Business Report

 Cash giveaways have become a major part of Nigeria’s digital culture, especially across social media, creator communities and online campaigns. But despite their popularity, distributing money to multiple people can still be stressful, time-consuming and disorganized. Supacash is looking to change that. The fintech platform has introduced a Giveaways feature that allows users to fund a giveaway once and let recipients claim their share directly themselves. Instead of manually sending money to dozens or hundreds of people one after another, Supacash simplifies the entire process into a more automated and scalable experience. The feature is part of Supacash’s broader ecosystem, which includes transfers, bill payments, group wallets and social saving tools designed around community-driven finance. The use cases for Giveaways go far beyond social media trends. Content creators can reward followers during campaigns or livestreams. Brands can run promotional activations more efficiently...

By John Pat Product marketing has changed. Today, brands are no longer competing only on product quality — they’re competing on attention, positioning, messaging, and speed. The brands that win are the ones that know how to communicate value clearly and consistently. That’s where Productiview App comes in. What is Productiview App? Productiview App is an AI-powered platform built to help brands, marketers, founders, and creatives simplify product marketing. From product positioning and messaging to campaign ideas, prompts, research, and strategy, Productiview helps users move from confusion to clarity — faster. Instead of spending hours trying to figure out what to say, how to launch, or how to stand out, users can generate smarter ideas and better marketing workflows in minutes. Why Product Marketing Feels Hard Today Many businesses struggle with: - Weak product positioning - Inconsistent messaging - Low engagement - Slow content creation - Difficulty standing out in crowded markets -...

Published by Hofesh Homes Limited | Real Estate Intelligence Series The Federal Capital Territory of Nigeria is one of the most dynamic property markets on the African continent. Abuja is a planned city, governed by a comprehensive Master Plan, administered by the Federal Government, and administered through a centralised land registry that is, by Nigerian standards, highly sophisticated and publicly accessible. This combination of federal oversight, planned urban development, and centralised documentation means that Abuja property, acquired correctly, is among the most legally secure real estate investments available anywhere in Nigeria. The words "acquired correctly" carry the full weight of that sentence because the same system that makes Abuja property so secure also means that a transaction conducted without due diligence, without verifying the right things, in the right places, before any money changes hands, can leave a buyer holding a document that is worth considera...

By Kalou Samuel NCDF Group has announced its intention to pursue three public listings by 2028 as part of its long-term corporate development and capital market strategy. The announcement was made through the office of the Company Secretary, Adefunke B. Omidiora, while issuing a notice for the next Board of Directors meeting of NCDF Holdings Limited, scheduled to hold virtually on Wednesday, 20 May 2026, at 11:00 a.m. According to the company, the proposed roadmap includes plans to position NCDF Investment Management Plc and Konto Financial Group Plc for listing on the Nigerian capital market, while NCDF Holdings Limited, the Group’s holding company, is being considered for a future listing in the United States capital market. The company stated that the proposed listings are part of its wider plan to strengthen governance, improve access to long-term capital, and support the growth of its operating platforms. NCDF Investment Management Plc is expected to serve as the Group’s investmen...

By Seun Adeye The Nigerian-Indonesian Chamber of Commerce and Industry (NICCI) successfully organized a “Walk for Mental Health Awareness” as part of activities marking Mental Health Month, reinforcing its commitment to promoting not only economic ties but also social well-being. The event, held on Saturday, 2nd May 2026, at The Aisle Residence, Lekki Phase 1 Lagos, Nigeria, brought together participants from diverse backgrounds, including business professionals, health advocates, and members of the public. The day’s activities commenced with a comprehensive medical check-up and vital signs screening facilitated by Remed Healthcare, providing participants with the opportunity to assess key health indicators and reinforcing the importance of preventive healthcare as part of overall well-being.  Following this, participants engaged in a pre-walk work out session led by Kayinsola Alabi and her team from Sweatbox, ensuring everyone was properly warmed up and energized for the walk. The...

 By Pronalytics If you run a business in Nigeria and nobody has told you about the e-invoicing mandate yet, this article is for you. Not because the information is new. The Nigeria Revenue Service published its implementation timeline in February 2026, signed by Executive Chairman Zacch Adedeji, and the rollout is already underway. But because in conversations with business owners across the country, Pronalytics keeps encountering the same reality: most founders and business owners have heard something about e-invoicing but have not yet connected it to their own operations, their own timeline, or their own risk. That gap is closing fast. And the cost of still being unprepared when it does is not a fine you can negotiate. It is a compliance failure that will show up in your financials, your relationships, and your reputation. Here is what you actually need to know. What the NRS E-Invoicing Mandate Actually Is The Nigeria Revenue Service is rolling out a mandatory E-Invoicing and Ele...

A 28-year-old Nigerian petroleum engineer, Uzoma JohnPaul Ajugwe, is drawing attention for research exploring a safer and more environmentally conscious approach to crude oil drilling, as conversations around sustainable oil production continue to grow within Nigeria’s energy sector. Ajugwe, alongside researchers from the Federal University of Technology, Owerri (FUTO), developed a study focused on creating environmentally friendly oil-based drilling mud using plant-derived oils such as almond oil, castor oil, and groundnut oil as alternatives to conventional diesel-based drilling fluids commonly used during crude oil exploration. The research comes at a time when environmental accountability is becoming increasingly important within the global oil and gas industry. Across oil-producing nations, energy stakeholders are under growing pressure to reduce the environmental impact associated with extraction activities while maintaining operational efficiency. In Nigeria, those concerns rema...

