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Signature Bank reported a profit after tax of ₦3.59 billion for 2025, showcasing significant growth amid economic challenges. This performance highlights the bank's resilience and effective management strategies.
UBA has launched an Innovation Hub and Business Office at UNILAG, enhancing its ties with the academic sector. This initiative aims to foster innovation and empower the youth in Nigeria.
Insurance companies will reject claims from policyholders who do not link their National Identity Number (NIN) by the April 30, 2026 deadline. This move emphasizes the importance of compliance with regulatory directives in the insurance sector.
Garba Mohammed of The Alternative Bank emphasizes that adhering to principles has given the bank a competitive edge. He outlines the bank's strategy to enhance its operations while maintaining these core values.
The article from BusinessDay discusses various topics relevant to the Nigerian business landscape. It highlights trends and developments that could impact the economy moving forward.
The Southeast Development Commission has introduced a $500,000 venture capital programme to aid young entrepreneurs in the region. This initiative focuses on equity investment to foster startup growth in the Southeast.
Loma Bank has partnered with Liberty Hub to enhance digital finance access for over 11,000 SMEs in Nigeria. This initiative aims to support entrepreneurs by providing embedded finance solutions.
The LCFE has called on commodities brokers to enhance product generation and packaging. This initiative aims to strengthen Nigeria's commodities market and improve Africa's global positioning.
Jumia Nigeria marks its 14th anniversary by enhancing e-commerce access for all income levels. The company is launching new initiatives aimed at improving affordability and customer experience.
The NCAA has temporarily halted its 'No-pay, No-service' directive aimed at airlines to ensure stability in the industry. This decision is expected to provide relief to airline operators during challenging times.
Consolidated Hallmark Holdings Plc is set to embrace the NIIRA 2025 reforms, utilizing its robust capital and diverse revenue streams. The company's chairman expressed confidence in their readiness for these changes.
Oando's CEO Wale Tinubu highlights a rising demand for hydrocarbons driven by global instability and energy security concerns. This shift is influencing the energy transition landscape significantly.
Sycamore, a financial services company in Lagos, has received a microfinance bank licence from the CBN. This will enable them to offer deposit accounts and faster payment services.
Dettol Cool has launched #OwnTheSweat 2.0 to enhance germ protection in active environments. The campaign promotes their antibacterial soap for staying fresh and protected.
Tantalizers Plc has acquired Karflex Fisheries, the largest indigenous fisheries group in Nigeria. This move marks Tantalizers' expansion into the blue economy and seafood sector.
Kazeem Royal Properties has partnered with the Association of Professional Plumbers of Nigeria to promote quality pipes. This collaboration aims to enhance the plumbing industry in Nigeria.
The Nigerian Association of Petroleum Explorationists (NAPE) is advocating for a unified strategy among oil and gas operators to reduce Geological Non-Productive Time. This approach aims to enhance efficiency in the oil drilling sector.
Nigeria and Türkiye have signed a mining cooperation agreement aimed at enhancing technology, exploration, and investment in the sector. This partnership is expected to strengthen bilateral relations and boost Nigeria's mining industry.
Investors are advocating for improved governance to help small and medium enterprises (SMEs) in Africa overcome challenges like poor logistics and inadequate financing. These structural barriers hinder the growth potential of businesses across the continent.
The Airline Operators of Nigeria (AON) has refuted claims of owing cost recovery charges to the Nigeria Civil Aviation Authority (NCAA). This denial highlights ongoing tensions between the airline industry and regulatory bodies.
Malabu Oil & Gas has filed a lawsuit against the Nigerian government for allegedly splitting OPL 245 into four assets. The company is seeking N1 trillion in damages.
Corporate treasurers face continuous volatility in their operating environment. Emphasizing digital insights has become crucial for effective financial management.
KAMIM Technologies Ltd will spearhead Nigeria's $2.1 million HARVIST project focused on clean agricultural infrastructure. This initiative aims to enhance sustainable farming practices in the country.
The SAGE Centre is working to enhance executive leadership in West Africa's corporate sector. This initiative aims to address the gap in leadership and governance structures amidst rapid sector growth.
The article critiques the reliance on traditional practices in medicine prior to germ theory. It emphasizes the need for evidence-based approaches in management and healthcare.
NNPC and Afreximbank have partnered to enhance Nigeria's oil and gas sector through structured financing and risk-sharing. This collaboration aims to boost energy development across Africa.
The NCAA has suspended its 'No Pay, No Service' directive for local airlines, allowing them to resume operations. This decision comes as a relief to the affected operators and aims to ease financial pressures in the aviation sector.
The Palmrich Tribe Assembly aims to enhance wealth structuring in Nigeria's agricultural sector. This initiative seeks to educate investors on making informed decisions to prevent financial losses.
SO&U, a Nigerian marketing and advertising group, celebrates 36 years in business with a new chapter on Lagos Island. The event highlights their commitment to creativity and innovation in the industry.
BUA Cement shareholders have approved a dividend payout of ₦338.64 billion, equating to ₦10.00 per share for the 2025 financial year. This comes as the company's profit rises to ₦356 billion.