Global ride-hailing company Uber has ended its 12-year operation in Nigeria, announcing that its services would be wound down from September 2, 2026.

Crude oil prices surged as renewed US-Iran attacks intensified concerns over the Strait of Hormuz and the security of Middle Eastern oil shipments.

Billionaire businessman Femi Otedola has raised his stake in First HoldCo Plc to 27.70 per cent after spending N273.59bn on a series of share purchases, bringing him closer to the 30 per cent threshold that triggers a mandatory takeover offer under Nigeria’s capital market rules.

PenCom says 200,505 out of 219,316 registered Personal Pension Plan accounts remained unfunded as of the first quarter of 2026.

LAGOS — Dangote Cement is considering buying its own ships after encountering difficulties securing vessels to transport cement from Nigeria to other West African countries. The company’s head of international

A group of major energy and investment companies is weighing a potential acquisition of Shell’s US chemicals operations in a transaction that could be worth up to $8 billion. ExxonMobil

Nigeria’s leading brewing companies are facing a fresh squeeze from higher tax expenses and escalating energy and logistics costs, increasing the possibility of further beer price increases. Nigerian Breweries, Guinness

Former Minister of Education Oby Ezekwesili has given the Bola Tinubu administration credit for making progress on macroeconomic stability, particularly through what she described as adherence to market principles in

Geregu Power Plc Chairman Abdulaziz Yari has attributed the company’s recent bond default to arrangements made under its former ownership and management, led by Femi Otedola and former Chief Executive

The removal of petrol subsidy saved Nigeria N15.8 trillion between June 2023 and December 2025, Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said. Oyedele disclosed