Residents of Lagos woke up to a major surprise on Tuesday as the price of Premium Motor Spirit (PMS), commonly known as petrol, took a sudden downward turn at some …
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Dr. Awele Elumelu Takes Over as Chair of Transcorp Hotels Plc in Major Boardroom Shake-up
The hospitality industry in Nigeria is set for a significant leadership transition as Transcorp Hotels Plc, the hospitality arm of the Transnational Corporation (Transcorp Group) Plc, has announced the appointment …
- BusinessEnergyEnvironmentFinanceLagos NewsTransportationYouth Empowerment
Drivers benefit from UBA’s $100m Lagos vehicle scheme
In a massive boost to the transportation sector and youth empowerment in Lagos State, the United Bank for Africa (UBA) Plc has entered into a landmark $100 million partnership with …
- BusinessFinanceIndustrialisationNigeriaOil & Gas
132 Nigerian firms secured N51.7bn, $359m in local content funds – NCDMB
A total of 132 Nigerian companies have accessed N51.785 billion and $359.653 million from local content intervention funds aimed at promoting indigenous participation in the country’s oil and gas industry, …
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Nigeria’s Inflation Eases to 14.45% in November 2025, Supporting Consumer Spending and Business Activity
Nigeria’s headline inflation rate slowed further in November 2025, as consumer price pressures moderated under the new base year, according to the latest Consumer Price Index (CPI) report released by …
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CWG Ghana to Deploy Zero Trust Security Model After ISO 27001 Certification
CWG Ghana Limited has announced plans to implement a Zero Trust architecture as part of a broader effort to strengthen its information security framework and respond to emerging global cyber …
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UBA Names New Executive Directors as Four Long-Serving Leaders Retire
United Bank for Africa (UBA) has announced key changes to its executive management team, with three new Executive Directors set to take office from 1 January 2026, following the retirement …
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How a Compensation Claim over Garden City Advertising Contract Flopped
A legal battle over advertising rights at the popular Garden City Mall ended in a surprising twist, leaving the marketing company that once managed the mall’s commercial activities owing money …
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Nigeria’s Telecom Sector Attracts $991m FDI in Three Years
Nigeria’s telecommunications sector attracted a total of 991 million dollars in foreign direct investment, FDI, between 2022 and 2024, highlighting sustained investor interest in the industry despite regulatory reforms and …
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Marconi.NG Reaffirms Commitment to Low-Cost
Nigeria’s renewed effort to reduce production costs, speed up oil and gas field development, and attract new investments has received fresh support as Marconi.NG EPC Limited restated its commitment to …