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The Supreme Court has ordered the handover of the FPSO to GHL, nullifying a previous appeal court judgment. This decision highlights First Bank's failure to fulfill its obligations under the Memorandum of Understanding with GHL.
Wema Bank has launched the Hackaholics 7.0 national pitch tour at the University of Uyo. This initiative will take place across 10 pitch centers in Nigeria's six geopolitical zones.
Coronation Insurance Plc and Coronation Life Assurance Limited have announced the winners of their Insure & Win 2.0 Grand Raffle Draw. This initiative aims to reward customers and enhance engagement with their services.
The American Business Council has launched the Freedom 250 initiative to celebrate the 250th anniversary of U.S. independence. This year-long program will feature various activities aimed at fostering collaboration and cultural exchange.
NAHCO PLC has restructured its Board of Directors, leading to the retirement of its vice chairman and a director. New legal and finance experts have been appointed to strengthen the company's leadership.
Stransact Chartered Accountants has awarded 100 university students across Nigeria for their exceptional talent. The initiative aims to recognize and invest in the brilliance of top graduates from leading universities.
Mrs. Esther Awolana, an 80-year-old former civil servant, has successfully turned bread selling into a thriving business in Nigeria. Her inspiring story showcases the potential for entrepreneurship at any age.
Lagos State Government has partnered with UNDP to support fashion and leather MSMEs, aiming to boost their presence in both local and global markets. This initiative is set to enhance the creative enterprise sector in Lagos.
Nigerian telecom subscribers are expressing their struggles due to the temporary halt of airtime and data lending services. This disruption is linked to a regulatory dispute involving the Federal Competition and Consumer Protection Commission.
Stargate LLM is emerging as a promising investment opportunity in the $1.2 trillion AI market, positioning itself as a competitor to established cryptocurrencies like Solana and Ondo. This development highlights the growing interest in AI ownership within the crypto space.
Apple has raised trade-in values for old devices, allowing customers to save more when upgrading. This new payment program could enhance customer satisfaction and drive sales.
QORAY Mobility & Energies has officially unveiled its founding executive leadership team. The company aims to drive sustainable energy solutions across Nigeria.
Canada has recalled Ola-Ola pounded yam due to the presence of undeclared milk allergens. This action highlights the importance of accurate labeling in food products to ensure consumer safety.
Artee Group has launched the 42 Glover Luxury Collection, a significant mixed-use development in Ikoyi, Lagos. This project aims to enhance luxury living and hospitality experiences in the area.
Nigerian SMEs are leveraging digital tools to achieve significant growth despite economic challenges. This resilience showcases their ambition and adaptability in a competitive landscape.
Betjara Casino is offering a 200% Welcome Bonus to new players, providing an opportunity to maximize their gaming experience. The promotion includes benefits, eligibility requirements, and tips for players to make the most of it.
PZ Cussons reported a remarkable revenue of N260.46 billion for the year ending May 31, 2026. Their profitability surged by 388%, increasing from N10.07 billion to N49.10 billion compared to the previous year.
Artee Group has commenced construction on the 42 Glover Luxury Collection in Ikoyi, Lagos. This development aims to redefine luxury living and hospitality in the area.
Online casinos are diversifying their offerings with innovative games like Plinko. This trend aims to enhance user experience and attract more players to the gambling sector.
Gambling has transitioned to online platforms, rendering traditional casinos less relevant. Players now have access to a variety of games through suitable online partners.
Toriola emphasizes that MTN Nigeria is fundamentally a Nigerian company and supports the government's telecom tariff adjustments. These changes are aimed at preventing financial collapse in the industry and boosting MTN's capital expenditure for network improvements.
Chinwendu Ekeh has been appointed as the acting Managing Director of NASD Plc following the retirement of Eguarekhide Longe. This leadership change marks a new chapter for the organization.
TradingPRO's $1 Cent Account is making it easier for new traders in emerging economies to access the market. This initiative aims to democratize trading by providing professional tools at a low cost.
RMB Nigeria Asset Management Limited's RMBN Money Market Fund has been upgraded to an 'A+' rating by Agusto & Co. This two-notch upgrade reflects the fund's improved creditworthiness and stability.
HGL Real Estate Limited has acquired a 14.1% stake in Ikeja Hotels, supported by Honeywell Group. This investment highlights the growing interest in Nigeria's hospitality sector.
Nigerian SMEs are increasingly using digital tools and payment systems to drive growth and overcome challenges. This shift is transforming their ambitions into tangible success.
Enactus Nigeria has partnered with the Nigerian Stock Exchange and NCDMB to promote innovative engineering solutions for Nigeria's development. This collaboration aims to enhance the commercialization of local solutions to address pressing challenges.
Dangote Refinery has successfully secured $750 million through its first Eurobond issuance, priced at 7.5%. This funding comes ahead of its planned IPO and reflects the refinery's commitment to stabilizing fuel prices despite global oil market fluctuations.
The Federal Court of Appeal has confirmed Halkin Exploration and Production Limited as the legal owner and operator of OML 46. This ruling upholds a previous decision made by the Federal High Court in 2025.
Shell and nine banks have launched a $3 billion fund aimed at supporting Nigerian oil service companies. This initiative is expected to empower local contractors and enhance local content in the oil and gas sector.