Inside Business Africa - Business News, Economic Insight, African Corporate Stories.

May222026 by info@insidebusinessafricang.comNo Comments

Olamide Calls Davido Nigeria’s Most Hardworking Artist ‎

Nigerian rapper and music executive Olamide has stirred conversations online after openly praising fellow Afrobeats superstar Davido for his relentless work eth!c.‎‎In a statement that has now gone viral on social media, Olamide said Davido remains the most hardworking artist in Nigeria despite coming from a wealthy background.‎‎“I’m not the hardest-working artist. Davido is the most hardworking artist in Nigeria, and if my dad was as rich as Davido’s dad, I wouldn’t be hvstling this much,” Olamide said.‎‎The comment has sparked reactions from fans across the entertainment industry, with many applauding Olamide for recognizing Davido’s consistency, energy, and dedication to his music career over the years.‎‎Davido, who is the son of billionaire businessman Adedeji Adeleke, has often been p...

May222026 by info@insidebusinessafricang.comNo Comments

Meta Lays Off 8,000 Employees Amid Major Artificial Intelligence Restructure

Breaking News, Economy, Energy, Entertainment, Growth & Insight, News, Technology, Technology & Innovation, World

Meta Platforms has made approximately 8,000 employees redundant as part of a wide-ranging internal restructuring aimed at repositioning the company as an artificial intelligence-focused organisation.The redundancies, which account for nearly 10 per cent of Meta’s global workforce, reportedly began across regions including Asia, Europe and the United States, with affected employees receiving notification emails in the early hours of the morning.The restructuring comes as chief executive Mark Zuckerberg continues to push the company further into artificial intelligence development, repeatedly describing AI as the most critical technology shaping Meta’s future.Alongside the redundancies, the company has also redeployed around 7,000 employees to newly created AI-driven projects and initiatives...

May222026 by info@insidebusinessafricang.comNo Comments

Federal Govt Orders Bolt, Uber, Others To Provide Health Insurance For Workers

Breaking News, Business, Economy, Energy, Finance, Growth & Insight, Health, Innovation, Insurance, News, Power, Technology & Innovation, World

The National Health Insurance Authority (NHIA) has directed all app-based transport, food delivery, and logistics companies in Nigeria to ensure that their workers are covered by health insurance in line with the federal government’s compulsory health insurance policy. The directive, issued pursuant to the September 2025 Presidential Mandate on mandatory health insurance, seeks to enforce compliance with the provisions of the NHIA Act 2022, which makes health insurance compulsory for all Nigerians and legal residents. In a notice addressed to operators in the digital transport and logistics ecosystem, the NHIA stated that evidence of health insurance coverage for independent contractors and self-employed workers would now be part of the requirements for obtaining operational licences...

May222026 by info@insidebusinessafricang.comNo Comments

Malaysia to Showcase Business Opportunities for Nigerians, Others at 2026 Trade Fair

Appointments, Breaking News, Business, Corporate Stories, Economy, Energy, Entertainment, Finance, Growth & Insight, Industry, Innovation, LifeStyle, News, Travel, World

The national trade promotion agency of Malaysia, known as Malaysia External Trade Development Corporation (MATRADE), has expressed its determination to expand its $3.5 trillion economy and it is targeting Nigeria as strong participant. The 22nd edition of the trade promotion, tagged Malaysia International Halal Showcase (MIHAS 2026) slated for September 2023 to 2026 will be held at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur, the country’s capital. MIHAS 2026 is also the world’s largest Halal trade event being positioned as a leading global gateway for businesses seeking to access opportunities within the rapidly expanding 3.5 trillion Halal economy. According to the Counsellor for Trade, High Commission of Malaysia, Lagos, Nigeria, Mr. Jude Bryan ...

May222026 by info@insidebusinessafricang.comNo Comments

AHFID, Partners Unveil ‘Top 25 Women Shaping Development, Public Service’ In Africa

Business, Economy, Energy, Growth & Insight, Health, Industry, Innovation, News, World

The Africa Hub for Innovation and Development (AHFID), in partnership with Women in Public Health Leadership for Africa, Green Girl Africa and Daily Times Nigeria, has announced the Top 25 Women Voices in Development and Public Service, an initiative celebrating women driving measurable impact across the continent. The list was unveiled during a virtual event attended by development professionals, partners and media representatives. The campaign, launched to mark International Women’s Day, recognised women leading transformative work in public health, governance, education, climate action and social development. According to AHFID, more than 400 nominations were received from across sectors and were reviewed through a rigorous, structured selection process. The final honourees ...

