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.
Category : Business
Nigeria Discovers Major Polymetallic Mineral Province in Kaduna
Nigeria announces a world-class polymetallic mineral province in Kaduna, containing platinum group metals, gold, nickel, copper, lithium, and rare earth elements, boosting mining investment.
FG discovers major platinum, lithium, rare metals in Kaduna
The Federal Government announced a major polymetallic mineral province in Kaduna with platinum, lithium, gold, and rare earths, boosting Nigeria's mining sector.
65-Year-Old Man Set to Sell N1.5M Building for N350M After 36 Years
A 65-year-old Nigerian man purchased a two-storey building for N1.5 million in 1990 and is now set to sell it for N350 million in 2026, highlighting massive real estate appreciation over 36 years.
Diesel Price Surges 86.40% to N3,277/Litre in May 2026
The National Bureau of Statistics (NBS) reports that the average diesel price in Nigeria rose 86.40% year-on-year to N3,277.47 per litre in May 2026, with Nasarawa recording the highest price.
NYSC Took Him to Iseyin for One Year, 11 Years Later He Still Calls It Home
Taiwo Samuel Ogunleye moved to Iseyin for NYSC in 2014 expecting one year; over a decade later, he calls it home, building a life and career in agriculture.
CIFCFIN Raises Concern Over ICAN’s Forensic Accounting Certification
CIFCFIN warns that ICAN's new forensic accounting certification, CFAN, may cause confusion, dilute standards, and undermine Nigeria's fight against financial crime.
Petrol Price Up 55.31% to N1,596/Litre in May 2026
NBS reports average petrol price rose 55.31% year-on-year to N1,596.25 per litre in May 2026, with Edo, Bauchi, and Benue recording highest prices.
FG lauds Sabi Woman project, urges inclusion of women with disabilities
The Federal Government commended Sightsavers Nigeria's Sabi Woman Project, empowering women with disabilities through education and entrepreneurship, urging sustained inclusion efforts.
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Etisalat to 9mobile to T2: A 23m to 2.4m subscriber collapse
Etisalat Nigeria's subscriber base fell from 23.5 million to 2.4 million after a debt crisis, rebranding to 9mobile and later T2. Here's what caused the decline and whether the telecom operator can recover.
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Lagos businesswoman evicted after spending millions on renovations
A Lagos entrepreneur lost two business locations after investing millions in renovations, sparking debate on tenant protections as Lagos considers new tenancy laws.
Naira Falls to N1,370/$1 at Official Market, Black Market Adjusts
Nigeria's naira depreciated to N1,370.64/$1 at the official forex market on June 23, 2026, while black market operators quoted the dollar at N1,395. The naira gained against the pound and euro.
Man sells solar power to neighbours, earns N25k in month
A young Nigerian man installed a 7.5kVA solar inverter and now sells electricity to three neighbours, earning N25,000 in one month. He spent N4 million on the setup.
Major Power Outage Plunges 3 Nigerian States into Darkness
A forced outage on the Alaoji 132kV Transmission Line has cut electricity to Owerri, Yenagoa, and Ahoada due to an earth fault and protection failure, TCN confirms.
VCN Trains Staff on Public Procurement Procedures
Veterinary Council of Nigeria starts a three-day training on public procurement processes to strengthen capacity and ensure compliance with regulations.
15 Private Universities Owned by Nigerian Politicians
Nigerian politicians have invested heavily in private universities. Legit.ng lists 15 such institutions, sparking debate on education quality and political influence.
Nigerian Poultry Farmer Regrets After N5m Loss in Layers Business
A young Nigerian poultry farmer invested over N5m into layers chicken farming but faced huge losses, sparking reactions from fellow farmers on TikTok amid Nigeria's economic hardship.
Nigerian DisCos Refund Customers Over Poor Power Supply
Nigerian electricity distribution companies are quietly refunding customers for failing to meet minimum 20-hour daily power supply under Band A tariff, with EKEDC issuing credits like N30,628.90.
NMDPRA Approves New Fuel Import Licences for 7 Marketers
Nigeria's NMDPRA has issued new fuel import permits to seven major marketers for Q3 2026 as petrol stocks drop to 16 days, aiming to stabilise supply amid Dangote Refinery export threats.
Dangote Refinery Denies Fuel Export to Togo Claims
Dangote Refinery dismisses claims of exporting fuel to Lomé, Togo, for re-importation into Nigeria, calling them false and commercially indefensible.
SEC Cracks Down on Dangote Refinery IPO Promotions, Orders Refund
The SEC has issued a cease and desist against unauthorised promotions of a purported Dangote Refinery IPO, ordering capital market operators to refund all collected deposits within 24 hours.
UI Graduate Builds Fashion Brand While Earning Statistics Degree
Victoria Funsho, a University of Ibadan graduate, built and now manages her fashion brand Fovafashion across all platforms while earning a B.Sc. in Statistics.
Tinubu Meets EFCC, DSS, Police Over Cooking Gas Prices
President Tinubu convenes emergency meeting with security agencies to address cooking gas hoarding and diversion as prices hit N2,500/kg in some areas.
FG Cracks Down on Cooking Gas Saboteurs as Prices Hit N2,500/kg
The federal government has ordered security agencies to crack down on LPG hoarders, illegal storage operators, and product diversion as cooking gas prices soar to N2,500/kg in some areas.
CBN Employee Celebrates 5 Years, LinkedIn Post Sparks Reactions
Abigail Qurix, a fixed assets officer at the Central Bank of Nigeria, celebrated her 5th work anniversary on LinkedIn, drawing mixed reactions from netizens.
Cash Outside Banks in Nigeria Reaches N5.19 Trillion
Currency outside Nigeria's banking system rose to N5.193 trillion in May 2026, up 2.16% from April, signaling persistent cash reliance despite CBN tight monetary policy. Private sector credit also rebounded slightly but remains below recent highs.
Man Leaves Seminary to Become Solar Dealer, Shares Story
A Nigerian man named Chidera, who trained to become a reverend father, left the seminary to start a solar panel business, explaining his decision.
5 European Countries with Work Visas Leading to PR in 2026
Amid the 'japa' trend, five countries including Ireland, Germany, New Zealand, Canada, and Australia offer skilled worker visas with clear pathways to permanent residency in 2026.
FG Unveils Measures to Tackle High Cooking Gas Prices as Retail Rates Exceed N2,000/KG
The Federal Government has introduced fresh measures to reduce soaring LPG prices after retail rates crossed N2,000/kg, with NMDPRA revealing price disparities and supply deficits.
Nigeria's Diaspora Remittances Drop to $5.30bn in Q1 2026
Nigeria's diaspora remittances fell to $5.30 billion in Q1 2026 from $5.72 billion in Q4 2025, according to CBN data, while the current account surplus surged 255.7% to $4.98 billion.
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