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Sterling Oil, owned by Indian tycoons Nitin and Chetan Sandesara, has bought Eni's Nigerian onshore unit and its 5% stake in the Renaissance oil venture.
Ylias Akbaraly’s Thomson Broadcast is counting on Emmanuel Macron’s state visit to Nigeria to clinch a contract to rebuild the country’s TV and radio network.
Savannah Energy struck gas at a second Nigerian well, but its shares stay suspended over late accounts and net debt sits at $672 million.
Jean Kacou Diagou's NSIA has approval to hand its Nigerian life portfolio to CHI Life, exiting a quarter of the subsidiary's revenue.
Femi Otedola says he is writing a second book, Making It Bigger, a follow-up to the award-winning memoir he published in August last year.
Aliko Dangote's refinery supplied 92% of Nigeria's petrol demand in February, cutting the country's dependence on foreign fuel to a record low.
Rabiu said he would honor the $500,000 pledge, framing the payment as a gesture of appreciation for the players’ performance and the lift they gave to national morale.
Sayyu Dantata, half-brother to billionaire Aliko Dangote, has emerged as Nigeria’s most powerful fuel distributor after NNPC, leveraging his MRS network to benefit from Dangote Refinery’s rise.
Fidson Healthcare expands partnership with Japan’s Ohara to boost local drug production, cut reliance on imports, and improve access to affordable medicines.
Nigerian tycoon Muazzam Mairawani’s MSM Group plans a $225 million U.S. IPO after discovering $15 billion in oil reserves to expand Nigeria energy ventures.
BUA Foods tops Nigerian Exchange with $6.76 billion valuation; revenue grows 36%, net profit doubles in first half of 2025.
Abdul Samad Rabiu’s net worth rises to $6 billion as gains from BUA Cement and BUA Foods push him higher among Africa’s richest individuals.
Nigeria’s EFCC drops $8M fraud case against Oba Otudeko after court-approved settlement; Honeywell Group reaffirms his integrity and leadership.
Royal heirs grow Sijuwade family fortune to $240 million through energy, real estate, and construction investments across Nigeria and beyond.
Dangote eyes expansion of $3 billion fertilizer plant to reduce Africa’s imports and boost local food production in 40 months.
The expansion comes after significant upgrades to network capacity, aimed at boosting connectivity in Africa’s most populous nation.