Author: Gift Ifeanyi

Once considered beyond the reach of digital retail, Nigeria’s rural communities are now becoming the new growth frontier for e-commerce—and Jumia is leading the charge. The company has unveiled the second edition of its “E-Commerce in Rural Areas” report, revealing how digital trade is reshaping local economies, empowering entrepreneurs, and bridging Nigeria’s widening digital divide. Held at Jumia’s Lagos headquarters, the report launch drew an audience of business leaders, logistics partners, government officials, and journalists—each witnessing firsthand how technology is transforming markets once dominated by informal trading. Rural Nigeria: The New Growth Engine According to Jumia’s findings, nearly half of…

Nigeria’s creative economy has taken a bold step forward with the unveiling of the Ananse Center for Design Lagos, a new innovation hub set to redefine the future of fashion and design across Africa. The project, a collaboration between Ananse, the Mastercard Foundation, and the Federal Ministry of Art, Culture and the Creative Economy, is dedicated to transforming local creativity into sustainable enterprise through training, mentorship, and market access. A Space Where Creativity Meets Opportunity Located at 10 Nike Art Gallery Road, Lekki Ikate, the 1,200-square-meter facility is more than just a workspace — it’s a launchpad for Nigeria’s next…

In the bustling heartbeat of Abuja, where ambition meets opportunity, one woman’s name has begun to echo through conversations about elegance, wellness, and entrepreneurship — Beauty Ulunma Nmasinachiglam, affectionately known as Nma. But behind the glamour lies a story that began far from the polished walls of her boutique and spa — a story rooted in faith, perseverance, and bold reinvention. Long before she became a symbol of refined taste and empowerment, Nma was a young Accounting student at Imo State University, juggling textbooks with a budding hustle. What started as selling clothes to classmates to make ends meet soon…

In an era where many Nigerian stars take their biggest milestones abroad, Natasha Akide, better known as Tacha, chose to make a bold statement — home is where greatness begins. When the reality TV icon and entrepreneur decided to attempt a Guinness World Record for the most makeovers in 24 hours, she could have done it anywhere. London was on the table, complete with international sponsors and global exposure. Yet, she chose Lagos, not out of convenience, but conviction. “London won’t give me the vibes I want,” she explained during an interview with influencer Egungun at the Tacha Beauty Festival.…

Ahead of the WIMBIZ 24th Annual Conference, Women in Management, Business, and Public Service (WIMBIZ) has confirmed that its highly anticipated Annual Conference will feature an inspiring keynote from Arunma Oteh, with Hon. Justice Amina Augie Rtd., Former Justice of the  Supreme Court of Nigeria, serving as Chairperson. The hybrid event, themed “O.W.N: Own. Walk. Nurture.” is set to take place with both virtual and physical attendance options, bringing together women from various sectors around the world in different countries like the United Kingdom, United States, Canada, Ghana, Cameroon, United Arab Emirates and lots more come together to engage in…

As Lagos edges toward another defining political season in 2027, public conversations have already shifted from “who’s next?” to “what kind of leader does Lagos truly need?” For a city that sets the rhythm for Nigeria’s economy, shapes its culture, and commands global attention, Lagos isn’t merely another state awaiting an election — it is an ecosystem whose leadership determines the pace of national progress. The expectations are enormous: vision, intellect, empathy, and an understanding of the delicate balance between local needs and global relevance. Amid growing speculation and emerging names, one figure continually draws attention — Seyi Tinubu, a…

In a world where hiring the right talent often feels like a gamble, two Nigerian innovators — Obinna Umeh and Emmanuel Ajayi — are rewriting the rules. Their startup, Growwr, founded in early 2024, is quietly becoming one of Africa’s most promising contributions to the future of global work. At its core, Growwr is solving one of the most persistent problems in recruitment: trust. Across much of Africa and beyond, hiring remains slow, biased, and riddled with inefficiencies. Recruiters spend weeks — sometimes months — filtering candidates, while skilled professionals battle fraudulent job listings, low pay, and limited access to…

