Ethiopian Airlines has declared Nigeria a critical strategic partner in its global operations, emphasizing the country's importance for its expansion plans. The airline's General Manager for Nigeria highlighted Nigeria's large market and cultural signific
MTN Nigeria CEO Karl Toriola receives performance shares worth N463.7 million as part of a N13.5 billion group incentive plan to retain top executives in key markets like Nigeria and Ghana.
The 25th NOG Energy Week in Abuja from July 5-9, 2026, will gather global stakeholders to discuss boosting investment, strengthening infrastructure, and enhancing energy resilience in Nigeria and Africa.
Learn how Nigerian businesses can build resilience to survive frequent policy changes like currency adjustments, subsidy removals, and tax reforms through strategic planning, financial discipline, and leadership foresight.
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Women leaders at a Franco-Nigerian business event call for intentional knowledge sharing, mentorship, and network access to empower the next generation and accelerate economic inclusion through a 'give to gain' approach.
The Organised Private Sector of Nigeria has formally requested President Bola Tinubu's intervention to stop the Customs, Excise and Tariff Amendment Bill, citing concerns about policy coherence and economic sustainability.
Ogun State Government has commissioned the ATC Business and Industrial Park in Ode-Remo and flagged off a shopping mall project to boost industrialization, create jobs, and attract investments.
A Nigerian POS vendor has shared an online video expressing joy after purchasing solar panels, calling it his best investment. The story highlights growing interest in renewable energy solutions among small business owners.
Discover five flexible side hustles in Canada that can help new immigrants earn between $1,500 and $3,000 monthly, from food delivery to freelancing, as highlighted in a viral TikTok video.
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PETAN's Publicity Secretary Joan Faluyi highlights the association's role as a critical force in Nigeria's oil and gas sector, driving indigenous technical capabilities and operational execution beyond mere ownership.
Arise O Compatriot Initiative demands reversal of Engr. Sule Abdulaziz's reappointment as TCN MD, citing grid instability and poor performance, threatening peaceful protests.
The Kano Chamber of Commerce advocates for commissioners with strong private sector backgrounds to drive economic revival, investment, and job creation in Kano State.
Tetracore Energy Group has commissioned a new Auto CNG station in Benin City, Edo State, with a capacity to fuel 200 vehicles daily, marking a strategic expansion in Nigeria's gas-powered mobility sector.
Lanre Oluseye advocates for conferences focused on mentorship and economic outcomes, criticizing current trends as mere networking events without measurable impact.
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First Independent Power Limited has endorsed the Federal Government's N3.3tn power sector debt settlement, calling it crucial for restoring stability and confidence in Nigeria's electricity industry.
Delta State Governor Sheriff Oborevwori identifies distribution as Nigeria's key energy hurdle, enacts new Electricity Law and partners with consultants to achieve 24-hour electricity in Warri and Asaba by year-end.
The World Bank reveals imported petrol is 12% cheaper than Dangote's locally refined fuel, warning of inflation risks from global oil price hikes and domestic pricing distortions in Nigeria.
Two commercial vessels have navigated the Strait of Hormuz after Iran reopened the critical waterway as part of a temporary two-week ceasefire with the United States, marking the first maritime movements following months of severe restrictions.
The Strait of Hormuz remains a vital global oil route, with 20% of world supply passing daily. Rising Iran-US-Israel tensions threaten disruptions, as alternative routes have limited capacity compared to this strategic waterway.
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Nigeria's NNPC has doubled crude oil deliveries to the Dangote Petroleum Refinery, potentially improving fuel availability. Industry experts say government intervention is needed for meaningful price reductions.
A 30-year-old man died and his brother was injured in Ilorin after a high-tension electricity wire snapped, sparking a fire. Residents had warned IBEDC about the faulty wire, but no action was taken, leading to the tragic incident.
The Federal Government has waived demurrage charges on over 10,000 stranded containers at Nigerian ports, aiming to reduce import costs and potentially lower prices for food, vehicles, and other goods.
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Dangote Refinery has reduced Premium Motor Spirit price to ₦1,200 per litre, reversing recent hikes amid global crude oil price declines triggered by geopolitical developments involving Donald Trump and Iran.
Central Bank of Nigeria data shows remittance outflows dropped by 36.09% in 2025 while inflows surged to approximately $600 million monthly, indicating improved forex position.
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The Central Bank of Nigeria is set to unveil a new payment systems vision to guide the digital payments ecosystem, following a surge in electronic transactions to N1.07 quadrillion in 2024.
The Nigerian Navy has expressed readiness to partner with organizations to enhance indigenous shipbuilding capacity and maritime security operations. Chief of Naval Staff Rear Admiral Idi Abbas emphasized technology transfer during a meeting with ASELSAN
Dangote Cement, BUA Cement, and other manufacturers have increased cement prices to N12,000 per bag nationwide, driven by rising energy and logistics costs, impacting construction projects and housing affordability.
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The Nigerian National Petroleum Company Limited has increased crude oil supply to Dangote Petroleum Refinery to 10 cargoes in March, though still below the 19 needed for optimal operations.
Dangote Refinery has reduced Premium Motor Spirit price by ₦75 to ₦1,200 per litre following a sharp decline in international crude oil prices. The move comes after geopolitical developments eased supply concerns.
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FTSE Russell has reclassified Nigeria from 'Unclassified' to 'Frontier Market', effective September 2026, citing improvements in NGX infrastructure, transparency, and investor access.
