Business Report

By Bolaji Jimoh, Fraud & Compliance Manager, Dojah   The Central Bank of Nigeria's new AML requirements are forcing financial institutions to rethink how they manage compliance, fraud monitoring, and customer risk. With implementation deadlines now in motion, banks, fintechs, and payment companies are under increasing pressure to move away from manual AML processes and adopt automated systems capable of monitoring transactions, screening customers, and identifying suspicious activity in real time. For many institutions, the challenge is not understanding the new requirements. The challenge is being ready for them. At Dojah , we are seeing growing demand from financial institutions looking to strengthen transaction monitoring , AML screening , sanctions checks, and customer risk management ahead of the June 2026 deadline. The reason is simple. Many institutions still rely on a combination of manual reviews, disconnected systems, and onboarding-focused compliance processes. While...

By Gerrard James Nezona Properties Ltd, a leading real estate development company in Abuja,has officially unveiled its latest luxury real estate development, NEZONA SIGNATURE RESIDENCE, an off-plan residential project located in the prestigious Katampe District of Abuja. The project, which was formally launched on Monday, Ist of June, 2026, comprises five units of elegantly designed four-bedroom terraced duplexes with boys’ quarters. According to the company, the development is expected to be completed within 18 months. Speaking during the unveiling ceremony, the Chief Executive Officer of Nezona Properties Ltd, Emmanuel Arinze Ndueche, described the development as the company’s flagship off-plan investment initiative aimed at providing luxury properties in prime locations with flexible payment options for investors. Ndueche explained that the project was carefully conceptualized to meet the growing demand for premium residential developments within the Federal Capital Territory, while...

 By Rita Lola BAM Projects and Properties Ltd has announced the introduction of Chiroma's Court, a premium residential development located in Gwarinpa, Abuja, as part of its ongoing commitment to delivering quality real estate investment opportunities across the Federal Capital Territory. The development, which comprises elegantly designed four-bedroom terrace duplexes with Boys' Quarters (BQ), further strengthens the company's growing portfolio of residential and investment-focused projects within Abuja's most sought-after locations. Speaking on the project, the Managing Director of BAM Projects and Properties Ltd said the development reflects the company's vision of creating communities that deliver both lifestyle value and long-term investment returns. "At BAM, our focus goes beyond constructing buildings. We are committed to developing properties in strategic locations that provide comfort, security, and strong appreciation potential for homeowners and inve...

  More Nigerians are turning to cryptocurrency for cross border payments and digital transactions, contributing to increased bitcoin to naira conversion activity as users search for faster and more reliable withdrawal options. Within that shift, Monica Cash , operated by Monica Technologies Limited, has increasingly become part of conversations around crypto to naira conversion services, particularly among users looking for direct withdrawal options and automated settlement processes linked to local bank accounts. Industry analysts say the trend reflects broader changes within Nigeria’s cryptocurrency ecosystem, where stablecoins and bitcoin are now being used beyond speculative trading for cross border business transactions, freelance payments and liquidity management. A digital asset analyst based in Lagos said growing demand for faster settlement systems was pushing more users toward platforms designed to reduce delays often associated with manual crypto exchange coordination. “...

While much of Emanvee’s debut album The Lonely Tribe explores themes of loneliness, healing, heartbreak, and personal growth, one song stands apart from the rest. “Lives On,” featuring Soul of Afrika, is not simply a song about loss. It is a tribute to the artists whose voices continue to inspire millions long after they are gone. Throughout the record, Emanvee and Soul of Afrika reflect on the emotional impact left behind by musicians who shaped lives through their art. Rather than focusing solely on grief, the song celebrates legacy, reminding listeners that music has the power to outlive the people who create it. The lyrics acknowledge the difficult reality of losing influential voices while emphasizing that their contributions remain present through every song, every memory, and every life they touched. The track references respected artists including Mohbad, Sound Sultan, Dagrin, OJB Jezreel, Goldie, Kefee, Eric Arubayi, and Osinachi, honoring the impact each left on African music...

