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Nigeria’s Data Game Levels Up As Airtel Launches NXtra Data Centre
Airtel Nigeria has officially kicked off operations at its NXtra Data Centre in Eko Atlantic, Lagos, marking a major milestone in the country’s data evolution journey. This hyperscale, edge-ready facility is set to significantly expand…
Coca-Cola Unveils Plans To Invest Additional $1bn In Nigeria
The Coca-Cola Company has announced plans to invest an additional $1 billion in its Nigerian operations, aiming to boost production, strengthen supply chains, and enhance workforce training nationwide. This investment will also…
Wema Bank Launches Valentine’s Day Campaign To Support ALAT upgrade
Wema Bank has launched its 2026 Valentine’s Day campaign as part of activities marking the rollout of new features on its digital banking platform, ALAT.
The campaign, themed “Evolution of Love,” is inspired by the recent…
UAC 2025 Report: Revenues Rises By 74%, Profits Plunge
UAC Nigeria PLC closed the 2025 financial year with a striking contrast: exceptional revenue growth on one hand, and sharply weakened profitability on the other, underscoring the short-term cost of the group’s aggressive expansion…
Google Partners African Universities To Launch WAXAL African Language Dataset
Google is partnering African universities and research institutions to launch WAXAL, a large-scale open speech dataset for African languages.
The dataset covers 21 Sub-Saharan African languages, including Hausa, Yoruba, Igbo,…
Access Bank Appoints Ifeyinwa Osime As Board Chairman
Access Holdings Plc has announced the appointment of Ifeyinwa Osime as the board chairman of Access Bank, its key subsidiary. This follows the retirement of Paul Usoro , SAN, who stepped down on January 29, 2026, after completing…
Sterling HoldCo Hits N90.7 Billion Profit, Records 98% Increase In 2025
Sterling Financial Holdings Company Plc (Sterling HoldCo), the parent company of Sterling Bank Limited, has reported a 98.3% increase in profit before tax, translating to N90.73 billion, for the year ended December 31, 2025.
The…
Lafarge Africa Reaffirms Commitment To Nigeria’s Infrastructure With 5.5m Metric Tonne Production…
Lafarge Africa Plc, a building solutions company and manufacturer of premium products and solutions brands across cement, mortar and readymix concrete, has reaffirmed its commitment to strengthening local cement production with the…
Elizade JAC Autoland, Sterling Bank Forge Strategic Partnership To Democratize New Vehicle Ownership…
Arvind Bhardwaj, Chief Operating Officer; Elizade JAC Autoland; Demola Ade-Ojo, MD/CEO, Elizade JAC Autoland; David Adebayo, VP, Consumer Banking at Sterling Bank; Oluwaseun Ayanbadejo, Head, Corporate Sales, Elizade JAC Autoland and…
BUA Foods Hits N534.8 Billion Profit In 2025 As Revenue Surges To N1.8 Trillion
BUA Foods Plc has released its unaudited consolidated financial statements for the year 2025 to the Nigerian Exchange Limited (NGX). The result was a financial upturn, including a pretax profit of N534.8 billion for 2025, nearly…