May & Baker Hits N33.9bn Revenue, Aims for N42.3bn in 2026

May & Baker Nigeria Plc reported a 32% revenue surge to N33.9 billion in 2025, driven by forex stability and market expansion. The company targets N42.3 billion for 2026, despite challenges like rising API costs and high interest rates.

Ashimolowo Launches Sports Estate with EPL Streets in Lagos

Pastor Mathew Ashimolowo has launched a new estate in Lagos, featuring 14 streets named after English Premier League clubs. The development aims to address Nigeria's housing deficit while promoting community through sports-themed design.

Daily Economy Launches Insurance Book for 2nd Anniversary

Daily Economy Concept celebrates its second anniversary by launching 'Trends in Nigeria’s Insurance Industry (2005–2025) & Selected Insurance Icons' on March 31, 2026, featuring key industry leaders and insights into two decades of sector evolution.

Rite Foods Expands Water Day Campaign in Lagos

Rite Foods Limited has significantly expanded its World Water Day initiative, distributing chilled Bigi Premium Table Water to over 3,000 essential workers across Lagos. The campaign emphasized the 2026 theme 'Where Water Flows, Equality Grows' by providi

Petrol Prices Unchanged Despite Dangote's N70 Cut

Filling stations in Lagos, including NNPC outlets, continue selling petrol at N1,310-N1,330 per litre despite Dangote Refinery's N70 price reduction. Marketers cite existing high-cost inventory as reason for delayed adjustment.

Esso Opens Permanent Shore Base at LADOL in Lagos

ExxonMobil affiliate Esso Exploration and Production Nigeria Limited has launched a permanent Shore Base facility at LADOL, enhancing deepwater logistics and supporting Nigeria's oil sector growth.

DANO Renews Funke Akindele as Brand Ambassador

DANO Milk has renewed its brand ambassador partnership with award-winning Nollywood actress Funke Akindele, citing shared values of quality and family nourishment. The announcement coincides with the launch of Cool Cow Yoghurt, expanding the dairy portfol

Makoko Demolition: Truth vs. Misleading Narratives in Lagos

Amidst emotional debates over Makoko's proposed demolition, this article examines the Lagos State government's urban reform efforts, highlighting the risks of informal settlements and the imperative for balanced, fact-based public discourse.

Esso Celebrates 20 Years of Erha Field Oil Production

Esso Exploration and Production Nigeria Limited commemorates two decades of first oil from the Erha Field, highlighting over 800 million barrels produced, $22 billion in taxes, and significant contributions to Nigeria's deepwater sector and economy.

Aiyedatiwa, Mimiko Push for Better Farmer Funding and Technology

Ondo State Governor Lucky Aiyedatiwa and former Governor Olusegun Mimiko called for enhanced funding and mechanized technologies for farmers at a REFILS workshop in Ibadan, emphasizing the need to combat food insecurity through innovation and climate resi

TOICE 2026 Set for November 25, Boosting Tourism Sector

The Tour Operators International Conference & Expo (TOICE) 2026 is set for November 25, aiming to unite African and global tourism professionals for knowledge sharing and business growth, with recent visits to key supporters like Passport Monie highlighti

ATHCON Conference to Align Tourism with Global Practices

The Association of Tourism and Hospitality Consultants of Nigeria (ATHCON) will host its 2026 conference in Lagos, focusing on growth, sustainability, and innovation to elevate Nigeria's tourism sector in line with global standards.

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