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President Bola Tinubu has arrived in Nairobi to support the $17 billion Dangote refinery project in Kenya. The initiative aims to enhance Nigeria's influence in the East African market.
Dr. Caroline Ndubuisi emphasizes the importance of relevance over volume in participation for the 28th Annual Tax Conference. This approach aims to enhance the quality of discussions and outcomes at the event.
A Delta Air Lines flight to Lagos returned to Atlanta after eight hours in the air, leaving passengers stranded. This incident has raised concerns among the affected Nigerian travelers.
Shareholders of 11 Plc have approved a N9.50 dividend and committed to expanding the investor base. The acting MD has expressed a focus on increasing market share.
Abba Aliyu of the Rural Electrification Agency is positioning Nigeria as a leader in off-grid energy solutions for Africa. His efforts are part of a broader strategy to enhance the country's energy landscape.
A Delta Air Lines flight to Lagos returned to Atlanta after eight hours in the air, stranding Nigerian passengers. This incident has raised concerns about airline operations and passenger safety.
Aliko Dangote's move to revive a London listing for Dangote Cement is making waves in Nigeria's capital markets. This shift is seen as a test of the company's valuation gap between London and Nigeria.
AIICO, Fidelity, and May & Baker are highlighted as top stock picks for the week. Investors are advised to consult their financial advisors before making decisions.
Airtel Africa has reported a significant increase in earnings, driven by data usage and favorable currency fluctuations. This highlights the impact of market dynamics on telecommunications performance in frontier markets.
OPay is preparing for a potential US IPO, engaging major banks for the process. This move highlights concerns about Lagos losing its status as a hub for unicorn startups.
The importance of mentorship in the success of the Student Venture Capital Grant has been highlighted. Recommendations to the Federal Government emphasize the need for guidance and support for students in their entrepreneurial endeavors.
User perceptions and behaviors towards cybersecurity are vital for the success of digital banking in West Africa. Understanding these factors can enhance security measures and user trust in financial services.
FirstHoldCo Plc is seeking shareholder approval to increase its capital base to N1 trillion, aiming to strengthen its balance sheet. This move marks a significant step towards aggressive expansion for the parent company of First Bank.
The article from BusinessDay discusses various topics relevant to the Nigerian business landscape. It highlights key developments and trends that could impact the economy moving forward.
Dangote plans to invest $17 billion in a new refinery in Kenya, aiming for a capacity of 650,000 barrels per day. This move comes amid concerns over unaccounted funds at NNPC and calls for the privatization of refineries in Nigeria.
Petralon Energy has successfully increased oil production on Dawes Island by 2,800 barrels per day. This achievement comes just six months after the DI-3 well was brought onstream.
Transnational Corporation Plc has announced a dividend of N20.3 billion, equating to N2.00 per share, during its 20th Annual General Meeting in Abuja. This move is expected to delight shareholders and enhance investor confidence.
The aviation union has raised alarms over the severe jet fuel shortages in Nigeria, warning that the situation is pushing the industry to its limits. This crisis could have significant implications for air travel and operations in the country.
Six insurance firms are actively seeking to raise N60 billion ahead of the July 30, 2026 recapitalisation deadline. This move highlights the urgency within the insurance sector to strengthen their financial positions.
Tola Talabi's proposal for a dedicated power ring around Victoria Island aims to address the ongoing power challenges faced by businesses. This initiative has caught the attention of experienced investors looking to enhance energy reliability in Nigeria's commercial hub.
Airtel Africa has reported a significant revenue growth of $6.415 billion and expanded its customer base to 183.5 million. This strong performance highlights the company's successful operations over the past year.
PTML has officially handed over a new ICT-enabled office to the Nigerian Customs. This initiative aims to improve operational efficiency and facilitate trade.
BetKing has launched BetKing TV, a digital content platform aimed at enhancing discussions on sports and youth culture. This expansion marks a significant step for the gaming and entertainment company in Africa.
VFD Group Plc reported a profit before tax of N5.19 billion for the first quarter of 2026. This marks a significant financial achievement for the company.
Financial Trust Company Limited, Nigeria's first indigenous brokerage firm, is celebrating its 50th anniversary and plans to expand across Africa. The firm aims to enhance its presence in the Pan-African market.
NECA has urged stronger collaboration with the Enugu State government during a courtesy visit to Governor Peter Mbah. The meeting highlights the importance of partnership between organized businesses and government for regional development.
Jaiz Bank Plc has achieved a remarkable 107% gain in the stock market, significantly outperforming its peers in the banking sector. This impressive performance highlights the bank's strong position in the financial market.
The NCRIB has praised the Nigerian government's infrastructure development efforts and endorsed Universal Insurance for increased patronage. This recognition highlights the positive impact of government reforms on the insurance sector.
Shareholders have expressed their satisfaction with Custodian Investment Plc following a significant earnings surge. The company's revenue rose by 48% and profit after tax increased by 22% in 2025.
Lafarge Africa Plc has proposed a dividend payment of N96.64 billion for its shareholders for the 2025 financial year. This marks a full payout of 100 percent, benefiting all shareholders significantly.