The Federal High Court in Lagos has ordered petroleum marketer Kehinde Ogbor and his firm, Danium Energy Services Limited, to pay Union Bank Plc the sum of N20.7 billion after …
BankingBusinessCourt RulingsEconomyLawReal Estate
- BusinessEconomyEnergyOil & GasTrade
Dangote Refinery’s Petrol Price Cut May End Fuel Importation in Nigeria
Petroleum marketers in Nigeria may soon stop importing petrol as the Dangote Petroleum Refinery has slashed its ex-depot price by ₦49 per litre, a move that is already reshaping the …
- BankingBusinessEconomyFinanceINVESTMENTMonetary Policy
Nigerian Banks Earn Over N14.7tn in Nine Months as High-Interest Rates Boost Sector Growth
Nigeria’s biggest banks have continued to enjoy massive earnings in 2025 as nine major financial institutions raked in a total of N14.72 trillion in interest income during the first nine …
- BusinessDiplomacyEconomyInternational TradeINVESTMENTManufacturing
Nigeria, Indonesia Renew Partnership to Boost Trade, Investment and Economic Growth
Nigeria and Indonesia have reaffirmed their commitment to deepening bilateral trade and investment relations as both nations continue to explore new areas of cooperation in energy, manufacturing, agriculture, health, and …
- Affluent ManagementBusinessCorporate GovernanceHealthInsuranceLeadership
AXA Mansard Urges Firms to See Employee Wellbeing as Strategic Investment, Not Expense
AXA Mansard Health, a leading Nigerian health insurance provider and member of the AXA Group, has advised business leaders and organisations to treat employee wellbeing as a strategic business investment …
The Abuja Electricity Distribution Company (AEDC) has begun a large-scale retrenchment exercise that has seen about 800 employees laid off, deepening concerns among Nigerians already struggling with rising inflation, worsening …
- BusinessDevelopmentEconomyEnergyManufacturingNigeria
Northern Manufacturers Back 15% Fuel Import Duty, Hail Dangote’s Refinery
Industrialists from Northern Nigeria have thrown their weight behind the Federal Government’s decision to impose a 15 per cent import duty on petroleum products, describing it as a bold policy …
- EconomyEducationGovernanceInnovationScienceTechnologyWomen Empowerment
FG Grants ₦200m to 14 Women Engineers to Boost Innovation in Key Sectors
The Federal Government has awarded ₦200 million in grants to 14 outstanding women engineers to help them scale up innovative solutions aimed at addressing some of Nigeria’s most critical development …
- AgricultureDevelopmentEconomyEnvironmentNigeriaRural DevelopmentYouth Empowerment
Soil Values Programme Launches Mobile One-Stop Shops to Support 7,000 Northern Farmers
The Soil Values Programme, in partnership with the Nigerian Agro-Inputs Dealers Association (NAIDA) Northwest, has introduced a new mobile one-stop shop model to strengthen the delivery of agricultural inputs and …
- BankingBusinessDigital EconomyEntrepreneurshipMediaTechnology
UBA hosts influencers at business series
United Bank for Africa Plc (UBA) has continued its tradition of empowering African entrepreneurs through knowledge-sharing and capacity-building as it hosted another edition of the UBA Business Series, focusing on …