UAE’s biggest bank targets Nigeria expansion with Lagos office
First Abu Dhabi Bank plans a Lagos office as it expands into Nigeria, deepening its push into infrastructure and energy financing across Africa.
Central and West Africa
Nigerian billionaire Kola Karim's Shoreline Group acquires producing U.S. oil assets
Shoreline Group chief Kola Karim says the Nigerian operator has bought producing U.S. oil assets, betting African grit can lift output.
Banker Aig-Imoukhuede urges Nigeria to embrace agriculture as engine for jobs
Nigeria’s agriculture is unfinished, not failed. Leaders urge youth to see it as a modern, tech-driven sector with vast career paths
Citygate Homes Chairman Duru Mike Ejiogu honored as Entrepreneur of the Year by Sun Newspapers
Citygate Homes chairman Duru Mike Ejiogu received Sun Newspapers’ Entrepreneur of the Year award at a ceremony attended by Nigeria’s business and political elite.
Nigerian businessman Orji Uzor Kalu sponsors UTME registration for 2,000 Abia North students
Senator Uzor Kalu sponsors UTME registration for 2,000 Abia North students, access to education
Late Nigerian billionaire Pascal Dozie honoured as NGX celebrates his legacy
NGX and Nigeria’s business leaders honour billionaire banker Pascal Dozie, celebrating his lasting impact on the capital market, corporate governance and nation-building
Access Bank appoints Ifeyinwa Osime as new Board Chair
Her combined exposure to banking, insurance, trust services, and legal practice positions her as a multifaceted leader capable of navigating complex regulatory and market environments
Nigerian billionaire Abdulsamad Rabiu drives FX loss cut as BUA Foods profit hits N507.73bn
BUA Foods sharply reduced FX losses in 2025 as disciplined operations and energy diversification lifted profit to N507.73 billion.
Senegalese comedian Khaby Lame’s leap into billionaire territory sparks global buzz
Following the announcement, Rich Sparkle’s shares exploded, climbing more than 650% within days
Nigerian billionaire Folorunsho Alakija awards $215,000 in grants to women entrepreneurs
Folorunsho Alakija’s Flourish Africa chose 100 women for 3 million naira grants after training, business plans and competitive pitches.
Nigerian billionaire Abdulsamad Rabiu tops stock gains in 2025, beats Dangote
Abdul Samad Rabiu emerged as Nigeria’s biggest stock market winner in 2025, overtaking Aliko Dangote as soaring share prices lifted billionaire fortunes.
Nigerian businessman Matthew Tonlagha signs $720,000 U.S. lobbying deal as Abuja courts Washington
Matthew Tonlagha, a Tantita Security Services executive, signed a six month $720,000 lobbying deal in Washington to boost U.S. Nigeria ties.
Nigerian billionaire Aliko Dangote's refinery secures new NNPC gas deals to power global expansion
Dangote Group has secured new gas supply agreements with NNPC units to support refinery expansion as Nigeria works to raise gas production.
Nigerian lawyer Gbenga Oyebode-led Okomu Oil’s profit nearly doubled in 2025 on strong palm oil sales
Okomu Oil Plc nearly doubled its 2025 net profit to N63.5 billion, driven by strong palm oil sales and favorable global prices, boosting revenue and margins
Wale Tinubu’s Oando grows profit 10 percent as upstream output jumps in 2025
Oando Plc posted a stronger profit in 2025 as rising oil and gas output offset lower revenue from trading shifts and strategic portfolio realignment.
Billionaire Aliko Dangote's refinery targets 75 million litres daily petrol supply
Dangote Refinery outlined petrol, diesel and aviation fuel volumes that exceed Nigeria’s estimated demand, according to figures released by the company.