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Business

Aliko Dangote Retires as Chairman of Dangote Sugar After 20 Years

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Aliko Dangote, Africa’s richest man, is stepping down as Chairman of Dangote Sugar Refinery Plc, ending two decades of leadership that...
Business

Oshiomhole Denies Disrupting Airport, Accuses Air Peace of Extortion and Double Standards

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Senator Adams Oshiomhole has denied allegations that he disrupted airport operations at Lagos’ Murtala Muhammed Airport, claiming instead that he stood up...
Business

Air Peace Accuses Senator Oshiomhole of Assault and Disrupting Airport Operations

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Nigerian airline, Air Peace, has condemned what it described as the “unruly conduct” of Senator Adams Oshiomhole, following an incident that disrupted...
Business

Mohammed Abacha Escalates Malabu Oil Battle to Supreme Court in Bid to Reclaim Controversial Asset

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Mohammed Abacha, son of the late military Head of State, General Sani Abacha, has initiated legal proceedings to appeal a recent...
Business

Dangote Names Refinery Road After Tinubu, Hailing President’s Role in Mega Project

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Africa’s richest man, Aliko Dangote, has named the main access road to the Dangote Refinery after President Bola Tinubu, describing the Nigerian...
Business

Tesla Shares Plunge 14% as Musk-Trump Feud Sparks $150 Billion Wipeout

Jackson Kachi | Senior News Editor -
NEW YORK, U.S.A. — Tesla Inc. shares plummeted by over 14 percent on Thursday, June 5, 2025, as escalating tensions between CEO Elon Musk...
Business

Customs Grounds 60 Private Jets Over Unpaid Duties, Sparks Lobbying and Security Concerns

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Federal Government, through the Nigeria Customs Service (NCS), has grounded approximately 60 private jets across major Nigerian airports as part...
Business

Governor Adeleke, Davido, and Billionaire Father Adedeji Visit President Tinubu

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Governor Ademola Adeleke of Osun State and his elder brother, Adedeji Adeleke, a prominent Nigerian businessman, visited President Bola Tinubu at...
Business

Microsoft Lays Off Over 300 Staff in Fresh Round of Job Cuts

Jackson Kachi | Senior News Editor -
REDMOND, USA — Microsoft has laid off more than 300 employees as part of a fresh wave of job cuts, marking the latest in...
Business

Dangote Says Nigerians Pay Half the Petrol Price of West African Neighbours

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Aliko Dangote, President of the Dangote Group, has revealed that Nigerians are currently paying only 55 per cent of what citizens...
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