Business

Oando Plc is adapting to a changing financing landscape, as European banks have largely withdrawn from funding hydrocarbon projects due to climate policies. The company is now turning to regional…

The Nigerian National Petroleum Company (NNPC) is advancing its digital transformation with the rollout of artificial intelligence-driven systems designed to boost crude oil production and operational efficiency across its upstream…

Nigeria’s state oil company, Nigerian National Petroleum Company Limited (NNPC), has exported its first cargo of the newly introduced Cawthorne crude grade to the Netherlands, marking a significant step in…

Zenith Bank Plc has completed its acquisition of Paramount Bank Kenya Limited, marking a major step in its strategic expansion into the East African financial market. The Nigerian lender confirmed…

Nigeria’s business environment is facing stricter conditions due to rising inflation, ongoing power supply issues, and tightening financing conditions, which are collectively eroding operating margins and slowing expansion across key…

Workers at Seplat Energy Plc have suspended their ongoing strike action, following renewed negotiations and interim commitments on wage adjustments, thereby alleviating concerns over potential disruptions to Nigeria’s oil and…

The Federal Government recently made significant progress in eliminating massive payroll fraud, with the discovery of 45,000 “ghost workers” through the integration of the Bank Verification Number (BVN) system. Former…

Mutual Aid Specialist Micro-Insurance Limited (MAIDS) has launched its groundbreaking operations in Nigeria, introducing the country’s first Blockchain Hybrid Mutual Insurance (BLOHMI) model. This innovative approach is set to revolutionise…

  As the power sector struggles with liquidity challenges across the value chain, President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential…