Rabiu's Wealth Hits $12.3bn as BUA Stocks Surge on NGX

Nigerian billionaire Abdulsamad Rabiu's net worth surged to $12.3 billion on February 18, 2026, driven by gains in BUA Cement and BUA Foods on the Nigerian Exchange. His wealth increased by $915 million in a single day, with year-to-date gains of $2.13 bi

X Users Debate Rising Cost of Living: Budgeting vs. Income

A viral X post sparks intense debate on Nigeria's economy, with users arguing whether budgeting can fix the cost-of-living crisis or if stagnant wages are the real issue, highlighting divergent views on consumer habits and financial realities.

Gas Leak at Illegal Mining Site in Plateau Kills 37

A suspected toxic gas leak at an illegal mining site in Plateau state has resulted in the deaths of 37 miners, with survivors hospitalized. The incident highlights safety concerns in unregulated mining operations.

Nigeria Leads West Africa in Accelerated Eco Currency Push

West African leaders have intensified efforts to launch the long-delayed Eco regional currency, with Nigeria playing a central role in harmonizing monetary policies and meeting strict macroeconomic benchmarks for the ambitious 2027 target.

Mshel Hutu Exclusive Real Estate Appreciates 35% in One Year

Mshel Hutu Exclusive, launched last year by Mshel Homes, has seen up to 35% appreciation due to its prime location and sustainable amenities like golf courses, a school, and a resort hotel. Investors are urged to act now to secure long-term returns.

Nigeria Loses N1.76tn Revenue from OPEC Quota Shortfall

Nigeria lost an estimated N1.76 trillion in potential crude oil revenue after failing to meet its OPEC production quota between January 2025 and January 2026, highlighting persistent structural challenges in the oil sector.

Dangote Daughters Appointed to Top Executive Positions

Aliko Dangote has appointed his daughters Halima, Fatima, and Mariya to key executive roles within the Dangote Group, as part of a leadership restructuring and succession plan aimed at driving expansion under Vision 2030.

Dangote Predicts Naira at N1,000 per Dollar by 2026

Billionaire industrialist Aliko Dangote forecasts the Nigerian naira could appreciate to N1,000 against the US dollar by 2026, citing government economic reforms and import restrictions as key drivers.

FAAN Ends All Cash Transactions at Airports by 2026

The Federal Airports Authority of Nigeria (FAAN) has announced a ban on all cash transactions across its nationwide airport operations, effective February 29, 2026, in compliance with the federal government's cashless policy.

Ramadan 2026: Food Price Surge in Nigeria

Ahead of Ramadan, Nigerian markets see sharp increases in staple food prices like rice and beans, with some areas reporting doubled costs, while Lagos and Kano show relative stability.

Agro Real Estate Rivals Commercial Real Estate in Returns

At AAREDS 2026, industry leaders highlighted structured agro real estate investments in crops like oil palm and cocoa as competitive alternatives to commercial real estate, emphasizing governance and institutional backing for long-term yields.

Only 20% of Nigeria's Waste Managed, Engineers Raise Alarm

Environmental engineers in Nigeria have raised serious concerns that only 20% of the country's waste is properly managed, threatening public health and sustainability. The warning came during the inauguration of new NIEE leadership in Abuja.

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