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Business

Home Business Page 24
Uyo Airport is upgraded to international status by FG
Posted inBusiness

Uyo Airport is upgraded to international status by FG

The Victor Attah International Airport in Uyo can now accept and handle international travelers after the Federal Government classified it as an international airport. Festus Keyamo, the Minister of Aviation…
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Posted by Taiwo Ayomide November 28, 2025
Lokpobiri said the Energy Bank is prepared for commissioning.
Posted inBusiness

Lokpobiri said the Energy Bank is prepared for commissioning.

The completion of the corporate headquarters of the African Energy Bank (AEB) in Abuja has pleased Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil). He said during…
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Posted by Taiwo Ayomide November 28, 2025
Nigeria’s loan from the AfDB reached $5.1 billion.
Posted inBusiness

Nigeria’s loan from the AfDB reached $5.1 billion.

The Federal Government of Nigeria has received a new $500 million loan from the African Development Bank Group, increasing the Bank's total active financial commitment to the nation to $5.1…
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Posted by Taiwo Ayomide November 28, 2025
Sanwo-Olu Proposes an N4.237 Trillion Budget for 2026
Posted inBusiness

Sanwo-Olu Proposes an N4.237 Trillion Budget for 2026

Babajide Sanwo-Olu, the governor of Lagos State, submitted an N4.237 trillion budget proposal for the 2026 fiscal year to the Lagos State House of Assembly yesterday for review and potential…
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Posted by Taiwo Ayomide November 26, 2025
In order to resolve passenger refunds, FG may pursue Dana Air assets.
Posted inBusiness

In order to resolve passenger refunds, FG may pursue Dana Air assets.

Festus Keyamo, the Minister of Aviation and Aerospace Development, has disclosed that the federal government may pursue Dana Air's assets in order to reimburse passengers, airline travel brokers, and other…
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Posted by Taiwo Ayomide November 26, 2025
OPay Receives Two Awards for Outstanding Organizational Performance
Posted inBusiness

OPay Receives Two Awards for Outstanding Organizational Performance

OPay, a financial technology company based in Nigeria, has received two significant awards for its organizational performance in risk management, compliance, and financial crime prevention and governance. These honors were…
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Posted by Taiwo Ayomide November 26, 2025
FirstBank Uses Corporate Governance to Promote Sustainability
Posted inBusiness

FirstBank Uses Corporate Governance to Promote Sustainability

In an effort to promote sustainability and enhance long-term ambitions in the banking industry, FirstBank has stepped up its push for ethical development. During the 2025 CFA Society Nigeria Universities…
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Posted by Taiwo Ayomide November 26, 2025
Dangote and Honeywell International Collaborate to Upgrade the Refinery to 1.4 Mbpd
Posted inBusiness

Dangote and Honeywell International Collaborate to Upgrade the Refinery to 1.4 Mbpd

The Dangote Group announced yesterday that it has partnered strategically with Honeywell International Inc. to support the Dangote Petroleum Refinery's upcoming growth phase. 00:07/03:11 10 seconds By 2028, the refinery…
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Posted by Taiwo Ayomide November 26, 2025
With new flights, United Nigeria and Umza y the competition on the Ilorin route.
Posted inBusiness

With new flights, United Nigeria and Umza y the competition on the Ilorin route.

Two new domestic carriers have launched flying operations to General Tunde Idiagbon International Airport, Ilorin, so travelers from Lagos and Abuja may soon be able to breathe easier. Umza Air…
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Posted by Taiwo Ayomide November 26, 2025
Explainer: The Significance of Nigeria’s Capital Market Transition to T+2
Posted inBusiness

Explainer: The Significance of Nigeria’s Capital Market Transition to T+2

The Nigerian Capital Market will formally switch to a T+2 Settlement Cycle on Friday, November 28, 2025, barring last-minute adjustments. The market currently uses a T+3 Settlement Cycle, in which…
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Posted by Taiwo Ayomide November 26, 2025

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