Optasia: South African Firm Dominating Nigeria's Credit Market
Optasia, formerly Channel VAS, led Nigeria's digital lending through airtime advances. Reforms aim to boost local competition and consumer protections.
Category : Business
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Bubble Up Launches New Can Range in Nigeria
Bubble Up introduces new can range in Nigeria: Lemon Lime, Bitter Lemon, Tonic, and Soda Water, backed by 'Turn The Fresh Up' campaign and local production.
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MEXC Unites US Stocks and Global Assets on One Platform
MEXC launches a dual-channel US stock trading system, allowing users to buy real stocks with USDT and access pre-IPO opportunities like SpaceX, merging crypto and traditional finance.
FG Plans Rail Extension to Lagos Airport Terminals
The Federal Government plans to extend the Lagos rail network to Murtala Muhammed Airport terminals, aiming to boost accessibility and strengthen Lagos as Africa's aviation hub.
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ATHCON Event Urges Strategic Tourism Partnerships
ATHCON's 2026 AGM and induction ceremony highlighted the need for professionalism, strategic partnerships, and manpower development to boost Nigeria's tourism sector.
NRS Accredits Afri Invoice for E-Invoicing Compliance
Nigeria Revenue Service accredits Afri Invoice as official Access Point Provider ahead of July e-invoicing deadline, granting dual-licensed status to drive tax compliance.
Skyewise's N9b Investment Creating Edo Youth Opportunities
Skyewise Group CEO Dr. Elvis Abuyere announces N9 billion investment in Edo State, creating over 100 direct jobs and empowering 2,000 youths through its foundation.
Nigeria Private Sector Credit Hits N700.31 Trillion in 2025
Nigerian banks' credit to private sector rose to N700.31 trillion in 2025, up 1.5% from 2024, with oil and gas leading, manufacturing dropping, and financial services surging.
FG Approves Payments to 1,240 Contractors Nationwide
The Federal Government approved payment of verified debts to over 1,240 contractors across MDAs, prioritizing claims under N100 million to boost small businesses.
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7 Profitable Businesses You Can Start Working 14 Hours a Week
Discover seven profitable business ideas that require only 14 hours per week, leveraging modern technology for flexible entrepreneurship and financial independence.
Iyadunni Gbadebo Named Among MIPAD Class of 2026 Global Top 100
Dr. Iyadunni Gbadebo, Director of Sales and Marketing at Eko Hotels & Suites, has been recognized among the MIPAD Class of 2026 Global Top 100 in Travel, Tourism and Hospitality.
Bayern Munich President: Olise Not for Sale at Any Price
Bayern Munich president Herbert Hainer declares Michael Olise untouchable, rejecting any potential offers including €150m from Real Madrid.
Nigerian Lady Celebrates Google Promotion and 4-Year Milestone
Onyinyechi Eze, a Nigerian in Ireland, celebrates her promotion at Google and four years with the company, sharing gratitude for growth and support.
Mshel Homes Wins Top Property Award at ARE Awards 2026
Mshel Homes has been named Property Development Company of the Year at the ARE Awards 2026 for the second consecutive year, affirming its leadership in Nigeria's real estate sector.
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Petrol Prices Drop as Dangote Refinery Cuts Gantry Price by N25
Petrol pump prices fall across Nigeria after Dangote Refinery reduces ex-depot price by N25. Lagos stations sell between N1,272 and N1,295 per litre.
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MTN CEO: No Unlimited Mobile Data Anywhere, Nigerians Complain
MTN Nigeria CEO Karl Toriola states that unlimited mobile data does not exist globally due to network capacity limits, as Nigerians complain about rising data costs and rapid depletion.
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Lagos Offers ₦2.5m for Best Tree in New Environmental Campaign
Lagos State launches 'Me and My Tree' initiative, offering free seedlings and a ₦2.5m prize for the best-maintained tree to combat rising urban temperatures and heat island effect.
Telcos Dispute Government Investment Data, Demand New System
Telecom operators in Nigeria have disputed government data on falling investment, calling for a more comprehensive tracking framework to capture both foreign and domestic capital flows.
Nigerians in US Face Tougher Green Card Rules Under New DHS Policy
The DHS issued a stricter policy memo on May 21, 2026, making US Green Card applications harder for Nigerians. Applicants must prove extraordinary circumstances.
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Energy Marketers Dump Dangote Refinery as Cheap Imported Petrol Floods
Nigeria's petrol imports surged in May, reversing net export gains as Dangote Refinery maintenance disrupted local production, prompting marketers to turn to cheap foreign fuel.
Naira Undervalued by 13% Despite FX Reforms: Rewane
Economist Bismarck Rewane says the naira is undervalued by 13.22%, estimating its fair value at N1,193.22/$ versus the market rate of N1,374.92/$.
FCMB Collect Boosts Digital Payment Adoption Among SMEs
FCMB strengthens digital banking with FCMB Collect, a solution helping SMEs digitize cash flow and improve payment operations for growth.
Payaza Gets A- Credit Ratings from Four Major Agencies
Payaza Africa Limited receives A- credit rating upgrades from Moody's, Agusto, DataPro and Intelligence Africa, reinforcing its financial strength and credibility in Africa's fintech ecosystem.
Nigerians Slam MTN CEO Over Unlimited Data Claim
MTN Nigeria faces backlash after CEO Karl Toriola says unlimited mobile data is impossible globally. Consumers demand better service and transparency.
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Nigerian Phone Accessories Tested: OH Mobility vs Top Brands
We tested popular Nigerian phone accessories brands. OH Mobility outperforms Oraimo, New Age, and Romoss in quality, durability, and innovation. Full story inside.
Cooking Gas Prices Surge in Abuja, Lagos, Residents Shift to Charcoal
Cooking gas prices hit N2,000 per kg in Abuja and Lagos, forcing households and small businesses to switch to charcoal and firewood amid affordability crisis.
Healthy Diet Now a Luxury for Nigerians as Inflation Soars
Nigeria's inflation hits 16.06%, making healthy diets unaffordable. Citizens adopt coping strategies amid soaring food prices.
Women Farmers: Unsung Heroes of Agrifood Systems and Food Security
Nigeria faces acute hunger, but women farmers quietly boost food security through innovation, resilience, and agribusiness, yet face systemic barriers.
Coffee Revival to Expand Nigeria Export Portfolio: Adegoke
The Nigeria Coffee Revival Initiative will expand the country's export portfolio, create jobs, and increase foreign exchange earnings, says COCEFAAA President Adeola Adegoke.
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Heirs Energies $750m Financing Named Oil & Gas Deal of Year
Heirs Energies' $750m RBL facility wins Best Oil & Gas Deal of the Year at EMEA Finance Awards, highlighting indigenous African energy firms' capacity.
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