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First HoldCo Plc reported a significant increase in gross earnings, reaching ₦3.4 trillion for the year ending December 31, 2025. This marks a 6.9% growth compared to the previous year, showcasing the company's strong financial performance.
Ubuy is enhancing global shopping access for Nigerians through cross-border e-commerce. This development offers consumers increased choice and control over their purchasing decisions.
Rano Air has suspended key routes due to a more than 300% increase in Jet A1 fuel prices, citing commercial unsustainability. This move highlights the growing challenges faced by Nigeria's airline industry amid rising operational costs.
Staff at Alpha-Beta have accused the firm of targeting whistleblowers and demoting the HR head due to loyalty concerns. The situation has raised alarm among employees regarding workplace integrity and management practices.
Afri Invoice Nigeria Ltd has received official accreditation from the Nigeria Revenue Service as a system integrator. This marks a significant step in advancing Nigeria's digital invoicing landscape.
GIDI Mall 2.0 has been unveiled in Lagos, set to become the tallest commercial tower in the Eti-Osa area. This development marks a significant milestone in Nigeria's commercial real estate sector.
Nintendo anticipates a 27% decline in net profit for the upcoming fiscal year, projecting earnings of 310 billion yen. Additionally, the company has announced a price increase for the upcoming Switch 2 console.
NUPENG has praised the NNPC for its Memorandum of Understanding with Chinese firms regarding refineries. The union is advocating for transparency in the process.
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Trust is essential for effective leadership and innovation within organizations. Building a culture of trust can significantly enhance collaboration and drive progress.
Airtel Africa has reported a remarkable 147% increase in annual profit, driven by a 29.5% rise in revenue. The company's revenue grew to $6.4 billion, up from $5 billion.
African hotel development has achieved a record high in Q1 2026, with Egypt leading the growth. The chain hotel development pipeline has seen a remarkable 35.5% increase across the continent.
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The Lagos Building Investment Company (LBIC) is enhancing its capital base to address Nigeria's significant housing deficit. This initiative aims to improve housing availability in the country.
Sabou Capital is focusing on bridging Africa's financing gap by investing in tech-enabled SMEs in secondary regions. This initiative aims to support the growth of small and medium enterprises across the continent.
Nigerian retail traders can now utilize advanced market analysis tools through the newly launched Vantage app. This upgrade aims to enhance trading experiences on mobile devices.
Red Media Africa achieved a remarkable feat by winning three awards at the 2026 Davos Communications Awards. This success highlights the company's growing international recognition in the communications sector.
A court has denied bail to the Managing Director of Intermediate Investment Holdings Limited, accused of a $1.5 million fraud. The judge has ordered an accelerated trial for the case.
The article from BusinessDay discusses various business trends and updates in Nigeria. It highlights key developments that could impact the economy moving forward.
Renaissance Africa aims to achieve a crude oil output of 500,000 barrels per day by 2030. The company is part of a joint venture with NNPC, TotalEnergies, and AENR.
LS Scientific emphasizes the importance of innovation and advanced laboratory technology for the growth of Nigeria's pharmaceutical sector. This comes in light of ongoing regulatory challenges faced by the industry.
Sunbeth plans to launch cocoa and cashew processing plants in March 2027, aiming to enhance local agricultural value and boost exports. This initiative is expected to significantly contribute to the African agricultural sector.
African women entrepreneurs are encouraged to leverage the $5 trillion global green economy. They are urged to overcome certification barriers to access new export opportunities.
Nigerian streamers are shifting towards direct sales to improve profit margins, with D'banj leading the initiative through CREAM. The music industry saw significant revenue growth, generating N901 billion in 2024.
FirstHoldCo Plc achieved a remarkable 72.2% increase in profit before tax for Q1 2026 compared to the previous year. This growth reflects the company's strong financial performance and effective management strategies.
The federal government has announced a reconciliation with Bi-Courtney Aviation Services Limited, easing tensions over the operation of MMA2. This development marks a significant step towards improved collaboration in the aviation sector.
Interswitch has partnered with Asaba Airport Company to launch a smart parking system at Asaba Airport. This initiative aims to enhance the parking experience for travelers.
Sycamore Integrated Solutions Limited successfully raised N6.89 billion through its Series 1 Commercial Paper issuance, exceeding its N3 billion target. The offer was oversubscribed by 230%, indicating strong investor interest.
Gamification is transforming casino loyalty by enhancing player engagement through recognition and progression. This shift is likely to change how casinos retain and reward their customers.
Dangote Refinery has exported 57 million barrels of jet fuel, showcasing Nigeria's increasing refining capacity. However, domestic airlines are facing challenges due to high aviation fuel prices and operational pressures.