Investment

Otedola: Banks sent ‘bewitching ladies’ to woo me for business

Otedola: Banks sent ‘bewitching ladies’ to woo me for business

Leave a Comment / Investment, Lifestyle, Relationships /

Billionaire philanthropist Femi Otedola has shared a revealing account of his rollercoaster journey in the oil and business world, focusing on how relationships with banks shifted drastically after his fortunes crashed. In excerpts from his upcoming memoir, Making It Big: Lessons from a Life in Business—due on August 18, 2025—Otedola detailed how, during his peak

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Egusi Goes to Space as Nigerian Melon Seeds Join Global Research Mission

Egusi goes to space as Nigerian melon seeds join global research mission

Leave a Comment / Career & Growth, Investment, News /

In a groundbreaking move for Nigerian agriculture and scientific innovation, egusi (melon seeds), a staple in Nigerian cuisine, have become part of a global space research mission. The seeds were selected for their nutritional and agricultural potential and are now part of a study examining how different crops respond to space conditions. The initiative is

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Banks’ deposits with CBN soar 783% to N79.8trn

Banks’ deposits with CBN soar 783% to N79.8trn

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Commercial banks’ deposits with the Central Bank of Nigeria (CBN) have surged by a staggering 783% year-on-year, reaching an all-time high of ₦79.8 trillion as of June 2025, according to data obtained from the apex bank. This significant increase represents a sharp rise from the ₦9.04 trillion recorded in the same period in 2024. Analysts

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Dangote Sugar Reports N430.2 Billion Half-Year Revenue, with NBC Contributing N63 Billion

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Dangote Sugar Reports N430.2 Billion Half-Year Revenue, with NBC Contributing N63 Billion Dangote Sugar Plc disclosed that sales to the Nigerian Bottling Company (NBC) accounted for 31.74% of its Q2 2025 revenue, contributing over N63 billion from the Lagos region, its top market. The company reported strong Q2 revenue of N216.2 billion, up 25% from

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How Nigeria Planted the Seed for Pulkit Jain’s Billion-Dollar Business

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How Nigeria Planted the Seed for Pulkit Jain’s Billion-Dollar Business Pulkit, the company’s founder, saw an opportunity in Nigeria’s rice industry.“Nigeria has the largest population in Africa, and it’s a population that eats rice,” he says. At the time, local rice production was minimal, and only a few companies were involved. Recognising the government’s push

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UK firms explore investment prospects in Nigeria

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UK firms explore investment prospects in Nigeria British companies are increasingly eyeing Nigeria as a top investment destination, signaling renewed confidence in Africa’s largest economy despite its ongoing structural challenges. A delegation of top UK investors, representing sectors like infrastructure, fintech, agriculture, healthcare, and renewable energy, recently visited Abuja and Lagos to engage with Nigerian

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