Author: Gift Ifeanyi

The persistent instability in Northern Nigeria is increasingly being viewed not as a failure of military might, but as a crisis of intentionality. For many observers, recent events in Katsina and Kaduna have solidified a troubling suspicion: the struggle against banditry and insurgency is not being lost—it is being managed, and perhaps even enabled, for political and personal gain. The Katsina “Secret” Swap: Justice or Placation? In early January 2026, a leaked “SECRET” memo from the Katsina State Ministry of Justice exposed a plan to release 70 suspected bandits currently awaiting trial. The government’s justification, voiced by Commissioner Nasir Muazu,…

In the high-altitude rooms of Davos, Switzerland, where the world’s most influential financial minds gather for the World Economic Forum (WEF), Dr. Elvis Abuyere, CEO of Skyewise Group, found a resonant truth: brilliance is universal, but scale is reserved for the disciplined. As a prominent voice from Nigeria’s private sector at the summit, Abuyere’s takeaway was clear—ideas exist in every corner of the globe, but only those backed by meticulous execution and robust governance ever attract the world’s wandering capital. The Davos Verdict: Foundations Over Shortcuts For Dr. Abuyere, the WEF was more than a networking opportunity; it was a…

The latest financial assessments for Nigeria’s leading listed breweries—Nigerian Breweries Plc, International Breweries Plc, and Champion Breweries Plc—signal a definitive return to growth for the sector. Combined revenue for the period ending September 30 reached a staggering N1.54 trillion (approx. $1.04 billion), driven by aggressive top-line performance and a successful “pivot to profitability” following a challenging 2024. 1. Nigerian Breweries: The N1 Trillion Milestone As the market leader, Nigerian Breweries Plc crossed a historic revenue threshold, recording N1.05 trillion in net revenue. Growth Trajectory: This represents a massive leap from the N710.87 billion recorded in the same period of 2024.…

Nigeria has emerged from a period of intense volatility to record its most consistent year of business expansion since 2022. According to a strategic analysis of the S&P Global Purchasing Managers’ Index (PMI), Nigeria was the only major African economy to maintain uninterrupted expansion for all 12 months of 2025, signaling a robust foundation for the 4.1% GDP growth projected for 2026. 1. The Stabilization Dividend: Inflation and FX The primary drivers of this resurgence are the cooling of headline inflation and the newfound stability of the Naira. Inflation Deceleration: Headline inflation plummeted from a peak of 24.48% in January…

January 2026 marks a historic turning point for the African fintech landscape. In a dual display of market maturity, Paystack has celebrated its 10th anniversary by restructuring into a diversified holding company, The Stack Group (TSG), while MyInvestar has reported a record-breaking ₦13.9 billion in transaction volume, signaling a new era for wealth-tech. 1. Paystack’s “Alphabet-ization”: Introducing The Stack Group (TSG) A decade after its founding, Paystack has officially moved beyond being “just a payment gateway.” The new holding company, The Stack Group, now oversees four distinct subsidiaries, allowing the firm to scale and manage regulatory risks independently: Paystack (B2B):…

The latest Nigeria Internet Registration Association (NiRA) report for December reveals a definitive shift in how Nigerian businesses approach their digital footprints. With over 10,000 new registrations in a single month, the .ng domain has moved from being a niche alternative to a primary strategic asset for local branding and SEO. 1. Market Breakdown: The “Accessibility vs. Authority” Gap The data shows two distinct behaviors in the Nigerian market based on domain level: The Startup Engine (3rd Level): Extensions like .com.ng and .org.ng accounted for 8,354 new registrations. Their high volume suggests that SMEs and startups prioritize these for their…

Nigerian mobility pioneer MAX (Metro Africa Xpress) has closed a $24 million funding round in a mix of equity and debt, marking a definitive validation of its pivot to electric mobility. The investment, led by global names like Equitane DMCC, Novastar, and Endeavor Catalyst, follows the company’s achievement of profitability in Nigeria—its largest and most complex market. 1. The Pivot: From Logistics to Industrial Scale Founded in 2015, MAX has undergone a significant “strategic reset” over the last 18 months. By exiting lower-margin logistics lines and reducing its workforce by 30% to sharpen its focus on Electric Vehicle (EV) infrastructure,…

