June 19
Nigeria: Otedola Acquires N29.6 Billion Shares in First Holdco, Taking His Stake to 20.4 Percent
Mr Otedola executed the share purchase through the N45 billion second tranche of the lender's N350 billion private placement programme. Read more »
June 04
Nigeria: Nestoil Limited - in Receivership - Receiver/ Manager's Rejoinder to Article in the Guardian
This is the full details of the statement by receiver/manager regarding updates on Nestoil Limited - in Receivership. Read more »
June 03
Nigeria: Shell Operated Nigeria Pipeline for Years Despite Internal Pollution Warnings - - Report
Internal documents reveal Shell executives repeatedly raised concerns over the integrity of a major Nigerian pipeline years before widespread pollution incidents triggered lawsuits… Read more »
June 02
Nigeria: Supreme Court Annuls Order Freezing Nestoil, Neconde Assets
A five-member panel of the court on Monday in Abuja ruled that the appeal court exceeded the limits of its power when it issued an ex parte application against the oil firms. Read more »
May 25
Nigeria: Why the Battle Over Dangote Refinery Is Really About Nigeria's Economic Future
There are moments in the life of a nation when a business dispute stops being merely a business dispute. It becomes a reflection of the deeper economic model a country has… Read more »
May 21
Nigeria: Wema Targets Tier-1 Status As Profit Jumps to N221.9bn in 2025
On dividend policy, the Wema Bank chief said the institution remained committed to rewarding shareholders. Read more »
May 15
Nigeria: Firstmobile - How to Install and Register for Firstbank's Mobile App
With mobile banking apps, you can manage your finances securely, instantly, and from anywhere Read more »
Nigeria: Dangote Targets $100bn Revenue With Fresh $45bn Refinery, LNG Expansion Plan
President of the group, Aliko Dangote, disclosed this during a recent interview with Nicolai Tangen, chief executive officer of the Norwegian Sovereign Wealth Fund. Read more »
May 13
Nigeria: Otedola Acquires N43.4 Billion Shares in First Holdco
He acquired 549.5 million shares at N79 per unit on Wednesday through Calvados Global Services Limited, his special purpose acquisition. Read more »
May 07
Nigeria: Daar Communications PLC Insists On Shareholding Records Manipulation Despite CAC Denial
According to DAAR Communications, any discrepancies currently reflected on the CAC portal do not correspond with the company's official records and are still under review with… Read more »
May 06
Nigeria: UBA, Redtech, Momo Psb Expand Merchant Payment Access Across Nigeria
The partnership brings together Redtech's payment technology and enablement capabilities, UBA's merchant-acquiring and distribution layer, and MoMo PSB's mobile money wallet… Read more »
May 05
Nigeria: Zenith Bank Appoints Mustafa Bello As Jim Ovia Retires As Group Chairman
According to Zenith Bank, Mr Bello has extensive leadership experience at the board and executive levels, with a strong understanding of corporate governance principles and… Read more »
April 30
Nigeria: UBA Pushes Deeper Bank-Fintech Collaboration At Pan African Conference
The conference convened more than 20 leading fintechs and ecosystem stakeholders, including PalmPay, OPay, PayAza, Mastercard, Visa, Nigeria Inter-Bank Settlement System, and… Read more »
April 28
West Africa: Zenith Bank Launches Cote d' Ivoire Subsidiary, Strengthens Francophone West Africa Presence
The new subsidiary, licensed in December 2025 by the Ministry of Finance and Budget, Republic of Côte d'Ivoire, and regulated by the UMOA Banking Commission, will commence… Read more »
April 27
Nigeria: United Capital Group Completes Recapitalisation of SEC-Regulated Subsidiaries Over a Year Ahead of Deadline
In line with applicable regulations, United Capital has submitted all required audited documentation to the Securities and Exchange Commission (SEC) to confirm its full compliance… Read more »
April 24
Nigeria: Nigerian Breweries Quarterly Profit Up 26 Percent On Higher Revenue, Lower Finance Costs
Revenue for the beer-maker expanded 7.7 per cent to N413 billion on strong sales by big brands led by Heineken lager, which not long ago, introduced a 45-centilitre bottle to the… Read more »
April 21
Africa: Four Nigerian Startups Selected for Google's 10th Accelerator Africa Cohort
The four selected Nigerian startups focus on leveraging artificial intelligence to bridge gaps in financial inclusion and communications. Read more »
Nigeria: 109 Years. Still Building. Still Nigerian.
For more than a century, Union Bank has financed the building of Nigeria in the literal sense. We were among the institutions that wrote credit for the railways, the ports, the… Read more »
Nigeria: Dangote Refinery Eyes Crude Production As Upstream Project Records First Output
The move by the Dangote refinery could strengthen crude supply to its 650,000 barrels-per-day refinery and deepen vertical integration. Read more »
April 20
Nigeria: Dangote Sugar Plans N500 Billion Rights Issue
The planned share sale to shareholders requires the approval of relevant regulatory authorities to fly, while the terms and conditions, as well as the time of the offer, will be… Read more »
Nigeria: Sterling Bank, Mutual Benefits, NPF Microfinance Bank Top Stock Pick This Week
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Read more »
Nigeria: Air Peace, Turkish Airlines Sign Interline Agreement to Ease Global Travel for Nigerians
The partnership is expected to simplify flight connections for Nigerian travellers, allowing single-ticket journeys across domestic and international routes. Read more »
April 17
Nigeria: Australian Firm Gets Six Lithium Mining Licences in Nigeria
The licences include four exploration permits and two small-scale mining licences, previously held by Continental Lithium Limited. Read more »
Nigeria: Firstbank Partners Ekiti Govt On Launch of Innovation Enterprise Support Fund
The fund is a groundbreaking initiative designed to empower startups, scale tech-enabled businesses, and accelerate innovation-driven economic growth across the state Read more »
April 07
Nigeria: UBA's Chioma Mang, Michelle Nwoga Shine At 2026 Guardian Women Festival
The two UBA leaders received the coveted Special Recognition Awards in honour of their transformative leadership and contributions to banking, customer experience and corporate… Read more »
