Live intelligence from 10+ verified Nigerian and UK sources
Philips reported a significant increase in net profits, doubling to 146 million euros in the first quarter. This marks a substantial rise from 72 million euros in the same period last year.
UBA, Redtech, and MoMo PSB have partnered to enhance merchant payment access throughout Nigeria. This collaboration combines advanced payment technology with a broad mobile money ecosystem.
Sycamore Integrated Solutions Limited's recent commercial paper issuance has seen significant interest, closing at N6.89 billion, far exceeding its N3 billion target. This oversubscription of 230% highlights strong investor confidence in the company.
BMW's net profit dropped by 23.1% in the first quarter, impacted by challenges in China and tariffs. The company's core profit margin also decreased from 9.2% to 7.6%.
UBA, Redtech, and MoMo PSB have partnered to enhance cardless payment access for consumers and merchants in Nigeria. This initiative aims to improve financial inclusion and convenience in transactions.
Dangote Cement Plc has achieved a remarkable 71.6% increase in cement and clinker exports in Q1 2026. The company's total production capacity has now reached 55 million tonnes per annum across Africa.
The article explores the concept of ownership for founders, emphasizing that what they built is just the start of their wealth journey. It encourages founders to rethink their understanding of ownership and value creation.
The article discusses strategies for service providers to enhance their competitive advantage in a crowded market. It emphasizes the importance of differentiation and innovation to stand out.
Executives often express frustration over the difficulty in finding qualified candidates. This highlights the importance of effective hiring practices to avoid ongoing complaints.
The article from BusinessDay discusses various business developments in Nigeria. It highlights trends and insights relevant to the current economic landscape.
Jim Ovia has retired as the founder of Zenith Bank during its 35th Annual General Meeting. The bank rewarded investors with a total dividend of N10 per share and appointed Bello as the new chairman.
Zenith Bank has appointed Mustafa Bello as its new Chairman during the recent Annual General Meeting. Bello brings over four decades of experience in both public and private sectors to the role.
Nigerian banks are entering the N400 billion airtime lending market previously dominated by telecommunications companies. GTBank, FCMB, and First Bank are offering competitive rates to attract customers.
Ellah Lakes Plc is set to enhance its palm oil operations through a strategy focused on scaling and value integration. The company's plans were discussed during its recent Annual General Meeting.
Nigerian fintech Sycamore Integrated Solutions successfully raised N6.89bn in its first commercial paper issuance, which was oversubscribed by 2.3 times. The funds will be used to support lending to small and medium-sized enterprises (SMEs).
Estate surveyors in Nigeria are advocating for the verification of professionals' credentials to combat property fraud. This initiative aims to protect clients from engaging with unqualified individuals.
Startup leaders in Lagos convened to discuss funding challenges and share strategies for building sustainable businesses. The event, called Founders Rant, aimed to foster collaboration among entrepreneurs.
LBIC, a Lagos mortgage lender, reports a 43% profit increase to N1.65 billion for 2025. The company is also expanding its loan portfolio and planning for capital growth.
CFAO Mobility Nigeria is increasing its investments in electric vehicles and compressed natural gas options. This move is aimed at aligning with current market trends.
GMYT Fashion Academy has inducted 21 emerging entrepreneurs, showcasing its commitment to nurturing talent. This initiative aims to promote socio-economic development through fashion and enterprise.
Sovereign Trust Insurance Plc has successfully completed the restructuring phase of its N5 billion Rights Issue capital raise. This marks a significant step in its recapitalisation plan.
Despite a challenging economic environment, MTN and Airtel are showcasing positive developments in the telecom sector. This highlights a rare instance of good news amidst broader negative indicators.
Redrick Public Relations has been nominated as a finalist in two categories at the 2026 SABRE Awards EMEA. This recognition highlights the firm's excellence in the communications industry.
US hotel bookings for the upcoming World Cup are significantly lower than anticipated, according to a business group. With only a month left before the tournament, this trend raises concerns for the hospitality industry.
Moniepoint CEO Eniolorunda's comments on Nigeria's talent gap have sparked mixed reactions. He highlighted how environmental factors influence intelligence and cultural issues affecting youth.
President Tinubu is actively engaging with global investors in Paris to discuss Nigeria's economic reforms. The government aims to translate these reforms into tangible benefits for the Nigerian populace.
Dangote Cement Plc achieved a remarkable 71.6% increase in exports during the first quarter of 2026. The company's production capacity has now reached 55 million metric tons annually.
The African CEO Leadership Forum in Lagos has garnered support from major organizations including the African Union and the AfDB. This backing is expected to enhance leadership development across the continent.
Ibom Air has started international flights from Uyo, enhancing connectivity for the region. Governor Eno has appointed an aviation adviser to support this new initiative.
UnwindFest, organized by YellowLyfe, will bring together founders and business leaders in Lagos to discuss challenges faced by startups in Nigeria. The event aims to foster dialogue and solutions for improving startup survival rates.