May222026 by info@insidebusinessafricang.comNo Comments

LISA, Anitta, Rema Release Official FIFA World Cup 2026 Song

Africa, News, Sports, World

Global music stars LISA, Anitta and Rema have joined forces to release Goals, a new single from the Official FIFA World Cup 2026 Album. The song, which was released alongside its official music video on Thursday, blends Latin pop, K-pop and Afrobeats in what organisers described as a celebration of football’s global culture and unity. Goals was produced by Grammy Award-winning producer Cirkut and released through Def Jam Recordings and SALXCO UAM. According to the organisers, the single reflects the “borderless energy and global scale” of the FIFA World Cup through its fusion of international sounds and cultures. The track will be performed live for the first time during the opening ceremony of the 2026 FIFA World Cup at Los Angeles Stadium on June 12, ahead of the opening matc...

May222026 by info@insidebusinessafricang.comNo Comments

Experts Link Oil-asset Security to Increased Youth Employment

Appointments, Breaking News, Business, Economy, Energy, Growth & Insight, Industry, Innovation, News, Oil & Gas, Power, World

For years, many communities in the Niger Delta have struggled with unemployment, poverty and rising frustration among young people, a situation that has often been linked to pipeline vandalism and attacks on oil facilities. In several riverine communities in Bayelsa State, many youths say that the lack of jobs and limited economic opportunities have pushed young people into illegal activities, including oil theft and vandalism of critical national assets. But recent efforts by Pipeline Infrastructure Nigeria Limited (PINL) are beginning to change the narrative in some communities through youth training, scholarships and women empowerment programmes targeted at vulnerable residents. The company said more than 1,000 people in Bayelsa State alone are expected to benefit from the ongo...

May222026 by info@insidebusinessafricang.comNo Comments

Ekiti Gov Election: IGP Promises Adequate Security As Gov Oyebanji, Others Sign Peace Accord

Growth & Insight, News, Politics, Power, World

The inspector-general of police (IGP), Mr. Olatunji Disu, has pledged that the Nigeria Police Force (NPF) and other security agencies remain fully prepared to provide the necessary security for a free, fair, and credible governorship election in Ekiti State. Disu also encouraged the people of Ekiti State to come out peacefully on election day and exercise their constitutional rights without fear or intimidation. He spoke yesterdayin Ado-Ekiti, the state capital, during the signing of a peace accord by political parties organised by the National Peace Committee (NPC) to secure the commitment of parties and their candidates to a peaceful and violence-free 2026 Ekiti State off-cycle governorship election. Ekiti State governor and gubernatorial candidate of the All Progressives Congre...

May222026 by info@insidebusinessafricang.comNo Comments

African Marketplace woos global investors via Dubai expo

Africa, Business, Capital Market, Economy, Energy, Finance, Growth & Insight, Industry, Innovation, News, Technology, Technology & Innovation, World

Organisers of the 2026 edition of African Marketplace 2026 have said the platform will continue to connect Afro-Caribbean excellence with global opportunities as preparations intensify for the event scheduled to hold in Dubai in October 2026. According to a statement, the three-day event will take place from 10 to 12 October 2026 at the Conrad Hotel Dubai, following what organisers described as the successful debut edition in 2025. The organisers said the event will bring together products, creatives, innovators and businesses from Africa and the Caribbean with global buyers, investors, policymakers, distributors and cultural enthusiasts. The statement described African Marketplace as a pan-continental trade and cultural platform created to spotlight export-ready brands, small and...

May222026 by info@insidebusinessafricang.comNo Comments

Cricket: Northern Lions seal Nigeria Super League playoff spot

News, Sports, World

By Abiodun Adewale Northern Lions became the first team to secure a place in the playoffs of the Nigeria Super League after defeating Western Dolphins by five wickets on Thursday at the TBS Cricket Oval in Lagos, PUNCH Sports Extra reports. The victory was Northern Lions’ third consecutive win of the tournament, taking them to six points with two group-stage matches still left to play. Their unbeaten run has firmly established them as early title contenders in the inaugural edition of the competition. Having already recorded victories over Southern Sharks and Central Eagles earlier in the tournament, the Lions continued their impressive form with another composed display against the Dolphins. Western Dolphins, who won the toss and opted to bat first, struggled to build mo...