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The Nigerian businessman and philanthropist hails President Tinubu’s overhaul of Nigeria’s tax laws as a transformative moment for business and inclusive growth.
This gain comes as the bank’s shares have risen steadily on the NGX, reflecting growing investor confidence in Zenith Bank’s performance.
The fertilizer plant, spread across 500 hectares in Ibeju Lekki, Lagos, is already the largest of its kind in Africa.
Agyepong’s Jospong Group expands into Burkina Faso, launching a youth-led waste management system after sealing a landmark deal in Lagos.
Oando kicks off 2025 with a 90.51% profit surge to $70 million, powered by finance income, tax gains, and strong E&P performance.
TY Danjuma’s IMG wins shareholder support for $4.2 million rights issue after revenue surge; expands investments in power, gas, and agribusiness sectors.
Zenith Bank CEO Adaora Umeoji deepens her stake with a $2.1 million share buy, affirming long-term faith in the bank’s growth and profitability.
The bold move underscores the group’s commitment to safeguarding customer assets amid rising cyberattacks targeting financial institutions across Nigeria.
The new subsidiary, Coris Bank International Chad, takes over from Société Générale Chad following the completion of its acquisition on Feb. 31, 2024.
The lender disclosed this in a statement filed on the NGX on Wednesday, reaffirming its commitment to meeting all supervisory requirements.
A 90,000-metric-ton cargo of gasoline is scheduled to leave the refinery for Asia, marking the first time fuel from the Lagos-based facility will be sold outside the region.
The layoffs followed a protest at one of the company’s construction sites in Lagos, where workers stopped work and marched to demand better conditions.
Access Holdings, led by Aigboje Aig-Imoukhuede, has acquired Standard Chartered Bank Gambia, ending the British bank’s 130-year presence in the country.
It is ready to deploy 4,000 new Compressed Natural Gas (CNG)-powered tankers to enhance last-mile delivery and fuel accessibility across Nigeria.
Indimi family feud escalates as sons side with father in $435 million Oriental Energy oil dividend dispute against sisters Ameena and Zara.
The fresh capital comes on the heels of Moove’s $100 million raise in 2024 at a $750 million valuation.