Nigeria Launches Solar Mini-Grid Framework for Power
The Federal Government has unveiled new guidelines for connecting solar mini-grids to distribution networks, aiming to boost electricity access, investor confidence, and renewable energy adoption.
Category : Business
Student Laments N2,200 per kg Cooking Gas in Lafia
A Nigerian student from Federal University of Lafia laments rising cooking gas price at N2,200 per kg, sparking reactions online.
NiMet Predicts Widespread Rain, Thunderstorms June 3
NiMet forecasts thunderstorms and rainfall across Nigeria on June 3, with northern, central, and southern states affected. Flood risks and travel disruptions expected.
NATEP Marks One Year with Policy Reforms, Global Partnerships
NATEP achieves major milestones in Nigeria's services export sector, including FEC approval for coordination mechanism and joining WEF accelerator network.
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Petrol Drops Below ₦1,300 After Dangote Refinery Price Cut
Petrol prices in Nigeria fall below ₦1,300 per litre as Dangote Refinery reduces ex-depot price to ₦1,250. Volatility persists, impacting transport and living costs.
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IMF Warns Against Broad Subsidies Amid Rising Prices
The IMF warns that broad subsidies and price caps worsen inflation and strain budgets, urging targeted cash transfers for vulnerable households instead.
REAN, NERC Boost Renewable Energy Partnership
REAN and NERC reaffirm commitment to strengthen collaboration for Nigeria's renewable energy growth, focusing on policy coordination, market standards, and investment.
Banking Stocks Lead NGX Decline as Market Extends Losing Streak
The Nigerian Exchange declined 0.35% as banking, consumer goods, and insurance stocks led losses, with 35 stocks falling and market activity weakening significantly.
Luminary Project Offers ₦6m for Social Innovators Growth
Luminary Project awards ₦6 million to ten social innovators at third Luminary Awards in Lagos, supporting grassroots changemakers in education, healthcare, and sustainability.
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Dangote Refinery Refines Sovereignty for Nigeria
The Dangote Refinery in Lekki, Lagos, is more than an industrial project; it redefines Nigeria's sovereignty by transforming crude oil into domestic products, reducing import dependence, and enhancing energy security.
Dangote Refinery Cuts Petrol Price Again Amid Depot War
Dangote Refinery reduces petrol price to N1,252 per litre as depot operators intensify competition. Experts predict further cuts amid falling crude oil prices.
Nigeria Sets June 17, 2026 for Digital TV Switch, 100+ Free Channels
Nigeria will switch from analogue to digital TV on June 17, 2026, offering over 100 free channels. Households need set-top boxes. Broadcasters face upgrade costs.
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Nigeria loses $15bn yearly to foreign maritime firms
Nigeria loses $15bn annually to foreign ship chandlers, with over 95% of local firms shut down and 25,000 jobs lost due to bureaucracy and high costs.
Filling Stations Cut Petrol Prices as Dangote, Depots Reduce Rates
Filling stations across Nigeria reduce petrol prices following Dangote refinery's ex-depot price cut. See new rates in Lagos, Abuja and other cities.
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Vulnerable Economies Face $20bn Oil Bill Surge
Global vulnerable economies face $20 billion annual oil import surge as crude prices rise. Nigeria sees 70% petrol hike, impacting transport costs.
Shettima Urges States to Fast-Track Reforms for $750m SABER
Vice President Kashim Shettima calls on state governments to accelerate business reforms to maximize the $750m World Bank SABER programme, aiming to boost investment and economic growth.
Adesina to Chair Botswana Diamonds for Development Fund
Dr. Akinwumi Adesina, former AfDB president, has been appointed Chairperson of Botswana's Diamonds for Development Fund, aimed at economic diversification.
MTN Fibre X: No Throttling, Free Setup, Unlimited Data
Discover MTN Fibre X with zero throttling, no setup fees, and unlimited data. Plans from 50 Mbps to 1 Gbps, free installation, and 30-day validity.
MTN Broadband Router Plans 2026: Prices and Subscription Guide
Explore MTN broadband router plans for 2026, including capped and unlimited options. Learn how to subscribe, unsubscribe, and manage your router data bundles easily.
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Nigeria Urged to Leverage China Zero-Tariff Policy for Exports
Experts urge Nigeria to move beyond raw exports under China's zero-tariff policy, stressing value addition, quality compliance, and logistics reform to boost trade gains.
Broke After Pay Day: Author Explores Financial Behavior
Dr Yemisi Adepoju's book 'Broke After Pay Day' examines emotional and cultural patterns behind financial exhaustion, offering practical solutions.
Afreximbank Launches New Tools for AfCFTA Trade
Afreximbank is deploying trade instruments like PAPSS and a transit guarantee scheme to boost AfCFTA implementation, targeting $50 billion in deals at IATF 2027.
4,570 Subscribers Change Networks in Q1 2026
4,570 telephone subscribers changed network operators in Q1 2026 due to poor service quality, using the Mobile Number Portability scheme, NCC data shows.
Nigeria private sector hits nine-month high in May 2026
Nigeria's private sector growth strengthened to a nine-month high in May 2026, driven by output and new orders, despite rising fuel costs and inflationary pressures.
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Reforms lift AUM to N10tr in two years, says SEC DG
SEC DG Agama says reforms boosted AUM from N3.2tr to N10tr in two years, with market cap hitting N123.93tr and GDP share rising to 33%.
Food Prices Rise Modestly in April 2026
The NBS reports modest month-on-month increases in prices of tomatoes, beans, garri, onions, and ginger in April 2026, with significant year-on-year declines for most staples.
Global Energy Investment to Hit Record $3.4 Trillion
Global energy investment is set to reach $3.4 trillion in 2026, with clean energy accounting for $2.2 trillion, despite geopolitical tensions and rising costs.
40% of Nigerians Use Crypto for Cross-Border Transfers
A new report reveals that 40% of Nigerians use cryptocurrency for international transfers, far above the global average of 11%, driven by FX shortages and naira depreciation.
Africa Excluded from 5G Future as Affordability Deepens Divide
Affordability issues stall broadband and smartphone penetration in Africa, leaving the continent with the lowest 5G coverage globally.
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Ecobank Launches First Commercial Bank Nature Bond
Ecobank Group has launched the world's first ICMA commercial bank-issued nature bond on the London Stock Exchange, raising $450 million to support biodiversity, sustainable agriculture, and water projects across Africa.
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