Oando Halts Petrol Imports as Dangote Refinery Reshapes Nigeria’s Fuel Market
In a major development within Nigeria’s energy sector, Oando Plc has officially suspended the importation of petrol into the country following the rapid rise of…
Category: Business
Africa’s Billion-Dollar Startups: Nigeria Leads the Continent’s Tech Revolution
Africa’s tech ecosystem continues to demonstrate remarkable growth and resilience, with several startups across the continent reaching billion-dollar valuations — a milestone that signals the…
Roxettes Group Considers Relocating Manufacturing Operations from Southeast to Lagos over Insecurity, Logistics Challenges
Roxettes Group, one of Nigeria’s emerging industrial conglomerates, is reportedly considering relocating several of its major manufacturing plants from the Southeast to Lagos State, citing…
OpenAI to Charge 7.5% VAT on ChatGPT Subscriptions in Nigeria Starting November 2025
Beginning November 1, 2025, Nigerian users of ChatGPT will pay more for their subscriptions as OpenAI introduces a 7.5% Value Added Tax (VAT) on all…
Michelin Set to Return to Nigeria After 18 Years of Exit
Eighteen years after shutting down its Port Harcourt production plant and exiting Nigeria, French tyre manufacturing giant Michelin has revealed plans for a strategic comeback…
Kanayo Eni-Ikeh: The Visionary Who Revived a Failing Company into a ₦40 Billion Success Story
In Nigeria’s business landscape, few stories exemplify resilience, innovation, and transformative leadership like that of Kanayo Eni-Ikeh, a man who turned a struggling company into…
Skyewise Group Clarifies Ownership of Demolished Lekki Property, Denies Link to Ola of Lagos
Skyewise Group, a Nigerian conglomerate known for its operations in auto sales and servicing, has clarified that the recently demolished property along Lekki Expressway in…
NNPCL Raises Petrol Price To ₦905 Per Litre Amid Ongoing Fuel Supply Disruptions
The Nigerian National Petroleum Company Limited (NNPCL) has again adjusted the price of Premium Motor Spirit (PMS), popularly known as petrol, increasing it from ₦890…
NNPC signs new crude deal with Dangote refinery
The Nigerian National Petroleum Company Limited has signed a fresh two-year crude oil supply agreement with the Dangote Petroleum Refinery, a move that is expected…
Lagos opens teacher recruitment portal for applicants
The Lagos State Universal Basic Education Board, known as LASUBEB, has officially launched its recruitment portal, inviting qualified individuals to apply for teaching roles across…