Nigeria’s SMEs: Resilient, Essential and in need of the Right Partners

By Aderonke Oluwadare Nigeria’s micro, small and medium sized enterprises remain central to the country’s economic growth, employment and household incomes. According to the NBS and SMEDAN MSME 2021 survey, as cited in PwC Nigeria’s MSME Survey 2024, MSMEs account for 96.9 per cent of businesses, 87.9 per cent of employment, 46.32 per cent of gross domestic product and 6.21 per cent of exports. These figures underline the importance of Nigerian SMEs to job creation, innovation and inclusive economic development. They also explain why the health of the sector should…

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Military Aircraft With 32 On Board Crashes In Ondo

A Nigerian Air Force aircraft carrying 32 people has crashed in Igbokoda, headquarters of Ilaje Local Government Area of Ondo State. The aircraft, identified as an ATR-42 with tail number NGR 931, was travelling from Benin to Lagos when air traffic controllers lost contact with it at about 9:13 a.m. on Monday, October 5, 2026. Minister of Aviation and Aerospace Development, Festus Keyamo, confirmed the incident, saying the aircraft was subsequently confirmed to have crashed close to the Naval Base in Igbokoda. According to the minister, preliminary information indicated that…

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Temi Nkem Wins Big Brother Naija Season 11

Temi Nkem has emerged as the winner of Big Brother Naija Season 11, tagged “Show Ya Sef.” The 21-year-old reality TV star was crowned winner during the grand finale of the popular reality show on Sunday, October 4, 2026. Temi defeated Aikou and Sheba, who finished as first and second runners-up respectively, to claim the coveted BBNaija crown. She polled 25.87 per cent of the total votes, while Aikou received 23.68 per cent and Sheba secured 9.80 per cent. With her victory, Temi takes home a ₦160 million prize package,…

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Kidnappers Slash N1bn Ransom to N100m for 20 Abducted NYSC Members

Kidnappers holding 20 prospective National Youth Service Corps members abducted in Imo State have reportedly reduced their ransom demand from N1 billion to N100 million. The abductors initially demanded N50 million for each of the 20 victims, who were travelling from Ibadan, Oyo State, to their NYSC orientation camps in Abia and Akwa Ibom states when gunmen attacked the two buses along the Owerri-Onitsha Road in Umunoha, Imo State. However, the kidnappers have now reportedly reduced the demand to N5 million per victim, bringing the total ransom to N100 million.…

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