NCC Plans Security Trust Fund to Curb Telecom Vandalism
NCC explores establishing a Communications Industry Security Trust Fund to combat infrastructure vandalism, with 65 daily fibre cuts and massive equipment theft recorded.
Category : Business
Tinubu Commissions Abuja Road, Vows Infrastructure Push
President Bola Tinubu commissions Arterial Road N5 in Abuja, pledges continued infrastructure development to transform the capital into a modern city.
Enugu Signs MoU on EU-GIZ Rural Power Project
Enugu State signs agreements with four renewable energy developers to provide electricity to four rural communities, funded by EU-GIZ through the REDSEM programme.
Edo, FG Join Forces for Ecosystem Protection
Edo State Governor Monday Okpebholo pledges collaboration with Federal Ministry of Environment to safeguard ecosystem, recruit forest guards.
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NCAA Grounds Aircraft, Suspends Permit Over Safety Breach
The NCAA has grounded a private aircraft and suspended its operator's permit following an emergency landing near Asaba and an unauthorized departure to Lagos.
Access Holdings now focuses on shareholder value
Access Holdings Chairman Aigboje Aig-Imoukhuede announces a strategic shift from expansion to value creation, assuring shareholders of enhanced returns through efficiency and capital optimization.
Airfares Set to Rise as Airlines Face $100bn Fuel Cost Surge
IATA warns global airlines face $100bn extra fuel costs in 2026, pushing up airfares. Long-haul and premium travelers hit hardest; Nigeria among costliest for aviation.
Cartoon: Nigeria's Economic Struggles in Satirical Illustration
A satirical cartoon highlights Nigeria's economic challenges, including inflation, unemployment, and currency devaluation, with symbolic imagery.
Economic Hardship Persists Across Africa Despite Recovery
Afrobarometer report reveals most Africans face economic hardship, with high unemployment and cost of living despite modest post-pandemic recovery signs.
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52.9m Nigerians Face Acute Food Insecurity, Says World Bank
World Bank warns 52.9 million in Nigeria, West and Central Africa face acute food insecurity due to Middle East conflict, rising fertilizer costs, and supply disruptions.
Lagos Improves Waste Operations with 10 New Compactors
Lagos State receives 10 waste compactor trucks from Lottery Authority to enhance waste management, reduce landfill waste, and promote environmental sustainability.
Intra-African Trade to Reach $250 Billion in 2026
AfCFTA projects intra-African trade will rise to $250 billion in 2026, a 14% increase from last year. Secretary-General Wamkele Mene urges deeper regional integration amid global uncertainties.
People and Systems Key for Africa's DPI Success
Africa's digital public infrastructure (DPI) requires not just technology but accountable people and systems to succeed, says Aig-Imoukhuede Foundation.
NB Launches 2026 Maltina Teacher of the Year with Honda HR-V
Nigerian Breweries launches 2026 Maltina Teacher of the Year award. Grand prize includes N10 million cash and a Honda HR-V. Entry is free and open to TRCN-certified teachers under 55.
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FG Onboards 185 Founders Under Startup Bridge Initiative
The Federal Government, through iDICE, has onboarded 185 founders into the Founders Lab, marking a milestone in supporting startups with funding, mentorship, and inclusion.
CEVA, EFL JV to Boost Cargo Logistics in Nigeria, West Africa
CEVA Logistics and EFL Africa form CEVA EFL Limited joint venture to deliver integrated logistics solutions, leveraging global network and local expertise to enhance cargo movement in Nigeria and West Africa.
Foundation Empowers Youths with Vocational Skills Training
The ARS Entrepreneurship Empowerment Foundation trained young Nigerians in vocational skills, providing equipment to combat unemployment and promote self-reliance.
Menstrual Equity, Literacy Urged for Schoolgirls Nationwide
Experts urge menstrual equity and financial literacy for schoolgirls in Nigeria, citing impacts on education and economic participation. Moniepoint and S.A.N.G. partner for outreach.
Rising Production Costs Shrink FMCG Firms' Q1 Earnings
Nigeria's top FMCG firms saw production costs surge in Q1 2026, squeezing profits despite revenue growth. Nestlé and Unilever managed, but Cadbury and Champion Breweries suffered.
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NRS Deploys Rev360 to Boost Voluntary Tax Compliance
The Nigeria Revenue Service unveils Rev360, a digital tax platform to enhance voluntary compliance, transparency, and taxpayer experience, with 600,000 taxpayers onboarded.
IWS Distributes Maternity Items to 100 Mothers in Lagos
International Women's Society provides maternity and baby-care items to 100 mothers at Lagos Maternal and Child Care Centre to ease economic burden.
FCMB Appoints Bismarck Rewane as Board Chairman
FCMB appoints Bismarck Rewane as board chairman and non-executive director, approved by CBN. Rewane brings over 40 years of experience in finance and economics.
Lagos IPP Advancement: Pathway to Energy Decentralisation
Lagos State's PPA with three IPP firms marks a shift from centralised grid to decentralised energy, aiming for reliable power and economic growth, bypassing national grid failures.
SpaceX IPO Shows Musk's Future-Selling Strategy
SpaceX's planned IPO, valuing it at $1.75 trillion, tests Elon Musk's model of building companies around future technologies rather than current markets.
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ECOWAS Unveils Regional Economic Outlook, Cybersecurity Hackathon
ECOWAS releases 2025-2027 Regional Economic Outlook and launches fourth Cybersecurity Hackathon in Accra, Ghana, focusing on food security, integration, and digital resilience.
inDrive Names Abhey Lamba Chief Financial Officer
inDrive has appointed Abhey Lamba as CFO to lead global finance, including planning, reporting, tax, and investor relations, as the company expands across 48 countries.
Victor Vescovo: The Billionaire Who Dove to Ocean Depths
Victor Vescovo, a private equity billionaire, became the first person to reach the deepest points of all five oceans. Learn about his net worth, expeditions, and personal life.
NSIB Probes Warri-Itakpe Train Derailment, Recovers Evidence
The Nigerian Safety Investigation Bureau has commenced an investigation into the train derailment along the Warri-Itakpe corridor, recovering critical evidence and completing key on-site activities.
Coca-Cola Still Refreshing Nigerians, Says Murtala
Coca-Cola Nigeria's Senior Director Yusuf Murtala says the brand remains committed to refreshing Nigerians with innovative products and campaigns, marking 75 years in the country.
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BATN Foundation Opens F4F Grant Applications for NYSC Members
BATN Foundation invites NYSC members to apply for the 2026 Farmers for the Future grant, offering equity-free funding, training, and mentorship to boost agribusiness and food security.
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