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Author: Gift Ifeanyi
Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.
At the 2025 Global Entrepreneurship Congress (GEC) in Indianapolis, USA, Nigeria secured critical bilateral partnerships aimed at advancing its economic transformation agenda through entrepreneurship and innovation. Representing the nation, Senator John Owan Enoh, Minister of State for Industry, reaffirmed Nigeria’s unwavering dedication to an entrepreneurship-driven industrial renaissance. Delivering President Bola Ahmed Tinubu’s message during the ministerial plenary, Enoh emphasized the government’s focused strategy to empower Micro, Small, and Medium Enterprises (MSMEs) as key drivers of economic diversification, job creation, and inclusive development. With over 39 million MSMEs contributing approximately 84% of Nigeria’s total employment, Enoh highlighted the sector’s pivotal role…
The stereotypical image of the Nigerian farmer—overworked, underpaid, and toiling under a harsh sun—was powerfully challenged at the first-ever PricePally Impact Summit, held in Lagos from May 22 to 23, 2025. With the theme “From Farm to Table: The Future of Fresh Foods – Sustainable, Affordable, and Accessible,” the two-day summit convened key players across Nigeria’s agricultural value chain—farmers, policymakers, tech innovators, investors, and entrepreneurs—to chart a new course for the nation’s food ecosystem. A central message echoed throughout the event: Nigerian farmers must no longer be seen as victims of a broken system. Instead, they should be acknowledged and…
A transformative programme known as SKY Girls is reshaping the future of young Nigerian girls by equipping them with vital life skills, entrepreneurial ambition, confidence, and a strong sense of identity and purpose. Launched to help teenage girls navigate societal pressure and assert their individuality, SKY Girls has gained momentum across educational and community spaces. The initiative empowers girls to embrace their authentic selves, develop small businesses, and build resilience in the face of modern-day challenges. Mrs. Dinah Timothy, an educator at Yason Schools in Kaduna State, shared insights during a recent event, highlighting the remarkable transformation in students who…
Lagos, Nigeria – In celebration of a decade of cultural influence and artistic empowerment, Make Music Nigeria has unveiled its plans for the 2025 edition of World Music Day. This milestone year promises to deliver a compelling mix of creativity, education, and community-building through a nationwide celebration of music. As the Nigerian chapter of the global Fête de la Musique movement, Make Music Nigeria will host this landmark event in collaboration with Alliance Française de Lagos, with critical support from the French Embassy in Nigeria. The initiative reflects a shared vision of music as a catalyst for unity and cultural…
As nations worldwide commemorate World Environment Day 2025, Nigeria is stepping up its environmental and economic integration by seeking strategic support from the World Bank to advance its Natural Capital Accounting (NCA) framework. Speaking at the 2025 Natural Capital Accounting Conference in Abuja, Dr. Baba Madu, Head of the Energy and Environment Division at the National Bureau of Statistics (NBS), emphasized the nation’s need to formally embed environmental assets into economic analysis and decision-making. The conference—organized in partnership with the World Bank, NBS, and the Federal Ministry of Environment—highlighted the growing recognition that economic growth cannot be separated from ecological…
In a groundbreaking effort to rekindle spiritual passion among youth, U.S.-based Nigerian pastor, Akinsola Kings, is spearheading a nationwide faith revival initiative across Nigerian universities. The movement, titled Global Campus Reignition, is set to inspire a generation of students to embrace purpose, deepen their Christian walk, and become transformational leaders in their communities. Organized by the American International Christian University (AICU), South Carolina, in partnership with the Joint Campus Christian Fellowship (JCCF) and student faith groups, the conference series seeks to spark a spiritual awakening that transcends academic environments. Three Cities, One Purpose: Awakening a Generation The first wave of…
