7 Things Draining Your Solar Power in Nigeria, Expert Reveals
Solar expert Emmanuel Aanu Ajayi reveals seven hidden factors that silently drain solar power in Nigerian homes, from old batteries to phantom loads and poor wiring.
Category : Business
FG adopts Imo initiative to tackle unemployment, boost economy
The Federal Government has approved nationwide scale-up of Imo's 'One Kindred, One Business Initiative' to tackle unemployment and boost the economy, VP Shettima announced.
Andray Finance App Fights Predatory Lending in Nigeria
Andray Finance unveils a mobile app on Google Play and iOS to provide ethical credit options, challenging predatory lending practices in Nigeria.
African Entrepreneurs Target St. Kitts and Nevis IGS 2026
African entrepreneurs from Nigeria, South Africa, Egypt head to St. Kitts and Nevis for IGS 2026, the Caribbean's top investment event, fostering Africa-Caribbean deals.
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FG to Grant Airlines Discount on Aviation Debt
The federal government plans to offer airlines a discount on debts owed to aviation agencies to cushion rising fuel costs, following a meeting with stakeholders.
Olubunmi Kuku: Transformative Leadership in Nigeria's Aviation
Olubunmi Kuku, FAAN's first female CEO, drives transformative reforms in Nigeria's aviation sector, focusing on infrastructure, safety, and economic growth.
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Nigerians Can Now Borrow Airtime and Data from 5 New Providers
The FCCPC has approved five new providers for airtime and data borrowing in Nigeria, replacing MTN and Airtel. Learn how the new system works and what to expect.
Nigeria Targets $500B Milestone at Abuja Investment Summit
Nigeria aims for $500 billion in investment commitments at the World Investment Summit Abuja 2026, a key step toward its $1 trillion economy goal under the Renewed Hope Agenda.
Zenith Bank Hits N5 Trillion Market Cap, Sets New Record
Zenith Bank becomes first Nigerian bank to surpass N5 trillion market capitalisation, with shares surging under CEO Adaora Umeoji. The bank also ranks as Nigeria's most profitable in 2025.
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Nigeria Advances ISSB Adoption to Boost Investor Confidence
Nigeria pushes ISSB adoption to close $31.5bn SDG gap. Workshop by IIF and CRA focuses on capacity building for sustainability reporting.
NEPZA CEO Ogunyemi's Reforms Boost Nigeria's Economic Growth
Dr. Olufemi Ogunyemi, CEO of NEPZA, has led transformative reforms over two years, digitizing operations and expanding free trade zones to attract investments and create jobs, aligning with President Tinubu's economic agenda.
Naira Gains in Official and Black Markets as Dollar Supply Rises
The Nigerian naira appreciates to N1,348 per dollar in the official market and N1,395 in the parallel market, driven by improved dollar supply and Central Bank interventions, despite global oil price volatility from US-Iran tensions.
Afreximbank's Third AfCFTA Training Boosts African Trade
Afreximbank, in partnership with AUC and the AfCFTA Secretariat, launches its third training program in Cairo to equip African businesses with skills to maximize AfCFTA benefits, focusing on trade finance, supply chains, and market access.
Afreximbank, St Kitts and Nevis Sign ACTIF2026 Hosting Agreement
The African Export-Import Bank (Afreximbank) has signed a hosting agreement with the Government of St Kitts and Nevis for the fifth AfriCaribbean Trade and Investment Forum (ACTIF2026), set for July 2026 in Basseterre, aiming to deepen economic ties.
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Nigerian Stock Market Gains as Five Companies Lead Rally
The Nigerian stock market recorded a robust mid-week performance with the All-Share Index rising 0.61% to 219,586.20 points. Five companies including CAP and Vitafoam led the gainers table, while trading volume reached N36.17 billion across 51,694 deals.
Nigeria Plans ₦700bn Bond Auction as Interest Rates Remain High
The Federal Government of Nigeria is set to raise ₦700 billion from the domestic bond market in April 2026, continuing a trend of reduced monthly borrowing. The auction involves three benchmark bonds with elevated coupon rates, reflecting ongoing high-yie
FG to Raise ₦700bn in April Bond Offer as Borrowing Costs Stay High
The Federal Government plans to raise ₦700 billion from the domestic bond market in April 2026, continuing a gradual reduction in monthly borrowing amid elevated interest rates, with bonds targeting institutional investors.
NAE to Confer Honorary Fellowship on Aliko Dangote
The Nigerian Academy of Engineering will award Aliko Dangote an Honorary Fellowship on April 25, 2026, recognizing his pivotal role in advancing engineering-driven industrialisation across Africa.
Nigeria Loses N8 Trillion Yearly to Maritime Failures
A presidential advisory paper by SEREC highlights that Nigeria loses nearly N8 trillion yearly due to maritime inefficiencies, misaligned policies, and weak execution, threatening economic growth and regional competitiveness under AfCFTA.
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Sanwo-Olu Seeks Autonomy for Tax Agencies, Hails LIRS
Lagos Governor Babajide Sanwo-Olu calls for greater autonomy for tax agencies to prevent political interference and boost revenue, commending LIRS for driving economic growth through digital reforms.
Regulatory Clarity Vital for Nigeria's Gas Investment, Says NGA
Stakeholders at the Nigerian Gas Association's Legal Forum emphasize that regulatory clarity, disciplined implementation, and institutional alignment are essential to attract sustained investment in Nigeria's gas sector for a low-carbon future.
Women Take Center Stage as UNIDO Launches Industry Day
Nigeria marks the inaugural International Day of Women in Industry, with UNIDO calling for action to dismantle barriers and integrate women into industrial development, innovation, and economic transformation.
Manufacturers Warn of Collapse from High Energy Costs, Low Patronage
The Manufacturers Association of Nigeria warns that rising energy prices and low patronage threaten industrial collapse, urging investment in local production and renewable energy.
ILO Urges Global Action to Protect Workers from Social Risks
The International Labour Organisation has released a major report calling for strengthened social protection systems to cover all workers, including temporary and self-employed, amid volatile economic transformations.
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N3.2 Trillion T-Bills Rise as CP Market Falls 58% in March
Nigeria's money market saw a sharp divergence in March 2026, with treasury bills rising to N3.2 trillion while commercial paper issuance dropped 58% to N34 billion, reflecting a shift toward government-backed securities.
Sustainable Waste Policy Urged in Nasarawa as Population Rises
Experts and officials in Nasarawa State call for a forward-looking waste management policy to address climate change and population growth, emphasizing recycling and bio-waste solutions.
Delta Oil Communities Protest PIA Non-Implementation by Operators
Delta State host communities under OML 26 have expressed frustration over the failure of oil operators to implement the Petroleum Industry Act, citing short payments of N2.4 billion to development funds.
United Capital, NOMAP Push for Renewable Energy Financing in Nigeria
United Capital Plc, in partnership with NOMAP and SNV Netherlands, has convened a high-level investment dialogue to accelerate financing for Nigeria's renewable energy sector through the Renewable Energy Blended Finance Facility (REBF).
NGX Hits N1.74 Trillion in March, Up 13.1% Monthly
The Nigerian Exchange Limited recorded a 13.1% surge in trading value to N1.74 trillion in March 2026, driven by a 107.74% jump in foreign portfolio investments, while domestic investors remained dominant.
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Tinubu Strengthens UK-Nigeria Ties, Offers Airline Debt Relief
President Bola Tinubu pledges to deepen economic and diplomatic relations with the UK as British Airways marks 90 years in Nigeria. The government also plans a discount on airline debts to aviation agencies to address rising fuel costs.
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