REA Commissions Solar Mini-Grid for Five Lagos Communities
The Rural Electrification Agency has commissioned a solar mini-grid to provide electricity to five communities in Lagos State, impacting over 1,000 households and businesses.
Category : Business
Ethiopia FDI: From Growth to Conflict-Driven Risk Repricing
Ethiopia's FDI inflows dropped from $4.1B peak to $3.7B in 2022, as conflict and debt pressures reshape investor confidence and industrial park viability.
Zedvance Finance Appoints Three New Directors to Board
Zedvance Finance Limited has appointed three new independent non-executive directors to bolster its board and drive growth in Nigeria's consumer finance sector.
FG Hands Over Enugu Airport to Private Operator
The Nigerian government has officially handed over the Akanu Ibiam International Airport, Enugu, to a private operator under a 30-year concession agreement aimed at improving infrastructure and services.
NITDA, Meta Partner for Youth Online Safety
NITDA and Meta launch a partnership to enhance online safety for Nigerian youth, focusing on digital literacy and data protection.
Nigeria's Brand Crisis: Reforms Undermined by Leadership Failures
Nigeria's brand has weakened due to institutional decline, poor governance, and unguarded public statements, undermining economic reforms and investor confidence.
Digital Payments Empower Nigeria's 39 Million MSMEs on MSME Day
Nigeria has over 39 million MSMEs contributing 48% of GDP. PalmPay's digital ecosystem and Hustle Grant help businesses scale, as highlighted on World MSME Day.
Cornerstone Insurance Profit Drops 54.6% on Naira Reversal
Cornerstone Insurance's post-tax profit fell 54.6% in 2025 as foreign exchange gains reversed from N30.8bn to -N6.1bn, following naira devaluation impacts.
Providus, Unity Bank to Begin Joint Operations After Merger
Providus Bank and Unity Bank have received regulatory approval to merge, with joint operations starting immediately. The merger aims to strengthen the combined entity's financial standing and market reach.
UBA Chairman Tony Elumelu Reflects on Early Career Scepticism
Tony Elumelu recounts being called a 'joker' for acquiring Crystal Bank in 1997, later merging it with UBA. He advises entrepreneurs to view business as a marathon, not a sprint.
Nigeria reaffirms commitment to domestic revenue mobilisation
Nigeria cannot rely on external funding for development, Finance Minister Taiwo Oyedele said, reaffirming commitment to domestic revenue mobilisation reforms at an Abuja workshop.
CBN, Trade Ministry Urge Private Sector Input for AfCFTA
Nigeria's CBN and Trade Ministry call for stronger private-sector participation in policy to reduce cross-border trade barriers and accelerate AfCFTA implementation.
)
How to Fund Your Child's Education Abroad in Nigeria
Learn how to fund your child's education abroad in Nigeria with structured plans like Leadway Education Target Plan, offering flexibility and protection.
Former FCMB Banker Returns After 7 Years, Shows Welcome Pack
Dr David Ephraim Mathias, a former FCMB employee, returned to the bank after seven years and shared his welcome pack on LinkedIn, calling it a fruitful homecoming.
GTBank Staff Promoted After 3 Years, Shares Inspiring Story
Samuel Shobande, a GTBank employee, celebrates promotion from Executive Trainee to Assistant Banking Officer after three years, highlighting consistency and praise from leaders.
Naira Gains 0.03% Against US Dollar at Official Market
The naira appreciated by 0.03% against the US dollar at the official NAFEX window on Friday, June 26, 2026, trading at N1,380.93/$1, a gain of 50 kobo from the previous session.
Depots Cut Petrol Below Dangote’s N1,127 in Energy Competition
Private depot owners have slashed petrol prices below Dangote’s N1,127/litre, intensifying competition in Nigeria’s downstream sector. Aiteo and MRS Tincan sell at N1,125, while Bono and others offer N1,126.
Lagos Govt Apologizes for Waste Evacuation Failures
Lagos State Government acknowledges waste evacuation lapses, apologizes to residents, and outlines plans for a circular waste economy and waste-to-energy investments.
Aircraft Crashes into Beijing's CITIC Tower
A small aircraft struck Beijing's CITIC Tower on Friday, causing debris and evacuations. Authorities have not issued an official statement, and an investigation is underway.
Prince William Now a Billionaire, Richer Than King Charles
Prince William now controls assets worth £1.2 billion through the Duchy of Cornwall, surpassing King Charles III's estimated £640 million fortune, according to new financial accounts.
)
FG admits ₦70,000 minimum wage no longer enough, signals review
The Federal Government acknowledges the ₦70,000 minimum wage is insufficient due to inflation, signalling a fresh review. Chief of Staff Femi Gbajabiamila says the government will partner with labour in upcoming negotiations.
)
Lagos waste crisis: Tokunbo Wahab apologises to residents
Lagos Environment Commissioner Tokunbo Wahab apologises to residents over poor waste collection, outlines plans for waste-to-energy projects and reforms to tackle the state's waste management crisis.
Remi Tinubu: Start Akara Business with Little Capital
Nigeria's First Lady Remi Tinubu urges women to start small food businesses like akara and roasted corn, offering grants under the Renewed Hope Agenda.
FG Hands Over Enugu Airport to Aero Alliance in PPP Deal
The federal government has handed over Akanu Ibiam International Airport, Enugu, to Aero Alliance Limited under a 20-year PPP arrangement for rehabilitation and operation.
Cooking Gas Price Drops 31.8% to N1,500/kg in Nigeria
Cooking gas prices in Nigeria have fallen by about 31.8% to N1,500 per kilogramme, offering relief to households. Improved supply and regulatory actions are key drivers.
)
Skills Employers Now Prioritise More than Degrees
In Nigeria, employers now prioritise soft skills like adaptability, communication, and emotional intelligence over degrees, driven by AI and remote work.
)
China launches 10G internet: How Nigeria compares
China launches world's first commercial 10G broadband network with 10 Gbps speeds, downloading HD movies in seconds. Nigeria still expanding 5G and fibre, with 10G a long-term goal.
Nigerian Man Saves N200k Monthly, Shares 9-Month Balance
A young Nigerian man saved N200,000 monthly in a money market fund for 9 months. His total balance exceeded N1.8 million, sparking questions about returns and the platform used.
)
Nigeria delisted from 2026 Math Olympiad over funding
Nigeria has been downgraded to observer status at the 2026 International Mathematical Olympiad due to chronic funding failures, reviving debate over support for gifted students.
)
Luno Tokenised Stocks: Global Brands as World Cup XI
Through Luno's Tokenised Stocks, Nigerians can invest in over 60 global stocks like Apple, Amazon, and Microsoft from the Luno app, with fractional ownership and 24/5 access.
Page 103 of 452