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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.
Category : Business
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Lafarge Africa Plc Rebrands to HBM Nigeria Plc
Lafarge Africa Plc has officially changed its name to HBM Nigeria Plc, unveiling a new corporate identity that aligns with its shareholder structure and signals a forward-looking phase of growth.
CBN Warns Against Naira Abuse, Replacement Costs Rise
CBN warns against naira abuse and mutilation, citing rising replacement costs. Governor Cardoso launches Naira Ambassadors Club to educate students on proper currency handling.
Remi Tinubu: Start Small Businesses Like Akara, Corn, Kuli-Kuli
First Lady Remi Tinubu advises poor Nigerians to start small businesses like akara, corn, and kuli-kuli, stating it doesn't require much capital, while highlighting over ₦3 billion in grants.
Nigerian Stock Market Loses N958.5bn as Aradel, Oando Lead Selloff
The Nigerian Exchange extended its losing streak on Thursday, with the All-Share Index falling 0.64% and market cap dropping by N958.5 billion, driven by sell-offs in Aradel Holdings, Oando, and banking stocks.
NUC Approves Taraba State University of Tropical Agriculture
The National Universities Commission has approved Taraba State University of Tropical Agriculture, Science, Technology, and Climate Action (TSU-TASCA) in Gembu, focusing on agriculture, technology, sustainability, and climate resilience.
PalmPay Hustle Grant Boosts GreenTead Farm to Multi-Million Naira
John Adekunle Akinloye used the PalmPay Hustle Grant to expand GreenTead Farm, investing in irrigation and tomato processing to generate over N2 million in revenue.
Free POS Devices Help Young Nigerians Create Jobs
Technology like free POS devices and airtime credit enables young Nigerians to start micro-businesses without upfront capital, tackling unemployment and underemployment.
Dangote Refinery Slashes Fuel Price Again to N1,125
Dangote Refinery reduces petrol gantry price to N1,125 per litre from N1,175, marking a N50 drop. Total reduction in two weeks reaches N125 per litre amid falling crude oil prices.
Top 10 Biggest Banks in Africa in 2026: SA, Nigeria, Egypt Lead
Africa's top 10 banks in 2026: Standard Bank leads, followed by FirstRand, NBE, Absa, Nedbank, UBA, Banque Misr, CIB, Ecobank Ghana, and Sterling Bank.
Nigerian Man Who Faced Debt During University Finals Honoured
Jeremiah Musa, a Nigerian media entrepreneur, was named Most Influential African Business and Communications Leader at the 9th Annual MEA Markets African Excellence Awards, overcoming a $100 debt that once blocked his university finals.
Nigeria Proposes Pan-African Payment Card to Cut Dollar Reliance
Nigeria plans a pan-African payment card enabling direct currency transfers between African nations, reducing dollar reliance. Finance Minister Taiwo Oyedele announced the initiative with Mastercard's support.
CBN Orders Freeze on Assets of 6 Nigerians, 4 BDCs Over Terror
The CBN has directed all banks to freeze assets of six individuals and four BDCs designated for terrorism financing under NIGSAC and OFAC sanctions lists.
Tinubu: Africa must add value to mineral resources
President Tinubu declares open AFNIS 2026, urging Africa to move beyond raw material supply, build value chains, and attract partnerships that promote local jobs and technology transfer.
UAE Expands Visa-on-Arrival Programme for Six Countries
The UAE now offers 14-day or 60-day visa-on-arrival for nationals of Indonesia, Vietnam, Thailand, Philippines, Kenya, and South Africa holding valid residence permits from select nations.
Bank Credit to Private Sector Rises to N81trn
Nigerian bank lending to the private sector rose to N81.041 trillion in May 2026, while cash outside banks hit a record N5.193 trillion, CBN data shows.
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FG discovers platinum, gold, lithium, rare earth minerals in Kaduna
The Federal Government announces a world-class polymetallic mineral province in Kaduna, with deposits of platinum, gold, lithium, and rare earth elements, potentially transforming Nigeria's economy beyond oil.
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AI Won't Take Your Job, But Someone Using AI Might
AI will not replace you, but a professional who uses AI effectively will. Employers now seek candidates blending human intuition with digital efficiency.
Dangote Refinery Slashes Petrol Price by N50 as Crude Drops
Dangote Petroleum Refinery cuts petrol price by N50 per litre to N1,125, citing falling crude oil prices below $73 per barrel amid easing Middle East tensions.
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Nigerians Question Fuel Prices as Crude Oil Drops to $73
Despite crude oil prices falling to $73 per barrel after the US-Iran peace deal, petrol in Nigeria remains above ₦1,200 per litre, sparking widespread frustration and calls for price cuts.
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5 Countries Offering Work Visas to Permanent Residency in 2026
Canada, Australia, New Zealand, Germany, and Portugal offer work visas with pathways to permanent residency in 2026. Learn how Nigerians can apply for these opportunities.
UK Publishes Salaries of Designers, Developers, Programmers
The UK government has disclosed annual salaries for graphic designers, web developers, and programmers on its careers website, with starting pay ranging from £25,000 to £30,000.
10 Strongest Earthquakes Ever Recorded Worldwide
Two powerful earthquakes in Caracas, Venezuela, killed 32 and injured 700. The US Geological Survey lists the 10 most powerful quakes ever recorded; Venezuela's do not rank among them.
Nigerians Still Paying N1,200/Litre Petrol Despite Crude Crash
Global crude oil prices fell to about $73 per barrel after the US-Iran peace deal, but petrol prices in Nigeria remain high at N1,205 per litre, frustrating consumers.
Nigerian Stock Market Crashes 2.35% as Cement Stocks Tumble
The Nigerian stock market fell 2.35% on Wednesday, erasing N3.637 trillion in value, driven by profit-taking in major stocks like BUA Cement, Dangote Cement, and Geregu Power.
UK Salaries for Lecturers, Bank Managers, Accountants Published
The UK government has disclosed starting and experienced annual salaries for university lecturers, bank managers, and private practice accountants, with figures converted to Nigerian naira.
Naira Stable at ₦1,372.76/$ as Dollar Rates Surprise
The naira remains stable at ₦1,372.76/$ in the official market and ₦1,405–₦1,408/$ in the black market on June 25, 2026, as analysts cite dollar inflows and CBN interventions as key to future performance.
Earthquakes Kill 32, Injure 700 in Venezuela: State of Emergency
Two powerful earthquakes in Caracas, Venezuela, have killed at least 32 people and injured over 700. Acting President Delcy Rodriguez declared a state of emergency and closed the airport.
OPay and the Rise of Nigeria's New Economic Infrastructure
OPay is driving Nigeria's digital economy by building payment infrastructure, advancing financial inclusion, and supporting the CBN's Payment System Vision 2028.
Man Selling AC Water Shares Business Update, Reactions Pour In
A man who sells water from air conditioners shares an update about his business, sparking mixed reactions from Nigerians online.
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