPM welcomes 1,500 new human resources professionals into its ranks
CIPM has inducted over 1,500 new human resources professionals, reinforcing its position as Nigeria's regulatory authority for HR management. This ceremony marks a significant milestone for the HR community in the country.
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Heirs Insurance Reflects on Five-Year Journey
Heirs Insurance Group celebrates five years of operations in the Nigerian insurance market, highlighting its transformative impact. The company reflects on its journey and contributions to the sector's evolution.
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Legend Internet Calms Investor Concerns Despite Earnings Challenges from Expansion Efforts
Legend Internet Plc has reassured investors about future earnings despite current challenges from its expansion efforts. The company is focusing on strengthening its infrastructure and liquidity.
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Alpha Morgan Bank reports N1.9 billion profit before tax in first ten months
Alpha Morgan Bank has achieved a significant milestone by reporting a Profit Before Tax of N1.9 billion within its first ten months of operations. This impressive financial performance highlights the bank's strong market entry and operational efficiency.
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ACT organizes 2026 conference focused on regulatory reforms and the future of corporate trusteeship
The Association of Corporate Trustees of Nigeria (ACT) will host its 2026 Annual Conference on June 3. The event will focus on regulatory reforms and the future of corporate trusteeship.
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Maltina aims to reach one million Nigerian youth through a nationwide nutrition campaign
Maltina is launching a nationwide nutrition campaign to reach one million Nigerian youth as part of its 50th anniversary celebrations. The initiative aims to promote better nutrition among young Nigerians.
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Thirty companies are the largest employers across the African continent
Thirty companies have been identified as the largest employers across Africa, with Shoprite leading the way. The list highlights the significant role these businesses play in job creation on the continent.
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NLNG subsidiary hires Chinese shipbuilders for the construction of three LNG vessels
Bonny Gas Transport Limited has contracted Chinese shipbuilders for the construction of three LNG vessels. This move is expected to enhance Nigeria's LNG transportation capabilities.
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Airtel Africa reaches 52-week peak amid share buyback activity
Airtel Africa Plc shares have reached a 52-week high of N3,655.7, driven by strong investor interest. The company's ongoing share buyback activity is contributing to this positive momentum.
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Leading Overseas Casinos Welcoming US Players: Best Options for Online Gambling
A guide has been released highlighting the best offshore casinos for US players, including Wild Casino and Super Slots. These casinos offer significant bonuses and quick payouts.
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Best 10 Online Casinos for Real Money in 2026
A list of the top 10 online casinos for real money in 2026 has been published. Experts evaluated various factors including deposits, withdrawals, and bonuses to identify the best options.
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Zedcrest ventures into investment banking to meet rising capital solution demands in Africa
Zedcrest has launched its Investment Banking division to address the increasing demand for capital solutions in Africa. This expansion aims to support businesses, governments, and institutions with strategic advisory and financing services.
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Seven sectors expected to experience the highest growth by 2030
Seven sectors are projected to experience significant growth by 2030, reflecting a rapid evolution in the global workforce. Businesses are increasingly investing in these industries to adapt to changing demands.
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Corpran denies claims of barracks sale in Mbora housing project
Corpran International Limited has refuted allegations regarding the sale of barracks linked to the Nigeria Police Housing Scheme in Mbora, Abuja. The company labeled the claims made by a former legal representative as false and misleading.
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Moving past superficial displays of data
The article critiques the reliance on superficial data displays in financial institutions. It emphasizes the need for deeper analysis and actionable insights beyond mere visual representation.
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Challenges hinder the growth of Nigerian logistics firms, says Sunbeth Shipping's Osinachi
Nigerian logistics firms face significant challenges that impede their growth, according to Osinachi from Sunbeth Shipping. As businesses expand, effective logistics becomes crucial for their success.
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Supreme Court Lifts Asset Freeze on Nestoil and Neconde
The Supreme Court has lifted the asset freeze on Nestoil and Neconde, deeming the Appeal Court's order as unwarranted. This decision marks a significant victory for the companies involved.
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Renaissance Becomes Africa's Leading Oil and Gas Producer Following SPDC Acquisition
Renaissance Africa Energy Company Limited has been named Africa's leading oil and gas producer after acquiring SPDC. This recognition by Wood Mackenzie highlights the company's significant growth in the energy sector.
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NLNG Subsidiary Grants Contracts for Construction of Three New LNG Vessels
Bonny Gas Transport Limited has awarded contracts for the construction of three new LNG vessels, incorporating new technology for improved fuel efficiency and reduced emissions. The vessels are expected to be delivered by 2029.
5 sources
Multichoice Launches Exclusive World Cup Promotions for DStv and GOtv Subscribers
MultiChoice has launched exclusive World Cup promotions for DStv and GOtv subscribers, enhancing access to the tournament for Nigerians. This initiative aims to bring more fans closer to football's biggest event.
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Babalakin & Co to Organize Colloquium on ESG Governance
Babalakin and Co. will host a colloquium focused on integrating Environmental, Social, and Governance (ESG) principles into corporate governance. The event is scheduled for June 4, aiming to enhance regulatory frameworks in Nigeria.
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Court Rejects $19.6 Million Lawsuit Filed Against NNPCL
An Abuja court has dismissed a $19.6 million lawsuit against the Nigerian National Petroleum Company Limited. This ruling reinforces the legal standing of NNPCL in the case.
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NBC Promotes Hospitality Skills and Entrepreneurship Among Young People
Nigerian Bottling Company (NBC) is promoting youth empowerment and hospitality skills through its sponsorship of an international event. This initiative aims to enhance entrepreneurship among young people in Nigeria.
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