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An Indian firm, VFS Global, reportedly forced out a Nigerian company from Purple Mall by paying N62 million in rent, citing competition. The situation escalated when the Nigerian firm sought new office space after learning of VFS Global's relocation plans.
Aliko Dangote is exploring the possibility of listing parts of his business on the Ethiopian Securities Exchange. This move is part of a broader strategy to enhance pan-African investment opportunities.
International Breweries Plc's profit after tax dropped to N19.6 billion in Q1 2026 due to increasing cost pressures. This decline highlights the challenges faced by the company in the current economic climate.
Woodhall Capital has partnered with Mama Cass Group for financial advisory services to support their expansion plans. This collaboration aims to enhance growth opportunities for the Mama Cass brand.
A new wave of digital growth leaders is transforming performance marketing by focusing on long-term strategies. They are leveraging AI-driven systems to enhance growth and redefine success metrics in the industry.
Ibom Air is considering reducing its flight frequency due to rising aviation costs. This warning highlights the challenges faced by airlines in the current economic climate.
Nigerian professionals are increasingly adopting digital tools to enhance their work efficiency and safety. This shift is driven by the growing prevalence of remote work and hybrid team structures.
Entrepreneurs often rush into product development without validating market demand, which can lead to costly mistakes. Research indicates that confirming real demand is crucial before launching a new product.
Awash Bank SC has successfully listed on the Ethiopian Securities Exchange, becoming the third lender on the continent's newest stock market. This milestone highlights the growth of Ethiopia's financial sector and its increasing attractiveness for investment.
China has blocked Meta's acquisition of the AI firm Manus, following reports that Beijing restricted two of its co-founders from leaving the country. This decision reflects ongoing tensions between China and foreign tech companies.
Aviation ground handlers in Nigeria have issued a 24-hour strike warning due to a N9 billion debt. This could lead to significant disruptions in domestic and international flight operations starting April 28, 2026.
Africa Prudential, BUA Cement, and Mutual Benefits are highlighted as top stock picks for the week. Investors are advised to consult financial advisors before making decisions.
Zenith Bank Plc's shares have surged ahead of its competitors as investors shift their focus to bank stocks. This trend follows a significant recapitalisation effort within the banking sector.
Nigerian telecom operators are losing control of a significant airtime lending market worth over N400 billion annually. This shift is due to regulatory changes that favor five new lending firms.
A Federal High Court in Lagos has prohibited ShopRite directors from selling the company's shares or assets until a judgment debt is settled. This ruling aims to protect the interests of creditors involved in the case.
Shoreline Natural Resources Limited and the Nigerian Upstream Petroleum Regulatory Commission have reaffirmed their commitment to Nigeria's energy future. This collaboration aims to enhance the country's energy sector and ensure sustainable development.
Experts in Lagos have declared traditional productivity metrics obsolete due to the rise of AI. They warn that Nigerian businesses must adapt to these changes to remain competitive.
Former Anambra State Governor Jim Nwobodo and his wife are embroiled in a legal dispute with a Lagos businessman over a N235 million land transaction. The plaintiff is seeking N5.8 billion in damages, while the defendants have filed a counter suit for N1.2 billion.
BUA Cement reported a revenue increase of 22.1% in Q1 2026, reaching N355 billion. This growth reflects the company's strong performance compared to the previous year's N290.8 billion.
Swede Control Intertek Limited has committed to strategic transformation and operational excellence after its 2026 Executive Retreat. The company aims to enhance collaboration and growth moving forward.
International Breweries Plc has launched its new super premium lager, Budweiser Royale, in Lagos. This marks a significant milestone for the company as part of ABInBev's extensive portfolio.
Linus Okorie argues that successful founders create companies that can thrive independently. He highlights Paga's recent leadership transition as an example of this principle in action.
Nigerdock has celebrated its 40th anniversary, highlighting its achievements in Nigeria's maritime and industrial sectors. CEO Maher Jarmakani emphasized the company's journey and contributions to the industry.
Sam Pharmaceutical Limited has launched a new WHO-standard manufacturing facility in southwestern Nigeria. This initiative aims to boost local drug production and decrease dependence on imported medicines.
Glovo and various stakeholders in the e-commerce sector are advocating for enhanced collaboration to foster inclusive growth for small and medium-sized businesses. This initiative aims to drive innovation and support the SMB ecosystem.
The NCAA has issued a warning to airlines regarding passenger complaints, particularly during the ongoing aviation fuel crisis and incidents of bird strikes. They emphasized the need for better communication and passenger care during disruptions.
Waltersmith is expanding its refining capacity and plans to develop a condensate refinery and industrial park. The company recently hosted the NCDMB for an inspection of its new facilities.
UPDC is set to focus on infrastructure delivery and advisory services as part of its new offerings in the property market. This move aims to enhance its service portfolio and meet future demands.
VivaJets, a Nigerian business aviation company, is set to participate in the Africa CEO Forum as a strategic mobility partner. The company aims to enhance integrated continental mobility across Africa.
Dangote and the Saudi envoy are working to enhance trade relations between Nigeria and Saudi Arabia. They discussed expanding cooperation in energy, industry, and infrastructure sectors.