Golden Penny Foods has set the stage for accelerated expansion and deeper market penetration with the successful hosting of its 2025 B2C Dealers Conference in Lagos. Themed “Power of 10X Unleashed,” the event underscored the company’s bold vision for tenfold growth through fortified partnerships, strategic leadership, and enhanced value creation across the food supply chain. The conference served as both a celebration and a strategy session—honoring loyal dealers while reaffirming Golden Penny’s position as a trailblazer in Nigeria’s food manufacturing and distribution sector. Managing Director Devlin Hainsworth highlighted the company’s purpose-driven mission: “Our goal to ‘Feed and Enrich Lives, Every…
The third Africa Impact Summit (AIS), set for June 11–13 in Accra, Ghana, will bring together influential leaders including Chichi Aniagolu-Okoye, West Africa Regional Director of the Ford Foundation, and the President and CEO of the ONE Campaign to drive transformative investment strategies across Africa. Hosted by the Africa Impact Investment Group (AIIG), the summit focuses on bridging Africa’s vast development financing gap by fostering collaboration among policymakers, private investors, and social entrepreneurs. The 2025 edition, themed “Transforming Systems: Redefining Impact for Real Change in Africa,” aims to unlock long-term capital flows—especially from pension funds and impact investors—targeted at sustainable…
Ecobank Nigeria is urging fashion-focused Small and Medium Enterprises (SMEs) to capitalize on the immense export potential within the global fashion industry, valued at over $100 billion, to generate foreign exchange and bolster the domestic economy. At the fourth edition of Ecobank’s annual Adire Lagos Exhibition Fair, Omoboye Odu, Head of SMEs at Ecobank Nigeria, highlighted the bank’s commitment to empowering fashion entrepreneurs to harness both local and international market opportunities. She emphasized that Africa’s contribution to the global fashion sector exceeds $30 billion, with Nigeria well-positioned to become a leading force in this vibrant market. “With backing from development…
The Minister of Education, Dr. Tunji Alausa, has called on Nigeria’s tertiary institutions to evolve into incubators of creativity, industry, and sustainable enterprise, aligning with President Bola Tinubu’s Renewed Hope Agenda, which prioritizes youth empowerment, economic diversification, and inclusive development. Dr. Alausa delivered these remarks in a goodwill message at Olabisi Onabanjo University (OOU), Ago-Iwoye, during a colloquium themed “The Role of Tertiary Institutions in Promoting Entrepreneurship in Nigeria,” alongside the commissioning of the Olufemi Okenla Entrepreneur Centre, a facility generously donated by the Olufemi Okenla Foundation. Represented by the Lagos State Commissioner for Tertiary Education, Hon. Tolani Sule, the…
A prominent building contractor and entrepreneur, Mr. Musa Adeola Taoheed, has advised Nigerians against selling their properties to seek greener pastures overseas, emphasizing that the best opportunities lie within the country. Taoheed, who relocated from the United Kingdom back to Nigeria, shared that his decision was driven by the abundant business prospects available locally compared to abroad. He warned that many Nigerians who leave the country often conceal the difficulties they face, including engaging in menial jobs. “I chose to return to Nigeria because I am passionate about the country and believe it holds greater opportunities. Nigeria is a developing…
Cutix CEO Highlights How High Interest Rates and Economic Challenges Threaten Nigerian Manufacturers
Ijeoma Odunoye, Chief Executive Officer of Cutix Plc, has shed light on the daunting challenges confronting local manufacturing firms in Nigeria, citing soaring interest rates, inflation, insecurity, and an influx of substandard imported goods as key obstacles. In a detailed conversation with Oluwakemi Abimbola, Odunoye elaborated on how her company is navigating these hurdles and called for urgent government intervention to protect and promote indigenous industries. Navigating a Difficult Economic Landscape Odunoye described the current business environment in Nigeria as turbulent, emphasizing the crippling impact of excessive borrowing costs. “Interest rates on loans now hover around 33 to 37 percent,…
With the combined energy of DAZN, Silverbacks, and an expanding fanbase, Dambe—Nigeria’s traditional martial art—is emerging as one of Africa’s most promising cultural exports, poised to carve a niche on the world stage. “This is a combat sport unlike any other, deeply rooted in African and Nigerian heritage. Every fighter is accompanied by a Mayan, a spiritual guide you won’t find in any other fighting discipline,” explains Maxwell Kalu, CEO of African Warriors Fighting Championship (AWFC). Centuries ago, in the dry landscapes of northern Nigeria, disputes were settled through a ritualized combat where Hausa warriors wrapped their fists in rope…
