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Kreston Pedabo has released a guide on the new IFRS 18 financial reporting standard, helping companies prepare for significant changes. This initiative aims to streamline financial reporting practices in Nigeria.
SAHCO PLC has reported a revenue of N44.46 billion for 2025, driven by increased passenger and cargo traffic. The company attributes this growth to enhanced operational efficiency and ongoing investments.
The article is part of the BD Sunday edition for June 21, 2026. It likely contains various business insights and updates relevant to the Nigerian market.
Air Peace has received approval from Brazil's National Civil Aviation Agency to operate international flights. The airline is preparing to launch routes to Toronto, New York, and Guangzhou.
Aliko Dangote expresses his desire to be remembered for transforming Africa through industrialization rather than just his wealth. He hints at being richer than the reported $38 billion.
Air Peace Limited has received approval from Brazil's National Civil Aviation Agency to operate flights to São Paulo. This marks a significant expansion for Nigeria's leading airline into the Brazilian market.
The European Union and Nigeria will hold the 10th Nigeria–EU Business Forum in Lagos on June 25, 2026. This event aims to align business interests between Europe and Nigeria.
Countryside Group has appointed social media influencer Fakepoco as its new brand ambassador. The signing ceremony took place at the company's head office in Nigeria.
The betting industry is urged to integrate player protection into core business strategies rather than treating it as a separate compliance issue. This shift emphasizes the importance of prioritizing player safety in business models.
Industrial & Medical Gases (IMG) Nigeria Plc has doubled its shareholders' equity to N11.84 billion and distributed N365.5 million in dividends. This positive performance comes despite a challenging business environment.
Nigeria has launched an air cargo route to East and Southern Africa in collaboration with RwandAir. This initiative aims to reduce export freight costs significantly.
Aradel Holdings Plc has announced a remarkable 192% increase in profit for 2025, attributed to successful acquisitions and rising sales. This significant growth highlights the company's strong market performance and strategic business decisions.
Sierra Leone has signed a $225 million offshore oil exploration agreement with Nigeria's Marginal Energy Limited. This deal is expected to boost the country's oil production capabilities.
MAGGI held discussions with stakeholders to enhance understanding of food quality and safety on World Food Safety Day. The initiative aims to strengthen the value chain and promote better food practices.
Ripple has made a strategic investment in Flutterwave's Series E funding to enhance stablecoin payment solutions across Africa. This partnership aims to strengthen the continent's payment infrastructure and promote digital finance.
Olusola Oyewole's investment philosophy emphasizes creating a meaningful life beyond just accumulating wealth. His upcoming book discusses building a fulfilling and impactful life through thoughtful investments.
Festus Keyamo and Jumoke Oduwole have launched RwandaAir's inaugural cargo service on the Nigeria-East/Southern Africa route. This development is expected to enhance trade and connectivity between Nigeria and the region.
Dangote refinery has lowered the price of jet fuel to N1,450 per litre, following a recent reduction in petrol prices. This move is expected to positively impact the aviation sector in Nigeria.
Gen-Z entrepreneurs are rapidly launching innovative businesses, leveraging technology and evolving work patterns. This trend is creating new opportunities and empowering the younger generation in the entrepreneurial landscape.
Efforts are being made to enhance estate surveying and valuation practices in Nigeria, recognizing their importance in the land economy. This initiative aims to empower certified professionals in the field.
Nigeria has partnered with RwandAir to enhance the regional cargo network under the AfCFTA. This collaboration aims to improve air cargo connectivity between Nigeria and East and Southern Africa.
TVS Motor Company is expanding its operations in Nigeria with a diverse range of products and an improved network. This move is expected to strengthen its market presence significantly.
Geely Galaxy has officially launched its electric vehicles in Nigeria, marking its entry into the market. This move is part of a strategic partnership with TIM Motors to promote new-energy vehicles.
The Jetour X90 Plus is setting new standards for family vehicles in Nigeria, focusing on space and safety. Its emergence in the competitive SUV market highlights the growing demand for comfort and value among consumers.
Mitsubishi Motors celebrates the one-year anniversary of its L200 pickup in Nigeria. Massilia Motors, the sole distributor, highlights the vehicle's success in the local market.
Nigerian football viewing centres are facing significant challenges as they contend with high fuel prices and expensive pay-TV subscriptions. The rise of mobile streaming services is further threatening their survival in the market.
SAHCO is committed to enhancing trade and cargo connections between Nigeria and the UAE. The company is also looking to form partnerships with Middle East Airlines to facilitate this initiative.
TikToker Linda Cyril discusses the challenges influencers face in maintaining brand partnerships. She shares insights from her own experiences in the industry.
Skyway Aviation Handling Company (SAHCO) PLC plans to expand into the UAE and African markets following significant financial growth in 2025. This strategic move aims to enhance its operational footprint and capitalize on emerging opportunities.
Reckitt Nigeria has announced new appointments for non-executive Board directors following the passing of its former Chairman, Chief Michael Olumuyiwa Falomo. His leadership was pivotal in the company's growth and governance over the years.