Africa’s technology ecosystem witnessed a clear strategic shift in 2025, as companies increasingly turned to mergers and acquisitions to drive growth, rather than relying on large funding rounds. Industry data …
Business Policies
Thousands of users of ChatGPT, the artificial intelligence chatbot developed by OpenAI, were left stranded yesterday after the platform experienced a widespread service outage that disrupted conversations and access across …
Unilever Nigeria Plc has reported a 99 per cent jump in profit after tax to N30.7 billion for the financial year ended December 31, 2025, buoyed by strong revenue growth, …
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91% of Nigerian CEOs Optimistic Economy Will Improve in 2026 — PwC Survey
A new survey by PwC Nigeria has revealed rising confidence among business leaders, with 91 per cent of Chief Executive Officers (CEOs) expressing optimism that Nigeria’s economy will improve in …
The Federal Airports Authority of Nigeria, FAAN, will begin the implementation of new air cargo tariffs from February 2, 2026, bringing to an end almost 20 years without an upward …
By a strategic boardroom move seen as strengthening investor confidence, Africa’s foremost industrialist, Aliko Dangote, has appointed Zimbabwean business leader and MTN Group President/CEO, Ralph Mupita, to the board of …
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PIDG exits InfraCredit Nigeria signalling market confidence in domestic credit enhancement
The Private Infrastructure Development Group (PIDG), through its project development arm, InfraCo, has exited its $26 million preference share investment in InfraCredit Nigeria, posting a strong return despite a tough …
- AFRICA NEWSBusiness Policies
BUA Foods reports N534.8 billion profit in 2025, revenue hits N1.8 trillion
BUA Foods Plc has posted a pre-tax profit of N534.8 billion for the 2025 financial year, almost double the N284.3 billion recorded in 2024, according to its audited results filed …
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Moniepoint processes N412trn Transactions, Deepens Grip on Retail Payments
Nigerian fintech giant, Moniepoint, has processed transactions valued at N412 trillion in 2025, further cementing its dominance in the country’s retail payments space. The company also disclosed that it disbursed …
The Federal High Court in Abuja has ordered the final seizure and forfeiture of a Bombardier BD-700 Global 6000 aircraft to the Federal Government, following a suit filed by the …