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Flytime founder Cecil Hammond turns 50
Cecil Hammond, founder and Chief Executive Officer of Flytime Promotions Limited, marked his birthday on April 8 with a private gathering at Eko Hotel & Suites, attended by a diverse mix of guests from the corporate, business, entertainment, and wider social landscape. The celebration reflected Cecil’s long-standing influence within the business of live entertainment in […] read more Flytime founder Cecil Hammond turns 50
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Before Fintech Had a Name for It, P2P Remittance Was Already Winning
Before apps, before banks, before money itself, people exchanged what they had for what they needed. Peer-to-peer remittance, for all its modern-sounding name, is really just that ancient logic made digital. Here is how it works in practice. Someone in London wants to send money to Lagos. Someone in Lagos needs British pounds. Instead of […] read more Before Fintech Had a Name for It, P2P Remittance Was Already Winning
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Irvin Global And Investment Group Celebrates 10 Years Anniversary With The Official Commissioning Of Her New Corporate Head Office In Maitama District Of Abuja, Nigeria
Ten years ago, a Global Vision was placed in the heart of a man; a mandate to build a financial institution that would stand on the twin pillars of faith and integrity and serve the world with honour. Today, to the Glory of God Almighty, Irvin Global and Investment Group stands firmly as one of […] read more Irvin Global And Investment Group Celebrates 10 Years Anniversary With The Official Commissioning Of Her New Corporate Head Office In Maitama District Of Abuja, Nigeria
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Dantata Hostels: Institutional-Grade Student Housing Emerges in Abuja’s Fixed Academic Belt
Nigeria’s student housing market has historically operated within a fragmented and largely informal structure. Supply has typically responded to short-term demand signals rather than long-term infrastructure planning. Dantata Hostels represents a deliberate effort to formalise that segment within one of Abuja’s most institutionally concentrated districts. Located on a 3.39-hectare parcel known as Plot 747 in […] read more Dantata Hostels: Institutional-Grade Student Housing Emerges in Abuja’s Fixed Academic Belt
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Nigeria’s tax overhaul tightens profit rules for insurers
Nigeria’s new tax rules are changing how insurance companies calculate their profits, closing gaps that previously reduced tax payments and raising fresh concerns about pricing, competition, and growth in an industry worth over N1.5 trillion in gross premiums. The changes, introduced under the Nigeria Tax Act 2025, come alongside broader regulatory reforms that will directly […] read more Nigeria’s tax overhaul tightens profit rules for insurers
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West Africa’s healthcare investment momentum builds as World Health Expo returns to Nigeria 
Nigeria’s healthcare sector is undergoing rapid transformation, with forecasts predicting a 7.1 percent expansion and an anticipated market value of US$161.7 million by 2027. This growth is fuelled by a US$1.2 billion Federal Ministry investment in infrastructure and workforce, major oncology and diagnostic expansions by the Nigeria Sovereign Investment Authority, and increased imports under the […] read more West Africa’s healthcare investment momentum builds as World Health Expo returns to Nigeria 
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PowerLabs raises pre-seed funding to deploy AI energy platform across Nigeria
PowerLabs, a Nigerian energy and climate-tech startup, has raised a pre-seed round led by Breega, with participation from Catalyst Fund, Mercy Corps Ventures, and Kaleo Ventures, to scale its AI-enabled energy orchestration platform, Pai Enterprise. The company said the funding will accelerate deployment of the platform across commercial and industrial users in Nigeria and support […] read more PowerLabs raises pre-seed funding to deploy AI energy platform across Nigeria
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Lagos drags tax defaulters to court over N1.6bn ahead of filing deadline
As the deadline for filing annual tax returns approaches, the Lagos State Government has intensified enforcement, dragging dozens of individuals and companies before the state’s Revenue Court over unpaid tax liabilities exceeding N1.6 billion. The action comes following an earlier extension granted by the Lagos State Internal Revenue Service (LIRS) to ease filing pressures. “Individuals […] read more Lagos drags tax defaulters to court over N1.6bn ahead of filing deadline
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Chams declares N270m in final dividend payout to shareholders
Chams Holding Company Plc has declared N270 million in final dividend to shareholders for the fiscal year ended December 31, 2025. In a corporate announcement on Thursday, the Nigerian-based technology provider disclosed that a final dividend of N0.03 for every share of 50 kobo each, subject to appropriate withholding tax and approval, will be paid […] read more Chams declares N270m in final dividend payout to shareholders
