UK Pledges Support for Women-Led Green Businesses in Nigeria
The UK has reaffirmed its commitment to advancing green growth and sustainable development in Nigeria, particularly for women-led enterprises. British Deputy High Commissioner Jonny Baxter announced this during the second edition of W.O.M.A.N by Alitheia, a high-level forum on sustainable manufacturing and agribusiness, held in Lagos. Organized by Alitheia Capital in partnership with the UK’s Manufacturing Africa program, the event convened policymakers, investors, and women entrepreneurs to...
AWS Opens Applications for 2025 Generative AI Accelerator
Amazon Web Services (AWS) has launched applications for its third Generative AI Accelerator, an eight-week global program supporting early-stage startups in AI innovation. The 2025 cohort will select up to 40 startups worldwide, offering each up to $1 million in AWS credits, mentorship, technical expertise, and educational resources. Applications run from June 10 to July 10, with the program commencing on October 13,...
ILO Adopts Landmark Biological Hazards Convention
Global workplaces gain crucial new protection as the International Labour Organisation (ILO) adopted its first-ever international standards specifically targeting biological hazards on June 13. The landmark convention and accompanying recommendation, finalized at the ILO's 113th session in Geneva, establish a binding framework to safeguard workers from viruses, bacteria, parasites, and fungi. Unions hailed the move as a major step towards universal safer...
New CITN President Urges Tax Professionals to Leverage Opportunities in Tax Reform Bills
The newly inaugurated president of the Chartered Institute of Taxation of Nigeria (CITN), Innocent Ohagwa, has called on tax professionals to take a keen interest in the ongoing tax reform bills, highlighting the significant opportunities they present. Ohagwa made this appeal during his acceptance speech at his investiture ceremony held in Lagos. The Nigerian tax reform bills, including the Nigeria...
CAC Announces Fee Review Effective August 1, 2025, Citing Economic Realities and Operational Costs
The Corporate Affairs Commission (CAC) has announced a fresh review of its service fees, set to take effect from August 1, 2025. According to the commission, the decision followed a comprehensive evaluation of current economic conditions, rising operational expenses, and consultations with key stakeholders. In a public notice seen on Tuesday, the CAC explained that the fee adjustment aims to...
Nigeria Seeks Stronger UN-Habitat Collaboration to Drive Urban Development Policy Implementation
The Federal Government of Nigeria has called for enhanced collaboration with the United Nations Human Settlements Programme (UN-Habitat) as it prepares to implement its newly approved National Urban Development Policy (NUDP). The policy, recently passed by the Federal Executive Council, is set to serve as a strategic framework for guiding urban growth in alignment with international standards, including the...
DevSecFlow Unveils AI-Powered SECOYA Platform to Bolster Cybersecurity for Nigeria’s Financial Sector
DevSecFlow, a leading cybersecurity firm, has launched its advanced security operations platform, SECOYA, designed to provide intelligent, efficient, and scalable cyber defense solutions for financial institutions and highly regulated organizations in Nigeria. The announcement was made during an exclusive executive breakfast session recently hosted by the company in Lagos. Themed “Beyond Compliance: AI-Powered Resilience for Nigeria’s Financial Future,” the...
How to Build a Timeless Business Brand in Nigeria: Proven Strategies for Lasting Success
In Nigeria’s dynamic and rapidly growing business environment, building a timeless business brand is not just an aspiration—it’s a necessity. With increasing competition and evolving consumer preferences, a strong, enduring brand can be your most valuable asset. It fosters trust, loyalty, and recognition, helping your business thrive even in challenging economic conditions. But what does it take to create...
SAP Sapphire 2025: Global Brands Showcase AI-Driven Innovations and Business Transformations
Leading global brands demonstrated their successful innovation and business transformation initiatives at this year’s SAP Sapphire, the flagship business and technology event held in Madrid, Spain. SAP Sapphire serves as the company’s premier annual gathering, bringing together customers, partners, and industry leaders to explore the latest advancements in SAP technologies. In a statement, organizers highlighted that this year’s event unveiled...
Stanbic IBTC Retains ‘AAA(nga)’ Rating for Over a Decade, Cements Top-Tier Status
Fitch Ratings has affirmed Stanbic IBTC Holdings PLC at an ‘AAA(nga)’ rating with a stable outlook, marking over 10 consecutive years of maintaining this top-tier ranking. The affirmation underscores the strength of Stanbic IBTC’s operating model, prudent risk management practices, and its strategic importance to parent company Standard Bank Group (SBG) of South Africa, which holds a 67.55% stake...
