Saudi envoy, Dangote explore partnerships in energy, infrastructure
Yousef bin Mohammed Al-Balawi, Saudi Arabia’s ambassador to Nigeria, has held talks with Aliko Dangote, chairman of the Dangote Group, on potential…
Business
CSCS assures higher returns as ₦8.9bn dividend gets approval
Nigeria’s Central Securities Clearing System Plc has assured its shareholders of higher returns, following the approval of an N8.9 billion dividend at…
Transcorp announces Q1 profit of ₦50.7bn despite revenue dip
Africa’s leading listed conglomerate, Transnational Corporation Plc, has announced its unaudited Q1 2026 financial results, delivering resilient profitability, strong balance sheet growth,…
ADVAN recognised for advancing marketing practice, societal impact
The Advertisers Association of Nigeria has been honoured with the ‘President’s Award’ by the World Federation of Advertisers at its Global Marketer…
International Breweries posts ₦40.31bn pre-tax profit in Q1
International Breweries Plc reported a pre-tax profit of N40.31 billion in its Q1 2026 results, representing a 15 per cent increase from…
Porsche sells stake in Bugatti in strategic cost-cutting move
Porsche has executed a strategic reversal on one of its recent high-profile investments, announcing that it has reached an agreement to sell…
EFCC arrests ex-Skye Bank CEO Tunde Ayeni over fraud
The Economic and Financial Crimes Commission has arrested businessman and former chairman of the now-defunct Skye Bank Plc, Tunde Ayeni, over allegations…
Oil prices hit $105 as US-Iran ceasefire talks collapse
Oil prices climbed from about $100 per barrel on Wednesday to above $105 on Thursday, following the collapse of talks between Iran…
NUPRC heads to appeal court over Dawes Island marginal field ruling
The Nigerian Upstream Petroleum Regulatory Commission has approached the Court of Appeal to challenge a recent Federal High Court judgment concerning the…
FCCPC, Lagos partner to curb unsafe goods, unfair trade
Nigeria’s consumer protection regulator has entered into a cooperation pact with Lagos State authorities to boost enforcement against unsafe goods, market misconduct,…
FCCPC closes Abuja estate over alleged breach of buyers’ rights
The Federal Competition and Consumer Protection Commission has shut down Paradise Estate in Life Camp Extension, Abuja, over alleged breaches of consumer…
MTN to compensate subscribers over poor network quality
MTN Nigeria has announced plans to compensate subscribers affected by poor network quality, in line with a recent directive from the Nigerian…