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NISO moves to accelerate integration of renewable energy into national grid
The Nigerian Independent System Operator (NISO) said it has advanced the needed framework for the integration of renewable energy into the national grid. This is in furtherance of its mandate to position the power sector for long-term sustainability and coordinated growth. Abdu Mohammed Bello, managing director/chief executive officer, NISO, disclosed this in Abuja on Wednesday, […] read more NISO moves to accelerate integration of renewable energy into national grid
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Nigeria pushes local cloud infrastructure to cut reliance on foreign tech giants
Nigeria has called on African countries to urgently build domestic cloud infrastructure and assert control over their data, warning that failure to do so could lock the continent into long-term digital dependence on foreign technology providers. Kashifu Inuwa, the director general of the National Information Technology Development Agency, who made the call at the GITEX […] read more Nigeria pushes local cloud infrastructure to cut reliance on foreign tech giants
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US lobby firm warns of sanctions over election rigging
Von Batten-Montague-York, a lobbying firm based in Washington, United States, has said it will recommend sanctions against Nigerian politicians and officials of the Independent National Electoral Commission (INEC) who attempt to manipulate or undermine the country’s electoral process in 2027. The warning came amid growing global concern over electoral malpractices in Nigeria. In a statement […] read more US lobby firm warns of sanctions over election rigging
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Turaki breaks silence, reveals details of meeting with David Mark-led ADC
Factional national chairman of the Peoples Democratic Party (PDP), Tanimu Turaki, has said he led a delegation of party members on a solidarity visit to the African Democratic Congress (ADC) faction led by David Mark. Turaki described the visit as a significant moment of reflection and a shared commitment to protecting Nigeria’s democracy. In a […] read more Turaki breaks silence, reveals details of meeting with David Mark-led ADC
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Intra-African trade to hit $230bn by 2026 on AfCFTA boost
…to expand 10% Intra-African trade is on track to reach $230 billion by 2026, driven by the accelerated implementation of the African Continental Free Trade Area (AfCFTA), with overall continental trade projected to grow 10 percent this year, according to a new report by the Afreximbank. The report, titled ‘African Trade and Economic Outlook 2026,’ […] read more Intra-African trade to hit $230bn by 2026 on AfCFTA boost
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UNDP, PIND partner on integrated regional development in Niger Delta
The United Nations Development Programme (UNDP) and the Foundation for Partnership Initiatives in the Niger Delta (PIND) have formalised a strategic partnership to advance integrated, scalable development and investment solutions across the Niger Delta under the Integrated Smart States Programme (ISSP). The partnership, established through a Memorandum of Understanding (MoU), reflects a shared commitment to […] read more UNDP, PIND partner on integrated regional development in Niger Delta
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The rise of African specialist arbitrator and expert in technology and artificial intelligence
Introduction The integration of technology and AI into commercial disputes is reshaping arbitration globally. At the heart of this evolution is the need for tribunals to effectively understand, test, and trust complex technical evidence—especially as code, data, and AI systems become central to disputes. Growing Arbitration Hubs in Africa and the Need for Specialist Arbitrators […] read more The rise of African specialist arbitrator and expert in technology and artificial intelligence
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Farmer kills self over hardship in Benue IDP camp
Tragedy struck in Jato-Aka as a farmer, identified as Terdzungwe Orban, took his life, citing hardship and frustration at an Internally-Displaced Persons (IDP) Camp. A local in the area who identified himself as Lawrence Akerigba in a telephone interview informed that Orban, who was displaced from Ikyoawen settlement in Turan Community has been complaining how […] read more Farmer kills self over hardship in Benue IDP camp
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NGX to delist DN Tyre, Greif Nigeria over compliance failures
