Live intelligence from 10+ verified Nigerian and UK sources
Optimus Bank Limited is experiencing rapid balance sheet growth due to its strong liquidity position. This development highlights the bank's ability to consolidate its financial standing in the Nigerian market.
Samuel Ndubuisi-Brown, CEO of Browncon, has been recognized as one of Africa's 100 Most Influential Leaders. This accolade highlights his impact in the business sector across the continent.
Engr Mustafa Bello has been appointed as the new Chairman of Zenith Bank, succeeding his role as a non-executive director. This leadership change is expected to influence the bank's strategic direction moving forward.
Zenith Bank Plc has appointed Mustafa Bello as the new chair following the retirement of founder Jim Ovia. This leadership change marks a significant transition for the bank as it moves forward under new guidance.
Zenith Bank has appointed Mustafa Bello as the new Group Chairman following Jim Ovia's retirement. Bello brings extensive leadership experience and a strong grasp of corporate governance to the role.
Nigerian banks are entering the N400 billion market previously dominated by telecom companies by offering 2.95% loans for airtime and data. This move marks a significant shift in the competitive landscape of financial services in Nigeria.
Jim Ovia has retired as the Chairman of Zenith Bank, with Mustafa Bello succeeding him. Bello was previously a non-executive director at the bank.
Eight entrepreneurs are revolutionizing Nigeria's event industry, enhancing standards across various sectors. Their innovative approaches are contributing to the growth of this multi-billion naira market.
NNPC Ltd has signed a Memorandum of Understanding with two Chinese firms to restart and expand the Port Harcourt and Warri refineries. This partnership aims to enhance Nigeria's refining capacity and operational efficiency.
Linda Uneze has organized the Doing Business in Nigeria Conference (DBNC) 2026 to focus on capital, collaboration, and enterprise growth. This initiative aims to foster dialogue among stakeholders in the Nigerian business landscape.
OmniRetail is launching OmniOne, enhancing its commerce platform into a comprehensive trade ecosystem. This expansion aims to improve goods movement and data visibility in the market.
Gateway International Airport has launched its first Hajj flight, marking a significant milestone for Ogun State's air transport sector. This development positions Ogun as an emerging player in both regional and international aviation.
Ibom Air has launched its inaugural international flight from Uyo to Accra, marking a significant milestone as the first state-owned airline to do so. Passengers expressed excitement over this new travel option.
Doris Fisher, co-founder of Gap, has passed away at the age of 94. She and her husband opened the first Gap store in 1969, significantly impacting the retail industry.
Seplat Energy Plc plans to significantly increase production with the upcoming restart of the Yoho platform in the second quarter. This move is expected to boost the company's output and enhance its market position.
Jetour has launched the X70 Plus in Nigeria, targeting the growing SUV market with a focus on safety and technology. This entry highlights the competitive landscape of the automotive sector in the country.
Digital transformation often fails due to operational intelligence issues rather than technological shortcomings. Understanding and improving internal processes is crucial for successful transformation.
The article from BusinessDay discusses various business trends and updates in Nigeria. It highlights key developments that could impact the economy moving forward.
Wema Bank is celebrating the 9th anniversary of ALAT, Africa's first fully digital bank. The initiative has significantly transformed the banking experience for Nigerians over the years.
Nigeria's ground handlers have set a final three-day deadline for airlines to settle N9 billion in unpaid fees. They threaten to withdraw services if the payment is not made.
Addosser Insurance Brokers Limited celebrates its fifth anniversary, highlighting its growth in Nigeria's insurance sector. The company is recognized as a trusted name and is regulated by the National Insurance Commission.
Dr. Mike Adenuga Jr. is celebrated for his remarkable achievements as a billionaire and business leader on his 73rd birthday. His success story serves as an inspiration to many in Nigeria and beyond.
Corporate Social Responsibility (CSR) strategies are gaining traction as businesses increasingly focus on societal impact. This shift reflects a growing commitment to innovation and community welfare.
Elon Musk has agreed to pay $1.5 million related to his Twitter share purchases. The payment follows his failure to notify regulators in a timely manner during the acquisition process.
A Nigerian oil trader is facing a global asset freeze due to a $40 million debt default. This legal action was initiated by an English court, impacting the trader's international operations.
The Aviation Ground Handlers Association of Nigeria (AGHAN) has warned of a potential service withdrawal due to over N9 billion in unpaid debts from domestic airlines. This move could significantly impact airline operations across the country.
MTN Nigeria faces a potential N140 billion loss due to rising diesel prices at N2,000 per litre. The company is now shifting its focus towards gas as a more sustainable energy source.
The Aviation Ground Handlers Association of Nigeria has announced a 72-hour strike notice, potentially leading to flight cancellations. This action highlights ongoing tensions in the aviation sector.
Heavy rainfall has caused power outages in parts of Enugu, according to MainPower Electricity Distribution Limited (MEDL). The company has issued an apology for the disruption.
NGX Regulation Limited has successfully recovered over N500 million to enhance investor protection. This move underscores their commitment to safeguarding investors in the Nigerian market.