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Business

Money makes the world go round, learn about those who spin the wheel

Business

Nigerian Gov’t Takes 52 Kobo of Every Naira I Make From Cement Business, Dangote Reveals

Jackson Kachi | Senior News Editor -
JALINGO, Nigeria — Africa’s richest man, Aliko Dangote, revealed on Wednesday, May 21, 2025, that the federal government of Nigeria earns more revenue from...
Business

Aliko Dangote Named to TIME100 Inaugural Philanthropy List for 2025

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Aliko Dangote, Africa’s richest man and founder of the Dangote Group, has been named to the inaugural 2025 TIME100 Philanthropy list,...
Business

Petroleum Marketers Issues 21-Day Ultimatum to Soludo Over Alleged Harassment, Threaten Shutdown

Jackson Kachi | Senior News Editor -
AWKA, Nigeria — The Independent Petroleum Marketers Association of Nigeria (IPMAN), Anambra State Chapter, has issued a 21-working-day ultimatum to the state government, threatening...
Business

EEDC Cries Foul as Imo Government Demolishes Orlu Office Without Notice

Jackson Kachi | Senior News Editor -
ORLU, Nigeria — The Enugu Electricity Distribution Company (EEDC) has condemned what it described as a shocking and unprovoked demolition of its district office...
Business

Angry Businessman Files £990 Trillion Lawsuit Against CBN Governor, Others Over Alleged Rights Abuse

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Justice James Omotosho of the Federal High Court in Abuja has adjourned ruling to Wednesday June 4, 2025, on a preliminary...
Business

‘Only 2,000 People Downloaded a CBN Document’: Cardoso Says Nigerians Don’t Read

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called on Nigerians—particularly policymakers and stakeholders—to pay closer attention to critical...
Business

FG to Launch Pilot Overhaul of Two Failing DisCos in Nationwide Power Sector Reform

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Federal Government has unveiled plans to pilot a sweeping reform of the country’s electricity distribution sector, beginning with a major...
Business

Air Peace Flight Grounded After Colliding with Antelope on Runway

Jackson Kachi | Senior News Editor -
ASABA, Nigeria — An Air Peace aircraft was temporarily grounded on Saturday, May 10, 2025, after colliding with a large antelope on the runway...
Business

Bill Gates Slams Elon Musk’s Budget Slash as ‘Killing the World’s Poorest Children’

Ima Matthew | Sub Editor -
NEW YORK, USA - Billionaire philanthropist Bill Gates has sharply criticised fellow tech magnate Elon Musk, accusing him of endangering the lives of the...
Business

Gabon Confers Top National Honour on Tony Elumelu, Hailing His Impact Across Africa

Jackson Kachi | Senior News Editor -
LIBREVILLE, Gabon - Gabon’s President Brice Nguema has awarded Tony Elumelu, Chairman of United Bank for Africa (UBA) Plc and founder of the Tony...
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