The Nigerian Exchange Regulation Limited (NGX RegCo) has approved the regulatory delisting of DN Tyre and Rubber Plc and Greif Nigeria Plc from the Daily Official List of the Nigerian Exchange, marking the end of a prolonged compliance process for both companies. According to a notice issued by NGX RegCo, the decision was taken at […] read more NGX to delist DN Tyre, Greif Nigeria over compliance failures
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NGX delists DN Tyre, Greif Nigeria 
The regulation department of Nigerian Exchange Limited (NGX) has notified the investing public of delisting of two  companies – DN Tyre and Rubber Plc and Greif Nigeria Plc. The NGX in its April 9 market bulletin signed by Godstime Iwenekhai, Head, Issuer Regulation Department notified Trading License Holders and the investing public that the decision […] read more NGX delists DN Tyre, Greif Nigeria 
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Boko Haram kills Army General, others in fresh attacks on Borno (Photos) 
A Nigerian Army brigadier general and an unspecified number of soldiers have lost their lives in the fresh terror attacks in Borno communities. This followed multiple attacks by the terrorists spread across four locations last night across Borno.   The first attack was launched in Pulka and Bakin Ruwa, both in Gwoza Local Government Area […] read more Boko Haram kills Army General, others in fresh attacks on Borno (Photos) 
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Bello-Dambazau vows to deepen trade, strategic ties with China
Abdulrahman Bello-Dambazau, Nigeria’s new Ambassador to China, has pledged to strengthen diplomatic, economic and security cooperation between Nigeria and China while safeguarding Nigeria’s national interests. Speaking in an interview with BusinessDay, on his diplomatic mission, at the NACCIMA ‘s national meeting in Kano, Bello-Dambazau said his primary responsibility as ambassador is to represent Nigeria and […] read more Bello-Dambazau vows to deepen trade, strategic ties with China
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14 states under siege as criminal networks turn telecom sites into looting grounds
Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from mobile sites last year. At the same […] read more 14 states under siege as criminal networks turn telecom sites into looting grounds
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Banklink Africa deepens CMFC bet with fresh capital injection
Banklink Africa Private Equities Limited has injected an additional N2 billion into Critical Minerals Financing Corporation Plc, accelerating the transformation of the former DEAP Capital Management & Trust Plc into a specialist mining finance platform aimed at plugging Nigeria’s long-standing funding gap in the sector. The latest tranche brings total capital deployed so far to […] read more Banklink Africa deepens CMFC bet with fresh capital injection
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Crude oil theft still at concerning levels, calls for reforms – Speaker
Abbas Tajudeen, Speaker of the House of Representatives, has said crude oil theft in Nigeria remains at “concerning levels”, despite recent improvements in pipeline security. The speaker called for reforms to strengthen transparency, accountability and surveillance systems in the oil sector. Abbas raised the concern on Wednesday at a Parliamentary Roundtable on pipeline surveillance contracts, […] read more Crude oil theft still at concerning levels, calls for reforms – Speaker
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FG, Nestlé partnership targets productivity gains in dairy value chain
The Federal Government has entered into a strategic partnership with Nestlé Nigeria Plc to establish a dairy technical skills development centre in the Federal Capital Territory, a move aimed at closing Nigeria’s capacity gap and reducing its heavy reliance on dairy imports. The agreement, formalised through a memorandum of understanding, signals a shift toward skills-driven […] read more FG, Nestlé partnership targets productivity gains in dairy value chain
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How suspects lured, killed ATBU graduate over tricycle — Kogi police
More details have emerged about the alleged killing of Aminu Abubakar, a fresh graduate of Abubakar Tafawa Balewa University, whose life was taken when armed robbers tried to steal his tricycle. The Kogi State Police Command, in a statement on Wednesday, confirmed the arrest of suspects linked to the incident. Salihu Oyiza Afusat , the […] read more How suspects lured, killed ATBU graduate over tricycle — Kogi police
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AI companion chatbots gain ground as memory capabilities redefine human–machine interaction
Artificial Intelligence(AI) companion chatbots are undergoing a major transformation as developers introduce persistent memory systems that allow these tools to remember users, conversations, and personal milestones over time. A recent analysis by Tekedia Institute highlights how new-generation AI companions are moving beyond traditional limitations, where chatbots typically forget context after a short exchange. Emerging systems […] read more AI companion chatbots gain ground as memory capabilities redefine human–machine interaction
