Business Intelligence

MTN Nigeria and Airtel Nigeria reported a combined quarterly EBITDA of over N1.18 trillion in Q1 2026, indicating a strong recovery driven by increased data consumption and tariff adjustments. MTN Nigeria's Q1 2026 EBITDA reached N828 billion, while Airtel Nigeria's quarterly EBITDA stood at $284 million, which converts to roughly N393.6 billion....

The Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, is calling on financial institutions to treat women entrepreneurs as a strong and profitable market segment, rather than a group that needs charity. She argues that women-led businesses have consistently shown good repayment records and smart investment decisions, making them...

The U.S. Mission in Nigeria recently trained 100 entrepreneurs in Ibadan, Oyo State, through a business incubator program. The program, themed "From Ideas to Enterprises – Building Businesses that Work," aimed to strengthen enterprise development and innovation. Participants were exposed to key areas such as business fundamentals, digital economy,...

The PMI Global Summit Series will be held in Cape Town from September 14-15, 2026, hosted by PMI Sub-Saharan Africa. This summit is considered Africa's largest platform for advancing project delivery, leadership, and innovation. George Asamani, Managing Director, PMI Sub-Saharan Africa, emphasized that the theme "Africa Delivers M.O.R.E Together"...

The Abuja Chamber of Commerce and Industry (ACCI) will host a stakeholder roundtable on mobilizing non-interest funding for women-owned businesses, aiming to improve financial inclusion and expand access to capital for female entrepreneurs.

Platnova Technologies Limited is calling for a unified and interoperable payments system across Africa, citing fragmented financial infrastructure as a major constraint to growth. The firm's CEO, Benjamin Oyemolan, argues that cross-border payments should be as seamless as internet communication. The company is pushing for stronger integration...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to strengthening indigenous participation in Nigeria’s oil and gas industry. NUPRC Chief Executive Oritsemeyiwa Eyesan emphasized the critical role of indigenous operators in expanding production and driving long-term industry resilience. Ingentia Energies...

Nigerian Aviation Handling Company (NAHCO) Plc's shareholders have significantly outperformed average investors in the Nigerian equities market, driven by strong operational fundamentals. NAHCO's audited report for 2025 revealed a 30% jump in profit before tax, reaching N24.256 billion, and a 39.91% increase in net profit to N17.999 billion....

The Nigerian Shippers Council has welcomed a $600 million investment by APM Terminal in Nigeria's maritime sector, citing its commitment to sustainable high operational standards and a balanced trade position. The Council's Executive Secretary, Dr. Pius Akutah, expressed optimism about Nigeria's export growth and diversification opportunities. The...

The Lagos Chamber of Commerce and Industry (LCCI) has urged Nigerian businesses to adopt artificial intelligence (AI) on a larger scale, citing the potential for the AI market to exceed $430 million by 2026. The LCCI AI Summit highlighted the need for businesses to effectively deploy intelligent systems to stay competitive. The event brought...