Live intelligence from 10+ verified Nigerian and UK sources
Fitch Ratings has affirmed Access Bank's 'B' rating, indicating that the bank's foreign currency liquidity is adequate to manage its upcoming $1 billion debt obligations. This positive assessment reflects the bank's financial stability and capacity to meet its commitments.
Nigeria is developing major tech companies, contributing to the growth of unicorns in Africa. However, the financial benefits are largely being captured by foreign entities, particularly Wall Street.
IATA advocates for the modernization of ground handling operations to enhance safety and reduce emissions. The push includes the adoption of digital solutions and improved ground support equipment.
Schneider Electric is launching an awareness campaign in Nigeria to combat the risks posed by counterfeit electrical products. The initiative aims to enhance consumer safety and protect the public from potential hazards.
A recent report reveals that hiring managers are valuing adaptability skills more than technical expertise in light of AI advancements and fast-changing work environments. This shift highlights the importance of resilience and flexibility in the modern job market.
Leadway Assurance has achieved a remarkable 30% revenue growth, reaching N225.3 billion for 2025. The company also paid out N137 billion in claims, solidifying its position as a market leader in Nigeria.
Dangote Industries has announced plans for a multi-billion-dollar seaport in Olokola. This project aims to enhance trade, create jobs, and establish a key logistics hub.
South African pension funds are considering investments in the Dangote Refinery, which could significantly enhance African industrial initiatives. This interest marks a positive development for regional economic collaboration.
The Tanzanian government has set aside $109 million to aid Air Tanzania's expansion plans. This funding will focus on acquiring new aircraft and enhancing operational capabilities for the 2025/26 period.
Reliability Africa 2026 aims to enhance industrial efficiency and promote sustainable energy solutions across the continent. The event will gather industry leaders, engineers, and energy experts to discuss innovative strategies.
Greenwich Registrars & Data Solutions has upgraded its G-Ease platform to facilitate better access for shareholders to Annual General Meetings. This initiative aims to enhance shareholder engagement and participation.
Aliko Dangote is launching a $45 billion expansion plan aimed at achieving a $250 billion valuation. This ambitious move highlights his commitment to significant growth in Africa's business landscape.
Aliko Dangote is expanding his mega-refinery project into East Africa, adding another site to his plans. This move indicates a significant growth strategy for his business in the region.
The Federal Competition and Consumer Protection Commission has cleared Mikano International Limited of all financial liabilities. This decision follows the company's full compliance with a previous order from the Commission.
Investors are finding ways to address the challenges in Nigeria's residential real estate market. This segment is crucial for the overall growth of the real estate sector, impacting various other segments.
John Ezeobi has been honored as Manufacturer of the Year by the Anambra Man of the Year (AMTY) Awards. This recognition highlights his significant contributions to the manufacturing sector.
Qoray Mobility & Energies Limited has introduced a new Dealer-Owned, Dealer-Operated model aimed at enhancing electric mobility for last-mile transportation. This initiative is expected to boost sustainable transport solutions across Nigeria.
The Billionaire Realtors Group (BRG) held a summit focused on enhancing real estate growth and market opportunities. Entrepreneurs were provided with strategies to improve efficiency and profitability in the sector.
Nigerian fuel marketers are contesting a lawsuit from Dangote Petroleum Refinery aimed at invalidating their import licenses. They argue that the lawsuit could disrupt the fuel supply chain in the country.
Aliko Dangote has doubled his investment in a fertilizer project in Ethiopia, signaling confidence in the agricultural sector. This move is expected to boost local production and create jobs in the region.
NAICOM urges insurers to shift from a product-centric to a customer-centric business model. This change aims to enhance customer satisfaction and improve service delivery in the insurance sector.
The article from BusinessDay discusses various business trends and insights relevant to Nigeria's economy. It highlights key developments that could impact investors and entrepreneurs in the region.
Mastercard has partnered with Yellow Card to enhance stablecoin payment solutions in emerging markets. This collaboration aims to drive payment innovation across Eastern Africa.
The Director General of NCCIMA, Adamu Salihu, praised the Dangote Group for its significant role in Africa's industrialization. He highlighted the company's transformative impact on the continent's economy.
Dangote Refinery has lowered the price of aviation fuel to N1,650, providing relief for airlines and passengers. The refinery also offers a 30-day interest-free credit facility to marketers and airline operators.
Veritasi Homes & Properties Plc has successfully raised N16.76 billion in its Series 2 Commercial Paper issuance, exceeding its N12 billion target. This marks a significant achievement for the company in the financial market.
A PwC report highlights that while AI adoption is increasing in Africa, many firms are not seeing significant business benefits. The report points to deficiencies in strategy and infrastructure as key challenges.
PremiumTrust Bank has partnered with Hallelujah Challenge to provide N50 million in grants to 13 entrepreneurs. This initiative aims to support and boost small businesses in Nigeria.
The CIBN Lagos Branch has reported a 3.89% increase in net assets, reaching N264.3 million in 2025. This achievement reinforces its status as the leading branch in Nigeria.
Sterling Financial Holdings has achieved a significant milestone by surpassing N4 trillion in total assets in Q1 2026. The company also reported strong profit growth, indicating a robust financial performance.