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Dangote ready to sell $19 billion oil refinery to state owned-NNPC amid govt disputes

Aliko Dangote, Africa’s wealthiest individual, has expressed willingness to sell his multi-billion-dollar oil refinery to NNPC Limited, Nigeria’s state-owned energy company, due to ongoing...

Shoprite to close Abuja branch by June 30 due to economic hardship

Shoprite Mall, a well-known retail supermarket, has made the decision to cease operations at one of its Abuja branches. The affected branch, located in...

Otti unveils multi-billion-naira bus terminal, renames Ossah expressway

Abia State Governor, Dr. Alex Otti, has unveiled a multi-billion-naira bus terminal in Umuahia, the state capital, as part of his administration's efforts to...

Why we chose Angola over Nigeria for $6 billion TotalEnergies project

Patrick Pouyanne, the Chief Executive Officer of TotalEnergies, shared insights during the Africa CEO panel in Kigali, Rwanda, emphasizing the importance of a stable...

Unlocking Opportunities: S’East exporters urged to maximize AfCFTA for non-oil trade

Exporters in the South East region have received counsel on leveraging the African Continental Free Trade Area (AfCFTA) to expand their non-oil exports. Advised...

Business Risks: Invest in Lagos at your own peril – Maryanne Moghalu warns

Maryanne Moghalu, spouse of Kingsley Moghalu, the former Young Progressive Party presidential candidate, issues a stark caution to investors in Lagos State amidst rising...

Maersk legal threat looms against Tinubu administration as company stocks decline over false $600 million investment claim

The fallout from a false investment claim linked to Tinubu's administration has placed Maersk's legal team in the spotlight, with potential legal action looming...

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