Stella Okengwu, CEO of WinHomes Global Services, criticizes Works Minister David Umahi for questioning her company's $215 million housing project funding, sparking a dispute over the Lagos Coastal Highway alignment and raising investor confidence concerns
Lafarge Africa Plc has announced plans to seek shareholder approval to change its corporate name to HBM Nigeria Plc at its upcoming AGM. The proposal comes amid recent cement price hikes and strong financial performance in 2025.
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Discover how BlueAfric Media has transformed brand visibility across Nigeria's South-East through culturally resonant campaigns for Hero Lager, tech startups, political brands, and national initiatives over the past decade.
A Nigerian flight attendant working for Rano Air has resigned and shared her emotional experience in a viral TikTok video, sparking widespread reactions online.
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Treasure Nwachukwu reveals receiving over N4 million in dividends after investing N10.8 million in 300,000 Zenith Bank shares, now valued at N32.7 million.
ACI Europe warns airports across Europe may exhaust jet fuel reserves in less than three weeks due to Middle East conflict disrupting oil shipments via Strait of Hormuz, threatening widespread flight cancellations.
Beauty entrepreneur Laura Ikeji Kanu explains why Nigerian celebrity-owned businesses often fail, citing lack of public and internal support, perception issues, and investor reluctance.
A Nigerian remote worker has installed a solar power system in her apartment due to unreliable electricity, revealing a total cost of N634,000 for the setup including panels and installation.
The IMF warns that global fuel shortages and economic damage from the Iran conflict will persist, with the Strait of Hormuz bottlenecked and growth forecasts downgraded.
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The Nigerian naira strengthened sharply to ₦1,359.32 per dollar, ranking as the 7th best-performing currency globally, driven by improved foreign exchange liquidity from the CBN, despite a dip in foreign reserves below $50 billion.
A Central Bank of Nigeria survey identifies poor electricity supply and insecurity as the biggest challenges facing businesses, with regional disparities in economic optimism noted.
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The Trade Union Congress has urged the Nigerian government to use excess crude revenue to subsidize local refineries, warning that petrol prices are nearing ₦2,000 per litre and workers cannot afford transportation costs.
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Nigeria's electricity generation remains far below the promised 6,000MW target, with current supply at just 3,331MW. Minister Adelabu's repeated deadlines have been missed, causing widespread blackouts and economic losses.
The Federal Government urges Nigerian professionals trained in the former Soviet Union and Eastern Europe to apply their expertise in aviation and technology sectors to drive national development and industrial advancement.
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Traditional rulers and community leaders in the Niger Delta have called for sustained support for Tantita Security Services Limited following a National Assembly vote of confidence. They cite improved security, job creation, and reduced oil theft as key b
The World Bank has removed its latest Nigeria Development Update report from its website just three days after publication, with no official explanation provided for the sudden deletion.
President Bola Tinubu has extended warm birthday felicitations to industrialist Aliko Dangote, praising his transformative role in Africa's economy and philanthropic efforts through the Dangote Foundation.
Nigeria's Supreme Court has delivered a unanimous judgment favoring Neconde Energy Limited and Nestoil Limited, clarifying that companies retain rights to appoint legal counsel and defend interests when receivership validity is contested.
The Eko Electricity Distribution Company (EKEDC) has scheduled a planned power outage in parts of Lagos State, including Victoria Island and Ikoyi, due to maintenance by the Transmission Company of Nigeria (TCN). The outage will last from 9:00 a.m. to 5:0
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The Nigerian Navy recovered 531,500 litres of illegally refined petroleum products and arrested 18 suspects in the first quarter of 2026 under Operation DELTA SENTINEL, targeting crude oil theft in the Niger Delta.
Mikano International Limited has issued a strong denial of allegations linking its Chairman, Mr. Mofid Karameh, to criminal activity. The company emphasizes its three-decade reputation built on integrity and is exploring legal options against what it call
A Nigerian lady's TikTok video detailing her $100 daily rate for babysitting children in Lekki has sparked widespread reactions online, with many surprised by the lucrative side hustle.
Dangote Sugar Refinery has prohibited workers at its Numan plant from chewing sugar cane on premises, labeling it gross misconduct with penalties including arrest and prosecution.
The Oyo State Government has donated a fully equipped specialized vehicle to NAMA to enhance airspace management and support the upgrade of Samuel Ladoke Akintola Airport to international status.
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The Nigerian naira has surged 13.5% against the US dollar, ranking seventh globally in currency performance, driven by improved FX management and capital inflows.
GIG Mobility announces plans to integrate Nigeria's fragmented mobility and logistics sector through a unified platform, aiming to streamline travel and logistics services for improved efficiency and economic growth.
A solar analyst with seven years of experience advises ice block and soft drink sellers to avoid solar freezers, recommending inverter freezers with solar systems instead for better durability.
Emeka Emuwa, Chairman of Verod Holdings, has been awarded the prestigious Citi Distinguished Alumni Award in Leadership, becoming only the second Nigerian to receive this honor after Yemi Cardoso.
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The Central Bank of Nigeria introduces new BVN regulations effective May 1, 2026, including phone number limits, transaction caps, and stricter identity checks to combat fraud and enhance security in digital banking.
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A new World Bank report reveals Nigeria's poverty rate rose to 63% in 2025, affecting 140 million people, despite declining inflation. The bank warns slow income growth and agricultural sector lag are worsening living conditions.
