Friday, June 26

Business

Guinness Nigeria reports N41bn profit

Guinness Nigeria Plc has reaffirmed its focus on sustainable growth, operational efficiency, and corporate transparency following a media engagement session held in Lagos. During the engagement, the company highlighted milestones recorded since the start of its strategic reset initiative, including…

‘Funding alone cannot ensure startup success’

The Managing Director of Whitecrust Finance Limited, Kingsley Eremionkhale, has said access to funding alone is insufficient to guarantee startup success, arguing that resilience, discipline and operational structure are more decisive factors in determining whether early-stage businesses scale sustainably. Eremionkhale…

Telcos invested N2.5tn in networks despite service complaints — NCC

The Nigerian Communications Commission has said mobile network operators and tower companies invested about N2.5tn in network infrastructure and upgrades in 2025 amid growing complaints by Nigerians over dropped calls, slow internet speeds, unstable data services, and network disruptions across…

Ex-Celsius Exec Sentenced to Time Served after Guilty Plea

A US federal judge has sentenced the former chief revenue officer of defunct cryptocurrency lending platform Celsius to time served after almost three years following his arrest on fraud and conspiracy charges.In a sentencing hearing in the US District Court…

AltBank unveils financing blueprint for local pharma

The Alternative Bank has unveiled a comprehensive financing blueprint aimed at building domestic pharmaceutical capacity in a strategic move to dismantle Nigeria’s dangerous reliance on imported life-saving commodities. The initiative comes as a response to a staggering reality: while Africa…

Customs restate Nigeria’s commitment to regional modernisation

The Nigeria Customs Service has reaffirmed Nigeria’s commitment to regional modernisation and collective growth. The Comptroller-General of Customs and Chairperson of the World Customs Organisation Council, Adewale Adeniyi, gave the assurance recently while speaking at the 32nd Conference of Directors-General…

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