Business News
Dangote Reveals Why He Abandoned Arsenal Takeover for Refinery Project
Africa’s richest man, Aliko Dangote, has explained why he dropped his long-standing ambition of buying English football club Arsenal F.C., saying he chose...
Zenith Bank Founder Jim Ovia Retires as Chairman After 12 Year Tenure
Zenith Bank has officially announced the retirement of its founder and Group Chairman, Jim Ovia, following the completion of his tenure in line...
Elon Musk Becomes Wealthiest Person Ever With 839 Billion Dollar Fortune
Technology entrepreneur Elon Musk has become the wealthiest individual ever recorded with an estimated net worth of 839 billion dollars according to the...
Tinubu Commends BOI for Record N636bn Disbursement to Businesses in 2025
President Bola Tinubu has praised the Bank of Industry for disbursing N636bn to businesses in 2025, describing it as the highest annual financing...
Otedola Hails Dangote as Refinery Hits 650000 Barrels Per Day Capacity
Billionaire businessman and philanthropist Femi Otedola has congratulated the President of the Dangote Group, Aliko Dangote, following the Dangote Petroleum Refinery’s attainment of...
KEDCO Raises Alarm Over Transmission Challenges in Northwestern States
The Kano Electricity Distribution Company has expressed concern over persistent electricity supply challenges affecting Northwestern states, attributing the situation to constraints within the...
Access Bank Bidvest Bank Acquisition Collapses After Deadline Expires
Access Holdings Plc has confirmed that its banking subsidiary Access Bank Plc was unable to complete its proposed acquisition of a 100 per...
MTN in Talks to Acquire Majority Stake in IHS Towers in Strategic Infrastructure Move
MTN Group Africa’s largest mobile network operator is in advanced discussions to acquire the remaining 75 percent stake in IHS Towers a deal...
Transcorp Hotels Records Historic N97bn Revenue in 2025, Profit Soars 47%
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has reported a historic revenue of N97.04bn for the 2025 financial year, representing...
Elizade JAC Autoland, Sterling Bank Partner to Expand Vehicle Financing Access
Elizade JAC Autoland Limited has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through...