At the heart of New York City’s Waldorf Astoria, during the 60th Annual Gala of the Appeal of Conscience Foundation (ACF), the spotlight turned to a man whose life’s work has reshaped the narrative of African enterprise — Tony Elumelu, celebrated entrepreneur, philanthropist, and proponent of Africapitalism. The Nigerian business leader received the 2025 Appeal of Conscience Award, a distinction reserved for individuals whose leadership embodies moral courage, human dignity, and the belief that business can advance peace and progress. Founded by Rabbi Arthur Schneier, the ACF has, for six decades, honoured global figures who bridge profit and purpose —…

When the lights came on at the new Ahmadu Bello International Conference Centre in Bauchi, it wasn’t just a ribbon-cutting—it was a declaration of intent. Nigeria’s former President, Olusegun Obasanjo, stood before a crowd of dignitaries on October 8, 2025, and captured the essence of the moment: no nation thrives in isolation. For Obasanjo, the gleaming facility wasn’t merely an architectural achievement—it was a doorway to global connection. He described it as a bridge between Bauchi and the wider world, a space where ideas, investors, and innovators can converge to shape the region’s economic future. Under the leadership of Governor…

In an era where uncertainty tests the strength of leadership, the Chartered Institute of Directors Nigeria (CIoD) is setting the stage for one of the most anticipated business gatherings of the year — the 2025 Annual Directors’ Conference (ADC2025). Scheduled to take place from October 22 to 23, 2025, at the Abuja Continental Hotel, the conference promises to gather a powerful mix of corporate executives, policymakers, innovators, and regulators under one unifying theme: “Leading Through Change: Building Sustainable and Inclusive Enterprises.” Speaking at a press briefing in Lagos, the President and Chairman of the Governing Council, Otunba Adetunji Oyebanji, described…

As the world’s maritime leaders gather in Kobe, Japan, for the World Port Conference (IAPH 2025), Nigeria is making its presence felt through the forward-thinking leadership of Dr. Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA). Representing Africa’s largest economy, Dr. Dantsoho is spearheading discussions on how ports can reinvent themselves amid global uncertainty under the conference’s theme, “Reinvention and Prosperity in Turbulent Times.” The summit, which draws policymakers and industry experts from more than 89 nations, serves as a platform for collaboration on innovation, digital transformation, and environmental resilience in the maritime sector. In an update shared…

Nigeria’s struggle with crude oil theft has taken on alarming proportions, as new data from the Nigeria Extractive Industries Transparency Initiative (NEITI) reveals that the country lost nearly 13.5 million barrels of crude oil—worth $3.3 billion—between 2022 and 2023. The figure, according to Dr. Ogbonnaya Orji, Executive Secretary of NEITI, represents more than just an economic tragedy. It underscores a crisis of governance and accountability in a sector central to Nigeria’s national survival. Speaking at the 2025 Conference of the Association of Energy Correspondents of Nigeria (NAEC) in Lagos, Orji said the losses could have funded Nigeria’s entire federal health…

MTN Nigeria is stepping up efforts to transform the country’s digital landscape with a bold plan to extend its fibre network to more than eight million homes by 2028 — a move set to redefine broadband access for millions. The initiative comes as part of the telecom giant’s broader push to bridge connectivity gaps and fast-track Nigeria’s digital transformation under the government’s National Broadband Plan and Digital Economy Policy. Rather than relying solely on existing infrastructure, MTN is adopting a community-driven rollout strategy that brings together state governments, infrastructure firms, and local contractors to accelerate fibre deployment. The company said…

