TVS Motor Expands Nigeria Operations via New Partnership
TVS Motor Company partners with Enviable Tricycle Auto Parts Ltd to expand distribution in Nigeria, increasing outlets from 17 to 47 and enhancing after-sales support.
Category : Business
United Nigeria Airlines Chairman Urges Aviation Reforms
Prof. Obiora Okonkwo, Chairman of United Nigeria Airlines, calls for urgent government reforms to ensure aviation industry survival amid rising costs and aircraft shortages.
Collective Models Offer Young Africans Wealth Creation Route
Rank CEO Femi Iromini says collective models are the most effective route to wealth creation for young Africans, as the platform has paid out over $100 million to users.
Julius Berger approves N6.8b dividend payout
Julius Berger Nigeria Plc announced a 34% revenue increase and approved N6.8 billion dividend payout. Profit before tax rose 38.5% to N40.95 billion, with earnings per share nearly doubling.
ITF Launches Business Incubation for SUPA Artisans
The Industrial Training Fund will launch a Business Incubation Programme for SUPA artisans, providing training, tools, and mentorship to help graduates build sustainable businesses across Nigeria.
FG Flags Off N200bn Campaign for Cooperative Bank
The Federal Government launches a N200 billion share capital mobilization campaign for the proposed Cooperative Bank of Nigeria to boost agricultural development and financial inclusion.
Obi Questions Nigeria Debt Surge Cites South Africa Loan Model
Peter Obi criticizes Nigeria's rising debt, citing South Africa's transparent $1 billion loan model as an example of accountable borrowing and urging fiscal discipline.
Nigerian Banks Earn N224.7bn from ATM, e-Banking in Q1 2026
Nigerian banks earned N224.69 billion from ATM and e-banking charges in Q1 2026, a 12.56% rise from 2025. Access Holdings led with N55.71 billion, while Fidelity Bank recorded the highest growth.
Telcos Reassure Nigerians on NCC Mobile Rate Review
Nigerian telecom operators assure that the NCC's review of mobile termination rates may not lead to higher tariffs, emphasizing data-driven outcomes amid economic pressures.
Mentor-Box Foundation Targets Youth-Led Economic Growth
Mentor-Box Foundation says Kogi State's economic transformation depends on youth innovation, entrepreneurship, digital skills development and leadership training.
149 Young Entrepreneurs Get ₦72m Grants from ASIF, Flutterwave
ASIF, Flutterwave, and Benjamin Kalu empower 149 young entrepreneurs with ₦72 million in grants and tools at the 2026 YEEP in Abuja.
Nigeria’s Daily Gas Production Rises to 7.93bcf in May
Nigeria’s gas production increased to 7.93bcf/d in May 2026, with domestic sales rising to 2.18bcf/d and exports declining, reflecting growing local demand.
Nigeria Needs Builders, Not a Generation Waiting for Rescue
Love Idoko-Uloko challenges Nigerian youths to embrace entrepreneurship and innovation, stating Nigeria needs builders, not a generation waiting for rescue, at YEEP 2026 in Abuja.
FCCPC May Audit MTN, Airtel Over Data Depletion Complaints
The FCCPC may audit telecom operators like MTN and Airtel due to rising complaints of unexplained data depletion, urging consumers to report issues formally.
UNESCO Seeks Director of Budget Management in Paris
UNESCO opens a Director of Budget Management role in Paris, requiring a master's degree and 15 years of finance experience. Apply by July 8, 2026.
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Rising LPG Prices Force Enugu Residents to Switch to Charcoal
Enugu cooking gas sellers lament as rising LPG prices push customers to buy smaller refills or switch to charcoal, threatening progress toward cleaner cooking fuels.
Policymakers Back Youth Drive to Monetise Plastic Waste
Policymakers and stakeholders support youth-led innovations to turn plastic waste into economic value, with digital solutions showcased in Abuja.
Naira Crashes to N1,360/$1 as IMF Reveals Undervaluation
The Nigerian naira depreciated to N1,360.07/$1 at the official market on June 17, 2026. The IMF says the naira is 25.6% undervalued despite recent FX reforms.
UAE Remote Work 2026: Hours, Salary, Rights Explained
UAE remote work in 2026: Employees working from home enjoy equal rights under Labour Law, including regulated hours, timely salary, and full legal protections.
Cooking Gas Price Fluctuates as NMDPRA Reports 11-Day Stock
Nigeria's cooking gas market faces price fluctuations despite NMDPRA reporting 11-day sufficiency; daily supply shortfall of 400 metric tonnes and depot shortages strain stability.
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Sanwo-Olu Orders Immediate Waste Evacuation Across Lagos
Lagos Governor Babajide Sanwo-Olu has ordered an immediate scale-up of waste evacuation across the state, directing LAWMA and private operators to clear refuse backlogs and restore sanitation.
FG Commends Hasetins' $400m Rare Earth Plant Progress
The Federal Government visited Hasetins' $400m rare earth processing plant in Nasarawa, commending compliance with regulations and environmental standards.
Profit Alone Cannot Define Success: King Charles Lambert
Pan-African visionary King Charles Lambert argues that true success is measured by lives impacted, not just financial gains, and shares his journey of resilience.
Sanwo-Olu Leads Lagos to London Climate Action Week 2026
Lagos Governor Babajide Sanwo-Olu will lead a delegation to London Climate Action Week 2026 to showcase climate finance solutions, join the Under2 Coalition, and host an investment roundtable.
Experts Urge FG to Expedite Clean Cooking Access
Environmental experts call on the Federal Government to urgently make clean cooking accessible to over 140 million Nigerian households still using solid biomass fuel, citing health and environmental impacts.
Benue Boat Mishap: NSIB Launches Probe, Calls for Safety
The NSIB has launched an investigation into the Benue boat accident that killed 11. The team, led by DG Alex Badeh Jr., is assessing safety and engaging stakeholders to prevent future tragedies.
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Nigeria Aims for 5 Million Ocean Jobs by 2035 via Blue Economy
Nigeria launches National Blue Economy Action Plan to create 5 million ocean-based jobs by 2035 through fisheries, shipping, tourism, and renewable energy. President Tinubu announces at Our Ocean Conference.
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Nigerian pays over ₦300,000 VAT on electronics as FAAC shares ₦2.3 trillion
A Nigerian man reveals he paid over ₦300,000 in VAT on electronics as FAAC distributes ₦2.3 trillion May revenue, sparking debates on tax burden and accountability.
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ETK Launches Momentum Platform for Organisational Capacity
ETK Group has globally launched Momentum, a technology-enabled platform that strengthens organisational capacity, governance, and climate resilience, with Lagos as the first rollout market.
Petrol Prices Drop Below Dangote Refinery Rate at Depots
Depot owners have slashed petrol prices below Dangote Refinery's rate due to competition and weaker global crude oil prices, with PMS now selling between N1,175 and N1,178 per litre.
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