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The Jigawa State Government has allocated N1 billion to purchase a 10 percent stake in the Kano Electricity Distribution Company (KEDCO). Sagir Musa, the Commissioner for Information, Youths, Sports, and Culture, announced the approval of […]

Caverton Offshore Support Group, the first fully integrated offshore support company in Sub-Saharan Africa, experienced a significant increase in prepayments in the nine months of 2024, primarily driven by rent and medical prepayments. Prepayment, as […]

Imagine investing N100,000 in an investment vehicle on January 1, 2024. Now, fast forward to December 30, what does that initial investment look like? BusinessDay breaks down the numbers and highlights the performance of the […]

The Connected Awards, a platform that recognizes and celebrates tech professionals, has certified 90 individuals across diverse regions and categories in 2024. In a statement, the organization highlighted that this milestone marks a new chapter […]

Julius Berger Nigeria reported an after-tax profit of N12.3 billion for the first nine months of 2024, up from N9 billion in the same period the previous year. The company’s revenue increased by 21 percent […]

Ardova Plc and Dangote Refinery have entered into a bulk purchase framework to ensure supply security at affordable prices for customers. Under this agreement, Ardova Plc will purchase a variety of petroleum products from the […]

Imagine investing N100,000 in various assets at the start of 2024 and seeing how they perform by December 30. BusinessDay analyzes the performance of the investments and the factors influencing their growth or decline. 1. […]

Nigerians, especially youths, are being encouraged to focus on their spending priorities, diversify their income sources, and automate their investments in order to build generational and sustainable wealth in the coming year. Reni Odetoyinbo, CEO […]

Aradel Holdings Plc (Aradel), an integrated energy company operating in upstream, midstream, downstream, power, and renewables, experienced a significant growth in after-tax profit to N110.6 billion in the nine months of 2024, according to BusinessDay […]

Seinde Fadeni, the Chairman of Nigerian Aviation Handling Company Plc, announced the launch of a new five-year growth plan aiming to achieve N300 billion in revenue. The company unveiled this plan at a recent event […]