Business

The Centre for CSR West Africa is partnering with the Climate X Culture Summit 2026 to advance environmentally sustainable practices across the region’s cultural, creative and events sectors. The first edition of the summit, themed “Designing Creative Experiences for Africa”, will take place on October 22, 2026, at the Google Artificial Intelligence Community Centre in […]

The Nigeria Energy Sector Fund, overseen by SCM Capital Asset Management Limited, has submitted its audited financial results for the year ended March 31, 2025, to the Nigerian Exchange, reporting strong performance attributed to strategic investments in oil and gas stocks, improved returns from fixed-income instruments and effective cost control. The Fund’s revenue increased by

The Federal Government is set to streamline regulatory operations across Ministries, Departments and Agencies (MDAs) by removing repeated charges, overlapping functions and cumbersome administrative processes to make doing business in Nigeria less expensive and encourage investment. The proposed changes will also introduce clear performance benchmarks for government agencies, with emphasis on faster service delivery, the

The Dangote Petroleum Refinery has announced an N80 reduction in the price of Automotive Gas Oil, popularly known as diesel, bringing its gantry price down from N1,780 to N1,700 per litre. The revised price will take effect from Wednesday, October 7, 2026, according to a notice issued by the refinery to its customers. The adjustment

The Lagos State Government has welcomed Greenwich Bank Limited’s opening of three commercial banking branches in Lagos, describing the move as a development that could boost financial inclusion, wealth creation and economic growth across the state. The bank officially opened its new branches in Surulere, Ikoyi and Victoria Island on Friday, October 2, marking the

Heirs Energies Limited, the indigenous energy firm chaired by billionaire investor and Non-Executive Director Tony Elumelu, has expanded its shareholding in Seplat Energy Plc after acquiring an additional six million ordinary shares on the London Stock Exchange. The latest purchase further increases the stake held by companies associated with Elumelu in Seplat Energy, while highlighting

NTT DATA has implemented SAP SuccessFactors solutions and SAP Business Data Cloud, integrated with Joule, SAP’s artificial intelligence (AI) orchestrator, as part of efforts to modernise its human resources operations worldwide. According to a statement issued by SAP , the move will allow NTT DATA to consolidate multiple existing HR systems into a unified platform

The recent decline in international crude oil prices has prompted the Dangote Petroleum Refinery and other petroleum marketers to lower the prices of Premium Motor Spirit (PMS) at major depots in Lagos, Port Harcourt, Calabar and Warri. The latest depot price report published by Petroleumprice.ng showed that Lagos recorded the largest price adjustments, with several

The Chairman of SIFAX Group, Dr Taiwo Afolabi, has advocated for greater integration of economic investment into global conflict-prevention efforts, saying infrastructure, employment, trade and economic opportunities can help tackle structural factors that leave societies exposed to instability. Afolabi made the call in New York, United States, during the United Nations General Assembly High-Level Global