Sanwo-Olu, Oyedele to Headline Invest Lagos Summit
Lagos Governor Babajide Sanwo-Olu and Minister Taiwo Oyedele will lead the Invest Lagos Summit on June 9, focusing on investment, innovation, and sustainable growth.
Category : Business
Nigeria's Fiscal Outlook Constrained by Debt, Oil Output
Nigeria's revenue improved in first nine months of 2025, but debt service costs and weak oil earnings constrain fiscal outlook, with capital spending lagging.
Tackle Insecurity, Infrastructure Gaps for Investment
Analysts urge FG to address insecurity and infrastructure deficits to convert short-term capital inflows into long-term productive investments for sustainable growth.
Why Telecom Subscribers Now Consume More Data: MTN Explains
MTN hosted a Data-on-Trial session to address data depletion complaints. CEO Karl Toriola revealed background app activities and faster networks as key causes.
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Cartoon: Nigeria's Economic Woes in Satirical Illustration
A satirical cartoon highlights Nigeria's economic hardships, showing citizens grappling with inflation and unemployment in a humorous yet critical light.
FG to Use EU's €59m to Combat Illegal Fishing in Gulf of Guinea
Nigeria will leverage the €59 million West Africa Sustainable Ocean Programme to tackle illegal fishing, enhance surveillance, and strengthen marine resource management.
Firm seeks power reforms as energy costs threaten drug production
May & Baker Nigeria Plc calls for urgent government intervention and power reforms to support local pharmaceutical manufacturing amid rising energy costs.
Jonathan, Lumumba Task Nigeria on Nuclear Energy Development
Former President Goodluck Jonathan and Prof. Patrick Lumumba call on Nigeria and African nations to develop nuclear weapons and energy for global respect at NBA Law Week 2026 in Yenagoa.
Foluke Areola First African President of World Aquaculture Society
Dr Foluke Areola assumes office as the first African and first African woman to lead the World Aquaculture Society, marking a historic milestone for Nigeria and Africa.
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Borno Gov Urges FG to Protect Chad Basin Assets
Borno Governor Babagana Zulum calls on FG to safeguard Chad Basin Development Authority assets, warning against auctioning serviceable equipment as scrap metal.
Nigeria Equities Lose N5 Trillion in One Week on Insecurity
Nigeria's equities market shed N4.915 trillion in one week as rising insecurity erodes investor confidence, raising concerns about economic impact.
Dangote Cement enhances transport safety via AI telematics
Dangote Cement deploys AI and telematics to enhance transport safety, reducing crashes by 56% and fatalities by 36%, earning FRSC commendation.
Inflation Crisis in Nigeria: Mental Health at Risk
Rampant inflation in Nigeria is straining mental health, marriages, and productivity. Experts urge income diversification and prudent spending to survive.
Tariff Hike Saved Telecoms from Collapse, Says MTN CEO
MTN Nigeria's CEO Karl Toriola says the 2025 telecom tariff increase prevented the industry's collapse, despite ongoing consumer complaints about data depletion and service quality.
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Insurance Recapitalisation Tied to Innovation, Market Growth
Experts say insurance recapitalisation success depends on innovation, efficiency, and market reach, not just capital adequacy, as firms meet new requirements.
Macroeconomic Woes Reshaping Nigeria’s Office Market
A new report reveals that economic underperformance and pandemic effects are driving businesses toward flexible, managed office spaces in Nigeria, with Lagos leading supply.
Foundation Urges Stronger Physical Planning for Sustainable Cities
The Nathaniel Atebije Foundation calls for enhanced physical planning to build safe, resilient, and sustainable cities amid rapid urbanization and environmental challenges in Nigeria.
Reform Sequencing in Global South: Nigeria Compared to Others
This article compares Nigeria's economic reforms under Tinubu with Indonesia (1998), Brazil (1994), and India (1991), analyzing sequencing, anchors, and industrial strategy.
NAICOM Insurtech Aims for 200M Nigerians by 2030
NAICOM's Insurtech initiative could expand insurance access to over 200 million Nigerians by 2030, with the first Partnering Insurtech licence issued to CBI Partnering Insurtech Limited.
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iDICE: Nigeria's $617M Plan for Young Digital and Creative Founders
Nigeria's iDICE program invests $617 million in digital and creative enterprises, providing finance, skills, and infrastructure to young entrepreneurs nationwide.
NAICOM Engages EY for Risk-Based Capital Framework Implementation
NAICOM engages Ernst & Young to accelerate risk-based capital framework implementation, enhancing financial resilience and aligning with global standards.
CBN Tightens FX Rules, Imposes N100m Fine on Banks
The CBN has revised its foreign exchange framework, introducing a N100 million penalty for banks processing FX transactions without proper documentation to boost transparency.
Tanzania seeks stronger trade ties with Nigeria at FAB 2026
Tanzania High Commission in Abuja aims to strengthen trade ties at FAB 2026 Exhibition in Lagos, showcasing premium food and beverages to boost economic diplomacy.
REDAN Urges Climate-Resilient Housing Development in Nigeria
REDAN calls for collaboration among stakeholders to address climate change impacts on housing, urging adoption of resilient strategies, green infrastructure, and ESG principles.
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HDAN: Lagos N80bn Approval Fees Risk Housing Affordability
The Housing Development Advocacy Network warns that Lagos State's N80 billion revenue from building approvals could worsen housing affordability, urging reforms to balance regulation and cost.
Engineers Seek Better Patronage, Stronger Industrial Training
Nigerian engineers advocate for increased patronage in national projects and enhanced industrial training to bridge the gap between academic learning and practical experience.
Africa's Forests Under Pressure Amid Rising Demand for Natural Resources
New research by the African Forest Forum reveals that Africa's forests face increasing pressure from deforestation and climate change, but also present opportunities for green growth and sustainable development.
AIICO Rewards Shareholders with N4.39bn Dividend
AIICO Insurance Plc pays N4.39 billion dividend, appoints new directors and chairman to enhance governance and long-term value creation.
Nigeria Unveils First Gas, Power Infrastructure Map at NOG Week
Nigeria will launch its first comprehensive Gas and Power Infrastructure Map at NOG Energy Week, addressing data gaps to boost investment in the energy sector.
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Founders Discuss Entrepreneurship Realities at Event
Over 50 founders and business leaders gathered at The Founder's Weight event in Lagos for candid conversations, practical insights, and networking to address entrepreneurship challenges.
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