Business & Economy - Page 19

Minister says advertising now shapes culture, democracy and economic growth as ARCON calls for a new regulatory compact built on platforms, people and collaboration. Nigeria’s advertising industry is undergoing one of its most profound philosophical shifts in decades, with regulators and government leaders increasingly

Senior global investment bankers from Goldman Sachs International undertook a comprehensive inspection of Dangote Industries Limited’s integrated petroleum refinery, petrochemicals, and fertilizer facility in Lekki, Lagos, on Wednesday, August 5, 2026. ​The delegation was headed by Anthony Gutman, Co-Chief Executive Officer of

By Ebere Melum-Nwogbo The World Bank Group has announced the 31-month debarments of United Aviation Services Limited (UNASEL), a transportation services company based in Nigeria, and Air Vice Marshal Alkali Mamu, its owner and president, “in connection with fraudulent practices under the

The Owerri Chamber of Commerce, Industry, Mines and Agriculture (OCCIMA), led by its President, Chief Charles Okeke, paid a courtesy visit to the Imo State Internal Revenue Service (IIRS). They were received by the Executive Chairman of IIRS, Justice R. Okoye (FCA).

The Bank of Industry, through BOI Financing SPV Plc, has opened subscriptions for its inaugural Series 1 Fixed Rate Bond worth up to N250bn under its $1bn multi-currency instruments programme, seeking to raise long-term capital to finance businesses across Nigeria’s priority sectors.

Nigeria could gain an estimated $2.5 billion in additional public revenue annually if a proposed United Nations-backed overhaul of global corporate taxation is adopted. The proposal seeks to ensure that multinational companies pay taxes in countries where they conduct significant economic activities,

A growing debate over Africa’s energy future has emerged following a clash between the Energy Week Petroleum Conference (EWPC) and Africa Energy Week (AEW) over competing approaches to the continent’s energy development. The disagreement has drawn attention to questions about who should

Billionaire investor and Group Chairman of First HoldCo Plc, Femi Otedola, has declared his intention to acquire a controlling stake of over 51% in the financial services conglomerate, reinforcing his long-term commitment to Nigeria’s oldest banking group. ​The announcement follows a series

Leadership transition brings one of Nigeria’s foremost economists to the helm as Cadbury strengthens governance amid a changing consumer goods landscape. Cadbury Nigeria Plc has appointed renowned economist and public policy expert Dr. Doyin Salami as Chairman of its Board of Directors, following the

Improved operational efficiency, stronger asset performance and an ambitious drilling programme position the indigenous energy giant for its next phase of expansion. Oando Plc has reported a robust operational and financial performance for the first half of 2026, underscoring the growing competitiveness of Nigeria’s