Business

Waves of Innovation: How First Bank turned Lagos into Africa’s Electric Playground By Kazeem Ugbodaga   The Lagos Lagoon glistened in shades of blue and gold as electric powerboats sliced through the water, cheered on by an ecstatic crowd that lined Victoria Island’s waterfront from Saturday, 3 October to Sunday, ...

    Australian airline Qantas said Sunday that data from 5.7 million customers stolen in a major cyberattack this year had been shared online, part of a leak affecting dozens of firms.   Disney, Google, IKEA, Toyota, McDonald’s, and fellow airlines Air France and KLM are also reported to have ...

    Chartered engineer and founder of Tite Knox Pty Limited, Olaoluwa Dawodu, has said that the commencement of commercial operations at the Ekiti Agro-Allied International Cargo Airport will enhance commerce, tourism, and job creation across the state.   Dawodu, reacting to the Nigerian Civil Aviation Authority’s approval for the ...

    The Liquefied Petroleum Gas Retailers Association of Nigeria has said retailers should not be blamed for the current hike and scarcity of Liquefied Petroleum Gas, also known as cooking gas.   Mr Ayobami Olarinoye, Chairman of LPGAR under the Nigeria Union of Petroleum and Natural Gas Workers, said ...

      An Oyo State High Court 5 sitting in Ibadan, again, on Friday, extended ruling on applications filed by the United Bank for Africa Plc and other defendants in the suit instituted by the Attorney General of Osun State and one other person as claimants, till next Tuesday. ...

    Dangote Petroleum Refinery has dismissed reports claiming it imported finished petrol with high sulphur content into Nigeria, describing the allegations as false and misleading.   An online publication, Sahara Reporters, had alleged that the refinery was bringing in high-sulphur petrol from the United Kingdom aboard the vessel MT ...

    The Financial Reporting Council of Nigeria, the Securities and Exchange Commission, and other stakeholders have called for ethical governance at board levels as the nation faces multiple disruptions.   The call was made at the 20th anniversary corporate governance conference of the Society for Corporate Governance Nigeria on ...

    The Central Bank of Nigeria has reaffirmed its commitment to expanding financial inclusion and driving economic growth by promoting the adoption of alternative payment systems.   The apex bank expressed this commitment at a sensitisation exercise known as the ‘CBN Fair,’ held at the Dome Event Centre in ...

    The Central Bank of Nigeria has assured Nigerians that its ongoing policies and reforms are targeted at restoring price and monetary stability amid rising inflation and economic hardship.   Speaking at the CBN Fair in Uyo, Akwa Ibom State, on Tuesday, the CBN governor, Olayemi Cardoso, said some ...

      The Nigerian Railway Corporation generated N1.95 billion from transporting 929,553 passengers through the rail system in the first quarter of 2025, the National Bureau of Statistics has reported.   The figure is disclosed in the Rail Transportation Data Q1 2025, published by NBS on October 5 and ...