ARM-Harith Raises $76m for Climate Infrastructure Fund
ARM-Harith closes first tranche of $76 million for its Climate Transition Fund, targeting $200 million to finance climate-resilient infrastructure across sub-Saharan Africa.
Category : Business
Mayor Khan Hosts London-Africa Investment Summit
Mayor Sadiq Khan hosted the first London-Africa business summit, attracting 200 leaders to boost trade and investment, with African firms investing over £30 million in London.
Legal, Financing Challenges Undermining Hospitality Sector
Nigeria's hospitality sector faces critical legal and financing issues, says PUNUKA Managing Partner Mrs Elizabeth Idigbe ahead of the 2026 Annual Lecture in Lagos.
Triple Intervention Needed for Student Housing Crisis
Fortren & Co calls for tax incentives, university guarantees, and financial aid to address Nigeria's student housing deficit exceeding one million beds.
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FG, GenCos Disagree on N7tr Power Debt Plan
Nigeria's power debt to GenCos hits N7tr, FG and generation companies disagree on settlement plan, APGC warns of sector instability.
United Capital Gets Licences in Ethiopia, Rwanda
United Capital becomes first foreign firm licensed for investment banking in Ethiopia, also securing regulatory approval in Rwanda, boosting its continental expansion.
Accion MFB Repays N2 Billion Commercial Paper
Accion Microfinance Bank repays N2 billion Series 1 Commercial Paper, reinforcing its credibility in Nigeria's debt capital market and commitment to financial inclusion.
CIPM Re-elects President Ahmed Gobir, Vows Professionalism
The Chartered Institute of Personnel Management of Nigeria re-elects Ahmed Gobir as president, highlighting membership growth, digital transformation, and global partnerships.
LAWMA Condemns Attack on Officers, Vows Crackdown
LAWMA condemns attack on enforcement officers during routine monitoring along Lagos-Badagry Expressway. MD Dr. Muyiwa Gbadegesin warns against obstruction, vows to sustain crackdown on illegal dumping and prosecute attackers.
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IATA: Nigeria Among Most Expensive for Airline Ops
IATA ranks Nigeria among the world's most expensive countries for airline operations, citing high taxes and charges. ECOWAS urged to cut aviation taxes by 25% to boost competitiveness.
Ogun Waste Managers Warn of Imminent Disposal Crisis
The Association of Waste Managers of Nigeria warns Ogun State faces a waste crisis due to rising costs, delayed payments, and unfavourable policies by OGWAMA.
NSITF Implements Voluntary Exit for Senior Staff
NSITF launches voluntary retirement for senior managers to reorganise operations. The exercise follows a PwC audit and aims to enhance efficiency.
BoyCode Africa, Sunbeth Partner for Bootcamp 5.0
BoyCode Africa secures Sunbeth Global Concepts as headline partner for Bootcamp 5.0, sponsoring 50 young men from Ondo and Cross River for leadership and digital skills training.
Ochonogor Calls for Responsible Waste Management in Nigeria
E-Terra Technologies CEO Ifeanyi Ochonogor urges Nigerians to reduce pollution and promote responsible waste management for a sustainable future.
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N3tn Capital Flight Claim Faces Scrutiny Over Market Size
Questions arise over claims of N3tn annual capital flight from Nigeria's airtime lending market, estimated at N300bn-N400bn. Industry stakeholders call for transparency.
Three feared dead in Warri-Itakpe train derailment
At least three passengers are feared dead after the Warri-Itakpe train derailed in Agbor, Delta State. NRC confirms fatalities and launches rescue operations.
JCI Aberdeen Celebrates 70th Presidents' Court, New Leader
JCI Aberdeen hosted its 70th annual Presidents' Court, inaugurating Dorcas Lamptey as local president and honoring past leaders including Dapo Richards with a golden medallion.
Ondo Community Funds N1.3bn Infrastructure Self-Help
Indigenes of Ile-Oluji Kingdom in Ondo State funded N1.3bn infrastructure projects without government aid, including a 10MVA transformer and student hostels.
Shettima, Sanwo-Olu, Oyedele: Lagos is Investors' Haven
Vice President Shettima, Governor Sanwo-Olu, and Minister Oyedele highlight Lagos as Africa's gateway to global wealth at Invest Lagos Summit 3.0.
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NiMet June Forecast: Heavy Rain, Flash Flood Risks for Several States
NiMet releases June weather forecast, warning of heavy rainfall and flash floods in vulnerable states. Above-normal rain expected in parts of South West, Edo, Delta, Bayelsa, and more.
Shettima: Private Investment Key to Nigeria's $1 Trillion Economy
Vice President Kashim Shettima says Nigeria's $1 trillion economy goal hinges on private enterprise and reforms, citing Lagos as a model for subnational growth.
Two dead in jet crash en route to pick up MLB legend Molina
A private jet crashed in the Dominican Republic while heading to pick up MLB legend Yadier Molina and his family, killing the pilot and co-pilot.
Four Coaches Derail in Warri-Itakpe Train Incident
Four coaches of the Warri-Itakpe train derailed on Monday. NRC deployed emergency teams, urging calm and promising updates. Cause and casualties unknown.
Nigeria Ranked Among Costliest for Airline Operations by IATA
IATA identifies Nigeria as one of the most expensive countries for airline operations due to high costs, taxes, and charges, urging ECOWAS to cut aviation taxes by 25%.
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FG to Extend Lagos Red Line Rail to Airport Terminals
Minister Festus Keyamo announces FG plan to extend Lagos Red Line rail to domestic and international terminals of Murtala Muhammed Airport, boosting airport accessibility.
Nigeria's Trade Surplus Hits N7.55 Trillion in Q1 2026
Nigeria recorded a trade surplus of N7.55 trillion in Q1 2026, a 340.88% increase from Q4 2025, driven by higher crude oil exports and lower petroleum imports.
Expert Advises Induction Cookers for 15kWh Solar Systems
A Nigerian solar expert advises users with 15kWh solar systems to use induction cookers instead of gas, citing high cooking gas prices and system efficiency.
CBN to Use AI to Tackle Digital Payment Fraud in Nigeria
The Central Bank of Nigeria plans to use AI under PSV 2028 to strengthen fraud detection and secure digital payments, addressing cyber threats like phishing and unauthorised transactions.
New Zealand New Work Visa Options for International Graduates
New Zealand introduces a six-month Short-term Graduate Work Visa for international graduates, including Nigerians, effective November 2026, with specific conditions.
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Nigeria Among Most Expensive for Airline Operations – IATA
IATA names Nigeria one of the costliest countries for airline operations, citing high taxes and charges that hinder local carriers' competitiveness and growth.
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