Business Report

    AfrileapLabs Unveil 2026 Accelerator to Support Africa’s High-Potential Founders In Africa’s startup scene, many founders have great ideas but face the same challenge, as they struggle to move from vision to real business growth. Building for African and global markets takes more than passion, because founders need guidance, structure, trusted networks, and access to funding. As it stand AfrileapLabs is stepping in to bridge this gap with its newly opened 2026 Accelerator Program, designed for early and growth-stage founders who have promising ideas or early traction but need support to refine their business models, validate their markets, strengthen operations, and become truly investment-ready.  Participants receive more than $20,000 worth of tools and business resources along with hands-on mentorship, access to a growing community of builders, and direct introductions to investors across Nigeria and international markets.  As founders progress through the prog...

    UK-based Nigerian content creator Precious Ubani showcases the beauty of Nigeria to her in-laws. UK-based Nigerian content creator Precious Ubani showcases the beauty of Nigeria to her in-laws. Determined to show the vibrancy and warmth of her homeland, Ubani took her family on a lively tour of Lagos, stopping at the iconic Balogun Market to shop for traditional fabrics and caps. The video, shared on Instagram, captured the family's cheerful and relaxed demeanor as they explored the bustling market before traveling to the eastern region, Ubani's place of origin. In her post, Ubani urged caution but encouraged visitors to experience Nigeria firsthand: "Please don't let people scare you from Nigeria ooo. I'm not saying it's perfect, but it's not as scary-just be cautious. I took my in-laws to the east, to Lagos, we moved around without security most of the time and we were fine! This is your sign sha, but be careful." The post quickly went viral,...

Q5 Party: A New Shared Celebration for Forward-Thinking Organisations Events Architects announces the Q5 Party, a shared end-of-year corporate celebration taking place on 11 December 2025 at Queens Park, Oniru, Lagos. Designed for forward-thinking organisations, the event offers companies a simple yet premium way to celebrate their teams without the logistics and pressure of planning an independent year-end party. Created by Funmi Victor-Okigbo, Chief Visionary Officer of Events Architects Ltd, the Q5 Party is a high-quality celebration crafted to help organisations honour their achievements, appreciate their people, and connect with other professionals in a refined, thoughtfully curated environment. This modern approach blends celebration with connection, creating space for meaningful interactions among companies across various industries while ensuring teams enjoy a memorable close to the business year. Guests will experience a fully curated evening featuring top-tier entertainment, ...

  REO Foundation President Leads Team; Congratulates Founder, Amb. Dr. Onolememen, on Honorary Doctorate and Dual Awards The President of the REO Foundation, Clo (Amb Chioma Lynda Onwuka), has congratulated the Visionary and Founder of the Foundation, Ambassador Dr. Richy E. Onolememen (MBA, FCIA, FMAA), on his recent Honorary Doctorate and Dual Awards for Financial Stewardship and Humanitarian Impact, received at the Great Achievers Summit and Award of Excellence held in Abuja. During a courtesy visit to his office, Clo described Dr. Onolememen as “a transformational leader whose commitment to human capital development continues to inspire young Nigerians and emerging African changemakers.” The Honour, jointly presented by the Great Achievers Initiative for Youth and Community Development (GAIYD) and American Management University (AMU), recognized Dr. Onolememen’s long-standing contributions to youth empowerment, support for the underserved, and his consistent championing of comm...

Gateway Polytechnic Approves Nervego Tech Community Initiative Following Successful Meetup Gateway ICT Polytechnic, Saapade, has formally endorsed and approved the establishment of the Nervego Tech Community Initiative within the institution following the success of the maiden edition of the Nervego Tech Innovators Meetup - #NTIM2025 held yesterday, November 27, 2025, at the school auditorium. The endorsement came after a warm reception from the Rector, Dr. Sanni Kehinde Oseni, Deans and Heads of Department who expressed confidence in Nervego’s vision for digital transformation, skill development and youth empowerment. The partnership clears the pathway for Nervego to begin recruiting, training, and mentoring students in software-driven innovation for both local and global tech ecosystems. At the event, students expressed strong enthusiasm and anticipation to join the program, signalling a high potential for talent discovery within the institution. Nervego CEO and Co-Founder, Paul Iles...

 How IBEDC officials made me lose my pregnancy - Adebola Arowona An Ibadan resident, Mrs. Adebola Arowona, has shared her emotional account of events surrounding an altercation with officials of the Ibadan Electricity Distribution Company (IBEDC), during which she claims she was assaulted and subsequently lost her pregnancy.  Her account comes after IBEDC alleged that she attacked its staff during an operation in her area. Speaking with journalists, Adebola said she decided to tell her story publicly because of the trauma she has endured.  According to her, the incident started on November 8, 2025, when IBEDC officials first visited her residence to check her meter. “They were in my house for almost an hour and said they didn’t find anything,” she recalled. “But one of them later asked for ₦300,000, he asked me to send it to his Opay account, but I refused because I do not know what I was asked to pay for." She also alleged that one of the officials made inappropriate adv...

  Crest Africa Announces Power 100: Showcasing Influential African Entrepreneurs Redefining Success Across the UK.   Crest Africa has announced the  Power 100  list for November 2025, celebrating the most influential African entrepreneurs whose work continues to transform industries and redefine success across the United Kingdom. This latest recognition highlights the growing influence of African business leaders within the global marketplace. Crest Africa is a storytelling platform dedicated to showcasing African innovation, leadership, and excellence. Through its consistent recognition programs, it has become a credible voice amplifying those who are shaping Africa’s present and future. Its Leaders Shaping Africa in 2025 list in May and Top 50 Voices in African Tech 2025 in June both captured the spirit of progress and transformation, and the Power 100 extends that legacy into the vibrant UK entrepreneurial ecosystem.   In the context of African influence abro...