Business Report

 By Temitope Segun Jongbo, Ceo Globiqo For many young Nigerians, university represents more than the pursuit of a degree. It represents hope, sacrifice and the promise of a better future. Families make significant financial sacrifices to keep their children in school, while students spend years working towards graduation, often believing that obtaining a degree will mark the beginning of a new chapter. But what happens when the journey takes far longer than expected? For Temi, university became an eight-year journey marked by academic setbacks, unexpected circumstances and personal challenges that repeatedly tested his determination to continue. His story is not simply about taking longer than expected to graduate. It is about resilience, support and what happens when life repeatedly forces someone to start again. An eight-year university journey What was expected to be a conventional university experience became considerably more complicated for Temi. Academic challenges and perso...

   The streets of Manhattan was set ablaze with the vibrant rhythms of Africa last Friday, August 14, 2026, as Nigerian highlife powerhouse Chinedu Okoli, globally renowned as Flavour, headlined a sold-out edition of the LOUD IN AFRICA Concert Series at Racket NYC. The highly anticipated event lived up to its billing, drawing a massive, enthusiastic crowd from across the African diaspora, music lovers, and international culture enthusiasts for an unforgettable night of music, dance, and heritage. From the moment the doors opened at 431 West 16th Street, the venue buzzed with high energy. Flavour, true to his title as the "King of Highlife," took the stage and treated the audience to a masterclass in live performance. Blending his signature highlife melodies with contemporary Afrobeats and rich traditional instrumentation, he doled out back-to-back crowd favorites, keeping fans on their feet singing along word-for-word. The night was further elevated by a stellar lineup of sup...

   Top US-based Nigerian artiste Babatunde Ogunseinde, popularly known as Babatunde140, has released a new Afro-fusion single titled “Bá Mi Jó (Dance With Me),” a vibrant track that explores attraction, confidence, individuality and the freedom to embrace personal preferences. The song, whose Yoruba title translates to “Dance With Me,” blends infectious African rhythms with soulful melodies and an engaging groove, creating a sound designed to inspire listeners to let loose and enjoy the moment. According to the artiste, “Bá Mi Jó” is more than a dance record, as it celebrates self-confidence and encourages people to embrace what they consider beautiful while expressing themselves without restraint. “Bá Mi Jó is about confidence, individuality and being free to embrace what you find beautiful. It is an invitation to let go, move freely and enjoy love, attraction, culture and good vibes,” Babatunde140 said. The track reflects the growing fusion of contemporary African sounds wit...

 Nigeria has no shortage of innovators. Across the country, entrepreneurs are building solutions for agriculture, healthcare, education, finance, climate and countless other sectors. But for many founders, access to the right support system can still depend heavily on where they live. The National Innovation Hub Standards Framework (NIHSF) is designed to help change that. On 20 August 2026, government leaders, innovation hub operators, development partners, ecosystem builders and other stakeholders gathered at the Abuja Continental Hotel for the National Innovation Hub Standards Framework Stakeholder Validation Workshop. The gathering was not simply about presenting a completed policy or framework. It was an opportunity to put the proposed Framework to the test. Stakeholders reviewed its structure, examined its proposed standards and assessment approach, identified potential implementation challenges and contributed recommendations ahead of further refinement and pilot implementati...

Professional marketing capability in Nigeria has, for years, come in one of two forms: expensive or amateur. Agencies price their work for companies that can absorb ₦500,000 or more per project and wait two to three weeks for delivery. Free tools produce results that read exactly like what they are: software built for hobbyists, not businesses trying to close sales. Most startups, entrepreneurs and SMEs sit stuck between the two, too established for amateur output to hold up, too early-stage for agency pricing to make sense. FrontOffice has launched to close that gap.       The Problem More than 95 percent of Nigerian SMEs fail within their first five years, and ineffective marketing is consistently named as one of the leading reasons, according to industry research on Nigeria's digital marketing landscape. Nigeria now has over 100 million people online, researching, comparing and buying, according to DataReportal's most recent figures. The customers are the...

What if the difference between a young person who changes the world and one whose potential remains undiscovered is not talent—but opportunity? Across our schools, homes and communities are young people with extraordinary imagination. They sketch buildings. Create clothes. Edit videos. Pull gadgets apart to understand how they work. Experiment with Artificial Intelligence. Invent stories. Solve problems. Dream about careers they may not yet even have names for. The talent is already there. What is often missing is exposure—early enough, widely enough and meaningfully enough. For architect Dr. Gbenga Alalade, Convener of Design Summer Camp, this is personal. Years ago, as an architecture student at Covenant University, Alalade benefited from the guidance of several academic and industry mentors. Among them was Arc. Dele Adeyemi, architect of the National Ecumenical Centre, Abuja, whose mentorship gave him valuable exposure to professional practice, real projects and possibilities beyond...

  Panuel, an investment-management company with a focus on international finance and global trade, has advocated for smarter capital management as Africa prepares for its next phase of economic growth. The organisation’s position comes as African markets continue to evolve through urbanisation, digital transformation, infrastructure development and expanding regional commerce. These shifts are creating new investment opportunities while placing greater responsibility on the institutions expected to identify, allocate and manage capital across the continent. According to the organisation, Africa’s investment conversation should no longer focus primarily on whether capital will reach the continent. Greater attention should also be given to how effectively that capital is deployed and whether the institutions managing it have the capacity to create sustainable financial and economic value. “Africa’s next growth cycle may be defined less by the question of whether capital will come to ...