Lagos Leather Fair Introduces Second Exhibitor Cohort

By Ayomide Otitoju The Lagos Leather Fair (LLF) 2026 has unveiled the second cohort of exhibitors for its “Beyond the Hide” showcase, highlighting a new wave of designers and brands pushing the boundaries of craftsmanship, sustainability, and luxury within Nigeria’s leather industry. The organisers said the latest group of exhibitors brings fresh perspectives to the…

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Sunday-Edet Promotes Responsible Innovation in Africa

By Ayomide Otitoju As innovation continues to dominate discussions across Africa’s technology ecosystem, Emelia Sunday-Edet, Head of Product at FlashChange, has cautioned that innovation without accountability amounts to experimentation, warning that unchecked technological growth could expose millions of users to significant risks. In an opinion piece, Sunday-Edet observed that innovation has become a widely used…

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Flour Price Hits ₦53,000 Per Bag, Baker Laments

By Moyinoluwa Ojegbade The rising cost of flour and other baking ingredients is increasing pressure on bakery operators and bread retailers, forcing many businesses to carefully manage production costs and slim profit margins. Speaking on the challenges facing the industry, Mr. Olamide Banjo, a bakery manager in Ogun State, said the cost of flour has…

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Sanwo-Olu Salutes NGX Chairman Ahonsi Unuigbe at 50

By Ayomide Otitoju  Lagos State Governor, Babajide Sanwo-Olu, has congratulated the Founder and Chief Executive Officer of Petralon Energy, Ahonsi Unuigbe, on the occasion of his 50th birthday, describing him as a visionary entrepreneur and patriotic Nigerian whose achievements have contributed significantly to the country’s economic development. Unuigbe, who also serves as Chairman of the…

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FirstHoldCo Boosts FirstBank Capital with ₦45bn Injection

By Ayomide Otitoju  First HoldCo Plc (FirstHoldCo) has successfully completed the ₦45 billion second tranche of its ongoing ₦350 billion private placement programme, further strengthening the capital base of its flagship subsidiary, First Bank of Nigeria Limited (FirstBank). The financial services group disclosed that the transaction was concluded after securing all necessary approvals from the…

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Fidelity Bank Empowers 1,950 Beneficiaries in Anambra

By Ayomide Otitoju  Fidelity Bank Plc has partnered with the Anambra State Government to empower 1,950 beneficiaries through a wide-ranging intervention programme aimed at promoting economic inclusion, education, and social welfare. The initiative, implemented under the 2026 Fidelity Empowerment Programme in Awka, saw the distribution of 200 sewing and grinding machines to women entrepreneurs, N25…

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FirstBank Hosts SMEConnect Webinar on Access to Finance

By Ayomide Otitoju  FirstBank has announced that it will host the next edition of its SMEConnect Webinar on June 25, 2025, as part of its ongoing efforts to support small and medium-sized enterprises (SMEs) with access to finance and business growth opportunities. In a statement, the bank said the quarterly virtual event is designed to…

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Zambia Set for Creative Industry Summit, Arts Festival

By Ayomide Otitoju  The Ministry of Youth, Sport and Arts, the Africa Creative Market (ACM), and the National Arts Council of Zambia (NAC) have announced a strategic collaboration to host a series of major creative industry events aimed at positioning Zambia as a leading hub for Africa’s creative economy. The announcement was made during a…

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NNPC GCEO Calls for Energy Sector Integration, Tech Solutions

By Ayomide Otitoju The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has called for stronger regional integration and technology-driven solutions to advance Africa’s energy sector. Ojulari made the call in a keynote address at the ongoing Africa Technology Conference (ATC 2026) in Abidjan, Côte d’Ivoire, where he was represented by the…

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