Golden Terra Oil Launches Get Gold Promo Campaign
Golden Terra Oil launches Get Gold Promo, offering free Terra Gold seasoning with purchases. Campaign rewards loyalty and adds value for Nigerian consumers.
Category : Business
Sundry Markets Creates 4,000 Jobs in 10 Years
Indigenous grocery retailer Sundry Markets Limited has created over 4,000 jobs in 10 years, strengthening local supply chains and supporting inclusive economic growth across Nigeria.
NGO, NLNG Cooperative Partner to Empower 30 Young Women
JA Nigeria and NLNG Cooperative partnered to empower 30 young women in Finima, Bonny, with entrepreneurial and hairstyling skills for economic independence.
20% TSA Reduction: Slow Path to ICAO Compliance
Nigeria reduces aviation agencies' TSA deductions from 50% to 30%, but stakeholders say full compliance with ICAO standards is still far off, urging zero deductions.
AeroWest 2026 Summit to Tackle West Africa Air Transport
AeroWest 2026 summit in Lagos aims to address air transport challenges in West and Central Africa, bringing together stakeholders to drive actionable outcomes.
Overreliance on roads hurting Nigeria's economy, raising inflation
Nigeria's heavy dependence on road transport is undermining economic growth, increasing business costs, and worsening inflation, says transport expert Prof. Samuel Odewumi.
Toyota Nigeria Reaffirms Customer Commitment at 30th Anniversary
Toyota Nigeria Limited (TNL) celebrated 30 years of business, reaffirming its customer-first commitment at the 2026 Toyota Awards and Customers' Night in Lagos.
CBN proposes stricter rules for banks, affiliated firms
The Central Bank of Nigeria has issued draft guidelines to tighten controls on transactions between banks and their affiliated entities to protect depositors and reduce financial risks.
Ufot champions storytelling as business growth strategy
Aniekan Ufot of SO&U Group urges brands to focus on compelling narratives over content volume, citing Nike and Apple as examples of storytelling driving business success.
Nigeria's Oil Output Hits 1.53mbpd as OPEC Sees Gains
Nigeria's crude oil production rose to 1.53 million barrels per day in May 2026, according to OPEC, signaling recovery amid improved economic outlook and reforms.
World Bank cuts Nigeria 2026 growth forecast to 4.1%
The World Bank has downgraded Nigeria's 2026 growth projection to 4.1% from 4.4%, citing structural constraints despite higher oil prices. Sub-Saharan Africa's outlook was also trimmed.
Nigeria Prioritises Hydrography in Maritime Strategy
Minister of State for Defence, Dr Bello Muhammad Matawalle, says President Tinubu's administration has placed hydrography at the core of Nigeria's maritime development strategy.
Oyo Impounds Livestock Over Illegal Grazing
Oyo State law enforcement impounds livestock for illegal open grazing in Iseyin, acting on farmers' complaints of crop destruction and livelihood threats.
Peter Obi decries worsening food security despite govt efforts
Peter Obi criticizes Nigeria's food security situation, stating that agricultural interventions have not improved outcomes, with hunger worsening and global rankings poor.
Nigeria Hits OPEC Quota, Oil Production at 11-Month High
Nigeria's oil production averaged 1.7 million bpd in May 2026, meeting OPEC quota and marking an 11-month high, driven by stable operations and completed maintenance.
Private Jet Crew Arrested Over Safety Breach in Delta
Flight crew of a private jet that made an emergency landing on an unfinished road near Asaba, Delta State, have been arrested by security agencies for safety violations.
LPG Prices Surge 800% in Decade as Nigeria Exports Over 60% Gas
Nigeria's cooking gas prices have soared over 800% in ten years, from N250/kg in 2016 to over N2,000/kg now, despite holding Africa's largest gas reserves, as over 60% of production is exported.
Lagos steps up fight to end new HIV infections in children
LSACA trains Traditional Birth Attendants on PMTCT to eliminate new HIV infections among children and improve maternal health outcomes in Lagos State.
NSIB Recovers CVR and FDR from Asaba Incident
The Nigerian Safety Investigation Bureau has recovered cockpit voice and flight data recorders from a Bombardier Challenger that landed on a roadway near Asaba, Delta State.
Flood Ravages Rivers Community, Residents Count Losses
Heavy flooding in Oro-Owo Community, Rivers State, destroys homes and businesses. Residents cry out for government intervention as recurring floods cause devastation.
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VFD Connect: Bridging Business and Audience Gap
VFD Group launches VFD Connect on WhatsApp to offer direct access to its ecosystem, providing context, insights, and opportunities beyond traditional headlines.
Canada Extends Visa Processing Times for Nigerian Applicants
Canada's IRCC reports longer processing times for Nigerian visitor visas (51 days) and work permits (17 weeks) in June 2026, while some streams like super visas improve.
UK Army Reveals Officer Salaries by Rank
The UK military has disclosed annual salaries for second lieutenants, captains, and majors, converted to Nigerian naira for comparison. Learn the earnings by rank.
N400 Billion Airtime Lending: Who Owns Nigeria's Firms?
A viral debate exposes ownership questions behind Nigeria's N400 billion airtime lending market, with FCCPC dismissing claims of new approvals and corporate records revealing complex structures.
NDEBUMOG, Oxfam Push for Women's Inclusion in Extractive Sector
Stakeholders urge regulators to address structural barriers limiting women's participation in Nigeria's extractive sector, calling for gender-sensitive policies and equitable representation in host community trusts.
UK Fines Cambridge English £875K Over IELTS Errors
Ofqual fines Cambridge English £875,000 after computer-marking errors miscalculated IELTS scores for over 62,000 candidates worldwide between 2023 and 2025.
Cooking Gas Prices Soar Over 60% in Nigeria as LPG Crisis Worsens
Cooking gas prices have surged over 60% in Nigeria since May 2026, forcing families to revert to firewood. Depot rates rise amid global oil tensions.
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Airtime Lending: Ownership of 9 New Operators Raises Questions
As Nigeria's airtime lending market opens up, questions about who owns the nine new operators emerge, sparking calls for transparency and scrutiny of monopoly claims.
Tinubu Restates FG, States Collaboration on Investment Barriers
President Tinubu reaffirms commitment to collaborating with states to reduce investment barriers, citing policy inconsistencies, regulatory inefficiency, and poor infrastructure.
Tinubu's Concrete Road Prevents Air Disaster in Delta
An aircraft in distress landed safely on a concrete road built by Tinubu's administration in Delta state, averting a potential crash. Minister Umahi highlights the importance of durable infrastructure.
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