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MTN Nigeria faces a potential N140 billion loss due to rising diesel prices at N2,000 per litre. The company is now shifting its focus towards gas as a more sustainable energy source.
The Aviation Ground Handlers Association of Nigeria has announced a 72-hour strike notice, potentially leading to flight cancellations. This action highlights ongoing tensions in the aviation sector.
Heavy rainfall has caused power outages in parts of Enugu, according to MainPower Electricity Distribution Limited (MEDL). The company has issued an apology for the disruption.
NGX Regulation Limited has successfully recovered over N500 million to enhance investor protection. This move underscores their commitment to safeguarding investors in the Nigerian market.
The Uyo airport has been upgraded to international status, enhancing travel within West Africa. Governor Eno believes this will boost tourism and trade opportunities in the region.
NNPC Limited achieved a profit after tax of N276 billion in March 2026, attributed to enhanced gas production and sales. This marks a significant financial milestone for the company amidst ongoing crude oil output.
NNPC has signed a Memorandum of Understanding to complete and operate the Warri and Port Harcourt refineries. This agreement aims to identify potential partners for restarting and expanding refinery operations.
NNPC has signed a Memorandum of Understanding with two Chinese firms to revive the Port Harcourt and Warri refineries. This partnership aims to enhance Nigeria's refining capacity and boost the oil sector.
Nigeria has signed a significant MoU with Airbus to enhance its aerospace development. This partnership aims to strengthen the country's aviation sector and promote technological advancement.
Gateway International Airport in Ogun State has successfully completed its first international flight, marking a significant milestone in Nigeria's aviation sector. The airport airlifted Muslim pilgrims for the Hajj, showcasing its capabilities on a global stage.
Stage Africa has launched The Authority Press System to enhance visibility for Africa's business leaders. This initiative aims to provide structured media exposure and support for entrepreneurs across the continent.
Nord Automobiles has launched a single-digit interest vehicle financing plan aimed at boosting demand in Nigeria's auto market. This initiative is expected to make car ownership more accessible for many Nigerians.
Gateway International Airport in Ogun State has made history by handling its first global Hajj flight. This milestone marks a significant achievement for Nigeria's aviation sector.
Sahara Power Group emphasizes the need for a digital grid to enhance Nigeria's electricity delivery. This approach aims to address the country's ongoing power supply challenges effectively.
Nigeria's telecom operators have successfully recovered over N2 trillion from subscribers through a stringent debt recovery initiative. However, call restrictions continue to affect users amidst these efforts.
Top trade officials from the EU and US are set to meet in Paris following President Trump's threat to increase tariffs on EU vehicles. This meeting aims to address compliance issues related to previous tariff agreements.
The Advertisers Association of Nigeria (ADVAN) has received global recognition from the World Federation of Advertisers. This accolade highlights Nigeria's growing influence in the advertising industry.
The Ooni of Ife emphasizes the importance of investing in retail and hospitality sectors to enhance local businesses. He believes this focus will create better income opportunities for small entrepreneurs.
Diageo has launched the 2026 edition of its World Class bartending programme in Nigeria, emphasizing skills development. This initiative aims to enhance the bartending profession in the country.
Femi Otedola clarified that Aliko Dangote did not seek financial assistance from him or other prominent businessmen. This statement highlights Dangote's independent financial standing.
Stakeholders are urging female corporates to focus on creating institutional legacies to promote inclusive leadership. This initiative aims to enhance representation and sustainability across various sectors.
Some cars maintain consistent demand due to their reliability, outlasting trends in the automotive market. This highlights the importance of consumer trust in vehicle longevity.
Dangote Group has refuted claims of a rift between Aliko Dangote and Tony Elumelu, labeling the allegations as false. The group also denied reports that Dangote financed the refinery through personal loans from friends.
Femi Otedola clarified that Aliko Dangote did not seek financial assistance from him, Mike Adenuga, or Tony Elumelu for the refinery project. This statement follows a disowned claim about Dangote's funding struggles during the refinery's construction.
The Nigerian Insurers Association (NIA) celebrates its 55-year journey, emphasizing continuity and transformation for future growth. This milestone reflects the organization's commitment to enhancing the insurance sector in Nigeria.
Sovereign Trust Insurance Plc has finalized the structuring phase for its N5 billion Rights Issue. This move is expected to strengthen the company's financial position and support its growth initiatives.
The Dangote Group is expanding its operations across Nigeria and Africa, which is expected to create significant job opportunities. This initiative aims to boost employment in the regions where they operate.
Dangote has refuted claims of a rift with Elumelu over financing issues related to the refinery. The clarification comes after a viral post suggested a fallout between the two businessmen.
VDL Technologies celebrated its 10th anniversary in Lagos with a glamorous event. The occasion highlighted the company's achievements in providing mobile-first digital solutions.
George Ekundayo, also known as Ogalaws, has launched a five-volume book series titled 'Success in Business.' The series aims to provide a structured guide for aspiring entrepreneurs.