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Donald Trump reportedly earned over $1 billion from cryptocurrency investments in 2025. This income was disclosed as part of his family's financial activities during his first year back in office.
Starzs Investments Company Limited (SICL) is set to celebrate 40 years of contributions to Nigeria's maritime sector from July 4 to 10, 2026. The company has played a significant role in shaping the country's maritime future.
Over 50 Nigerian companies are adopting international sustainability reporting standards, as reported by the Financial Reporting Council. This move reflects a growing commitment to transparency and sustainability in the Nigerian business landscape.
Trump's cryptocurrency investments significantly boosted his wealth, increasing from $2.3 billion to $6.5 billion between 2024 and 2026. His crypto ventures alone generated over $1 billion in 2025.
A report indicates that US President Donald Trump generated over $1 billion from cryptocurrency businesses in 2025. This substantial income has greatly enhanced his personal wealth.
Despite a global decline in air travel demand, African airlines saw an 8.9% increase in May 2026. This growth comes amid challenges posed by conflicts in the Middle East.
A witness testified in court that Ifoma Immanuel defaulted on a $1.5 million agreement with Adebutu Company. The case highlights ongoing issues with fraud in business dealings in Nigeria.
UBA has rewarded its loyal customers with over N400 million as part of its anniversary celebration. This initiative highlights the bank's commitment to customer satisfaction and engagement.
The Bank of Industry has appointed Kuramo Capital Management to manage the $170.6 million iDICE Fund for Nigerian startups. This initiative aims to enhance venture capital investment in the country.
Olowo urges companies in Nigeria to adopt sustainability reporting to enhance their competitiveness and access global capital. He presented draft regulations for actuarial practice to stakeholders for feedback.
BusinessDay has published its latest edition, featuring various developments in Nigeria. The report highlights significant events and trends affecting the business landscape.
United Nigeria Airlines has been welcomed as a Full Member of the African Airlines Association, AFRAA. This membership enhances the airline's position in Africa's rapidly expanding aviation sector.
Investors have committed over N100 billion to Nigeria's insurance sector, signaling strong confidence in its future. This funding comes as the industry approaches the final phase of its recapitalisation drive.
Severe rainfall in Lagos State has led to extensive flooding, disrupting business operations and trapping commuters in traffic. The heavy rains have submerged homes and shops, causing significant challenges for residents and businesses alike.
Saudi Airlines has not responded to the N6 million penalty imposed by the NCAA for violating consumer protection regulations. The silence raises questions about the airline's commitment to compliance and customer service.
A power surge ignited a fire at a laundry shop in Ilorin, Kwara State, resulting in the destruction of the business. Fortunately, residents were able to escape without injury.
Nigeria's Finance Minister is advocating for a digital commercial dispute resolution tribunal to expedite business disputes. This initiative aims to enhance the investment climate in the country.
PwC Nigeria has appointed four new partners as part of a broader initiative by PwC Africa to admit 20 new partners across the region. This move reflects the firm's commitment to growth and leadership in the consulting sector.
The 9th Lagos Leather Fair has launched an initiative aimed at enhancing export preparedness for local leather businesses. Dr. Jumoke Oduwole, the Minister of Industry, Trade and Investment, praised the fair's efforts in promoting the sector.
The Financial Reporting Council of Nigeria is encouraging business executives to prioritize sustainability reporting in their boardroom discussions. This move aims to enhance corporate responsibility and transparency in the business sector.
Odeyemi Olayiwole, CEO of Inspired2Lead, emphasizes the importance of fostering collaborative teams for sustainable growth in organizations. He believes that high-performing, co-creative teams are essential for lasting success.
NECA has launched Africa's first ESG implementation guide specifically for MSMEs, enhancing their sustainability and competitiveness. This initiative prepares businesses for upcoming mandatory ESG reporting requirements.
A crackdown on digital piracy has led to the loss of advertising revenue for nearly 1,400 illegal World Cup streaming sites. This operation has significantly disrupted their activities during the tournament.
Zemedeneh Negatu criticized Nigeria's airline ownership structure, stating it hinders aviation sector growth. He emphasized that reliance on sole proprietorship is unsustainable for success in the industry.
A report indicates that 40% of Nigeria's family businesses are significantly reliant on their founders for leadership. This dependency poses a challenge for the continuity of these businesses in the long term.
Adani is set to divest a $1.4 billion stake in an Indian port to MSC, marking a significant foreign investment in the country's port infrastructure. This deal highlights the growing interest in India's logistics sector by international companies.
Flight operations have resumed at the Murtala Muhammed International Airport after disruptions caused by flooding. The Federal Airports Authority of Nigeria (FAAN) has successfully restored services at the temporary international terminal.
Neimeth International Pharmaceuticals Plc's shareholders have approved new funding to support the company's growth initiatives. This capital will help accelerate its expansion and complete a state-of-the-art manufacturing facility.
A report highlights Nigeria's lithium and copper resources as vital for the clean energy transition. It suggests that leveraging these minerals can help meet renewable energy demands and retain more value domestically.
Norrenberger Advisory Partners Limited reported advising on capital market transactions totaling approximately N609 billion in the first half of the year. This highlights significant activity in Nigeria's financial markets.