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Paramount Skydance secures $24bn from 3 Middle Eastern sovereign funds for Warner Bros. deal
Paramount Skydance has secured commitments of nearly $24 billion from sovereign wealth funds in Saudi Arabia, Qatar, and Abu Dhabi to support its proposed acquisition of Warner Bros. Discovery. Saudi Arabia’s Public Investment Fund (PIF) has agreed to provide about $10 billion. The state-controlled funds from Qatar and Abu Dhabi will supply the rest, according […] read more Paramount Skydance secures $24bn from 3 Middle Eastern sovereign funds for Warner Bros. deal
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NAHCO profit surge fuels N12.2bn dividend, bonus shares
Shareholders of Nigerian Aviation Handling Company (NAHCO) Plc will receive a combined dividend of cash and bonus shares as the West Africa’s leading aviation handling and logistics group sustained its impressive trajectory with double-digit growth across all key indicators in 2025. The board of directors of NAHCO has recommended payment of an increased cash dividend […] read more NAHCO profit surge fuels N12.2bn dividend, bonus shares
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Delta seeks partnership with energy experts towards 24-hr power supply
Governor Sheriff Oborevwori of Delta State, on Wednesday, reaffirmed his administration’s commitment to achieving stable and reliable electricity supply in the State through strategic partnerships with reputable energy experts. Governor Oborevwori, who was speaking during a high level meeting with the management of Power Acumen Consulting Ltd (PACL), Detail Solicitors and Nigeria Infrastructure Bank (NIB) […] read more Delta seeks partnership with energy experts towards 24-hr power supply
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Buni approves automatic employment for 416 graduating nurses
Mai Mala Buni, Yobe state Governor, has approved automatic employment for 416 graduating students of the Shehu Sule College of Nursing Sciences with a view to enhancing and strengthening healthcare service delivery across the State. Governor Buni announced on Tuesday during the institution’s graduation ceremony held in Damaturu, the Yobe State Capital. Buni, whose deputy, […] read more Buni approves automatic employment for 416 graduating nurses
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Iconic Awards drives networking as Lagos hosts Africa’s business elite
Iconic International Holdings is positioning its 2026 “100 Iconic Personalities of the Year” awards as more than a ceremonial event, with organisers framing it as a convergence point for investment conversations, cross-border partnerships, and leadership benchmarking across Africa. The event, scheduled for April 10 in Lagos, is expected to attract delegates from over 35 countries, […] read more Iconic Awards drives networking as Lagos hosts Africa’s business elite
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Qatar Airways further rebuilds flight schedules amid US-Iran attacks
Despite the current US lran attacks, Qatar Airways recently published its latest revised schedule, reflecting the gradual increase in flights to and from Doha to more than 120 destinations by mid-May 2026, across the airline’s global network. All flights to, and from Doha continue to operate through dedicated flight corridors established in close coordination with […] read more Qatar Airways further rebuilds flight schedules amid US-Iran attacks
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Golf: Tiger Woods faces DUI charges as prosecutors seek drug records
American golfer Tiger Woods is facing a driving under the influence (DUI) charge after prosecutors requested access to his medical and prescription drug records following a car crash near his Florida home last month. The request comes after Tiger Woods, widely regarded as one of the greatest golfers of all time, was formally charged with […] read more Golf: Tiger Woods faces DUI charges as prosecutors seek drug records
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We are seeking second term since we’ve unfinished business in Abia – Otti
Governor Alex Otti of Abia State, has said that he is seeking second term in office, because he still has unfinished work to do. He said that if he had finished the work that he came to do that he wouldn’t be seeking a second term. The governor made this known, Monday, at his country […] read more We are seeking second term since we’ve unfinished business in Abia – Otti
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Strong demand persists as 1-year T-bills yield falls to 16.20%
Investors strong demand for longer-dated Nigerian Treasury Bills pushed the one-year yield down to 16.20 percent at the Central Bank of Nigeria’s primary market auction held on Wednesday. The 364-day bill recorded the highest level of demand, with subscriptions of N2.63 trillion against an offer of N500 billion, underscoring sustained investor preference for locking in […] read more Strong demand persists as 1-year T-bills yield falls to 16.20%
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