Tag: Nigeria

BusinessHot News

Ghana turns to Dangote refinery for fuel as Nigeria boosts regional

Nigeria’s Dangote Refinery will export fuel to Ghana, boosting West Africa’s energy supply and regional trade.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s cement battle heats up as Lafarge Africa plans plant expansions

Lafarge Africa plans to expand its Ashaka and Sagamu plants, lifting capacity to 13 million tonnes as competition with Dangote and BUA Cement intensifies.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s Aradel posts over $290 million profit in 2025 on energy expansion

Aradel Holdings posts $290 million profit in 2025, fueled by energy expansion and rising oil, gas, and refining revenue.

Omokolade Ajayi Omokolade Ajayi
VALOR HOSPITALITY
TourismBusiness

Valor hospitality expands into Nigeria, Senegal with $29.8 million investment

Valor Hospitality invests $29.8 million to expand into Nigeria and Senegal, marking a key move in West Africa’s growing hotel and tourism market.

Timilehin Adejumobi Timilehin Adejumobi
Hot NewsBusiness

Kenya turns to Nigeria for LPG in bid to lower cooking gas costs

Kenya imports 11,474 tonnes of LPG from Nigeria, easing cooking gas prices and boosting energy trade through the new Vipingo terminal.

Omokolade Ajayi Omokolade Ajayi
Nigerian artistes
EntertainmentHot News

Top 5 African countries dominating global music chart

Afrobeats, Amapiano, and highlife rhythms are no longer regional sounds—they're global exports reshaping the international music industry.

Oluwatosin Alao Oluwatosin Alao
Dangote Cement Factory
BusinessHot News

Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

Omokolade Ajayi Omokolade Ajayi
MTN
Hot NewsBusinessTechnology

South Africa becomes MTN’s biggest market as Nigeria revenue, earnings decline

The shift highlights the economic and regulatory pressures hampering telecom operations in Africa’s most populous country.

Omokolade Ajayi Omokolade Ajayi
Tems
EntertainmentExclusiveHot News

Tems’ 2025 dominance: 5 milestones Nigeria’s biggest artist has achieved this year

Her dominance isn’t just about streaming numbers—it’s about cultural impact, artistic evolution, and a relentless drive to push boundaries.

Omokolade Ajayi Omokolade Ajayi
Oba Okunade Sijuwade, the 50th Ooni of Ife
BusinessExclusive

Sijuwade royal family of Ife, one of Africa’s wealthiest, eyes first oil from one of its oil blocks

Today, the Sijuwade Group holds a 10 percent stake in OPL 276, an asset that is poised to begin production within the next 12 to 18 months.

Omokolade Ajayi Omokolade Ajayi
Dangote Cement
BusinessHot News

Dangote Cement falls to third place on Nigerian Exchange, losing nearly $1 billion in 48 hours

The reversal not only cost Dangote Cement its top position but relegated it to third place on the NGX, trailing behind Airtel Africa Plc and BUA Foods.

Omokolade Ajayi Omokolade Ajayi
Dangote Cement
ExclusiveBusiness

Dangote Cement loses $1 billion in value, remains Africa’s largest cement producer

Naira devaluation slashes Dangote Cement’s dollar valuation.

Omokolade Ajayi Omokolade Ajayi