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President Tinubu has approved free CAC registration for 250,000 MSMEs nationwide. Beneficiaries will also receive technical training and business support. Applications are via the SMEDAN portal.
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South Korea announces a $1.2 trillion public-private investment in AI data centres and semiconductor manufacturing, led by Samsung and SK hynix, to boost global tech leadership.
The Federal Government approves free CAC registration for 250,000 MSMEs, with training and development support, to boost formalisation and financial inclusion.
Nigerian crypto entrepreneur Blord shared a harrowing account of an alleged kidnap attempt while driving his son to school, claiming he escaped by switching his Mercedes GLA to sport mode after gunmen shot at his tires.
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Out There Media and Pulse Africa partner to create a digital advertising superpower across Africa, combining Mobucks™ technology with Pulse's local execution to reach 300M subscribers.
South Korea announces $880bn investment to expand semiconductor hubs, AI data centres, and robotics facilities beyond Seoul, aiming to revitalise rural economies and secure global AI leadership.
itel Home expands to 112 stores across Nigeria, evolving from mobile phones to a one-stop digital home appliance retail chain, enhancing access to technology.
Eko Electricity Distribution Plc reports widespread blackout affecting millions in Lagos due to grid failure, highlighting ongoing vulnerabilities in Nigeria's electricity transmission system.
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OPay introduces Emergency Lock and Safety PIN to help Nigerians protect funds instantly during security threats, with a 24-hour freeze that cannot be reversed.
Three Brazilian sisters with a combined age of 316 have been named the world's oldest living trio of siblings by Guinness World Records. Researchers are studying their DNA to uncover secrets of longevity.
The landing cost of imported petrol in Nigeria has fallen to N1,003 per litre, widening the price gap with Dangote Refinery and raising hopes of lower pump prices for Nigerians.
A Nigerian lawyer explains that unpaid lawsuit fines don't disappear; they follow you forever, with interest, and bankruptcy is a terrible option. He advises caution on the road.
Providus Bank and Unity Bank have officially merged to form ProvidusUnity Bank, aiming to deepen financial inclusion and support Nigeria's economic growth with enhanced services.
Nigeria tops the 2025 CAF World Giving Report with 2.8% of income donated, making it the most generous country globally. The report surveyed 60,000 people across 105 countries.
NAFDAC launches 'Read the Food Label Campaign' to reduce diet-related diseases. Director-General Mojisola Adeyeye urges Nigerians to check sugar, sodium, and ingredients. NCDs cause 29% of deaths in Nigeria.
Zenith Bank Plc reaffirmed commitment to advancing trade between Canada and Africa as headline sponsor of the 6th Canada-Africa Business Conference in Lagos.
The 2026 Lagos State Public Service Club Games concluded after two weeks, with Oakleaf Pharmaceuticals promoting preventive healthcare and physical activity among public servants.
Nigeria's renewable energy sector is attracting massive investments, with a $271 million capital expenditure funding 315 solar mini-grid sites to connect 2.9 million people to clean electricity.
Ogun State Governor Dapo Abiodun announces that the 28-kilometre Ogun section of the Lagos-Calabar Coastal Highway will be completed by end of 2026, boosting the proposed deep sea port and investments.
The CPPE warns that a Senate-proposed ban on textile imports would hurt Nigeria's economy, disrupt supply chains, and threaten millions of jobs, urging structural reforms instead.
Chicken Republic has launched an improved Smokey Jollof recipe across Nigeria, enhancing flavour and consistency. The update reflects the brand's commitment to customer feedback and menu innovation.
Kwari Market in Kano, Africa's largest textile trading hub, faces declining sales, rising costs, and currency instability, yet traders adapt to survive.
LASTMA launches toll-free hotline 3367 for residents to report traffic incidents and monitor officer conduct, replacing the previous long-code service.
UBA Plc reaffirms commitment to sustainability and employee wellbeing by mobilising thousands across 20 African countries for its 'Jogging to Bond' wellness initiative, featuring clean-up exercises and fitness activities.
Senator Adams Oshiomhole fully supports Governor Monday Okpebholo's proposal to impose the death penalty by firing squad on kidnappers and bandits in Edo State.
The Nigerian Exchange ended the week lower with the All-Share Index declining 1.65% and market capitalisation falling to N148.91 trillion, as bearish sentiment prevailed.
The average retail price of household kerosene in Nigeria fell by 0.17% month-on-month to N2,971.94 per litre in May 2026, with Sokoto recording the highest cost at N3,984.09 per litre.
CPPE warns that banning textile fabric imports could harm Nigeria's N10 trillion fashion industry, risking 10 million livelihoods, and urges competitiveness reforms instead.
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Sunday Dare defends First Lady Oluremi Tinubu's akara business comments, sharing his mother's story of selling akara to raise him, urging Nigerians to embrace entrepreneurship.
Sunday Dare defends First Lady Remi Tinubu's call for Nigerians to start small businesses like akara selling, citing his mother's success with such trades.