Nestlé Nigeria has extended its flagship initiative, Nestlé Empowering Rural Women in Nigeria, to Agbara, Ogun State, welcoming 49 new female entrepreneurs into the programme. The scheme, now in its …
Business
-
BusinessCorporate Social Responsibility,DevelopmentEconomyNigeriaYouth Empowerment
-
BusinessCorporate EarningsFinanceInsuranceNewsNigeria
FBS Reinsurance Grows Insurance Revenue by 85% to N50.9bn in 2024
FBS Reinsurance Limited, an indigenous player in Nigeria’s insurance sector, has reported a strong financial performance for the 2024 financial year, with insurance revenue rising by 85 per cent to …
-
AwardsBusinessCorporate EarningsFinance & ServicesInsuranceLeadershipLeadwayNigeria
AIICO, Leadway, NEM, Others Make 2025 Almond Insurance Industry
The Nigerian insurance industry is set for another major celebration as top companies and industry leaders have been shortlisted for the 2025 Almond Insurance Industry Awards. The nominees were officially …
-
BusinessEconomyFinanceNigeriaTransportation
SAHCO Records 155% Profit Growth in Half-Year 2025 Results
Skyway Aviation Handling Company Plc (SAHCO) has reported a profit after tax of N8.14bn for the half year ended June 30, 2025, marking a 155.4 per cent jump from N3.19bn …
-
BusinessEconomyGOVERNMENTNigeriaTaxationTechnology
FG launches E-fiscal platform to crack down on tax evasion
The Federal Government has started the rollout of a new national Electronic Fiscal System (EFS) aimed at modernising Nigeria’s tax administration, reducing tax evasion, and improving transparency in revenue collection. …
-
BusinessEastern AfricaGovernment PolicyInfrastructureReal Estate
KMRC Praised for Advancing Kenya’s Housing Agenda
The Kenya Mortgage Refinance Company (KMRC) has been praised for playing a major role in advancing President William Ruto’s affordable housing plan under the Bottom-Up Economic Transformation Agenda (BETA). The …
-
AviationBusinessCorporate EarningsEconomyFinancial InclusionNigeriaTransportation
SAHCO sees 131% surge in Q2 profit
Skyway Aviation Handling Company Plc (SAHCO) has reported strong financial growth for the second quarter of 2025, with its profit after tax rising by 131 per cent. The company posted …
-
BusinessHospitalHospitality, Travel & TourismINVESTMENTNigeriaReal EstateTravel & Tourism
Lagos Airport Hotel Begins Full Redevelopment With Opening of Renovated Harold Block
The management of Lagos Airport Hotel in Ikeja, Lagos, has kicked off a major redevelopment of the historic facility with the official reopening of its newly renovated Harold Block. The …
-
BusinessEnergyInfrastructureLabourTelecommunications
Telecom Sites in Nigeria Face Shutdown Risk as Diesel Blockade Disrupts Operations
Thousands of telecom towers across Nigeria may soon shut down due to a diesel supply crisis caused by a blockade at major fuel depots. The standoff, involving petroleum workers and …
-
BusinessEconomyFinanceGovernment PolicyTaxationTrade and Commerce
Kenya Mulls VAT Refund Offsets as Ruto Courts Businesses
Kenyan businesses could soon be allowed to use their pending Value Added Tax (VAT) refunds to pay off other tax obligations if a proposal presented to President William Ruto is …