Transcorp Hotels Q1 2026 Profit Up 15% on Revenue Growth
Transcorp Hotels Plc announced Q1 2026 results with revenue up 9% to ₦22.41bn and profit before tax up 15% to ₦7.08bn, driven by operational efficiency and cost optimization.
Category : Corporate News
Dangote's Net Worth Soars to $33.2 Billion in 2026
Aliko Dangote's net worth surged to $33.2 billion in 2026, driven by his refinery's success, making Nigeria a net fuel exporter and expanding into petrochemicals.
NAE to Confer Honorary Fellowship on Aliko Dangote
The Nigerian Academy of Engineering will award Aliko Dangote an Honorary Fellowship on April 25, 2026, recognizing his pivotal role in advancing engineering-driven industrialisation across Africa.
Olugbodi Receives Lifetime Achievement Award at HR Expo Africa
The Human Resources Expo Africa Awards 2026 has presented Dr Alexander Olugbodi with a Lifetime Achievement Award for his decades of leadership in HR and workforce development, recognizing his transformative impact on the profession.
Productivity Now Measured by Value Creation, Says HR Expert
Erefe Coker, founder of HR Expo Africa, asserts that productivity today is gauged by value creation, not hours worked, at a Lagos event. Speakers highlight AI's role and coaching needs.
Nana Otedola: Wife of Billionaire Femi Otedola's Own Success
Nana Otedola, wife of Nigerian billionaire Femi Otedola, built her own business empire with Garment Care while raising four children. Learn about her life, career, and family beyond her husband's wealth.
FCCPC and Lagos Partner to Strengthen Consumer Protection
The Federal Competition and Consumer Protection Commission (FCCPC) and Lagos State Consumer Protection Agency (LASCOPA) have signed a memorandum of understanding to enhance enforcement and fair market practices in Nigeria's commercial hub.
Budweiser Royale Launched in South South Nigeria
International Breweries Plc introduces Budweiser Royale, a super-premium beer, to the South South region, targeting consumers with a taste for sophistication and bold flavors.
ICAN Calls for Transparency in Corporate Reporting
The Institute of Chartered Accountants of Nigeria advises companies to ensure consistent public disclosure of annual reports to boost investor confidence and economic stability.
Prince Samuel Adedoyin Receives Lifetime Achievement Awards
Prince Samuel Adedoyin, founder of Doyin Group, receives Lifetime Achievement Awards from Independent Newspapers and Vanguard Media for his contributions to Nigeria's development.
Vaseline Launches WhatsApp Tool to Combat Fake Skincare in Nigeria
Vaseline introduces a WhatsApp-based authentication tool to help Nigerian consumers verify genuine skincare products amid a growing counterfeit crisis, partnering with Chris Okagbue to promote authenticity.
MultiChoice Freezes DStv Prices in 2026 to Win Back Subscribers
MultiChoice announces DStv subscription price freeze for 2026, introduces bill-splitting features, and moves Showmax content to DStv Stream as part of strategic turnaround.
Ryan Giggs Loses £100,000 in Restaurant Investment Collapse
Manchester United legend Ryan Giggs has lost nearly £100,000 after his restaurant, George's Dining Room and Bar, collapsed with over £563,000 in debts, leaving creditors unpaid.
Sir Uyi Responds to Critics Over Nightclub Allegations
Uyi Ogbebor, CEO of Vaniti Lagos, defends his business against claims of selling fake drinks, highlighting his employment of over 1,300 Nigerians and warning critics to back off.
CMSL Commits to Global Best Practices for Business Growth
Contact Marketing Services Limited (CMSL) pledges to leverage new media technologies and innovative strategies to help companies increase revenue, expand market reach, and optimize trade channels without high hiring costs, as announced by its management t
Tim Cook Steps Down as Apple CEO, John Ternus Takes Over
Apple announces Tim Cook's transition to executive chairman after 15 years as CEO, with hardware engineering head John Ternus set to succeed him effective September 1, 2026.
Sir Uyi Ogbebor Defends Vaniti Lagos Against Critics
Sir Uyi Ogbebor, CEO of Vaniti Lagos, has issued a strong rebuttal to allegations of serving fake drinks, emphasizing his business's economic impact and apolitical stance.
Excessive Respect for Authority Undermines Strategy Execution
A deep dive into how organizational cultures that prioritize deference over dialogue can silently sabotage strategy execution, leading to incomplete plans and delayed corrections.
Foundation Distributes Food to 200+ Vulnerable Residents in Abuja
The Catherine Ade Foundation provided food items to more than 200 women and children in Abuja's Jahi II Community, including rice, oil, and refreshments, to support families facing economic pressures.
Tim Cook Steps Down as Apple CEO, Ternus Takes Over
Apple announces CEO Tim Cook will step down after leading the company to a $4 trillion valuation. John Ternus, senior VP of hardware engineering, will become CEO on September 1, with Cook transitioning to executive chairman.
Vaseline Fights Fakes with Nigerian Prince and WhatsApp Tool
Vaseline partners with Prince Chris Okagbue to launch a WhatsApp-based authentication tool, empowering Nigerian consumers to verify genuine Vaseline Body Oils and combat counterfeit skincare products.
Luis Figo Named TenTrade Global Ambassador
Legendary footballer Luis Figo partners with TenTrade as global ambassador, launching the 'Inspiring the Next Number 10' campaign to promote excellence and support in trading.
Goldberg 'Back to Bars' Offers Super Eagles Live Match Trips
Nigerian Breweries' Goldberg beer launches 'Back to Bars' campaign, rewarding fans with airtime and trips to watch Super Eagles live in the UK or Portugal.
BBC to Cut Up to 2,000 Jobs in Major Downsizing Move
The BBC has revealed plans to eliminate up to 2,000 positions, marking its most significant workforce reduction since 2011. The cuts come amid severe financial pressures, including a £600 million cost-cutting initiative and declining license fee revenue.
FCCPC: No Ban on Airtime or Data Borrowing Services
The Federal Competition and Consumer Protection Commission clarifies it has not banned airtime or data borrowing services, attributing disruptions to operator compliance issues with new regulations.
OAAF's Viral Outreach Aids Vulnerable Lagos Residents on Founder's Birthday
The Olayinka Aderinkola Akinrinola Foundation conducted a mass humanitarian outreach in Lagos, distributing food and clothing to vulnerable Nigerians, with a viral video highlighting the initiative on the founder's birthday.
NIVEA N3b Giveaway Ends, Millionaire Winners Await Reveal
NIVEA's N3 billion consumer promotion has reached its final stage, with grand prize winners, including SUV recipients and Spain trip winners, to be unveiled after rewarding over 700,000 Nigerians nationwide.
Ezekiel Ainabe at 80: Legacy of Resilience and Service
Chief Dr. Ezekiel Aikohi Ainabe celebrates his 80th birthday, reflecting on a life of discipline, business success, and community impact. From humble beginnings in Edo State to leading Kohi Engineering, his journey inspires with lessons on hard work and s
Adesuwa Ogiozee on Customer Blackmail and Contract Sabotage
Entrepreneur Adesuwa Renee Ogiozee reveals a wave of customer blackmail and contractual sabotage in the luxury auto industry, tracing it to past FBI wrongful profiling. She details a dispute with a client over refund demands and warns against digital expl
Nigerian Breweries Overcomes FX Burden, Eyes Profitability
Nigerian Breweries has eliminated foreign exchange liabilities, achieving a turnaround with N161 billion profit before tax in 2025, and now focuses on sustaining growth through local supply chains and financial hedging.
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