FCCPC Data Shows Top 10 Loan Apps in Nigeria and Rates
FCCPC releases data on top loan apps in Nigeria, including FairMoney and Palmcredit, with interest rates ranging from 1.5% to 30% monthly amid regulatory reforms.
Category : Business
Naira Hits 3-Week Low Against Dollar Amid FX Shortage
The Nigerian naira fell to its weakest level in three weeks against the US dollar, driven by strong demand and limited forex supply across official and parallel markets.
FG Unveils Battery Waste Management Programme
Nigeria launches environmentally sound management for small-sized waste batteries to collect hazardous batteries safely, prevent pollution, and create economic value.
Abia Issues Interim Power Licences to Three Firms
Abia State grants interim electricity generation and distribution licences to three firms, transitioning to a regulated intra-state electricity market under ASERA.
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Jamil Abubakar Leads Dangote Group's Ports and Logistics
Jamil Mohammed Abubakar, Dangote's son-in-law, has been appointed Managing Director of Infrastructure & Logistics, overseeing ports and trade infrastructure as part of the group's Vision 2030.
Stakeholders Call for Balanced Mambilla Project Debate
Concerned Taraba stakeholders call for historical context in the Mambilla Hydroelectric Project debate, cautioning against blaming former Minister Sale Mamman alone.
Nigeria Fuel Prices Hold Firm Despite Global Oil Surge
Global crude oil prices have surged, but Nigeria's fuel prices remain stable. Depot rates show mixed movements, with analysts warning that stability may be temporary.
Kogi Advances Agro-Industrial Processing Zone with China
Kogi State accelerates SAPZ programme with Hezheng Holdings, targeting agro-processing, job creation, and investment. The partnership includes a modern agricultural park.
Air Peace Reduces Abuja-London Flights Due to Fuel Crisis
Air Peace temporarily reduces Abuja-London flights to three weekly due to soaring aviation fuel costs and supply constraints, aiming to restore daily service by July 1.
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Petrol Drops to N1,295 in Abuja as Marketers Compete
Petrol prices in Abuja fall to N1,295 per litre as fuel marketers slash rates to attract customers, offering relief to motorists amid high living costs.
World Veterinary Day 2026: NVMA Warns of Threats to Food, Health
NVMA warns that Nigeria's food security and public health are at risk due to neglect and underinvestment, urging urgent national action on World Veterinary Day 2026.
CBN Removes Charges on 5 Banking Services From May 1
The Central Bank of Nigeria has removed charges on account reactivation, ATM withdrawals, virtual cards, and more, effective May 1, 2026, to boost financial inclusion.
United Capital Beats SEC Recapitalisation Deadline Early
United Capital Plc has recapitalised all SEC-regulated subsidiaries over 14 months before the 2027 deadline, meeting revised capital requirements internally without external funding.
FG Unveils ₦10bn Housing Loan, Expands Civil Servant Welfare
Federal Government announces ₦10 billion housing loan scheme and enhanced welfare benefits for civil servants ahead of Workers' Day 2026.
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TALI Art Auction Funds Disabled Entrepreneurs in Abuja
The Ability Life Initiative (TALI) hosted an Art for Ability auction in Abuja, raising funds to seed businesses for entrepreneurs with disabilities, marking a shift from advocacy to economic action.
Top condom maker raises prices 30% due to Iran conflict
Karex Bhd, the world's largest condom producer, will increase prices by 20-30% due to supply chain disruptions from the Iran conflict, citing rising raw material and logistics costs.
Nigeria's Capital Market Raises N4.65 Trillion in Banking Recap
Nigeria's capital market mobilised N4.65 trillion in fresh equity over 24 months, with 33 banks meeting new thresholds, proving its capacity to drive national economic transformation.
Nigeria, South Africa Urged to Deepen Economic Ties
Stakeholders call for stronger economic cooperation between Nigeria and South Africa to boost investment and accelerate AfCFTA implementation for Africa's growth.
Petrol Price Drops by N35 Per Litre in Major Nigerian Cities
Fuel retailers in Nigeria have reduced petrol prices by N35 per litre to N1,295, driven by competition among marketers. Prices remain stable despite global crude volatility.
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Sanwo-Olu Wife, HoS Urge Lagos Residents to Support Sanitation
Lagos First Lady Dr Ibijoke Sanwo-Olu and Head of Service Olabode Agoro urge residents to participate in the revived monthly environmental sanitation exercise for a cleaner city.
Maiden World Laboratory Day at Agric College Ibadan
The Federal College of Agriculture, Moor Plantation, Ibadan, celebrated its first World Laboratory Day, highlighting the role of lab science in agriculture and national development.
Experts Warn FG Against Solar Panel Import Ban
Energy experts caution the Federal Government that banning solar panel imports could worsen energy poverty in Nigeria, urging a phased transition to local manufacturing.
FG Launches Multi-State Campaign Against Tsetse Diseases
The Federal Government has launched a coordinated campaign across FCT, Kogi, and Ogun to combat tsetse fly infestation, protecting livestock and public health.
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Imported vs Local Food in Nigeria: Which Is Safer in 2026?
Is imported food safer than local food in Nigeria? Both have risks. Learn about pesticide residues, smuggling, and how to choose safer food.
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Lagos-Ogun Rail Extension: Red Line to Ease Commute for 500,000 Daily
Lagos plans to extend the Red Line rail into Ogun State, aiming to ease traffic, improve commuting, and boost connectivity for thousands of daily travellers.
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Tinubu moves to waive airline debts over jet fuel prices
President Bola Tinubu considers partial debt relief for Nigerian airlines after operators warn of shutdown over rising fuel costs.
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44 Visa-Free & Visa-on-Arrival Countries for Nigerians 2026
Discover 44 visa-free and visa-on-arrival destinations for Nigerian passport holders in 2026. Easy travel to Africa, Caribbean, Asia, and Oceania.
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Nigeria's $400M Tomato Paste Import Problem
Nigeria imports $400M in tomato paste yearly despite high local production, due to post-harvest losses, weak processing, and poor infrastructure.
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NCC Airtime Compensation: How to Get Paid by MTN, Airtel, Glo, 9mobile
Learn how the NCC automatic airtime payout works for poor network service. MTN, Airtel, Glo, and 9mobile now compensate subscribers automatically.
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CBN Hikes ATM Card Fee to N1,500, Removes Monthly Charge
The Central Bank of Nigeria increased ATM card issuance fee from N1,000 to N1,500, while scrapping monthly maintenance charges and POS transaction fees for customers.
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