The long-standing public feud between cryptocurrency entrepreneur Linus Williams Ifejirika (Blord) and social media critic Martins Vincent Otse (VeryDarkMan/VDM) has escalated into a landmark intellectual property dispute. In January 2026, the conflict moved beyond digital accusations into the legal realm as Blord officially trademarked the name “Ratel” and issued a “cease and desist” order against VDM. 1. The Trademark Chess Move On January 19, 2026, Blord announced that his legal team, led by a Senior Advocate of Nigeria (SAN), had successfully registered “Ratel” as his business brand. The Directive: Blord has barred VDM from using the name to describe his…

In January 2026, the Connecticut culinary landscape welcomed a significant new addition: Adé Restaurant, located at 212 Main St. in East Haven. Owned by Bosede “Adé” Amoo and her husband Taiwo, the restaurant is more than just an eatery—it is a “dream come true” for a family that has spent over 30 years building a legacy in the United States. 1. A Partnership of Academics and Artistry The story of Adé is one of professional excellence meeting personal passion. Taiwo Amoo, a Ph.D. holder and long-time educator, manages the business operations, while Bosede, who holds two master’s degrees and is…

In 2026, the funding landscape for Nigerian startups and SMEs has shifted. With traditional bank interest rates remaining high, non-repayable grants have become the lifeblood of business expansion. This report outlines the priority grant windows for Q1 and Q2 2026, including specific eligibility criteria and the strategic move toward “sector-focused” funding. 1. Major 2026 Grant Windows: Key Dates & Benefits Grant Programme Primary Focus Benefit Amount Application Status (Jan 2026) Tony Elumelu Foundation (TEF) General Entrepreneurship $5,000 Seed Capital OPEN (Closes March 1, 2026) YEIDEP (Fed. Govt) Youth & Agri-business ₦500,000 Start-up BATCH B OPEN (Ongoing Q1) DAAYTA (ARM) Social…

As we move into 2026, the Nigerian business landscape is being reshaped by three “Mega-Trends”: the mainstreaming of AI, the rise of the “Gig-as-Mainstream” economy (now worth nearly $5 billion), and an urgent demand for trust-based services in a digital-first world. 1. AI Automation & Consultancy (The High-Value Entry) The Play: Helping the 41 million+ Nigerian SMEs move from manual to automated workflows (e.g., WhatsApp booking bots, AI-driven inventory). 2026 Shift: Focus is moving from “What is AI?” to “How do I save time?” Revenue: Monthly retainers (₦50k – ₦300k) for system maintenance. 2. Elder Care Services (The Impact Play)…

As of late January 2026, the Nigerian Communications Commission (NCC) has fundamentally reshaped the nation’s connectivity landscape by granting seven-year operating permits to three global satellite giants: Amazon LEO (formerly Project Kuiper), Israel’s BeetleSat, and Germany’s Satelio IoT. This regulatory move ends the “quasi-exclusive” dominance held by Elon Musk’s Starlink and signals a shift toward space-based infrastructure as a primary solution for Nigeria’s 23 million underserved citizens. 1. The Contenders: A Segmented Satellite Market Operator Technology Primary Focus License Validity Starlink LEO (SpaceX) Consumer/Enterprise Broadband Thru 2030 Amazon LEO LEO (Project Kuiper) Multi-segment (FSS, MSS, ESIM) Feb 2026 – 2033…

Nigeria is entering 2026 with a cautiously optimistic macroeconomic profile. The convergence of the IMF’s 4.4% growth upgrade and the NEPC’s record $6.1 billion non-oil export revenue suggests that the “Renewed Hope” structural reforms are beginning to shift the needle from stabilization to expansion. I. The IMF Growth Upgrade (WEO January 2026) The International Monetary Fund (IMF) has officially raised Nigeria’s 2026 growth projection to 4.4%, citing the payoff of aggressive monetary and fiscal adjustments. Key Drivers: Improved economic predictability, tighter monetary conditions, and firmer global prices for commodities like gold and copper. Regional Leadership: Nigeria is now a primary…

