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LBS to Champion Governance in Family Businesses in Africa

The Lagos Business School has moved to address governance gaps, succession challenges, and other structural issues affecting family-owned enterprises in Africa, with an upcoming gathering of business leaders and experts at the 2026 International Family Business Conference. The summit, organised by the Family Business Initiative of Lagos Business School, Pan-Atlantic University, will be held on...
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UBA Empowers Female Entrepreneurs with Gen.W Initiative

United Bank for Africa Plc hosted a landmark edition of its quarterly Business Series on Thursday at the UBA House in Lagos, marking International Women’s Month with a focus on the “Evolved Woman”. The hybrid event, which brought together accomplished female leaders, entrepreneurs, and professionals, served as a platform to redefine leadership, ambition, and success...
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Nigeria Poverty Rate Jumps to 63% After Subsidy Removal

About 63 per cent of Nigerians fell below the poverty line after the removal of petrol subsidy, according to a new study that examined the welfare impact of the country’s recent economic reforms. The research, presented at a stakeholders’ dialogue organised by Agora Policy in Abuja on Thursday, showed that the national poverty headcount rose...
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Ecobank Boosts Financing for Women Entrepreneurs to $780m

Ecobank Group, the leading pan-African banking institution, has announced a landmark 194 per cent surge in lending to women-led businesses, providing a record $780m in loans over the course of 2025. The announcement, made in commemoration of International Women’s Day 2026, highlights a massive scaling of the bank’s gender-focused initiatives. Total lending to registered women-led...
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External reserves in Nigeria hit 13-year high of $50bn

The Central Bank of Nigeria has announced that the country’s gross external reserves have surpassed the $50bn mark, reaching their highest level in over 13 years. Governor Olayemi Cardoso disclosed this milestone on Thursday while delivering the Distinguished Alumni Lecture at St. Gregory’s College, Lagos, in commemoration of the institution’s Founders’ Day. Addressing a distinguished...
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Matna Foods Partners Ondo to Empower Cassava Farmers

Matna Foods Company Limited has partnered with the Ondo State Government to boost youth and women’s participation in agriculture through a programme designed to empower 3,000 outgrower farmers in the cassava value chain. The company said the initiative, the Women in Sourcing and Enterprise Programme, targets mostly young women aged between 18 and 35 and...
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LCCI Advocates for Greater Support for Women in Business

The President of the Lagos Chamber of Commerce and Industry, Engr. Leye Kupoluyi has called for increased support for women in business, emphasising that empowering women entrepreneurs is essential for Nigeria’s economic growth and competitiveness. Kupoluyi made the call while speaking at an International Women’s Day event organised by the LCCI Women Group in Lagos....
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30 Banks Meet Nigeria’s Recapitalization Threshold

The Central Bank of Nigeria has officially confirmed that 30 banks have successfully met the new minimum capital requirements under the ongoing banking sector recapitalisation programme. The announcement was made on Thursday by CBN Governor Olayemi Cardoso during a Distinguished Alumni Lecture at St Gregory’s College, Lagos. It marks a critical milestone as the 31...
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AI Fuels $38.9bn Surge in Global Telecom Fraud

Telecommunications companies are facing a growing surge in fraud that cost the industry an estimated $38.9bn in 2023, as artificial intelligence enables criminals to scale and sophisticate their operations, PricewaterhouseCoopers said in a report. The study, titled “AI’s Dual Role in Telecom Fraud”, said rapid technological advances are reshaping the threat landscape, allowing attackers to...
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Telecom & Energy Firms Exploit Nigerians Most

Energy, fintech, and telecommunications companies generate the highest number of consumer complaints in Nigeria, the Federal Competition and Consumer Protection Commission has declared. The agency’s Executive Vice Chairman, Tunji Bello, made this known on Thursday while briefing State House correspondents at the Aso Rock Presidential Villa, Abuja. Bello said the commission had received thousands of...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

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Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...