Battery blast ignites fire at Oyo mobile phone facility
A battery explosion at the Tecno Complex in Ibadan, Oyo State, led to a fire that was swiftly contained by fire services. No further damage was reported, ensuring safety at the facility.
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A battery explosion at the Tecno Complex in Ibadan, Oyo State, led to a fire that was swiftly contained by fire services. No further damage was reported, ensuring safety at the facility.
Mallam Ahmed Gobir has been re-elected as the president of Nigeria's Chartered Institute of Personnel Management (CIPM). The institute reported significant growth in membership and advancements in digital initiatives during his leadership.
ASHON Chairman Sehinde Adenagbe has praised CSCS PLC for implementing a T+1 settlement cycle, calling it a transformative development for Nigeria's capital market. He also urged brokers to enhance their liquidity management practices.
Governor Babajide Sanwo-Olu has assured investors that Lagos State will honor all investment agreements made during the Invest Lagos Summit 3.0. He emphasized the importance of monitoring these commitments for effective implementation.
Tony Elumelu has been appointed as the new Chairman of Seplat Energy, succeeding Brown, who is retiring. This leadership change marks a significant step in the company's expansion and governance continuity.
Candace Ebhomielen has launched Edo Vidia Homes & Park, marking her entry into the Edo real estate market. This development promises modern amenities and secure living, contributing to the ongoing growth in the sector.
Nigerian telecom operators have reimbursed over 75 million subscribers due to inadequate network service quality. This action follows a directive from the Nigerian Communications Commission (NCC).
Nigerian telecom operators have reimbursed over 75 million subscribers due to inadequate network service quality. This action follows a directive from the Nigerian Communications Commission (NCC).
The 15th edition of the Practical Nigerian Content forum is set to foster discussions on enhancing Nigeria's energy sector. This event aims to leverage domestic capacity for sustainable industrial growth.
Chief Dr. Akai Egwuonwu has been honored as Investor of the Year for his significant contributions to developing Anambra's rice brand. This recognition highlights the impact of local entrepreneurship on the state's agricultural sector.
The Corporate Trustees Association in Nigeria is discussing new regulatory reforms impacting trusteeship. The focus is on how corporate trustees are adapting to changes in recapitalization and tax to ensure compliance and protect investors.
China has expressed strong opposition to the US decision to blacklist major tech companies like Alibaba and Baidu, claiming it undermines fair competition. This move is seen as part of ongoing tensions between the two nations over technology and military concerns.
Guaranty Trust Holding Company (GTCO) has emerged as Nigeria's most admired bank, achieving significant financial success despite minimal lending activity. The bank closed 2025 with impressive figures, showcasing its unique business strategy.
Dangote Industries Limited has been named Africa's most admired brand for the eighth consecutive year. This recognition highlights the company's significant influence in the corporate sector across the continent.
Ahonsi Unuigbe is leading efforts to enhance value in Nigeria's energy, capital markets, and infrastructure sectors. His work at Petralon Energy and collaboration with NGX and Marconi.NG highlight a commitment to linking enterprise and governance.
Many organizations succeed with clear strategic priorities but struggle with execution. This highlights a significant gap that needs addressing for better performance.
A Nigerian bank is shifting its focus from profit to address critical challenges in the banking sector. This highlights the potential risks associated with silence in financial institutions.
Leaders must avoid the error of assuming that the future will mirror the present in today's dynamic business landscape. Emphasizing strategic foresight is essential for developing future markets.
Telecommunications companies in Nigeria have disputed a recent NBS report on foreign investment in the sector. They are calling for improved reporting standards to better reflect the true state of capital inflow.
The FCCPC has sealed the operational headquarters of PWAN Max Property and Business Solution Limited due to the non-allocation of 20 plots of land that were fully paid for by a subscriber. This action highlights ongoing issues in consumer protection within the real estate sector.
Energia Limited has appointed Tai Oshisanya as an Independent Non-Executive Director. This move highlights the company's commitment to strong corporate governance.
Payaza Africa Limited has received upgraded credit ratings from four agencies, indicating increased investor confidence. This development highlights the fintech company's strong financial standing.
Sahara Group Foundation has launched a recycling hub in Nasarawa, promoting its waste-to-wealth initiative in Northern Nigeria. This initiative aims to create income opportunities and enhance environmental sustainability in the region.
MTN Nigeria has defended its recent price increase, attributing it to financial challenges. The company also announced plans for a significant N1 trillion investment to expand its network by 2026.
TechnoServe is collaborating with millers to enhance Nigeria's food fortification initiatives. This engagement aims to improve nutritional quality and support public health efforts in the country.
Optiva Capital Partners is set to enhance its $7 billion assets through a collaboration with Red Media. This partnership aims to bolster their investment migration services and communications strategy.
The Transmission Company of Nigeria (TCN) has dismissed allegations of limitations in the transmission grid. They assert that the national grid can handle 8,700MW, which exceeds current demand.
Zedvance plans to triple its lending following a significant N120 billion disbursement to SMEs. This strategic shift aims to enhance support for small and medium enterprises in Nigeria.
BUA Group has denied any involvement in a viral AI-generated video featuring its Chairman, Abdulsamad Rabiu, promoting a fraudulent investment scheme. The company has issued a warning to the public regarding this misleading content.
Sycamore Integrated Solutions Limited has successfully issued N6.89 billion in Commercial Papers on the FMDQ Exchange. This move enhances their access to short-term capital, supporting their financial growth.