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The aviation union in Nigeria has accused AMCON of mismanaging Aero Contractors, pointing to issues like funding refusal and lack of expertise. This situation is seen as jeopardizing the future of the airline.
MTN Nigeria has trained 18 women in digital skills related to Artificial Intelligence. This initiative aims to help them earn income in foreign currencies.
BUA Cement Plc has rewarded its distributors with a total of N4.5 billion. Chairman Abdul Samad Rabiu made the announcement, highlighting the company's commitment to its distribution network.
The article emphasizes the need for the Nigerian government to foster an environment conducive to small business growth. It highlights the entrepreneurial spirit among the youth in Nigeria.
Tina Nwanya is transforming Nigeria's travel industry by focusing on innovation, transparency, and affordability. Her efforts aim to make travel more accessible for Nigerians.
Apple has achieved record earnings for its March quarter, largely fueled by high demand for the iPhone 17. The company faces future challenges despite its financial success.
UBA is fostering stronger collaborations between banks and fintech companies at a pan-African conference. The event gathered over 20 key fintech players and stakeholders to discuss future partnerships.
Dangote refinery has reinstated previously dismissed engineers following an internal review. The company has issued a warning to ensure no further misconduct occurs.
Dangote Refinery has recalled engineers who were redeployed after facing internal disciplinary actions. This decision comes as part of a conditional pardon aimed at addressing operational disruptions.
Ethnocentrique has wrapped up The Fashion Games, creating 10,000 jobs through its fashion future program. This initiative marks a significant step forward in the Nigerian fashion industry.
The Federal Government is working to resolve a 20-year dispute with Bi-Courtney over the Lagos airport concession. Both parties have agreed to significant concessions, including a debt write-off and new operational terms.
Globacom has praised Nigerian workers for their hard work and dedication. The company recognizes their vital role in driving progress in the nation.
Champion Breweries Plc reports a remarkable 69% increase in revenue, marking a significant milestone in its 52-year history. The recent acquisition of Bullet is seen as a pivotal move for the company's growth.
The NUPRC supports Ingentia Energies as a model for enhancing local participation in Nigeria's oil and gas sector. This initiative aims to strengthen indigenous involvement in upstream activities.
A groundbreaking parametric flood insurance has been launched in Sub-Saharan Africa, led by Africa Re and an insurance consortium. This initiative aims to enhance resilience against flooding in the region.
The NRS has launched REV360 to enhance digital tax administration in Nigeria. This initiative aims to transform tax processes into a facilitator of national development.
MTN Nigeria has received shareholder approval for its N152 billion MoMo spin-off during its Annual General Meeting. This move is expected to enhance the company's financial strategy and market position.
Guaranty Trust Holding Company Plc (GTCO) has announced a profit before tax of N302.9 billion for the first quarter of 2026. This financial performance highlights the company's strong position in the market.
Cutix PLC has recognized its top distributors for 2024 by awarding them cars, fridges, generating sets, and certificates. This initiative highlights the company's commitment to rewarding excellence among its partners.
Godwin Obiora Mbanefo discusses the challenges facing Africa's supply chains, particularly in Nigeria. He aims to address these issues that many businesses have come to accept as the norm.
AREWA24 has initiated a N10 billion defamation lawsuit against the NBMOA and others. The case highlights ongoing tensions in the Nigerian media landscape.
Africa boasts many brilliant leaders and innovative founders driving business success. However, there is a pressing need for enhanced executive visibility to support this transformation.
President Tinubu has appointed Rabiu Umar, a former Dangote Group executive, as the new chief of NMDPRA. This decision comes just four months after Mr. Mohammed took office, pending Senate confirmation.
The article discusses the misconception that visibility equates to success in business. It warns that without legitimacy, increased visibility can lead to significant risks.
Universal Music Group is set to sell half of its stake in Spotify, which is expected to generate approximately $1.4 billion. This move highlights UMG's strategy to capitalize on its investments in the music streaming industry.
MTN has reported a significant Q1 profit of N355.5 billion, with earnings per share rising by 166%. This strong financial performance positions the company well ahead of its 2025 targets.
Nigeria's aviation sector is emerging as a prime investment opportunity in Africa. The industry is exploring various financing methods, including debt and leasing, to attract more investors.
Dangote Cement reported a significant profit of N421.1 billion in Q1, driven primarily by cement and clinker sales. This strong financial performance underscores the company's focus on its core products.
Seplat Energy reported a revenue of $840.7 million for Q1 2026, with a gross profit of $370.5 million. The company also announced a dividend of 9.0 cents per share, marking a 96% increase from the previous year's payout.
The BusinessDay Fintech Summit 2026 successfully convened key players in the fintech sector to discuss future alignment. Oxygen X played a pivotal role in driving the agenda forward.