Abdul Samad Rabiu, founder and chairman of BUA Group, has emerged as the third-richest person in Africa, while Aliko Dangote has retained his position as the continent’s richest man.
...where REAL brands are worth the gist
Saturday, 9 May 2026
Nigeria launches mining technology hub to boost local mineral processing capacity
Nigeria has launched a dedicated Mining Technology and Resource Innovation UniPod at Nasarawa State University as part of its expanding national University Innovation Pod programme aimed at strengthening local mineral processing and industrial innovation.
United Capital meets SEC recapitalisation deadline ahead of schedule
United Capital Group has completed the recapitalisation of its Securities and Exchange Commission-regulated subsidiaries, more than 14 months ahead of the 30 June 2027 compliance deadline set by the Commission.
Tegbe did not promise to fix Nigeria’s power grid in three months, spokesperson clarifies
The office of the Minister-designate, Joseph Olasunkanmi Tegbe, has dismissed media reports claiming he promised to fix Nigeria’s power grid within three months, describing the reports as inaccurate and misleading.
Thursday, 7 May 2026
Nigeria launches CAC ReVOps platform to ease company registration, business filings
Nigeria’s Corporate Affairs Commission (CAC) has introduced a new direct payment system, ReVOps, into its online registration portal in a move aimed at simplifying company registration and corporate filing processes.
BT Group named telecommunications partner for UEFA Euro 2028
BT Group has been confirmed as an official telecommunications partner for UEFA Euro 2028, strengthening the UK telecoms giant’s role in one of Europe’s biggest football tournaments.
Shell posts $6.9bn Q1 2026 earnings amid global energy market volatility
Shell has reported adjusted earnings of $6.9 billion for the first quarter of 2026, citing strong operational performance across its global portfolio despite heightened volatility in commodity markets.
WARC report highlights AI-driven shift in marketing measurement for 2026
WARC has released The Future of Measurement 2026, a new report examining the emerging trends reshaping media and creative measurement as marketers increasingly turn to artificial intelligence and outcome-based strategies to improve decision-making.
Meta expands AI age verification measures to improve teen safety across its platforms
Meta has unveiled new AI-powered age assurance measures aimed at strengthening online safety for teenagers across Instagram, Facebook and Messenger, as the technology company increases efforts to create more age-appropriate digital experiences for young users.
Emirates reports record $6.6bn profit to remain world’s most profitable airline
The Emirates Group has posted record financial results for the 2025–26 fiscal year, with Emirates retaining its position as the world’s most profitable airline despite significant disruption to regional air traffic towards the end of the reporting period.
LG Electronics launches free health insurance cover for Nigerian air conditioner buyers
LG Electronics has expanded its consumer health protection initiative in Nigeria by introducing free comprehensive health insurance for customers who purchase selected air conditioner models.
Monday, 4 May 2026
FirstCap closes ₦4.46bn LAPO bond to boost SME financing and clean energy investment
FirstCap Limited, an investment banking firm and subsidiary of FirstHoldCo Plc, has closed a ₦4.46 billion Series 1 bond issuance by LAPO MFB SPV Plc, in a move aimed at expanding access to long-term capital for key sectors of Nigeria’s economy.
CBN cuts FX interventions by 83% to $150m in April as naira faces pressure
Foreign exchange interventions by the Central Bank of Nigeria (CBN) fell sharply by 83 per cent in April, declining to $150 million and placing renewed pressure on the naira despite improved inflows into the market.
Subscribe to:
Posts (Atom)