SAHCO is going full tilt trying to turn itself into some aviation mega-hub by jumping into e-commerce logistics, helicopter ops, training academies, and cargo packaging. The managing director said they grabbed a bunch of land at Lagos Airport for warehouses and a hotel, and they want to push...
Unilever Nigeria brought Uchenna Nwakanma onto the board as an executive director after he spent over two decades grinding through the consumer goods sector. The guy ran research and development teams at PZ Cussons and Reckitt Benckiser at different points, working on everything from home care...
Majeurs Holdings just scored their MANCAP certification from the Standards Organisation of Nigeria, which basically means their furniture passed all the quality checks. The company's CEO said this whole thing proves they've been serious about using good materials and keeping their production...
234Finance locked down some serious banking muscle for their Mentor Matchup Challenge 7.0 event, getting Zenith Bank to anchor the whole thing with Providus Bank, VFD Group, Fidelity Bank, and Access Bank jumping on board. The platform is pushing this continental free trade agenda by connecting...
Dangote Refinery is cranking out 50 million liters of gas per day through the holidays to make sure nobody gets stranded at the pump. Aliko Dangote said they're sitting on decent stockpiles and pumping out 40 to 45 million liters daily, and they want regulators to swing by and verify the numbers...
House Speaker Tajudeen Abbas rolled through Zaria and basically told the old Congress for Progressive Change crew they need to get their act together for the 2027 presidential run. He was there launching a Tinubu support group for Northern Kaduna, and he kept hyping up how the former CPC people...
Wole Soyinka dropped by his old school and told the government they need to lock down campus security because kids are getting snatched left and right. The Nobel Prize winner said this whole mess has gotten bad enough that security awareness should become an actual class students take, and he...
OPEC locked Nigeria into the same 1.5 million barrels per day production cap through the end of 2026, basically keeping things frozen for another two years. The oil cartel made the call at their ministerial meetup and said they'll keep monitoring market conditions through their joint committee...
Nigeria's airline scene is about to get pretty chaotic as three new carriers are jumping in right before the holidays. Binani Airlines is kicking things off this week and apparently their flights are already sold out on the website. The other two startups are Pioneer Airlines, backed by Bayelsa...
Nigeria's 5G rollout has been kind of a flop despite all the buzz, with only three percent of internet users actually on it. The Nigerian Communications Commission says most people are still stuck on 4G and 2G networks, and globally, the situation isn't much better for poorer nations, where just...
Saudi Arabia wants to team up with Nigerian and African startups to pump up food production and drive innovation across the region. Abdulaziz Alsaif, who serves as Vice Chairman at Entrepreneurship Vision, said the Kingdom is opening doors for African founders who need venture capital to break...
Energy & LLP just bought into Falcon Corporation after BKM & S Konsult bailed on their stake, and the deal apparently signals that someone still believes Nigeria's gas infrastructure can actually work. Deputy managing director Audrey Joe-Ezigbo said the cash injection helps Falcon push ahead...
Legend Internet just wrapped up its Series 1 commercial paper sale and pulled in nearly 120 percent subscription, which basically means investors wanted way more than what was available. CEO Aisha Abdulaz said the oversubscription shows people actually trust the company's financials and...
Greenwich Merchant Bank grabbed top honors at the FMDQ Gold Awards for having the cleanest compliance record among dealing members operating in Nigeria's fixed-income and derivatives markets. The trophy goes to whoever racks up the fewest violations while sticking to FMDQ's operational rules...
Africa Finance Corporation and Nigerian Exchange threw a two-day workshop in Lagos to teach finance people how to actually fund infrastructure projects through capital markets, and the whole thing centered on Nigeria's nightmare-tier funding gap that could hit 2.3 trillion dollars by 2043. Banji...
Accion Microfinance Bank just opened its 75th location in Kaduna State and spent two days hitting up markets like Abubakar Gumi, Chanchangi, and Kawo to talk up their savings products and loan options before the ribbon cutting. CEO Taiwo Joda said the branch puts banking services right where...
AltBank dropped a package for small businesses at the Kano trade fair that wipes out fees for digital signups and throws in free payment tools plus advisory help for traders across northern Nigeria. Garba Mohammed from the bank said they grabbed a 15 million dollar facility for trade and...
Marble Capital just hit its five-year mark, and CEO Akeem Oyewale talked up how the firm became the first in Nigeria to launch a Shariah-compliant commodities fund approved by the SEC. The company grabbed Islamic Asset Management Firm of the Year trophies in 2022 and 2023, got tagged as the...
Nigeria's social insurance fund boss, Oluwaseun Faleye, showed up at the international trade fair in Lagos and told everyone the agency handles claims when workplace accidents mess people up. The fund went through a bunch of upgrades over the past year with better transparency on processing...
UNICEF teamed up with Lesotho's gender ministry to push the YOMA platform at a youth event in Semonkong, and the whole thing targets herders and other kids stuck in remote spots who normally get zero access to training programs. Deputy Principal Secretary Thae Makhele kicked off the two-day...
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