Nigerian oilfield service company Kenyon International has announced the restoration of more than 6,000 barrels of crude oil per day from a previously inaccessible well, in what industry observers describe …
Business
- BusinessEnergyNigeriaOil & GasTechnologyYouth Empowerment
- BusinessDangote IndustriesEconomyEnergy
Nigerians Spend N1.3tn on Petrol in June as Consumption Hits 1.44bn Litres
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …
- BusinessCapital MarketEconomyInternational RelationsTrade
NGX Boss Highlights Nigeria-Brazil Capital Market Opportunities During Tinubu’s Visit
The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has said that capital markets will play a central role in boosting trade …
- BusinessCapital MarketCorporate NewsEconomyINVESTMENTNigeria
NASD Declares First Dividend as Shareholders Celebrate Turnaround
Shareholders of NASD Plc have commended the company’s board and management for steering it out of years of losses to profitability, leading to its first-ever cash dividend payout. At the …
- BusinessCorporate GovernanceEconomyFinancial InclusionNigeriaStock Market
Access Holdings Announces Resignation of Roosevelt Ogbonna from Board
Access Holdings Plc has announced the resignation of one of its non-executive directors, Mr. Roosevelt Ogbonna, after three and a half years of service on its board. The notice, which …
- BusinessCorporate Social Responsibility,Food ProductionSmall Business
Nestlé Trains 250 Bauchi Food Vendors with Skills to Grow Businesses
Nestlé Nigeria, through its out-of-home business arm, Nestlé Professional, has extended its flagship Business of Food workshop series to Bauchi State, training more than 250 food vendors, canteen operators, grillers, …
- BusinessCapital MarketEnergyInfrastructureINVESTMENTReal Estate
Coronation Lists Nigeria’s Largest Infrastructure Fund on NGX with N8.79bn Offering
Coronation Asset Management has listed the Coronation Infrastructure Fund (CIF), Nigeria’s largest Series I infrastructure fund, on the Main Board of the Nigerian Exchange (NGX). The move, described by market …
- AfricaBusinessEconomyEntrepreneurshipHealthManufacturing
Nigerian Firm Afroganiks Targets $6.3 Trillion Global Wellness Market with African Herbal Innovation
Afroganiks Industries Limited, a Nigerian health and wellness company, has announced plans to take a strong position in the global wellness industry, which is valued at $6.3 trillion. The company …
- BusinessInnovationINVESTMENTNigeriaStartupsTechnology
Arigo Technologies to Launch Seven Digital Platforms in Landmark Event
Nigerian technology company, Arigo Technologies, will on Saturday, August 30, 2025, introduce seven new digital platforms in one day, an ambitious move that industry watchers say is rare even by …
- BusinessEconomyFinancial RegulationFintechGovernment PolicyInsurance
Tinubu’s Insurance Reform Act 2025 Set to Transform Nigeria’s Insurance Industry
Nigeria’s insurance industry is preparing for major changes following the signing of the Nigerian Insurance Industry Reform Act (NIIRA) 2025 by President Bola Ahmed Tinubu earlier this month. The new …