Business

The Flag Officer Commanding (FOC), Western Naval Command, Rear Admiral AA Mustapha, has commended the Group Managing Director (GMD), United Bank for Africa, Mr. Tony Elumelu, for his outstanding contributions to economic development across Africa.

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Women entrepreneurs and professionals have commended Ecobank Nigeria for its continued commitment to supporting women‑owned businesses through its Ellevate proposition, following the launch of the Enhanced Ecobank Ellevate Proposition (Ellevate 2.0) in Lagos. 

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned a visa agent, Mr. Adediwura Adesina Stanley, before the Lagos State High Court over allegations bordering on conspiracy, forgery, and the use of false documents in an attempt to obtain a United Kingdom visa.

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The dream by Nigerians of homeownership is taking a bold new turn and those who move early will gain the most.

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Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia.

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The Nigerian capital market is set to transition to a T+1 settlement cycle, effective May 29, 2026, as part of efforts to enhance operational efficiency, reduce settlement risk, and align with global best practices.

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The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partnerships.

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The Nigerian Navy Ship VICTORY has made a giant stride in its campaign to rid the maritime sector of some undesirable elements as it has arrested and handed over a former Maritime Academy trainee in Oron for impersonating as a Naval Lieutenant.

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A comforting respite has come the way of Nigerians displaced by the ongoing construction of the Lagos-Calabar Coastal Highway, courtesy of KloverHarris Limited, a Lagos-based business consultancy firm.

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Financial market analysts have cautioned that rising geopolitical tensions involving the United States, Israel and Iran could trigger sell-offs in Nigeria’s Eurobond market as global investors reassess risk exposure to emerging economies.

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