Akinosho Samson is transforming the landscape of mental health care in Nigeria by blending therapy with technology in innovative ways. As both a licensed therapist and a tech entrepreneur, he is redefining how healing is accessed—no longer confined to clinics but available wherever people are, making support more approachable and culturally relevant. Samson’s journey began with a heartfelt mission: to be a source of comfort for those in pain. Years ago, he launched “Samcanhelp,” a modest online platform offering empathetic listening to individuals seeking solace. This initial step grew into Laomai Counselling, a professional service grounded in faith and cultural…
President Bola Ahmed Tinubu has described the Dangote Petroleum Refinery as “a great phenomenon of our time,” praising it as a symbol of Nigeria’s industrial ambition and potential for economic transformation. Speaking at the commissioning of the 37-kilometre Lekki Deep Seaport Access Road on Thursday in Lagos, the President commended Alhaji Aliko Dangote for his enduring commitment to national development through large-scale investments. “Having inspected the Dangote refinery, I see a massive investment that has become a great point of reference. I want to thank Aliko Dangote for his vision and dedication,” Tinubu stated. The President acknowledged the importance of…
The European Union (EU) has announced a €10.4 million investment in the Nigeria Solar for Health Project (NISHP), a key initiative aimed at powering Micro, Small and Medium Enterprises (MSMEs) and primary healthcare centres with clean and reliable solar energy. The announcement was made during the Project Developers Roundtable Workshop for NISHP held in Abuja. According to Inga Stephanowicz, Head of Section for Green and Digital Economy at the EU, the funding represents a significant milestone in the project’s implementation across Nigeria. “NISHP will provide 24-hour access to clean, efficient, and dependable energy to MSMEs and public healthcare facilities throughout…
Finance expert Seyi Asagun has highlighted the vital role Nigeria’s Micro, Small, and Medium Enterprises (MSMEs) play in the economy, while warning that a $32.2 billion funding shortfall is holding back their growth and weakening national economic resilience. MSMEs represent over 96% of Nigerian businesses, contribute nearly half of the country’s GDP, and provide 84% of employment nationwide. Despite their significance, the sector remains underfunded and faces numerous challenges. “As the backbone of Nigeria’s economy, MSMEs have tremendous potential,” Asagun said. “Yet, insufficient financing, poor infrastructure, and widespread informality limit their ability to thrive.” He emphasized the urgent need to…
An upcoming event in Lagos aims to equip business professionals and entrepreneurs with practical strategies that blend innovation, leadership, and spiritual purpose. Scheduled for June 12, 2025, at the Festival Hotel Conference Centre and Spa in Diamond Estate, Amuwo Odofin, the transformational gathering will focus on aligning professional excellence with core values of integrity and faith. Themed “Marketplace Influence, Innovation, and Integrity in Leadership and Enterprise,” the conference seeks to empower attendees through insightful discussions that merge faith-based principles with modern business strategies. The initiative is led by a seasoned entrepreneur and faith-driven leader, who expressed that the event is…
The government of Abia State has unveiled plans for an upcoming international summit aimed at expanding economic collaboration with Turkey and attracting global investors to the region. Scheduled to take place from November 25 to 27, the Turkey-Abia Investment and Trade Exhibition is designed to highlight Abia’s investment potential and foster cross-border partnerships that can drive long-term growth and job creation. The initiative, according to the state’s investment office, will serve as a strategic platform to showcase Abia’s advantages as a rising industrial hub in Nigeria and the broader African market. The focus will be on high-impact sectors such as…
The 2025 editions of WHX Lagos and WHX Labs Lagos have officially wrapped up, leaving a transformative imprint on the healthcare landscape across West Africa. Held at the Landmark Centre in Lagos, the three-day gathering united thousands of healthcare professionals, innovators, policymakers, and investors under one roof. Now in its 12th edition and formerly known as Medic West Africa and Medlab West Africa, the rebranded WHX platform showcased its evolution into West Africa’s most influential healthcare and diagnostics hub. This year’s event brought together over 8,000 visitors and around 500 exhibitors from across the continent and beyond, all committed to…