Business

The Association of Issuing Houses of Nigeria credited domestic corporate resilience for maintaining merger, acquisition and debt market activity despite economic pressures. Association President Kemi Awodei told the organization’s Investment Banking Awards ceremony in Lagos that companies continued raising capital and pursuing strategic partnerships through difficult conditions. The gathering recognized outstanding performance among issuing houses…

The Petroleum Technology Association of Nigeria has joined Shell, TotalEnergies and ExxonMobil in backing government efforts to increase national crude output by one million barrels per day. Industry leaders gathered at a London investment forum organized by the Nigerian Upstream Petroleum Regulatory Commission to examine financing opportunities and operational partnerships needed to reach production targets….

Nigerian Bottling Company has strengthened its support for female professional advancement through collaboration with Women in Management, Business, and Public Service at the organization’s annual gathering held at Eko Hotels and Suites in Victoria Island, Lagos. The conference centered on leadership development themes related to ambition, vulnerability, and purpose. Oluwasoromidayo George, who directs corporate affairs…

Lagos State completed bookbuilding for bond offerings that drew investor commitments far exceeding available amounts, with a conventional issuance reaching N308 billion against a N200 billion target and a climate-focused instrument securing N28.7 billion compared with its N14.8 billion size. Governor Babajide Sanwo-Olu attributed the strong demand to international faith in Nigerian economic conditions shaped…

President Bola Ahmed Tinubu identified investment opportunities across airport infrastructure, aircraft leasing, maintenance operations, and training programs while urging aviation stakeholders to pursue collaboration with private sector partners. Speaking through Secretary to the Government George Akume at the FAAN National Aviation Conference in Lagos, Tinubu described Nigeria as holding untapped potential within Africa’s aviation markets,…

President Bola Ahmed Tinubu warned that Africa cannot reach industrial capacity or compete globally while operating through disconnected markets separated by inefficient borders. Speaking through Vice President Kashim Shettima at the Customs Partnership for African Cooperation in Trade conference in Abuja, Tinubu argued that seamless integration and modernized administrative systems remain essential for unlocking continental…

Nigeria’s commerce with African nations surged to N4.82 trillion during the opening half of 2025, marking a substantial increase over the N600 billion from the comparable period. Comptroller-General Bashir Adewale Adeniyi shared these figures at the Customs Partnership for African Cooperation in Trade gathering held in Abuja, describing the expansion as evidence of accelerating regional…

Exel by Merak and Saudi Bridge have finalized an agreement to assist international gaming firms joining the Exel Gaming Accelerator program as they establish operations within Saudi Arabia. The collaboration aims to position the kingdom as a central location for digital gaming development and entrepreneurship across the region. Faisal Sedrani from Exel and Fahad Alqahtani…

Ooredoo has introduced a business communication package in Qatar that combines high-speed fiber connectivity, cloud-based telephony, and automated call greeting systems for startups and small enterprises. The service, branded as Office, provides internet access at 200Mbps or 800Mbps alongside hosted phone infrastructure and hardware that enables staff to handle landline calls remotely through mobile applications….

EDGE Group and L3Harris Technologies have formalized a preliminary agreement to enhance defense cooperation in the United Arab Emirates. The memorandum establishes a foundation for joint development of artificial intelligence and autonomous systems while positioning L3Harris for expanded Middle East operations. Both organizations will collaborate on national and regional defense projects, with research efforts centered…