Throughout history, major wealth creation opportunities have often emerged from areas experiencing rapid transformation. Cities expand. Infrastructure develops. Industries emerge. Populations grow. And investors who recognize these trends early frequently benefit the most. Across Nigeria, a new generation of economic corridors is beginning to attract attention from investors, businesses, developers, and multinational corporations. These locations are characterized by infrastructure investment, industrial growth, commercial activity, logistics development, and increasing government support. According to Everything Real Estate Limited, understanding these emerging corridors is becoming increasingly important for businesses and investors seeking long-term opportunities. The firm's CEO, Thelma Keke, notes that many of today's most valuable investment opportunities are no longer found only within already-developed locations. "The greatest opportunities often exist where growth ...

  By Pronalytics At the enterprise level, the compliance challenge is not about whether a business intends to be compliant. Most do. The challenge is whether the financial infrastructure underneath the business is capable of producing clean, continuous, audit-ready data across every obligation, at the scale and speed that the current Nigerian regulatory environment now demands. For many Nigerian enterprises, the honest answer is that it is not. Not because of negligence, but because the systems were built for a different era, one where compliance was a periodic exercise , and the regulator's visibility into a business's operations was limited to what was filed. That era is over. And Pronalytics Limited built TaxAnchor360 specifically to close the gap between where Nigerian enterprise financial operations are and where they need to be. Why Enterprise Compliance Has Become More Demanding The Nigeria Revenue Service e-invoicing mandate has fundamentally changed what compliance ...

 By Seyi Dabola The Afro-fusion music landscape witnessed a defining moment at the recently concluded 2026 2Side Trend Awards as FrontnBack, popularly known as the Lions of Afrobeat, emerged as the proud winners of the prestigious Best Afro-Fusion Artists of the Year award. The accolade comes on the heels of the remarkable success of their hit single, Iyanu Maa Sele, a track that has continued to captivate music lovers with its uplifting message, irresistible melodies and authentic Afro-fusion sound. The award is a testament to the duo's creativity, consistency and growing influence within the music industry. The 2026 2Side Trend Awards brought together some of the brightest stars and leading figures in entertainment to celebrate excellence and outstanding achievements across various categories. FrontnBack's victory stood out as one of the evening's most celebrated moments, highlighting their continued rise as one of the most exciting acts in contemporary African music. Spe...

By Aminat Joseph Eleven years ago, Mactavis Digital was founded with a simple but important goal: to help businesses build scalable technology. At a time when many businesses struggled with manual paper processes, unreliable digital systems, poor user experiences, and technology that could not support growth, Mactavis saw the need for solutions that were practical, stable, user-friendly and built for scale. What started as a small team driven by problem-solving and innovation has grown into a trusted technology partner for businesses, institutions, and organizations across multiple industries. Today, as Mactavis Digital celebrates 11 years in business, the company reflects on a journey defined by integrity, consistency, resilience, trusted clients relationships, and a commitment to helping organizations increase revenue and profits, simplify operations, improve customer experiences, and grow through technology. Over the last decade, technology has changed rapidly. Businesses have moved...

  Nigeria’s event industry is set for one of its most impactful gatherings as event professionals, business leaders, and industry stakeholders converge in Lagos this June for a high-level conference focused on business growth, leadership, profitability, and sustainable success within the events sector. At a time when the Nigerian events industry continues to experience significant growth, many professionals are seeking practical solutions to challenges surrounding pricing, operations, client acquisition, business structure, and long-term sustainability. The conference is designed to address these issues head-on, providing attendees with actionable strategies to build stronger, more profitable event businesses. The event will be led by renowned architect, business strategist, and industry leader Theresa Aisha Mebitaghan (Tessie), CEO of Beezees Creations, whose experience spans over a decade of building successful event enterprises across the United Kingdom and Nigeria. Through her ...