Business is war.
Artificial intelligence tools have transformed cyberattacks into sophisticated operations that cost small businesses an average of $254,445 per security breach, according to October 2025 data. Criminals deploy AI to create convincing phishing emails, fake voice messages and video impersonations that target companies with limited technology resources. Human error causes 60 percent of data breaches, with…
Nigeria will lead African entertainment and media growth through 2029 despite worldwide economic challenges, according to a PwC analysis released on Thursday. The professional services firm projects the country will maintain a 7.2 percent compound annual growth rate over the next five years. The West African nation recorded 11.2 percent expansion in 2024, outpacing Kenya…
Nigeria’s consumer protection agency warned food producers that profit cannot override public safety at a Thursday campaign in Jos. Federal Competition and Consumer Protection Commission Executive Vice Chairman Olatunji Bello said dangerous practices threaten millions of people who consume chemically ripened fruits and adulterated products. The commission documented widespread use of calcium carbide for artificial…
Lagos State began distributing compensation payments to residents of Oworonshoki displaced by urban renewal efforts on Thursday, October 23. The government verified the compensation claims of 79 people after removing illegal structures built on drainage channels and waterways in the Kosofe Local Government Area. Lagos State Urban Renewal Agency General Manager Olajide Animashaun said the…
The Nigerian Environmental Society marked four decades of operation by announcing plans to strengthen environmental standards and climate policies across the country. The organization held its 35th annual meeting on Wednesday in Abuja as part of its anniversary celebrations. Sarah Mukherjee from the Institute of Sustainability and Environmental Professionals addressed participants through video link. She…
Smartcash Payment Service Bank has eliminated all transaction fees for interbank transfers, bill payments, and text message alerts. The payment service bank, owned by Airtel Nigeria, launched the zero-charge initiative to make digital banking more accessible and affordable for Nigerians. Chief Executive Officer Tunde Kuponiyi said the move addresses financial pressures faced by households and…
Three international development groups urged Nigerian media to expand coverage of agricultural science and nutrition policy at a training session in Abuja. The International Institute of Tropical Agriculture, Global Alliance for Improved Nutrition and Nigeria Health Watch told reporters to adopt evidence-based methods that connect research breakthroughs with household food choices. Country director Michael Ojo…
Akwa Ibom State Carrier agreed to provide 200 million naira over two years to Akwa United Football Club through a combination of cash payments and operational support, as announced at the Godswill Akpabio International Stadium in Uyo on Thursday. Acting Managing Director George Uriesi said half the sponsorship covers airline services and logistics as the…
Nordic businesses should consider Lagos Free Zone as their primary entry point into Nigerian markets, according to the facility’s chief executive. Adesuwa Ladoja told investors at Nordic Nigeria Connect 2025 on Monday that the private economic zone eliminates infrastructure and regulatory obstacles that hinder operations elsewhere in the country. The Tolaram-backed development provides deep-sea port…
Nigeria’s consumer protection agency will strengthen internal operations and staff development after a management assessment in Abuja. Executive Vice Chairman Tunji Bello told officials at a retreat on Monday that sustained influence requires continuous investment in personnel training, equipment upgrades, and organizational alignment. The Federal Competition and Consumer Protection Commission has gained domestic and international…
