Business
Elon Musk turn 55, become first trillionaire with SpaceX IPO
Happy birthday to Elon Musk, wey turn 55 today, and im net worth don reach $938 billion. Since 2024 start, e don dey top as…
Business
Business
FirstBank, Adeosun tok say SMEs na di backbone of Nigeria economy
Di Managing Director and Chief Executive Officer of First Bank of Nigeria Limited, Olusegun Alebiosu, and former Minister of Finance, Kemi Adeosun, don call on…
Business
Elon Musk lose trillionaire status, still richest person for world
Tech entrepreneur Elon Musk don lose im trillionaire status on Tuesday, less dan two weeks after e become di first person to achieve am following…
Business
Dangote pick Zedcrest Securities as IPO broker as refinery listing near
Dangote Group don appoint Zedcrest Securities as Joint Stockbroker for di proposed Initial Public Offering (IPO) of Dangote Refinery, one of di most anticipated transactions…
Business
Australian wool market rise as supply tight for season end
With no auction for Fremantle, only Sydney and Melbourne dey operate, the market record im smallest weekly offering for the season. The EMI end just…
Business
ANOH gas plant don start full operation, target 300mmscfd
Di ANOH Gas Processing Plant don begin commercial operation and dey ramp up production to reach im full capacity of 300 million standard cubic feet…
Business
United Nigeria Airlines chairman call for urgent aviation reform
Di Chairman of United Nigeria Airlines, Prof. Obiora Okonkwo, don call on government to quickly reform di aviation sector so dat airlines for Nigeria fit…
Business
RMB Nigeria secure $1.8bn for Kano-Maradi railway corridor deal
RMB Nigeria don secure financing deal for Kano-Maradi railway corridor, one of West Africa biggest cross-border transport projects. Di deal wey worth $1.8 billion go…
Business
Gina Rinehart invest for Elon Musk SpaceX, call am world first trillionaire
Australian billionaire woman, Gina Rinehart, don make big investment for Elon Musk im company SpaceX. Di investment come as SpaceX start to trade for sharemarket…
Business
CBN launch NOFAR to make financial market better and transparent
Di Central Bank of Nigeria (CBN) on Monday formally launch di Nigerian Overnight Financing Rate (NOFAR), wey be landmark financial market reform wey go strengthen…
Business
AFC gree give Dangote $600M for fertiliser
Africa Finance Corporation don tok say dem go give Dangote Group $600 million facility to help am triple fertiliser production for Nigeria and build new…
Business
Spacex IPO: Musk Dey Sell Future, Investors Dey Buy Hope
Di proposed stock market debut of SpaceX don bring back one question wey don follow Elon Musk for im whole career. Whether we suppose see…
Business
Dangote refinery cut petrol unit by 34% as exports slump
Dangote refinery don cut down production for im petrol unit by 34 percent as exports don drop sharply. According to industry monitor IIR Energy, the…
Business
Afrika second richest man Rabiu collect $81 million private jet
Abdul Samad Rabiu, wey be chairman of BUA Group and Africa second richest man, don take delivery of brand new Bombardier Global 8000 private jet.…
Business
Standard Bank back Dangote Refinery IPO, call am wonder of world
Africa largest bank, Standard Bank Group, don tok say dem go support Dangote Industries Limited, especially for di planned IPO of Dangote Petroleum Refinery. Dem…
Business
Top 10 richest pipo for June 2026: Elon Musk dey number one
According to the latest Forbes Billionaires Ranking for June 2026, we don see di world richest pipo, and e show how AI, cloud computing, and…
Business
Chevron dey show muscle with record production for Q1 2026
Chevron don report record production and strong cash flow for di first quarter of 2026, as di company dey benefit from plenty diverse assets across…
Business
Grenada open door for Nigerian investors, direct flight dey come soon
Honorary Consul of Grenada for Nigeria, Bidemi Sonoiki, don urge Nigerian entrepreneurs and investors to look for emerging opportunities inside Caribbean nation. According to am,…
Business
Delta dey set to dominate LAX as competitors waka comot
For Los Angeles International Airport, wey dem dey call LAX, e be the only airport for America where American, Delta, and United all get hub.…
Business
Hungary MOL dey beg US for more time on NIS deal
Hungary big oil company MOL dey press Washington to give dem more time on di purchase of NIS, di Serbian oil firm. According to sources…
Business
Dangote cut petrol, diesel price again
Dangote Petroleum Refinery & Petrochemicals don announce fresh reduction for ex-depot prices of Premium Motor Spirit, wey we dey call petrol, and Automotive Gas Oil,…
Business
Costco dey grow strong as rich people join bulk buying
Costco warehouse dey see more people pass before, and e no be only because of crackdown on membership sharing or price increase. The chain don…
Business
NNPC April revenue jump 79% to N4.97trn, profit climb to N481bn
NNPC get reason to smile as dem report say April revenue jump 79 percent to N4.97 trillion, and profit climb to N481 billion. Dis na…
Business
Michael Dell pass Zuckerberg, become 6th richest man for world
Michael Dell don become the world sixth-richest person, and e pass Meta CEO Mark Zuckerberg for Forbes Real-Time Billionaires list. Dis one happun on Friday,…
Business
Benelux-Moldova Business Forum Dey Open New Chances
Di Benelux-Moldova Business Forum don open new opportunities for business between Moldova and di Benelux countries – Belgium, Netherlands, and Luxembourg. Di event go bring…