Nigeria is turning to one of its most powerful yet underutilized assets — its global diaspora — as a new wave of investment and innovation takes center stage in national development efforts. In November 2025, the country will host the 8th Nigeria Diaspora Investment Summit (NDIS) in Abuja, a high-level gathering aimed at linking Nigerians abroad with local opportunities across technology, health, agriculture, and the creative economy. The event will feature President Bola Tinubu as Special Guest of Honour, reflecting the government’s growing recognition of the diaspora’s role in rebuilding and diversifying the nation’s economy. According to Abike Dabiri-Erewa, Chairman…

For years, Nigeria’s oil and gas industry stood as both a symbol of national promise and persistent failure — rich in potential yet drained by inefficiency, secrecy, and corruption. Today, a quiet revolution is taking place within that same sector — one built not on rhetoric, but on reform and measurable results. At the Citizens Connect Conference in Lagos, energy governance expert Prof. Josiah Danladi described the transformation underway as nothing short of “a bold recalibration of Nigeria’s upstream oil and gas landscape.” He credited President Bola Tinubu’s administration for restoring public and investor confidence through a governance model anchored…

In a season when many Nigerian firms are struggling to stay afloat amid inflation and fluctuating economic realities, the BUA Group has once again proven that adaptability is its most valuable currency. Known for aligning quickly with the nation’s shifting economic tides—whether through wage adjustments to shield employees from inflation or price recalibrations to sustain affordability—BUA is turning resilience into remarkable profitability. Its flagship subsidiary, BUA Foods Plc, has become the crown jewel of Nigeria’s consumer goods sector, delivering an extraordinary ₦260.07 billion profit, the highest among listed companies in its category.According to data from Nairametrics, the firm posted ₦912.5…

Nigeria’s diaspora community continues to prove its strength as a driving force in the nation’s economic revival. Through the Nigeria Diaspora Investment Summit (NDIS), investments worth over ₦673 million were secured in 2024 — a milestone the Nigerians in Diaspora Commission (NiDCOM) credits to years of consistent engagement and partnership with global investors of Nigerian origin. Announcing the upcoming 8th edition of the summit, scheduled for November 11–13, 2025, in Abuja, NiDCOM Chairperson Hon. Abike Dabiri-Erewa revealed that President Bola Ahmed Tinubu will attend as the Special Guest of Honour. She emphasized that the summit has become a cornerstone event…

In an economy defined by constant change, where startups rise and fade with the tides of innovation, true endurance remains the rarest achievement of all. For ten years, Techpoint Africa — now part of Businessfront — has captured the pulse of Africa’s evolving innovation landscape: the bold founders, disruptive ideas, and technological revolutions that redefined industries. But a decade of storytelling offers clarity. Longevity in business isn’t luck — it’s vision sustained through decades of uncertainty. And as Businessfront marks this milestone, the question has shifted from who’s building fast to who’s built to last. That reflection has birthed Businessfront…

Nigeria’s growing digital infrastructure is emerging as a major catalyst for economic transformation, according to the World Bank’s latest Africa’s Pulse report. The institution notes that expanding broadband coverage and sustained investment in digital technologies are creating new employment opportunities and boosting productivity across several key sectors. The report highlights that the rollout of submarine fibre optic cables and last-mile broadband networks has directly contributed to a 5–7 percent rise in employment in Nigeria and similar economies such as Kenya and Ghana. “The adoption of digital technologies is having measurable effects on productivity and job creation,” the World Bank said.…

In recognition of her enduring impact on Nigeria’s marketing and communications space, Odiri Erewa-Meggison, Corporate and Regulatory Affairs Director at British American Tobacco (BAT) West and Central Africa, has been honoured as the Corporate and Brands Communications Personality of the Decade by Marketing Edge Publications Limited. The recognition highlights her trailblazing contributions to corporate strategy, stakeholder relations, and brand leadership — qualities that have positioned her as one of the most influential voices in corporate affairs across Africa’s private sector. A trained lawyer and Chartered Secretary, Erewa-Meggison holds a Master’s degree in International Relations from the University of Kent, Canterbury,…