One person has reportedly been killed in Osogbo, the Osun state capital, after gunmen attempted to gain access to Davido, the award-winning Nigerian singer.
Absa closed 79 branches and more than 100 ATMs as rising digital adoption reshaped banking, while the lender expanded smaller service outlets across South Africa.
Mike Adenuga has experienced a gain in wealth of over $500 billion in only a single year, which sets him apart from most of the country's billionaires.
The Nigerian currency has depreciated again against the US dollar, pound, and euro ending August with N28.56 loss despite the CBN's recent interventions.
According to the Bloomberg Billionaire Index, Africa's richest have experienced a significant drop in net worth this year, with Dangote being the most affected
The list of the world’s richest men has changed again, with Elon Musk leading the pack, while Aliko Dangote has lost his crown as the richest man in Africa.
Abdul Samad Rabiu, the chairman of the board of directors of BUA Cement, has explained why cement prices remain high in the market despite efforts to reduce them.
Nigeria's richest billionaires, including Aliko Dangote and other prominent business moguls, have increased their net worth since the start of January 2024.
The World Bank has named Nigerian companies and individuals that have been banned from applying for its contracts due to fraud and corrupt practices.
The African Petroleum Producers Organization (APPO) is set to establish the Africa Energy Bank (AEB), and the Nigerian government is excited about the prospects.
Nigerian billionaire and businessman TY Danjuma has acquired a chemical company Notore in partnership with Thomas Etuh for $150m to boost fertiliser production.
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