Nigerian Entrepreneur Adefunke Kuyoro Dies at 64
Adefunke Kuyoro, former president of APPOEMN and CEO of TWC Events Services, has died at 64. Her family confirmed her peaceful passing on June 2, 2026, in a statement released June 6.
Category : Corporate News
Uzee Usman: Funding Gap Holds Kannywood Back vs Nollywood
Nollywood actor and filmmaker Uzee Usman says inadequate funding and lack of investment from wealthy northerners and politicians is the major challenge holding Kannywood back from reaching its full potential.
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Interswitch Boosts Nigeria's Revenue Collection Systems
Interswitch, as an approved Payment Service Solution Provider on Nigeria's RevOp platform, strengthens public sector revenue collection through secure, transparent digital payments infrastructure.
Nigeria's Bank Holding Rules Have One-Word Problem
Nigeria's new bank holding company rules contain a one-word issue that could create regulatory confusion and impact the financial sector.
Canadian Military Publishes Top Officer Salaries
The Canadian military has published monthly salaries for Brigadier-General, Major-General, and Lieutenant-General ranks, starting from $18,565 to $27,361.
FCCPC Updates Approved Loan Apps List in Nigeria
The FCCPC, with the CBN, updated its registry of approved digital lenders, with over 170 companies now licensed. Borrowers from unapproved apps risk harassment, hidden charges, and data breaches.
Andersen Group Buys Two Nigerian Firms for Africa Growth
Andersen Group Inc. acquires two Nigerian member firms, strengthening its African platform and presence in Nigeria's professional services market.
Michael Ugbewanko Joins Forbes HR Council
Michael Odafe Ugbewanko, a Nigerian HR leader, has been named to the Forbes Human Resources Council, a prestigious invitation-only professional community.
CBN Unveils Tough New Rules for Opay, Moniepoint, PalmPay
The Central Bank of Nigeria introduced sweeping regulations for fintechs like OPay and Moniepoint between March and June 2026, including ring-fencing and market share caps to deepen financial inclusion and tighten oversight.
Flutterwave's Fidelis Chiwara Urges Ecosystem Collaboration
Flutterwave's Fidelis Chiwara urged stronger ecosystem collaboration at the AT50 Market Open, highlighting the need for partnerships to drive Africa's fintech growth and innovation.
FCCPC Resumes Digital Lending Rules; MTN, Airtel Affected
The FCCPC has resumed full enforcement of digital lending regulations after a Federal High Court ruling, impacting MTN, Airtel, and loan apps with stricter compliance requirements.
NRS Gives Large Firms July 31 E-Invoicing Deadline
The Nigeria Revenue Service has set July 31 as the deadline for large companies to comply with e-invoicing, warning of sanctions for defaulters.
SEC targets near-zero trade fail rate under T+1 in H2 2026
The SEC aims to reduce trade failures to near zero under the new T+1 settlement cycle in the second half of 2026, enhancing market efficiency.
NGX Free Float: Mandatory 20% Rule Would Deepen Market
A mandatory 20% free float rule for NGX-listed companies could boost liquidity, attract foreign investors, and deepen Nigeria's stock market, experts say.
UBA Series: Customer Insights and Tech Shape Africa's Next Billion-Dollar Firms
UBA hosted its quarterly Business Series in Lagos, exploring how customer feedback and technology drive high-growth businesses, with a focus on financial inclusion, creative economy, sports, and SMEs.
Lasaco Posts N384.9M Profit in H1 2026 on Cost Cutting
Lasaco Assurance returned to profitability in H1 2026 with N384.9 million net profit, reversing a N731.5 million loss a year earlier, driven by cost reductions despite a 3.2% revenue decline.
Africa Prudential H1 2026 Pre-Tax Profit Up 21.68% to N2.41B
Africa Prudential's H1 2026 pre-tax profit rose 21.68% to N2.41 billion, driven by strong revenue growth across its core business segments.
Founders of Nigeria's Largest Supermarket Chains
Discover the entrepreneurs behind Nigeria's top supermarket chains like ShopRite, Spar, and Justrite, and their journeys to retail success.
From Telco to Techco: Connectivity Is No Longer Enough
Telecom operators must evolve into tech companies (techcos) to survive, as connectivity becomes a commodity. Diversification into digital services, cloud, and fintech is key.
Access Bank Wins 16 Euromoney Honours for Strategy and Innovation
Access Bank earned 16 Euromoney awards, including Best Bank in Nigeria, for its strategic innovation and social impact, reinforcing its global standing.
Iron Capital Wins Best Investment Bank Nigeria at Euromoney
Iron Capital has been named Nigeria's Best Investment Bank for Financing Solutions at the 2026 Euromoney Awards, recognizing its innovative financial advisory and capital raising expertise.
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Guinness Nigeria Opens For More Promo with ₦400M Prizes
Guinness Nigeria's Open For More National Consumer Promotion offers over ₦400 million in cash and prizes, including daily ₦1 million winners and a Toyota Land Cruiser Prado grand prize.
London to Host 7th Africa Advancement Forum Global Summit 2026
The 7th Africa Advancement Forum Global Summit will take place in London in 2026, focusing on sustainable development, investment, and innovation across Africa.
UAC Nigeria Appoints Badejo to UPDC Board in Restructuring
UAC of Nigeria Plc has appointed Group Investment Director Adebolanle Badejo to the board of UPDC Plc as part of a restructuring to strengthen governance and focus on growth.
Air Peace Blames NAHCO for Aircraft Damage, Warns of Disruptions
Air Peace has attributed damage to one of its aircraft to NAHCO's negligence, warning passengers of potential flight disruptions as repairs are underway.
UK Court Approves Airtel Africa Capital Reduction
A UK High Court granted Airtel Africa legal approval for a capital reduction, boosting distributable reserves to support future dividends, buybacks, and shareholder returns.
Wema Bank Warns Customers Over Fake Banking Apps
Wema Bank alerts customers to fraudulent apps designed to steal banking credentials, urging vigilance and caution against phishing scams.
Infinix HOT 70 Pro Launches in Nigeria with AI and IP68
Infinix officially launches the HOT 70 Pro across Nigeria, featuring the Active Matrix Cube, IP68 water resistance, 5G, and AI tools for students and creators.
CAC to Strike Off 100,000 Nigerian Companies, Gives 90-Day Deadline
The Corporate Affairs Commission has begun striking off 100,000 companies for failing to file annual returns. Affected firms have 90 days to comply or face delisting.
US Embassy Kenya Jobs: Salaries Up to KSh3.86 Million
US Embassy in Kenya announces 7 job vacancies across departments, with annual salaries up to KSh3.86 million. Applications close July-December 2026.
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