Tenant Evicted Two Weeks After Moving In as Landlord Sells House
A Nigerian woman's new home dream turned into a nightmare when her landlord sold the property just two weeks after she moved in, forcing her to vacate without a full refund.
Category : Business
UBA and BII Partner to Support SMEs, Close Africa's Trade Gap
UBA UK and British International Investment sign a letter of intent to enhance trade finance access for African SMEs, targeting the continent's $80 billion annual gap. The collaboration leverages UBA's network and AfCFTA opportunities.
Nigeria Advances Gas Pipeline Talks in London for Europe Supply
Nigeria has escalated discussions in London on a transcontinental gas pipeline project to supply European markets, with investments exceeding $20 billion anticipated. Key stakeholders, including Minister Ekperikpe Ekpo and NNPC officials, highlighted the
Sanusi II Earns N442m from MTN as Telecom Giant Profits
Muhammadu Sanusi II received N442 million in 2025 as a non-executive director at MTN Group, marking an increase from the previous year. This compensation rise coincides with MTN's return to profitability and highlights the value of experienced board overs
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Man's N62,000 Fuel Purchase Sparks Economic Debate in Nigeria
A Nigerian man's viral video lamenting the N62,000 cost of a gallon of fuel has ignited widespread reactions online, highlighting economic hardships and political criticism amid rising living costs.
US Returnee Spends Millions on Solar Power in Lagos Home
A Nigerian woman who relocated from the United States to Lagos has invested N8 million in a sophisticated solar power system to ensure uninterrupted electricity supply, showcasing her setup on social media.
Dangote Petrol Price Hits N1,275/Litre as Oil Tops $110
Dangote Petroleum Refinery has increased petrol prices twice within 24 hours, reaching N1,275 per litre, as global crude oil prices surge above $110 due to Middle East tensions.
Vitel Wireless Unveils Non-Expiring Data for Nigerian Users
Nigeria's newest telecom operator, Vitel Wireless, introduces a revolutionary 'data that never expires' campaign, allowing subscribers to retain purchased data indefinitely until fully used, aiming to address common consumer complaints and disrupt the tel
Ex-Fidelity Bank Worker Shares 2008 Salary Details
A former Fidelity Bank executive trainee who relocated to Germany has disclosed his 2008 annual salary of N1.6 million, sparking discussions about banking sector compensation changes over time.
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Tennie Oyewole: Architect of Nigeria's Influencer Economy
Tennie Oyewole, known as Miss Tennie, has quietly shaped Nigeria's influencer economy through strategic roles at TikTok and her talent management company, TT Effect, now part of Defears Management.
FirstPower Intensifies Removal of Illegal Power Line Structures
FirstPower Electricity Distribution Company has intensified efforts to remove illegal structures under power lines in Awka/Abagana District, partnering with ACTDA to enforce safety clearances and prevent dangerous violations.
Africa's Top 10 Happiest Countries in 2026 Ranking
The 2026 World Happiness Report highlights Africa's happiest nations, with Mauritius leading the continent. Strong social support and health outcomes prove more crucial than income alone.
DisCo Pledges 24-Hour Electricity to Anambra via CNG Plan
FirstPower Electricity Distribution Company announces plans to deliver uninterrupted 24-hour electricity to selected areas in Anambra State using a Compressed Natural Gas-powered project, targeting completion within six to eight months.
Shippers' Council Suspends Shipping Tariff Hike
The Nigerian Shippers' Council has ordered shipping lines to suspend a recent tariff hike, citing concerns over timing and impact on port users, following protests by freight forwarders in Lagos.
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Nigeria's Pension Paradox: Big Assets, Poor Payouts
Nigeria's Contributory Pension Scheme faces a crisis as retirees struggle with low monthly payouts despite N22.51 trillion in assets, highlighting inflation's impact and regulatory gaps.
Turkish Airlines $2.2bn Profit in 2025, Adapts to Global Challenges
Turkish Airlines reported a core operating profit of $2.2 billion in 2025, with revenue rising to $24.1 billion. Chairman Ahmet Bolat attributes success to adapting to geopolitical tensions and supply chain disruptions.
Tax Reforms to Favor Women, Youths, FG Assures
The Federal Government has assured that ongoing fiscal and tax reforms will create a fairer, more inclusive system supporting economic participation, with a focus on women, youths, and informal workers.
Providus Bank Met CBN Recapitalisation in January 2025
Providus Bank management debunks media reports, confirming it achieved the Central Bank of Nigeria's ₦50 billion recapitalisation threshold in January 2025, with a current capital base of ₦65 billion.
Middle East Conflict Disrupts Fertilizer Supply, Hits African Food
The ongoing Middle East conflict has severely disrupted trade through the Strait of Hormuz, impacting global energy and fertilizer markets. This disruption raises costs for African countries like Nigeria, threatening food production and increasing prices
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CAADP Kampala Implementation Workshop Held in Yaoundé
Stakeholders and leaders across Africa gathered in Yaoundé, Cameroon, for a three-day workshop on implementing the CAADP Kampala Guidelines to transform the continent's agrifood systems from 2026 to 2035.
Nigerian Breweries Earns 2026 Top Employer Certification
Nigerian Breweries Plc has been awarded the 2026 Top Employer Certification in Nigeria by the Top Employers Institute, recognizing its excellence in HR practices, including talent development and employee wellbeing.
Experts: High Costs, Bonding Fuel Pilot Shortage in Nigeria
Aviation experts highlight rising pilot training costs and strict bonding agreements as key drivers of contract breaches and shortages in Nigeria's aviation sector, urging balanced solutions.
Bank Collusion Alleged in $43.5M Oriental Energy Dividend Case
Fresh allegations of bank collusion have emerged in the $43.5 million dividend dispute between twin sisters and Oriental Energy Resources. Court documents suggest banks may have concealed funds to frustrate enforcement of a court judgment.
SCAN Pushes Green Ports, Celebrates Dockworkers in 2026 Event
The Shipping Correspondents Association of Nigeria (SCAN) calls for green port initiatives and sustainable practices for dockworkers, with a focus on environmental performance and economic viability in seaports. The upcoming SCAN Dockworkers' Day 2026 wil
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Shippers' Council Calls for Dialogue on Tariff Hike
Nigerian Shippers' Council CEO Dr. Pius Akutah urges freight forwarders to embrace dialogue over tariff protests, warning industrial actions could disrupt port operations and harm the economy.
Africa's Infrastructure Boom Faces 150,000 Professional Shortfall
A new report from the Project Management Institute reveals that Sub-Saharan Africa's construction sector will face a deficit of nearly 150,000 professionals by 2035, threatening the delivery of critical infrastructure projects across the continent.
Nigeria-UK Customs Deepen Strategic Engagement for Trade
The Nigeria Customs Service and UK's HMRC have enhanced cooperation through a high-level meeting in London, focusing on customs modernization, data transparency, and trade facilitation under the ETIP framework.
Ikota Shopping Complex Elects New Leadership and Board
Shop owners at Ikota Shopping Complex have elected a new Executive Committee and nominated a Board of Trustees to enhance governance and transparency after a period without formal leadership.
Alakija Urges Nigerian Women to Persist with Faith
Folorunsho Alakija, Africa's richest woman, encourages Nigerian women to embrace persistence and faith to overcome barriers, sharing her journey from modest beginnings to business success at an International Women's Day event.
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Remembering Lawal Yusuf Obelawo: A Nigerian Titan
Lawal Yusuf Obelawo, a pioneering Nigerian entrepreneur and community leader, passed away at 95. His legacy includes founding Africa's first plastic pipe factory and shaping Osun State's creation.
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