Business Report

By Femi Adaka As internal leakages and operational inefficiencies continue to affect profitability in Nigeria’s hospitality sector, Anli is introducing real-time monitoring tools designed to improve visibility, accountability, and performance. Nigeria’s hospitality industry has witnessed steady growth over the past decade, driven by urban expansion, increased travel activity, and rising demand for leisure and business accommodation. However, beneath this growth lies a persistent operational challenge—revenue loss caused by internal inefficiencies and limited real-time oversight. For many hotel operators, revenue leakages occur not as isolated incidents, but as recurring inefficiencies embedded within daily operations. These include unrecorded transactions, inconsistent reporting across shifts, unauthorized discounts, and inventory discrepancies. Individually, such issues may appear minor. Collectively, they can significantly impact profitability. “Most of these losses are not immediate...

 By Femi Manuka Marvin Empire Nigeria Limited, a diversified Nigerian company is building a multi-sector ecosystem that combines musical instrument education, creative entrepreneurship, business support services, and herbal wellness solutions under a unified vision of empowering individuals and businesses to realize their potential and create sustainable opportunities for growth.  Founded by entrepreneur and professional guitarist Ojikutu Mayowa Babatunde, Marvin Empire Nigeria Limited has evolved from a music-focused venture into a diversified enterprise serving customers across education, entertainment, entrepreneurship, and wellness sectors. The company's growth reflects a broader trend among emerging Nigerian businesses seeking to create value across multiple industries while maintaining a common focus on skills development, innovation, and practical solutions. The journey began in 2015 when Ojikutu identified a gap in access to musical instrument services and training. Th...

Olumide Omololu, also known as olvmid3, is a brand strategist and cultural analyst whose work across art, culture, and fashion has made a significant impact on Nigeria's creative ecosystem.   With over 15 years of multidisciplinary experience in marketing and brand communications, he has emerged as one of the influential voices helping shape how creative institutions, cultural projects, and fashion brands are perceived. Driven by a deep understanding of identity, aesthetics, and human connection, Olumide has built a career dedicated to transforming ideas into meaningful brands. His work goes beyond logos and campaigns. It focuses on helping brands articulate who they are, what they stand for, and how they can create lasting emotional connections with their audiences. Over the years, his impact has been felt across Nigeria's creative ecosystem, where he has contributed to some of the most notable projects within the art and cultural landscape. Among his landmark achievements is...

By Jame Oboka Journita AI, an AI-powered travel and lifestyle platform, is transforming how travellers discover destinations, search for affordable flights, plan trips, book travel services, and coordinate travel experiences through a single intelligent conversational interface. The company is building a new category within Travel Technology by combining artificial untelligence, travel planning, travel booking, and community-driven experiences into one seamless platform. Founded by Olamide Orija, a technology entrepreneur, growth strategist, and Mechanical Engineering graduate of Bells University of Technology, Journita AI was born from firsthand travel experiences across multiple African countries. During those journeys, Orija encountered the challenges of fragmented travel planning, unreliable travel information, connectivity issues, and the need to switch between multiple platforms to complete a single trip. According to Orija, those frustrations revealed an opportunity to simplify ...

  By Chike Alison (Lagos reporter) Samuel Linus Tech Founder & Startup ecosystem builder Samuel Linus successfully convened the latest edition of the Dear Founder Community event, themed "WHAT WORKS," bringing together ambitious founders, operators, investors, and ecosystem leaders for an honest conversation on building and scaling startups in Africa. Hosted in partnership with Datamellon, the event was designed to address a growing challenge within the startup ecosystem: many early-stage founders are building products and companies without access to proven execution frameworks. Unlike traditional startup events filled with theory and motivational talks, WHAT WORKS was created to uncover the real strategies, systems, and decisions that drive sustainable growth. The event was hosted by Favour Mfonabasi Thompson, whose energetic and engaging moderation helped drive insightful conversations throughout the day. Her ability to facilitate discussions between speakers, founders,...

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...