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Business
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Nigerian Senate Approves Lafarge Africa Acquisition by Huaxin with Regulatory Caveats
The Nigerian Senate has approved the sale of Lafarge Africa Plc to Hainan Huaxin Pan-African Investment Company, citing no national security risks while demanding strict regulatory oversight.
CAC Sets August 2026 Deadline for Business Letterhead Compliance
The Corporate Affairs Commission has announced that all businesses must update their letterheads to include specific director information and registration details by August 1, 2026, or face penalties.
NAICOM Urges Nigerian Insurers Association to Restore Public Confidence
NAICOM Commissioner Olusegun Ayo Omosehin has tasked the new NIA leadership with restoring public trust and expanding insurance penetration following recent legislative and capital reforms.
Corporate Affairs Commission mandates letterhead disclosures starting August 1
The CAC will enforce strict reporting requirements for company letterheads starting August 1, 2026, requiring firms to include registration details and specific director information to avoid sanctions.
APM Terminals Nigeria Advocates for Seaports as Hubs for Sustainable Transport
APM Terminals Nigeria advocates for making seaports the foundation of a sustainable national transport network, citing modernization and electrification as key to future growth.
Will Companies Accommodate Fans During England’s Late-Night World Cup Match?
As England prepares for a 1:00 AM World Cup match, businesses are weighing the benefits of offering flexible start times against the operational realities of the following workday.
MTN Nigeria CEO Karl Toriola Reaffirms Firm’s Local Roots and Defends Tariff Hikes
MTN Nigeria CEO Karl Toriola dismisses claims that the company is purely foreign, highlighting its deep local ownership and explaining that recent tariff hikes were necessary to ensure operational survival and infrastructure growth.
Mastercard Report Finds 81% of Nigerian Small Businesses Optimistic About Future Growth
A new report from Mastercard indicates that 81% of Nigerian small business owners are optimistic about the upcoming year, fueled by a strong emphasis on digital payment adoption and strategic growth planning.
Dangote Refinery Reduces Petrol Price to ₦1,075, Allows Open Access to Marketers
Dangote Refinery has dropped its petrol price to ₦1,075 per litre and removed restrictions on who can purchase its product, aiming to boost market competition and supply availability.
Honeywell Group Secures 14% Ownership in Ikeja Hotel
Honeywell Group Limited has purchased a 14.12 percent stake in Ikeja Hotel Plc through its affiliate, HGL Real Estate Limited.