The Stanford Seed Transformation Network (SSTN), Nigeria, has officially commenced its 2026 calendar with a high-level strategic event in Lagos. Merging its annual celebration with the formal induction of Cohort 15, the network reinforced its mission: transforming promising Nigerian companies into resilient, global-standard institutions. 1. Beyond Networking: The “Actionable Collaboration” Mandate Under the theme “Connections That Count,” the event moved away from traditional social mixers toward a focused agenda of economic impact. President of Seed Nigeria, Omololami Ajani, emphasized that the network’s value lies in moving beyond “mere social connections” to facilitate actionable partnerships. The Seed Expo: Ajani announced an…

The “Innovative Youth in Agriculture” (I-Youth) project has officially concluded its first phase, leaving behind a blueprint for how to solve youth unemployment through the agrifood system. Since its launch in 2020, the partnership between the International Institute of Tropical Agriculture (IITA) and the Mastercard Foundation has moved beyond traditional farming, generating over 90,000 jobs and entrepreneurship opportunities across five Nigerian states. 1. Building Empires, Not Just Farms The project’s success lies in its rejection of the “subsistence” narrative. Instead of just giving young people tools, I-Youth provided them with an ecosystem. Business Births: The initiative led to the establishment…

A landmark 2026 report by Google and Ipsos, titled “Our Life with AI,” has revealed a stunning trend in the global technology landscape: Nigeria has bypassed experimental AI usage to become one of the world’s most “purpose-driven” adopters of the technology. While the global average for using AI to understand complex topics sits at 74%, 93% of Nigerians are now utilizing AI as a primary tool for learning and skill acquisition. 1. A Nation of Purpose-Driven Adopters Unlike many Western regions where AI adoption is often seen through a lens of skepticism or entertainment, Nigerians are using AI as a…

As Nigeria moves deeper into 2026, the national conversation has shifted from the price of fuel to the “Price of Citizenship.” The new tax regime represents the most significant pivot in the nation’s history—a move away from the volatile “oil rent” model toward a sustainable “tax state.” However, as this editorial explores, the success of this transition depends less on legal texts and more on the government’s ability to manage “Reform Fatigue.” 1. The Social Contract: From Oil Rents to Accountability For decades, the fiscal distance created by oil wealth allowed for a disconnect between the state and the street.…

Under the presidency of Obi Chief Chinwe Monu-Oduah Esq., the Asaba Chamber of Commerce, Industry, Mines and Agriculture (ASACCIMA) has transitioned from a traditional business association into a high-impact catalyst for the Delta State economy. Throughout late 2025 and into early 2026, the Chamber has focused on the two most critical overheads for any Nigerian business: Power and Taxation. 1. Decentralizing Power: The New Electricity Act In November 2025, ASACCIMA took the lead in demystifying the Delta State Electricity Law. Recognizing that high energy costs are the single greatest threat to SME survival, the Chamber’s “Power Act” unveiling provided a…

Nigeria’s non-oil export sector achieved a historic breakthrough in 2025, reaching an all-time high of $6.1 billion in formal earnings. According to the latest data from the Nigerian Export Promotion Council (NEPC), this 11.5% year-on-year growth was driven not by a few large conglomerates, but by a surge of 1,129 new exporters entering the market. This shift signals a fundamental transformation from “raw commodity” extraction to a diversified, “processed-value” trade model. 1. The Quality Over Volume Shift While export volumes grew by 10% to reach 8.02 million metric tonnes, export earnings outpaced this growth. This indicates that Nigerian businesses are…

On April 2, 2026, the Oriental Hotel, Lagos, will host a landmark convergence of Nigeria’s financial regulators and the “gig economy” workforce. The 2026 BusinessToday Annual Conference and Exhibition aims to dismantle the barriers preventing young Nigerians—from tech developers to content creators—from accessing the formal insurance and pension ecosystems. 1. A Regulatory Mandate: Recapitalization and Inclusion The conference arrives at a critical juncture as the insurance industry faces a July 2026 recapitalization deadline. Mr. Olusegun Ayo Omosehin (NAICOM): The Commissioner for Insurance will lead discussions on “Insurance Reforms Made Simple,” focusing on how leaner, better-capitalized firms can create micro-insurance products…