Business

Electric car demand rises in Europe amid Middle

  • 20th April 2026
Dangote Sugar exceeds N1tn market cap level 

Dangote Sugar plans ₦500bn rights issue for growth

  • 20th April 2026
EU rules out fee for tech giants under digital markets act

EU antitrust chief rejects push to relax merger

  • 20th April 2026

Brent nears $95 over fears of US-Iran ceasefire

  • 20th April 2026

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Dispatch rider killed by speeding NIPCO tanker in Lagos

Transportation

Tankers turn back as Hormuz crisis deepens shipping chaos

Oil and Gas

Electric car demand rises in Europe amid Middle East

Business
Standard Chartered initiates $1 billion share buyback

Standard Chartered tops M&A advisory rankings in West Africa

Banking

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Transportation

Dispatch rider killed by speeding NIPCO tanker in Lagos

The Lagos State Traffic Management Authority has confirmed a fatal crash at Motorways inward Estate, Alapere, Lagos, which claimed the life of a dispatch rider. LASTMA General Manager, Mr Olalekan Bakare-Oki, confirmed the accident in a statement on Monday. He said preliminary findings showed that an empty NIPCO tanker, registration number TTN-776ZQ, allegedly speeding, rammed […]

Oil and Gas

Tankers turn back as Hormuz crisis deepens shipping chaos

Traffic once again seized up in the Strait of Hormuz as both Tehran and Washington imposed separate blockades, with Iranian vessels continuing to test the United States shutdown, tracking data showed Monday. Iran announced on Friday that it would reopen the strategic waterway, but the United States did not reciprocate for vessels going to and […]

Standard Chartered initiates $1 billion share buyback
Banking

Standard Chartered tops M&A advisory rankings in West Africa

Standard Chartered has been ranked as the number one Mergers & Acquisitions Financial Adviser by deal value in West Africa. The rankings were unveiled at the prestigious DealMakers Africa Annual Gala Awards in Lagos recently. Standard Chartered secured the top position in the M&A financial adviser category by deal value, ahead of other leading global […]

Aviation

Court dismisses Air Peace suit against FCCPC investigation

The Federal High Court in Abuja on Monday dismissed the suit filed by Air Peace Limited seeking to restrain the Federal Competition and Consumer Protection Commission from issuing summons over numerous alleged complaints from passengers nationwide regarding unrefunded ticket fares, canceled flights, among others. Justice James Omotosho dismissed the suit for “lacking merit,” faulting the […]

Dangote Sugar exceeds N1tn market cap level 
Business

Dangote Sugar plans ₦500bn rights issue for growth

Dangote Sugar Refinery Plc has announced plans to raise up to N500 billion through a Rights Issue, subject to regulatory approvals. This is part of efforts to strengthen its capital base and support future growth. The development was disclosed in a statement signed by the Company Secretary, Mrs. Temitope Hassan, following the company’s 20th Annual […]

Finance

Tinubu approves $75m investment in Flutterwave

President Bola Tinubu has approved a $75 million investment in Flutterwave as the fintech company advances plans for its Initial Public Offering. The development was disclosed on Monday by the President’s Special Assistant, Dada Olusegun, via a social media post. The move comes shortly after Flutterwave secured approval to operate banking services in Nigeria, marking […]

Finance

Dollar hits one-week high as US-Iran tensions spike FX fears

The United States dollar climbed to a one-week high against major currencies on Monday as renewed tensions between the United States and Iran dampened hopes for a Middle East peace deal. Reuters reported that this follows developments over the weekend in which the United States seized an Iranian cargo ship, escalating geopolitical uncertainty. The situation […]

EU rules out fee for tech giants under digital markets act
Business

EU antitrust chief rejects push to relax merger rules

The European Union’s antitrust chief has rejected proposals to ease merger regulations aimed at helping the bloc build corporate champions capable of competing with US and Chinese giants. “It is not necessary to relax them,” Teresa Ribera told Bloomberg. “If anyone thought that this call for the creation of champions was an argument to deregulate, […]

Business

Brent nears $95 over fears of US-Iran ceasefire collapse

Oil prices surged and European stock markets retreated after the United States seized an Iranian vessel, undermining optimism over a potential peace agreement. Brent crude, the global oil benchmark, climbed 4.8 per cent on Monday to $94.69 (£70.07) per barrel. Across Europe, equities came under pressure. The UK’s blue-chip FTSE 100 slipped 0.7 per cent, […]

Business

NPA retirees threaten nationwide protest over 16 years unpaid pensions

Retirees of the Nigerian Ports Authority have threatened a nationwide protest over what they describe as over 16 years of unpaid pension entitlements. In a statement issued on Sunday, the pensioners under the Nigerian Ports Authority Pensioners Welfare Association said the action would begin seven days after publication of the notice if their demands are […]

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