Business
Dangote Refinery become world biggest jet fuel exporter for April
Na true say for April 2026, Dangote Petroleum Refinery become the world largest exporter of jet fuel. According to data from S&P Global Commodities at…
Business
Naira hold steady for NFEM window, traders talk of better FX supply
Nigerian Foreign Exchange Market (NFEM) window on Thursday, maintaining the relatively steady performance wey dem don record for recent trading sessions. Currency traders attribute the…
Business
Dangote cut diesel price by N200, PETROAN say competition sweet
Dangote Refinery don reduce di ex-depot price of Automotive Gas Oil, wey dem dey call diesel, from N1,800 to N1,600 per litre. Dis N200 reduction…
Business
Fidelity Bank profit high but SME lending low, fintech dey take over market
Fidelity Bank don release dia first quarter 2026 results, and di numbers show say di bank dey strong. Di bank record gross earnings of N434.95…
Business
Fidelity Bank don board veteran banker Dr. Jonathan Ososuakpor
Fidelity Bank Plc don appoint veteran banker Dr. Jonathan Oniovosa Ososuakpor as Non-Executive Director. Di appointment take effect from May 22, 2026, afta di Central…
Business
MTN set to swallow IHS for $2.2 billion, shareholders to vote
Oga, big tins dey happen for telecom world as MTN don move closer to buy IHS Holding Limited for $2.2 billion. IHS board don give…
Business
Chinese medical factory dey rise for Tanger Tech, first for Africa
Chinese company Jiangsu Aishelun Medical Technology Group don start build im first Africa manufacturing plant for Morocco inside Mohammed VI Tanger Tech City. Di project…
Business
CBN new FX rule go improve market liquidity?
Di Central Bank of Nigeria don launch di fourth edition of Foreign Exchange Manual, and dis one na big step to make forex market transparent,…
Business
NCAA suspend service to 11 airlines over unpaid charges
Nigeria Civil Aviation Authority don order all im departments to stop service for 11 domestic airlines because of unpaid money wey dem owe di regulator.…
Business
Iran dey try charge toll for Strait of Hormuz, shipping people no gree
Iran don start new plan to charge ships wey dey pass through Strait of Hormuz, but analysts say di move go fail because e violate…
Business
Dangote refinery help Nigeria get first credit upgrade for 14 years
S&P Global Ratings don upgrade Nigeria sovereign credit rating from B- to B, the first upgrade for 14 years. The main reason na Aliko Dangote…
Business
Alphabet fit join Nvidia for $5 trillion club? Dow Jones dey shake!
Dow Jones Industrial Average dey celebrate 130 years, but di index don change well well. Now e full of tech stocks like Salesforce, Amazon, and…
Business
Dangote Refinery file fresh lawsuit against FG, NMDPRA over fuel import licences
Dangote Petroleum Refinery don file fresh lawsuit against Federal Government of Nigeria and di downstream regulator for di kontri. Dis one na new move to…
Business
Dangote Refinery drop petrol price to N1,200 per litre
Dangote Refinery don drop the ex-gantry cost of Premium Motor Spirit by N75 to N1,200 per litre. Dis one come as big relief to many…
Business
Early investors dey sell Groww shares worth ₹4,750 crore for block deal
Early investors for Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, don begin to sell their stake through a block deal wey worth…
Business
Fidelity Bank gross earnings jump 45.6% for 2025, capital hit N561bn
Fidelity Bank don announce say dem gross earnings grow by 45.6% for di Financial Year 2025. Dis growth na from stronger topline momentum across core…
Business
Otedola push FirstHoldCo to N1 trillion capital, no dey wait for CBN
FirstHoldCo wey Femi Otedola dey control don set target to raise another N253 billion fresh capital, as e dey move toward N1 trillion paid-up capital…
Business
Abdulsamad Rabiu jump from 5th to 2nd richest African in 4 months
Abdulsamad Rabiu, chairman of BUA Group, don become Africa second richest man, overtake South African billionaire Johann Rupert. According to Bloomberg Billionaires Index, Rabiu net…
Business
Dangote Refinery IPO go list for multiple African stock markets dis year
Di much-anticipated Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering, wey value di business between $40B to $50B, go now be cross-border listing for…
Business
Ecobank go raise fund for international market
Ecobank Transnational Incorporated, wey dem dey call ETI, don announce say dem go raise money from international debt capital markets. Di money go helep dem…
Business
Oil price dey dance as US and Iran dey fight for Hormuz
Oil price jump up on Friday as US and Iran exchange fire for the key Strait of Hormuz waterway. The US say dem make self-defence…
Business
FCMB Group don appoint Adepeju Adebajo as director
FCMB Group Plc don appoint Mrs Adepeju Adebajo as Independent Non-Executive Director for dia Board, after di Central Bank of Nigeria (CBN) give approval. Mrs…
Business
XRP ETF launch dey hot: Institutional cash dey flow before May 7
Di crypto market dey buzz as May 7 dey approach, di date wey GraniteShares don finally set to launch dia 3x Long and 3x Short…
Business
Dangote Refinery increase fuel price again, now N1,350 per litre
Dangote Refinery don increase ex-depot price of petrol by N75. Now e dey sell for N1,350 per litre. Before now, price na N1,275 per litre.…
Business
Jim Ovia retire as Zenith Bank Chairman after 12 years tenure finish
Jim Ovia, wey be founder and Group Chairman of Zenith Bank Plc, don retire as chairman. The retirement come after im tenure finish according to…