Nigeria's Creator Economy Explodes: 250,000 Content Creators
Nigeria's creator economy now includes over 250,000 active content creators, with brands shifting marketing budgets to performance-led influencer partnerships, driving substantial incomes.
Category : Business
Nigeria Releases Tax Overhaul Guidelines for 2026
The Nigerian government has released guidelines for implementing the Tax Acts 2025, effective January 1, 2026, ensuring a seamless transition from old tax laws.
Xpress Payment plans AI, IoT push after trillions in transactions
Xpress Payment Solutions plans to expand AI and IoT use after processing trillions of naira in transactions over a decade, its CEO announced at a 10th anniversary lecture in Lagos.
New Trade Infrastructure Boosts Enugu's Investment Ambitions
The commissioning of the ECCIMA Premium Exhibition Hall in Enugu enhances the state's appeal to investors, with private sector support driving year-round business events.
iWorld: Secure Residency and Citizenship by Investment for Nigerians
iWorld offers Nigerian investors a strategic approach to residency and citizenship by investment, focusing on legal clarity, due diligence, and integrated advisory services for global mobility.
Air Peace Gets Brazil Flight Approval, Eyes Canada, US, China
Air Peace secures ANAC approval for direct Nigeria-Brazil flights, cutting travel time to 7 hours, and plans routes to Canada, US, China, and Saudi Arabia.
FUD Professor Gets N25m TETFund Grant for Anti-Banditry Research
Professor Ado Garba Jangargari of Federal University Dutse wins a N25 million TETFund grant for research on tech-driven non-agricultural livelihoods to counter banditry and kidnapping in Northern Nigeria.
FG launches free digital TV platform, projects economic gains
The Federal Government launched a free digital TV platform to expand broadcasting access and boost Nigeria's creative and digital economy, with job creation and revenue growth expected.
LASTMA rescues 353 accident victims in five months
LASTMA rescued 353 accident victims from January to May 2026. General Manager Olalekan Bakare-Oki warns motorists to exercise caution during rainy season due to poor visibility and slippery roads.
PETROAN Demands Lower Fuel Prices From Dangote Refiners
PETROAN calls on Dangote Refinery and importers to reduce petrol prices as global crude oil falls to $77-$78 per barrel, urging consumer relief.
Nigerians Top Applicants in Saint Lucia Citizenship Programme
75 Nigerians were screened for Saint Lucia's Citizenship by Investment Programme in 2023/2024, ranking seventh globally and making Nigeria the only African country among top applicants.
Dangote Claims $10bn Quarterly Revenue, Questions Forbes Estimates
Aliko Dangote says his true wealth may be higher than Forbes estimates, revealing $10bn revenue in Q1 2026 and hinting at a historic IPO for his refinery.
Diesel Price War Deepens as Depots Undercut Dangote
Nigeria's diesel market sees aggressive price competition as prices drop below ₦1,500 per litre, with independent suppliers undercutting Dangote Refinery.
Nigeria to host largest solar steel plant in sub-Saharan Africa
Nigeria will host sub-Saharan Africa's largest solar-powered steel plant, as African Industries Group receives 500 hectares in Niger State and FG pledges power reforms.
United Nigeria Airlines Gets FG Approval for US, Canada, Dubai
United Nigeria Airlines has received federal approval for new international routes to New York, Canada, Dubai, and others, as part of a government push to boost Nigerian carriers' share of global air traffic.
Nigeria's External Reserves Hit $51bn, Highest Since 2009
Nigeria's external reserves rose to $50.96 billion as of June 17, 2026, the highest since 2009, despite naira depreciation across FX markets. The IMF backs the flexible exchange rate system.
Kaduna committed to business reforms, says Governor Sani
Governor Uba Sani reaffirms Kaduna State's commitment to business reforms, aligning with President Tinubu's agenda, as the state ranks second best in ease of doing business.
Insecurity Traps Northern Nigerian Households in Poverty Cycle
A new study reveals violent conflict in Northern Nigeria pushes households into poverty and weakens recovery, creating a cycle of long-term deprivation.
Nigeria-China cargo flights to Enugu by December
Nigeria is negotiating direct cargo flights from Guangzhou, China to Enugu, targeting December 2024. The Enugu airport will become a cargo hub under private operation.
FG releases tax transition guidelines for new regime
The Federal Government has issued guidelines to manage the transition from Nigeria's repealed tax laws to the new tax framework effective January 2026, ensuring clarity on obligations, audits, and incentives.
Otedola acquires 672.9m First HoldCo shares, stake at 20.4%
Billionaire Femi Otedola has acquired 672.9 million new shares in First HoldCo Plc, raising his stake to 20.4% through a N29.6 billion private placement.
FG approves New York, Dubai, Canada routes for United Nigeria Airlines
The federal government has approved international routes for United Nigeria Airlines, including New York, Dubai, and Canada, as part of a strategy to boost Nigerian carriers' share of passenger traffic.
Nigeria secures 449,000 metric tonnes of fertiliser inputs: Tinubu
President Bola Tinubu announces Nigeria secured over 449,000 metric tonnes of fertiliser inputs, about nine million bags, to boost food security and support farmers.
ASIS 2026 Press Conference Sets Stage for July Summit
Sterling One Foundation and UN Nigeria unveiled the ASIS 2026 agenda in Abuja, targeting over $500 million in deals to finance sustainable development across Africa.
All On invests $1m in Eja-Ice for solar cold chain expansion
All On invests $1 million in Eja-Ice Nigeria to expand solar-powered cold chain infrastructure, reducing post-harvest losses and improving energy access for off-grid communities.
Abia Governor Otti Urges Communities to Protect Upgraded PHCs
Abia Governor Alex Otti has called on communities to safeguard newly upgraded primary healthcare centres to ensure sustained healthcare delivery, warning that vandalism will not be tolerated.
Experts Urge Green Economy for Smart Cities in Nigeria
Environmental experts at NESt2026 in Abuja call for full adoption of green economy to build smart cities and promote sustainability, highlighting opportunities and investment pipelines.
Reckitt Nigeria Appoints Toyin Ojora Saraki, Abimbola Olashore
Reckitt Nigeria appoints Toyin Ojora Saraki and Abimbola Olashore as independent non-executive directors, strengthening its board amid strategic growth in Nigeria.
Nigeria deploys RevOp to block revenue leakages via banks
Nigeria's Federal Government is using the Revenue Optimisation Assurance Platform (RevOp) via commercial banks to enhance revenue collection, transparency, and accountability, with over 70% of agencies onboarded.
Nigeria’s path to industrial self-reliance through tech transfer
Nigeria must pursue capability-building nationalism via technology transfer to achieve economic sovereignty, says NASENI CEO Khalil Halilu, outlining a pragmatic framework.
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