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Nigerian telecom operators are losing control of a significant airtime lending market worth over N400 billion annually. This shift is due to regulatory changes that favor five new lending firms.
A Federal High Court in Lagos has prohibited ShopRite directors from selling the company's shares or assets until a judgment debt is settled. This ruling aims to protect the interests of creditors involved in the case.
Shoreline Natural Resources Limited and the Nigerian Upstream Petroleum Regulatory Commission have reaffirmed their commitment to Nigeria's energy future. This collaboration aims to enhance the country's energy sector and ensure sustainable development.
Experts in Lagos have declared traditional productivity metrics obsolete due to the rise of AI. They warn that Nigerian businesses must adapt to these changes to remain competitive.
Former Anambra State Governor Jim Nwobodo and his wife are embroiled in a legal dispute with a Lagos businessman over a N235 million land transaction. The plaintiff is seeking N5.8 billion in damages, while the defendants have filed a counter suit for N1.2 billion.
BUA Cement reported a revenue increase of 22.1% in Q1 2026, reaching N355 billion. This growth reflects the company's strong performance compared to the previous year's N290.8 billion.
Swede Control Intertek Limited has committed to strategic transformation and operational excellence after its 2026 Executive Retreat. The company aims to enhance collaboration and growth moving forward.
International Breweries Plc has launched its new super premium lager, Budweiser Royale, in Lagos. This marks a significant milestone for the company as part of ABInBev's extensive portfolio.
Linus Okorie argues that successful founders create companies that can thrive independently. He highlights Paga's recent leadership transition as an example of this principle in action.
Nigerdock has celebrated its 40th anniversary, highlighting its achievements in Nigeria's maritime and industrial sectors. CEO Maher Jarmakani emphasized the company's journey and contributions to the industry.
Sam Pharmaceutical Limited has launched a new WHO-standard manufacturing facility in southwestern Nigeria. This initiative aims to boost local drug production and decrease dependence on imported medicines.
Glovo and various stakeholders in the e-commerce sector are advocating for enhanced collaboration to foster inclusive growth for small and medium-sized businesses. This initiative aims to drive innovation and support the SMB ecosystem.
The NCAA has issued a warning to airlines regarding passenger complaints, particularly during the ongoing aviation fuel crisis and incidents of bird strikes. They emphasized the need for better communication and passenger care during disruptions.
Waltersmith is expanding its refining capacity and plans to develop a condensate refinery and industrial park. The company recently hosted the NCDMB for an inspection of its new facilities.
UPDC is set to focus on infrastructure delivery and advisory services as part of its new offerings in the property market. This move aims to enhance its service portfolio and meet future demands.
VivaJets, a Nigerian business aviation company, is set to participate in the Africa CEO Forum as a strategic mobility partner. The company aims to enhance integrated continental mobility across Africa.
Dangote and the Saudi envoy are working to enhance trade relations between Nigeria and Saudi Arabia. They discussed expanding cooperation in energy, industry, and infrastructure sectors.
Jamil Abubakar has been appointed as the Managing Director for Infrastructure and Logistics at Dangote Group. This move hints at a potential succession plan within the company.
The Saudi ambassador hosted a dinner for Aliko Dangote to strengthen economic ties between Saudi Arabia and Nigeria. This meeting aims to enhance cooperation and partnership in various sectors.
BUA Cement celebrated its top distributors at the 2025 Distributors’ Awards, honoring their exceptional performance. Winners received various prizes, including cash, SUVs, and CNG trucks.
The Nigerian government is taking steps to alleviate the financial pressures faced by airlines due to rising fuel costs. Keyamo and Oyedele held a meeting in Abuja to discuss potential interventions.
Recent articles discuss Union Bank of Nigeria and a Federal High Court judgment. The coverage raises concerns about the implications for the bank's operations and reputation.
Nigeria has agreed to write off a $32.8 million fine against Meta, easing previous obligations on the company. This deal highlights significant concessions made by Nigeria in its negotiations with the tech giant.
United Bank for Africa (UBA) Plc reported a 9.4% growth in assets, reaching N33.2 trillion. This comes despite a slight decline in gross earnings for the 2025 financial year.
Carloha Nigeria is participating in the Chery International Business Summit in Beijing, China. The event runs from April 22 to 28, 2026, alongside Auto China 2026.
Jetour Nigeria has confirmed its exclusive representation of the Jetour brand in Nigeria after being appointed in 2022. The company also received a global award, highlighting its successful market presence.
Air Peace has cited fuel scarcity as the reason for indefinite flight delays at Lagos airport, leading to passenger frustration. The situation highlights ongoing challenges in the aviation sector due to fuel supply issues.
QI Group has committed 10% of its revenue to the RYTHM Foundation since 2005, supporting social impact initiatives in over 30 countries. This ongoing investment highlights the company's dedication to corporate social responsibility.
Air Peace chairman warns that the rising costs of aviation fuel could lead to more airline shutdowns, despite government interventions. The situation remains critical for airline operators in Nigeria.
Air Peace flights are being disrupted due to a crisis in the supply of Jet A1 aviation fuel, leading to delays and rescheduling. Passengers are expressing concerns about the reliability of their travel plans amidst these ongoing issues.