Business Archives - Page 5 of 55

Governor Zulum Pushes Export Drive, Seeks Port Access For Borno Businesses

NewsDeskNgMay 6, 2026May 6, 20260

Borno State Governor Zulum has engaged the NPA to expand port access and boost exports for local producers. Borno State Governor Babagana Zulum has intensified efforts to reposition Borno State as an export-driven economy, holding high-level talks with the management of the Nigerian Ports Authority (NPA) in Lagos to integrate...

Mustafa Bello Emerges Chairman Of Zenith Bank After Jim Ovia Retires

NewsDeskNgMay 5, 2026May 5, 20260

Mustafa Bello takes over as Zenith Bank Chairman following Jim Ovia’s retirement after 12-year regulatory tenure completion. Zenith Bank Plc has announced a leadership transition with the appointment of Engr. Mustafa Bello as its new Chairman, marking a new phase in the bank’s governance structure following the retirement of its...

Thailand Delegation Inspects Site For Thai-Nigeria Agricultural Technology Centre In Enugu

NewsDeskNgMay 5, 2026May 5, 20260

Thai officials have visited the Federal Cooperative College to inspect the proposed site for Thai-Nigeria Sustainable Agricultural Technology Learning Centre. A joint team of officials from the Kingdom of Thailand have visited the Federal Cooperative College (FCCO), Oji River, Enugu State, to inspect the proposed site for Thai-Nigeria Sustainable Agricultural...

Samsung Family Completes Record $8bn Inheritance Tax Payment In South Korea

NewsDeskNgMay 4, 2026May 4, 20260

Samsung’s founding family has completed payment of a record $8bn inheritance tax bill in South Korea The family behind South Korean conglomerate Samsung has fully paid a 12 trillion won (about £6bn or $8bn) inheritance tax bill, marking the largest such settlement in the country’s history. The payment, completed in...

OPay Eyes $4bn US IPO, Engages Citigroup, Deutsche Bank, JPMorgan

NewsDeskNgMay 3, 2026May 3, 20260

Opay targets $4bn valuation in potential US IPO, leveraging large customer base and transaction volumes to attract global investors. Opay, a financial technology firm, has engaged Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. as it advances plans for an initial public offering (IPO), leveraging its massive customer...

NUPRC, NLNG Deepen Partnership To Boost Gas Production, Supply

NewsDeskNgMay 3, 2026May 3, 20260

NUPRC says collaboration with NLNG will strengthen gas production and supply, as TotalEnergies launches school safety programme in Nigeria. The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs Oritsemeyewa Eyesan, has reaffirmed the NUPRC’s commitment to enabling a business-friendly environment and advancing the federal government’s...

Dangote Refinery Begins Direct Jet Fuel Supply To Ethiopian Airlines

NewsDeskNgMay 2, 2026May 2, 20260

Dangote Refinery has begun direct aviation fuel deliveries to Ethiopian Airlines, marking entry into international jet fuel supply chain markets. The Dangote Petroleum Refinery has commenced direct aviation fuel deliveries to Ethiopian Airlines, marking a significant step in Nigeria’s entry into the international jet fuel supply chain. The development, disclosed...

Alake Says Nigeria’s Solid Minerals Revenue Rises To ₦68.1bn

NewsDeskNgMay 1, 2026May 1, 20260

Nigeria’s solid minerals revenue hit ₦68.1 billion in 2025, as government reports higher royalties, output growth, and expanded cooperatives. The federal government has said the total 2025 revenue from Solid Minerals reached about N68.1 billion, while remittances into the Federation Account amounted to N63.92 billion in the first eleven months...

CPPE Calls For Shift From Wage Rises To Broader Workers’ Welfare Reform

NewsDeskNgMay 1, 2026May 1, 20260

CPPE urges Nigeria to move beyond wage hikes, advocating reforms in healthcare, transport, energy, and job security to improve welfare. The Centre for the Promotion of Private Enterprise (CPPE) has called for a fundamental shift in labour advocacy in Nigeria, from a narrow wage-centric approach to a broader and more...

Bangladesh Seeks Stronger Nigeria Ties, Cites Untapped Economic And Cultural Opportunities

NewsDeskNgApr 30, 2026April 30, 20260

Bangladesh is calling for deeper Nigeria ties, highlighting trade, education, and investment opportunities The High Commissioner of Bangladesh to Nigeria has reaffirmed the commitment of both countries to deepen bilateral relations, describing Bangladesh and Nigeria as natural partners bound by shared aspirations for development, cultural understanding, and global cooperation. Speaking...