 Former Amazon analyst, Olachi Gogo Achonwa, has officially launched Elchiztrixx, a business intelligence and data visualization startup designed to help Nigerian businesses transform raw data into clear, actionable insights. Achonwa, who previously worked with global tech giant Amazon in the United States, recently returned to Nigeria after participating in the company’s voluntary separation programme. She reportedly used her severance package to establish Elchiztrixx, a platform focused on simplifying data analysis for businesses across Africa. The newly launched platform allows users to upload CSV or Excel files through a simple drag-and-drop process and instantly generate visual dashboards and analytics, helping organizations make faster and smarter business decisions. Speaking on the inspiration behind the startup, Achonwa explained that her passion for data visualization started during her studies at University of New Haven, where a classroom experience introduced her to the ...

  Amid Rising Cyber Attacks on Nigeria's Institutions, SMSAM Systems Ltd launches a bespoke cybersecurity initiative knon as Project SecureNaija Project SecureNaija combines global standards ith a containment-first strategy mapped to NDPR, CBN, and NCC regulations As cyberattacks continue to target Nigeria’s financial services and payment infrastructure, one recurring observation has emerged: many organisations are operating with security frameworks that were not designed for local conditions. Industry experts note that while digital transformation has accelerated across Nigerian banking, fintech, and telecommunications sectors, cybersecurity maturity has not always kept pace. Recurring vulnerabilities include weak access controls, poor network segmentation, delayed threat detection, and reactive incident response structures. Globally, cybercrime damages are projected to reach $10.5 trillion annually, according to Cybersecurity Ventures. Across Africa, ransomware, credential theft, an...

    A new force in African fashion has emerged with the launch of  Fresh Models , a  Lagos -based modeling agency and training academy founded by international model and creative entrepreneur  Francis Polo , also known as  Fresh Pepper . Positioned at the intersection of talent development and global opportunity, Fresh Models aims to redefine industry standards in  Nigeria  by building a pipeline of world-class models equipped for both local and international markets. “Fresh Models was created to bridge the gap between raw talent in Nigeria and the structure required to compete globally,” said Polo. “We’re not just signing models—we’re developing them with intention, discipline, and a clear understanding of the industry.” Operating out of Lagos, the agency combines representation with hands-on training through its academy, offering aspiring models access to professional development in runway, posing, and industry knowledge—an approach still relati...

  Affordable Neighborhoods Near Jakande Lekki in Lagos Nigeria Jakande  is already one of the cheaper areas in Lekki , but nearby locations can still offer competitive options. 1. Ilasan Close and slightly more structured. ●  Moderate pricing ●  Better road access ●  Growing demand 2. Agungi Balanced option. ●  Mid-range rent ●  Better infrastructure ●  Close proximity 3. Ajah Further but cheaper. ●  Lower rent ●  More availability ●  Expanding development 4. Sangotedo Value for money. ●  New estates ●  More space ●  Competitive pricing Final Thought Even within affordable zones like Jakande, you can still optimize for better living conditions or lower rent. Taking time to compare locations will always pay off.

The Nigerian Indonesian Chamber of Commerce and Industry (NICCI) successfully hosted its April 2026 Bi-Monthly Meeting at the Nigerian Institute of International Affairs (NIIA), Victoria Island, Lagos, convening a distinguished gathering of policymakers, financial institutions, investors, leaders of the organized private sectors, and diplomatic missions in Nigeria to advance conversations on sustainable economic growth through innovative banking and financial models. The high-level engagement provided a strategic platform for exploring how emerging economies like Nigeria and Indonesia can unlock capital, deepen bilateral trade, and empower small and medium-sized enterprises (SMEs) through more adaptive and inclusive financial systems. The event featured a robust lineup of presentations from leading institutions including The Alternative Bank, Flutterwave, Sewa Capital, Tyro Group, NEXIM Bank, BGL Capital and Indonesian Embassy. The session commenced with opening remarks by the Chairma...

How softbridge Digital Solutions improves business operations through cloud and DevOps. Cloud infrastructure mismanagement is costing African businesses more than they realise, and for organisations operating in Nigeria's fast-moving fintech and BFSI sectors, the margin for that kind of loss is shrinking fast.   Softbridge Digital Solutions Limited  is the technology consultancy stepping into that gap, delivering the cloud, DevOps-as-a-Service, managed IT, AI automation, and secure VPS setup capabilities that allow organisations to stop absorbing the cost of poor systems and start compounding the returns of excellent infrastructure. Across Nigeria and the wider African continent, cloud adoption is accelerating at a pace the available technical talent has struggled to match. Fintech companies are scaling production workloads on architectures that were never properly designed. BFSI institutions are attempting digital transformation without the engineering discipline to sustain i...

  By Hala Jacob The Chief Executive Officer of DK Homes, Engr. Nnamdi Ngonadi, has described Lagos as “one big construction site,” citing the city’s growing population and persistent housing deficit as key drivers of demand in the real estate sector. “Lagos is one big construction site,” Ngonadi said. “Demand has always been higher than supply here, and that’s not changing anytime soon.” According to him, the opportunity in Lagos real estate is unlike anything else in Nigeria, noting that the market continues to expand despite its challenges. Lagos, with over 20 million people spread across about 3,500 square kilometers, currently faces a housing deficit of 3.4 million units, a gap that continues to widen yearly. Ngonadi, who is from Nnewi, Anambra State, studied Electrical Electronics Engineering, a background he said shaped his approach to development with a focus on structure and method. Before founding DK Homes, he was established in the mobile phone trade and also had involvem...