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Businessfront Over 50 Nigeria

Legacy of the week

Only 2% of businesses make it past 20 years; these made it to 50+ years.

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Founded 1961 · 65 years

Nestlé Nigeria Plc

FMCG · Lagos, Nigeria

Nestlé Nigeria Plc is a cornerstone of Nigeria’s food and beverage industry, delivering nutrition, health, and wellness for over six decades since its founding in 1961. As a subsidiary of…

Top Stories


The rise of AFC, the African financier behind some of the continent’s biggest projects

Africa Finance Corporation has quietly become a major force behind the continent’s biggest infrastructure projects, helping finance and mobilise capital for projects from the Lobito Corridor to Nigeria’s Dangote refinery.

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Ghana’s electricity sector is improving, but privatisation remains a priority

Ghana’s government is pushing ahead with private-sector participation in electricity distribution despite improvements at state-owned ECG, raising questions over why privatisation remains central to its power-sector reform agenda.

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Lawsuit, land grab dispute: Dangote’s $16 billion refinery faces first real setback in Lamu, Kenya

Aliko Dangote’s Lamu refinery has hit its first major hurdle after a Kenyan court halted activity on disputed land as residents challenge their eviction. The president backs the project, but the legal battle could delay construction.

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Nearly three years after completion, Angola’s $3.8 billion mega airport sits largely idle

Angola’s $3.8 billion new airport was meant to transform Luanda into a regional aviation hub. Nearly three years on, sparse flights and limited passenger traffic raise questions about whether the grand project can still deliver on its promise.

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Eventhive

Indigenous Oil & Gas Players to Convene at 6th Edition of Nigeria Oil & Gas Outlook in Lagos

Eventhive, Africa’s leading B2B event servicing company with a strong…

Nigeria's oil and gas outlook 2026
BY
Bitnob

Built for the World’s Hardest Payment Markets, Bitnob Expands Its Infrastructure Platform for Global Businesses

Most financial infrastructure was built in markets where payments already…

BY
Fuelmtrics Limited

Eterna Plc Launches Self-Service Fuel Stations in Partnership with Fuelmetrics Limited

Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…

Eterna Managing Director/CEO, Olumide Adeosun, unveils self-service fuel terminal
BY
Bujeti

Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

Bujeti launches Tax Management product || Image source:
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Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

Cardtonic card
BY
Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Credit Direct (1)
BY
Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield
BY
Rana Energy

Rana Energy Fuels Africa’s Clean Energy Revolution with $3M Pre-Seed for AI-Powered Digital Utility

Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…

BY
Schneider Electric

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads

Schneider Electric, the leader in the digital transformation of energy…

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads
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All-On

All-On canvases increased funding of renewable energy projects

Lagos, Nigeria – August 26, 2025 – All On, a Shell-funded…

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BY
Eventhive

Indigenous Oil & Gas Players to Convene at 6th Edition of Nigeria Oil & Gas Outlook in Lagos

Eventhive, Africa’s leading B2B event servicing company with a strong…

Nigeria's oil and gas outlook 2026
BY
Bitnob

Built for the World’s Hardest Payment Markets, Bitnob Expands Its Infrastructure Platform for Global Businesses

Most financial infrastructure was built in markets where payments already…

BY
Fuelmtrics Limited

Eterna Plc Launches Self-Service Fuel Stations in Partnership with Fuelmetrics Limited

Eterna Plc and Fuelmetrics launch self-service fuel stations in Nigeria,…

Eterna Managing Director/CEO, Olumide Adeosun, unveils self-service fuel terminal
BY
Bujeti

Bujeti launches tax management tool to drive compliance for Nigerian businesses

Y Combinator-backed fintech Bujeti has launched a tax management product…

Bujeti launches Tax Management product || Image source:
BY
Cardtonic

Cardtonic Introduces Platinum Card to Unlock Global Contactless Payments for Everyday Users

Planning to make contactless payments? Cardtonic Introduces Platinum Card to…

Cardtonic card
BY
Credit Direct by FCMB

Target Yield: A structured path to disciplined investing in Nigeria

Target Yield offers Nigerians a disciplined goal-driven investment structure with…

Credit Direct (1)
BY
Credit Direct by FCMB

Why more Nigerians are choosing Credit Direct to invest their money

In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

Credit Direct Yield
BY
Rana Energy

Rana Energy Fuels Africa’s Clean Energy Revolution with $3M Pre-Seed for AI-Powered Digital Utility

Rana Energy, an AI-powered Clean Energy-as-a-Service ecosystem, announced the successful…

BY
Schneider Electric

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads

Schneider Electric, the leader in the digital transformation of energy…

Schneider Electric Unveils Liquid Cooling Portfolio with Motivair Featuring Dedicated Solutions and Services for HPC and AI Workloads
BY
All-On

All-On canvases increased funding of renewable energy projects

Lagos, Nigeria – August 26, 2025 – All On, a Shell-funded…


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Other highlights


Uganda’s dispute with Türkiye could create an Africa-Europe economic tension

Once allies, Uganda and Türkiye’ relationship is turning sour. Uganda suspended military cooperation with Türkiye in September. Meanwhile, analysts believe the tension between the two nations may have a ripple effect across the continent.

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Can Aliko Dangote’s fortune be a playbook for Africa’s entrepreneurs?

Aliko Dangote’s fortune just topped $50 billion, twice his nearest rival’s. For many African entrepreneurs, that creates a blueprint. But replicating the outcome may be harder than copying the strategy.

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Nigeria’s foreign reserves cross $55 billion as diaspora remittances surge

Nigeria’s foreign exchange reserves have risen to $55.25 billion, their highest level in 18 years, as stronger diaspora remittances and an improved external position boost the country’s dollar buffer.

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Kenya, Uganda at loggerheads over fuel importation diversion scandal

Uganda’s President Yoweri Museveni has reignited a dispute with Kenya over fuel imports, accusing officials of using middlemen in the supply chain. The row is again raising questions over how Uganda buys fuel through Kenya.

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