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The African beverage industry is seeing increased investor interest, particularly in coffee, tea, and brewing sectors. This growth positions the continent as a promising market for consumer goods.
The Nigerian Senate has approved the sale of the third-largest cement producer, prompting concerns among lawmakers about transparency in the transaction. They are calling for full disclosure regarding the company's ownership structure.
MTN has reinstated its airtime lending service, bringing relief to millions of Nigerian customers. This decision ends weeks of regulatory uncertainty surrounding the service.
The Flight Dispatchers Association of Nigeria (FLIDAN) is set to host its 2026 Annual Conference focused on safety and efficiency in aviation. This event aims to bring together Nigeria's aviation experts to enhance the industry's standards.
International Breweries has initiated a share restructuring to tackle its accumulated financial losses. Following this announcement, shares in the company surged by 10 percent, reaching the maximum daily gain allowed.
Yusuff has developed a data-driven consulting model aimed at enhancing the efficiency of small and medium-sized enterprises in Nigeria. This initiative is designed to help SMEs compete better in a digital economy.
The Senate has approved the sale of Lafarge Africa Plc to Hainan Huaxin Pan-African Investment Company Plc. They emphasized the importance of strict regulatory compliance during the transaction.
Nigeria's Food Summit is focused on standardizing recipes and processes in the food industry. This initiative aims to leverage the growth of African cuisine and enhance its global appeal.
First Abu Dhabi Bank plans to seek a banking license in Nigeria, expanding its presence in Africa's largest economy. This move highlights the growing interest of Gulf banks in the Nigerian market.
African societies have long understood the importance of effective decision-making, predating modern business education. This article explores the timeless discipline of strategic choices in leadership.
Comedian Bovi suggests avoiding business with those who unequivocally favor Ronaldo over Messi. He emphasizes the importance of nuanced opinions in potential business partnerships.
JustMarkets has launched a new Web Terminal that enables clients to trade directly from their browsers. This platform features advanced tools and supports MT5 accounts, enhancing the trading experience.
The Africa Tourism Partners (ATP) have significantly improved intra-Africa travel and business connections over the past decade. Their initiatives through the African Tourism Leadership Forum (ATLF) have fostered greater exchanges across the continent.
Amplify 2026 will bring together over 1,000 creative entrepreneurs to discuss 'The Business of Live'. This event marks a significant opportunity for networking and collaboration in Nigeria's live event and production sector.
Labor unions are organizing protests against Volkswagen's plans to reduce jobs amid financial pressures. The situation highlights the challenges faced by the automotive industry in a competitive global market.
MTN Group and Telecel Group are set to bid for 5G licenses in Ghana as the government opens the process. This move highlights the growing interest in expanding telecommunications infrastructure in West Africa.
NAICOM has called on the Nigerian Insurers Association to work on restoring public confidence in the insurance sector. This comes as the industry undergoes significant transformation.
ExxonMobil is set to invest $1 billion in the Usan Infill Project offshore Nigeria, which is expected to enhance foreign direct investment in the country. This significant investment reflects confidence in Nigeria's oil sector and its potential for growth.
The African Bar Association has honored Dele Oye for his significant contributions to Nigeria's private sector with the 2026 Medal of Merit. This recognition highlights the importance of leadership in fostering economic growth in the country.
BusinessDay highlights significant developments in Nigeria's business landscape as of July 9, 2026. The report covers various sectors and their impact on the economy.
Premium and Trustfund have announced a significant merger as part of Nigeria's inaugural pension recapitalization agreement. This consolidation marks a pivotal moment in the country's pension industry amid an impending recapitalization deadline.
ipNX celebrated its employees' dedication and contributions at a long service awards ceremony. The event highlighted the importance of loyalty and leadership within the company.
A conference in Lagos focused on the impact of the creator economy and influencer marketing on the media landscape. Clients and content creators discussed evolving trends and strategies for adaptation.
APM Terminals Apapa has convened key stakeholders to tackle challenges in cargo clearance through the National Single Window. This initiative aims to streamline operations and enhance efficiency in the import sector.
Air Peace's evacuation flight from South Africa has been postponed due to a shattered windshield. The airline is working to dispatch a replacement aircraft for the operation.
The NUPRC has expressed support for ExxonMobil's $1 billion expansion plans in Nigeria. This endorsement comes alongside the awarding of PPLs to winners of the 2024 licensing round.
The Corporate Affairs Commission (CAC) will begin penalizing firms that do not comply with business letter regulations starting August 1. Non-compliant companies will face legal sanctions as part of the enforcement measures.
Aviation unions are threatening a strike over unresolved ticket levies, emphasizing that these charges are essential for ensuring safe air transportation. They argue that the funds are not for profit but necessary resources.
Kenyan President William Ruto has announced the groundbreaking date for the Dangote refinery in Kenya. This development marks a significant step towards enhancing the country's industrial capacity.
ExxonMobil's Nigerian subsidiary has launched a $1 billion deepwater initiative aimed at producing 40,000 barrels of oil daily. This project marks a significant investment in Nigeria's oil sector, enhancing production capabilities.