Man Spent N4.5m on Solar Inverter, Warns Against Fake Panels
A Nigerian man revealed spending N4.5 million on a 16kVA solar inverter setup, cautioning others against fake solar panels and industry scams.
Category : Business
BATN achieves 100% diesel-to-CNG shift in climate push
British American Tobacco Nigeria reports 100% diesel-to-CNG transition, solar power, and waste recycling milestones for World Environment Day 2026.
Stakeholders Push Agritourism for Food Security and Growth
Stakeholders at the World Agritourism Festival 2026 advocate agritourism as a sustainable path to food security, rural prosperity, and economic self-reliance.
CBN Slams N100m Fine on Banks for Forex Rule Breaches
The Central Bank of Nigeria imposes N100m penalty on banks for forex violations under a new compliance framework, with escalating fines for various infractions.
BATN Achieves Full Diesel-to-CNG Switch on Environment Day
British American Tobacco Nigeria reports 100% transition from diesel to CNG, cutting carbon intensity and boosting renewable energy with solar power.
Sovereign Trust Deposits N1.5bn with CBN Ahead of Deadline
Sovereign Trust Insurance Plc has deposited N1.5 billion with the CBN, meeting NAICOM's deadline under the NIIRA 2025 reforms, boosting financial solvency and stakeholder confidence.
Tanzania Courts Investors at Lagos Food Expo 2026
Tanzania High Commission will showcase premium food and beverages at FAB West Africa 2026 in Lagos, seeking trade and investment partnerships with Nigerian and international buyers.
LandSight Fights Property Fraud via Data Verification
LandSight, a property intelligence platform launched in March 2026, uses data integration with government registries to verify land ownership and reduce fraud risks in Nigeria's real estate market.
Nigerians Still Trust Banks Over Fintechs: Retail Deposits Hit N39T
Retail deposits in six major Nigerian banks rose 24% to N39.01 trillion in 2025, showing banks remain dominant despite fintech growth. Zenith Bank leads, Access Holdings grows fastest.
Lagos Housing Schemes Exclude 70% of Residents
An investigation reveals that Lagos low-cost housing schemes, costing ₦5-25 million, are unaffordable for 70% of residents earning below ₦100,000 monthly, with strict documentation barriers and high repayment terms.
Agritourism Advocated as Engine for Food Security
Stakeholders at the World Agritourism Festival 2026 urge governments to integrate agriculture with tourism and culture to boost food security, job creation, and economic resilience.
Seme Border Stakeholders Seek Vehicle Import Ban Review
Stakeholders at Seme Border call on the Federal Government to review the ban on imported vehicles, citing job losses, revenue decline, and continued smuggling.
Pharma Group Targets 70% Local Drug Production
PMG-MAN reaffirms commitment to 70% local medicine manufacturing, citing progress from 50:50 ratio and decline in imports. 8th NPME 2026 set for September.
National Tourism Safety Conference Set for July 2026
The National Tourism Safety and Security Technology Conference will take place July 6-7, 2026 in Abuja, featuring key stakeholders and modern tech solutions.
CIPM Reaffirms Commitment to Advancing Professional Excellence
CIPM reaffirms commitment to HR excellence, announces 27th annual conference in Port Harcourt focusing on agile and sustainable organizations.
Ogoni Cleanup: HYPREP Says Restoration Sequestering Carbon
HYPREP marks World Environment Day, highlighting Ogoni mangrove restoration as climate action that sequesters carbon, revives biodiversity, and creates jobs for local communities.
Nigeria Targets More Oil Investment in Q3 2026 Licensing Round
Nigeria's upstream regulator NUPRC announces the 2026 oil licensing round to start by Q3 2026, aiming to attract more investment and boost production.
NIMASA, Malta Partner to Boost Nigeria's Ship Registry
NIMASA and Malta Ship Registry discuss collaboration on ship registration, digital transformation, and capacity building to enhance Nigeria's maritime sector.
Interswitch Founder Joins EY Global Jury for 2026 Awards
Mitchell Elegbe, Interswitch founder, is reappointed to the global jury for the 2026 EY World Entrepreneur of the Year Awards, marking his third consecutive year as the only African juror.
Why Online Businesses Struggle to Attract Customers
Nigerian SMEs go digital but still fail to attract customers. Wetinuneed founder Buchi Madiebo says structured visibility is key for trust and sales.
Govt Urged on Green Ports, Welfare for Dockworkers
NLC Vice President calls for worker-centered green port transition at SCAN Dockworkers' Day 2026, emphasizing welfare, training, and sustainable infrastructure.
LLF 9th Edition: Beyond the Hide to Build Industry
Lagos Leather Fair unveils 2026 theme 'Beyond the Hide' to transform Africa's leather value chain, scaling value and driving industrial growth.
Foundation Empowers 152 Women, Plans Free School for Homeless
The Bennie Griffins Foundation empowered 152 vulnerable women in Lagos with entrepreneurship training and plans to open a free primary school for homeless children.
Rental Professionals Confab Set for Lagos June 2026
The Rental Professionals Society of Nigeria (RPSN) will host its annual conference in Lagos from June 8-11, 2026, focusing on legacy, luxury, and longevity in the event rental industry.
NIS Lagos Command Honours Lasaco Assurance with Award
The Nigeria Immigration Service Lagos Command awarded Lasaco Assurance Plc for product growth, innovative service, and operational excellence in the insurance industry.
Foursquare Women June Rally: Vocational Skills Training
Foursquare women to hold June Rally from June 24-27, 2026, featuring vocational skills training. Theme: Finger of God. Leaders urge transformation and unity.
Engineers Urge Diesel Price Relief for Productive Sectors
Nigerian Society of Chemical Engineers president calls on President Tinubu to provide targeted diesel price relief for productive sectors to curb inflation and prevent economic crisis.
inDrive Rewards 1,000 Drivers in Lagos, Abuja with N30M
inDrive rewards 1,000 drivers in Lagos and Abuja with N30 million in fuel and shopping vouchers to ease operational expenses amid rising fuel costs.
Lagos Tourism Boosts Business Growth and Investments
Lagos State's tourism, arts, and culture initiatives are driving economic growth, attracting investments, and empowering young entrepreneurs across the state.
Yenagoa: From Administrative Enclave to Economic Engine
Explore how Yenagoa, capital of Bayelsa State, can transform from a linear administrative hub into a thriving economic engine through strategic urban development and visionary leadership.
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