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Business · BusinessDay ·
The psychological minefield of leadership – Part 2
Leadership roles involve navigating complex mental and emotional challenges that impact professional performance and organizational health. The discussion focuses on the internal struggles of those in authority and the necessity of managing psychological pressures to ensure effective governance and sustainable success.
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Business · Nairametrics ·
Four-month rally pushes Nigerian stock to new peak, investors gain N56 trillion
The Nigerian stock market has reached a record high following a sustained four-month rally. This upward trend resulted in significant financial returns for investors, who gained approximately N56 trillion during the period. The market performance reflects a period of consistent growth across various sectors listed on the exchange.
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Business · Leadership News ·
Global Partners Fund 10 Nigerian Startups Projects With $560,000
Global partners have provided $560,000 in funding to support ten Nigerian startup projects. This financial commitment is aimed at enhancing the growth and operational capacity of the selected ventures, reflecting continued international investment interest in the Nigerian entrepreneurial ecosystem and its various developmental initiatives.
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Business · Leadership News ·
Nigeria Enhances Indigenous Firms Status To Attract Global Investors At OTC 2026
The Nigerian government is working to improve the standing of indigenous firms to secure international investments at the 2026 Offshore Technology Conference. This initiative aims to strengthen local participation in the global energy sector and showcase the capabilities of domestic companies to foreign partners during the upcoming industry event.
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Business · Nairametrics ·
Fidelity Bank announces exit of Morohunke Bammeke from Board
Fidelity Bank has officially announced the departure of Morohunke Bammeke from its Board of Directors. The financial institution confirmed the change in its leadership structure through a formal notice, marking the end of Bammeke's tenure as a director at the Nigerian commercial bank.
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Business · ThisDay ·
Workers’ Day: Optiva Capital Partners Celebrates Its Workforce
Optiva Capital Partners marked the annual Workers’ Day by acknowledging the contributions and dedication of its employees. The firm emphasized the importance of its workforce in driving organizational growth and achieving strategic objectives within the Nigerian investment sector.
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Business · Leadership News ·
Manufacturing Sector’s Tax Contribution Rises To N1.17trn, Spurs Demand For Fiscal Support
The manufacturing sector in Nigeria has increased its tax contributions to N1.17 trillion, leading stakeholders to advocate for enhanced fiscal support. This significant financial input highlights the industry's importance to the national economy while emphasizing the need for government intervention to address ongoing operational challenges and sustain growth within the sector.
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Business · Leadership News ·
Foundation Urges SMEs To Drive Value Creation Nationwide
A Nigerian foundation has called upon small and medium-scale enterprises to prioritize value creation across the country. This initiative aims to stimulate economic growth and innovation within the private sector as businesses are encouraged to expand their impact on the national economy through improved operational standards and service delivery.
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Business · BusinessDay ·
Moody’s exits South Africa licence in strategic pivot to cross-border growth
Global rating agency Moody’s is surrendering its domestic license in South Africa as part of a strategic shift toward cross-border growth. The firm intends to focus on international scale ratings rather than maintaining local regulatory status, signaling a broader change in its operational approach within the African financial market.
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Business · BusinessDay ·
Cybersecurity boom lifts Chams’ profit by 188%
Nigerian technology firm Chams reported a 188 percent increase in profit, driven by a significant surge in demand within the cybersecurity sector. The company's financial growth reflects the expanding digital security market in Nigeria as businesses increasingly invest in protecting their infrastructure against evolving cyber threats.
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Business · Leadership News ·
OPEC Considers Output Hike In June Despite Hormuz Disruption
OPEC members are contemplating an increase in oil output for June, notwithstanding current disruptions in the Strait of Hormuz. The organization is evaluating production levels as global supply chains face challenges in the strategic maritime corridor, aiming to balance market demands despite geopolitical tensions affecting regional shipping routes.
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Business · Leadership News ·
Telecom Operator Posts N355.5bn Profit In Q1
A telecommunications operator in Nigeria reported a profit of 355.5 billion Naira for the first quarter of the year. This financial result indicates significant growth within the sector during the initial three months of the fiscal period, reflecting the company's performance and market position in the Nigerian economy.
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Business · Vanguard ·
May Day: Electricity workers face daily threats as system crumbles, Labour laments
Labor unions have highlighted the increasing hazards faced by electricity workers due to the deteriorating state of Nigeria's power infrastructure. During May Day observances, stakeholders noted that employees encounter daily physical threats and operational challenges as the national grid continues to struggle, necessitating urgent interventions to safeguard personnel and improve service delivery.
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Business · ThisDay ·
Jerry Eze Foundation Distributes N1bn Grants to Entrepreneurs
The Jerry Eze Foundation has commenced the distribution of N1 billion in grants to entrepreneurs. This initiative aims to support small business owners and boost economic activities by providing direct financial assistance to various recipients across the country to enhance their business operations and sustainability.
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Business · BusinessDay ·
Access Holdings’ crosses N1tn profit mark for the first time
Access Holdings has recorded an annual profit exceeding one trillion Naira for the first time in its corporate history. This financial milestone marks a significant growth point for the Nigerian multinational financial services group, reflecting its expanding operations and market position within the country's banking and investment sector.
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Business · Leadership News ·
NNPC Completes River Niger Crossing For OB3 Pipeline
The Nigerian National Petroleum Company Limited has successfully completed the River Niger crossing for the Obiafu-Obrikom-Oben gas pipeline project. This technical milestone facilitates the transport of natural gas across the country, enhancing industrial energy supply and supporting the federal government's gas infrastructure expansion goals within the domestic market.
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Business · Leadership News ·
Investors Gain N26.78trn In 30 Days Amid Foreign Inflows’ Rebound
Nigerian investors recorded a total gain of 26.78 trillion Naira over a thirty-day period, driven by a significant recovery in foreign investment inflows. This substantial growth reflects a positive trend in the nation's financial markets as international capital returns to the domestic economy during the specified timeframe.
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Business · Leadership News ·
Distributors Seek Trade Incentives To Drive Demand For New Products
Distributors in Nigeria are advocating for the introduction of trade incentives to stimulate consumer demand for new products. These stakeholders believe that such measures will facilitate market penetration and support business growth amid current economic conditions, ensuring that innovative offerings reach a wider audience more effectively.
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Business · Leadership News ·
Akwa Ibom Establishes Firm For Mechanised Farming
The Akwa Ibom State government has established a specialized company to drive mechanized farming initiatives across the region. This strategic move is intended to modernize the state's agricultural sector, improve food security, and enhance economic productivity through the deployment of advanced farming equipment and modern techniques.
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Business · Leadership News ·
Federal Govt Earmarks N150bn For 8.9km Bonny-Bodo Link Road Construction
The Nigerian Federal Government has allocated 150 billion Naira for the construction of an 8.9-kilometer road linking Bonny and Bodo. This funding commitment is directed toward completing the critical infrastructure project, which aims to improve transportation and enhance economic connectivity within the Niger Delta region.