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 billionaires
Emeka Agbanari and the Seaman Group: How an Anambra industrialist built scale in mining, construction and energy services
Emeka Agbanari built Seaman Group in mining and construction, then diversified into energy services and scholarships, earning a national honour along the way.
Nigerian auto magnate Innocent Chukwuma's Innoson plans new plant for CNG trucks and electric vehicles
Innoson says a new Nnewi plant will build CNG trucks and electric vehicles, adding 2,000 jobs and a youth training scheme.
Nigerian businessman Aderemi Makanjuola’s Caverton posts sharp Q4 revenue drop as quarterly loss narrows slightly
Caverton Offshore Support Group reported a steep Q4 revenue slide to 3.74 billion naira as its net loss eased.
Nigerian billionaire Femi Otedola now owns 18.12% stake in First HoldCo
Femi Otedola has raised his combined stake in First HoldCo to 18.12%, adding to his influence in a major banking group.
Nigerian Energy tycoon Olakunle Williams' Tetracore Energy Group commissions Ghana's first Gas Virtual Pipeline Network CNG Facility
Tetracore Energy Group has launched Ghana’s first compressed natural gas facility in Tema, a $15m project built to scale supply and cut emissions.
Tetracore Energy Group charts next phase of growth with gas-to-liquids and ammonia-urea expansion
Tetracore Energy Group Limited is advancing plans to diversify into Gas-to-Liquids (GTL) and ammonia-urea fertilizer production, aiming to deepen Nigeria’s gas-based industrial economy.
No respite for Ernest Azudialu-Obiejesi as court of appeal sacks Wole Olanipekun SAN as consortium of banks tighten their grip on Nestoil and Neconde
Nigeria’s appeal court says receivership has frozen the board’s authority, forcing Nestoil and Neconde to swap legal teams mid battle with lenders.
Nigerian oilman Wale Tinubu predicts electric vehicles could make up half of country’s fleet within 20 years
Oando chief Wale Tinubu predicts electric vehicles could reach half of Nigeria’s fleet within 20 years as costs drop.
Five years on, Elumelu's Heirs Energies reshapes Nigeria’s OML 17 with production gains and discipline
Five years after assuming control of OML 17, Heirs Energies points to production growth, safety milestones and financial discipline as proof of its operating model.
Abdul Samad Rabiu set to become third Nigerian to hit $10 billion after Adenuga, Dangote
Abdul Samad Rabiu nears $10 billion, set to become the third Nigerian to hit the milestone, after Adenuga and Dangote in 2016.
TotalEnergies and ABC Orjiako’s Zebbra reach understanding on Nigeria’s OPL 248 as Chevron seeks 40% stake
TotalEnergies and ABC Orjiako’s Zebbra say they reached an understanding over Nigeria’s OPL 248 as Chevron pursues a 40% offshore stake.
Olugbenga Agboola's Flutterwave acquires open banking startup Mono for over $25 million
Flutterwave CEO Olugbenga Agboola says buying Mono ties payments and open banking together, aiming to unlock faster lending and safer account transfers.
The late Nigerian billionaire Nuel Ojei built an empire from Mazda to EMO, then kept it out of the spotlight
From Mazda showrooms to EMO oil ventures, Nuel Ojei built a discreet conglomerate that touched Nigeria’s roads, ports and crude trade.
Custodian Investment chief Wole Oshin buys $2.3 million in shares in December trades
Custodian Investment chief Wole Oshin bought 87 million shares worth about N3.39 billion in December trades disclosed to the NGX.
Nigerian real estate tycoon Umar Abdullahi gifts employees $2.7 million in Cosgrove properties
At Cosgrove’s Abuja retreat, Umar Abdullahi approved ₦4 billion ($2.7 million) in properties for staff, linking rewards to faster delivery and growth in 2026.