Category: Business
Dangote Says First Grandson Is Yet To Find Working With Him Interesting
Aliko Dangote says his first grandson has not yet found working with him interesting, sharing a personal remark about his family and the younger generation. Africa’s richest man and President of the Dangote Group, Aliko Dangote, has disclosed that his first grandson would prefer to gain experience at global professional services firms KPMG or PwC…
Kenyan Court Suspends Dangote Refinery Work As Firm Insists Groundbreaking Will Proceed
A Kenyan court has ordered a halt to work linked to the Dangote refinery project, while the company says plans for the groundbreaking ceremony remain unchanged. Kenyan President William Ruto (R) with Dbagote Group CEO, Aliko Dangote (L). Photo: X/William Ruto The Malindi Environment and Land Court in Kenya has directed that the construction of…
Nigeria At 66: CPPE Calls For Shift From Economic Stabilisation To Productivity
The Centre for the Promotion of Private Enterprise has urged Nigeria to move beyond economic stabilisation measures and focus more strongly on boosting productivity as the country marks its 66th anniversary. Centre for the Promotion of Private Enterprise (CPPE) hails the first quarter gross domestic product (GDP) growth of 3.89 per cent The Centre for the…
Global Stocks Slide As Oil Prices Rise Amid Uncertainty Over Hormuz Reopening
Global stocks declined while oil prices climbed as hopes for progress on reopening the Strait of Hormuz weakened, with talks expected to address messages exchanged through intermediaries and Iran’s conditions for reopening the strategic waterway. An oil tanker of CPC Corporation is docked at Keelung Port on March 11, 2026. Oil prices held around 100…
Refiners Call for End to Fuel Imports, Demand Reliable Crude Supply
Nigerian refiners are urging an end to petroleum product imports while seeking guaranteed access to adequate crude oil supplies to sustain local refining operations. Chief economist, Dangote Group, Hassan Mahmud (left); Vice Chairman, Crude Oil Refinery-owners Association of Nigeria (CORAN), Duchess Okulaja-Kotun; Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, representing the governor…
Ecobank Pledges $2.6bn To Support Women-Led Businesses, Agriculture
Ecobank says it is committing $2.6 billion to financing initiatives focused on women-led businesses and agriculture, as part of efforts to expand access to funding across key sectors. Ecobank Group has committed $2.6 billion in targeted lending to women-owned businesses and agricultural value chains across Africa by 2030, as the Pan-African banking group begins its next…
Over 67,000 Nigerians Benefit From Consumer Credit Scheme, Tinubu Says
President Bola Tinubu says more than 67,000 Nigerians have so far benefited from the Federal Government’s consumer credit scheme as the country prepares to mark its 66th Independence Day. President Bola Tinubu. Photo credit: Presidency President Bola Tinubu has said that so far, more than 67,000 borrowers across 25 states and the FCT have received…
Keyamo Honoured As ‘Workers Minister Of The Decade’ At NPS 2026
The Minister of Labour and Employment was recognised as the ‘Workers Minister of the Decade’ at NPS 2026, with labour leaders and other stakeholders in attendance as he reaffirmed his commitment to workers’ welfare, rights and dignity. Keyamo Receives ‘Workers Minister Of The Decade Award’ At NPS 2026 The Minister of Aviation and Aerospace Development,…
States, FCT Record N5.15tn IGR In 2025 As Lagos Tops With N1.77tn — NBS
Nigeria’s states and the Federal Capital Territory generated a combined N5.15tn in internally generated revenue in 2025, with Lagos accounting for N1.77tn, according to the National Bureau of Statistics. Lagos State recorded the highest Internally Generated Revenue (IGR) among Nigerian states and the Federal Capital Territory (FCT) in 2025, generating N1.77 trillion, This is according…
Converse Apologises Over Sneaker Ad Criticised For KKK Imagery
Converse has apologised after its sneaker advertisement drew criticism on social media, with some viewers saying the lighting and dangling shoes evoked imagery associated with the Ku Klux Klan and lynching. Footwear company Converse has pulled this advert that critics said invoked Ku Klux Klan imagery. (PHOTO: Converse) American sneaker company Converse has apologised for…
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Opeyemi Precious
Precious Opeyemi is an independent media entrepreneur, journalist, and the founder of Scoop Lounge. Driven by a commitment to credible, balanced, and high-impact journalism, she established the platform to deliver rapid-response news summaries across multiple global sectors. Read full
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