About 69 indigenous barge operators have liquidated companies worth N211.9 billion due to harsh business conditions, including high charges and foreign dominance, as revealed at a stakeholders' engagement in Lagos.
Metro & Castle is transforming Lagos with affordable luxury homes, targeting diaspora Nigerians and fostering community growth through infrastructure like supermarkets and sports centers.
The Association of Housing Corporations of Nigeria criticizes strict bank guarantees for construction finance, urging reforms to boost affordable housing for low-income earners amid a growing deficit.
The Lagos State Government has announced traffic diversions and restrictions around Tafawa Balewa Square for the Lagos Fanti Carnival, listing specific roads to be closed and designated car parks.
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Edo State plans a 100MW power plant in Ologbo, with experts urging regulatory reforms to break electricity monopolies and boost investment for reliable supply.
The naira weakened marginally in the official market but gained in the parallel segment, while Nigeria's bond market showed subdued activity with mild yield changes and strong auction demand.
Climate events could reduce Nigeria's GDP by 8% by 2100, with sea-level rise costing 0.1-0.4% yearly. Experts urge media to strengthen ESG reporting to mitigate risks and attract investment.
Despite persistent network instability, Nigeria's 5G penetration has reached 4.06%, driven by 2.3 million new active telephone users. The technology is expanding in urban hubs, though device costs and infrastructure gaps remain challenges.
The Nigerian Institute of Quantity Surveyors and former governor Donald Duke urge government MDAs to establish cost control units, emphasizing the role of certified professionals in managing project budgets and ensuring transparency.
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A property firm emphasizes strict adherence to building standards to prevent collapses and deliver quality housing, launching new developments in Lagos to meet growing demand.
Air Peace announces plans to operate flights from Gateway International Airport to London Gatwick and Heathrow this summer, marking a major boost for Ogun State's aviation sector and infrastructure development.
A Lagos-based lawyer, Dr Sheriff Abiodun Adesanya, has filed a lawsuit against Air Peace Limited at the Federal High Court in Lagos, challenging the airline's 'seat-only' business-class upgrade policy. The case raises critical questions about airline tran
The Rural Electrification Agency (REA) has disbursed N9 billion to boost renewable energy via mini-grid projects in Taraba, Kwara, Kogi, and Niger states, supported by the DARES programme and a N100 billion MoU with Lotus Bank.
Nigeria's naira-for-crude policy and Dangote Refinery operations have shielded the country from global energy shortages caused by Middle East conflicts, ensuring petroleum product availability while other nations face severe disruptions.
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LAWMA calls on Lagos residents to adopt proper waste disposal habits to maintain cleanliness and prevent flooding, especially during the Easter period.
The African Development Bank states that African nations could boost tax revenue by $469.4 billion yearly through digital tools and stronger enforcement, addressing a critical shortfall in funding for development.
MAIDS launches Nigeria's first blockchain-enabled mutual insurance model, approved by NAICOM, shifting policyholders to active co-owners with tokenized premiums and profit-sharing to boost transparency and access.
Nigeria's shift to green transport hinges on making projects financially viable for businesses, with private sector innovation and inclusive design crucial for a sustainable transition from policy to practice.
AXA Mansard Health Limited sponsors the 2026 Association of Medical Students of Africa Conference, signaling a strategic push for healthcare innovation and talent development across the continent.
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Investors on the Nigerian Exchange Limited gained N837 billion last week, driven by improved full-year financials from listed companies and new share listings, despite mixed sectoral performance and declining trading activity.
Stakeholders at an ILRI roundtable in Ibadan urge urgent policy changes, investment, and research coordination to adopt Black Soldier Fly Larvae as a sustainable protein source for livestock feed, targeting integration by 2030.
FAAN MD Olubunmi Kuku states Nigeria's aviation sector offers strong investment opportunities due to market fundamentals, government reforms, and expanding infrastructure, positioning it as a key hub in West and Central Africa.
MeCure Industries Plc has fully redeemed its N3 billion Senior Secured Bond on schedule, highlighting the company's strong financial management and solid cash flow. The CFO emphasized this milestone strengthens investor confidence and supports future grow
Irele Tower, a nine-storey EDGE-certified building, has opened in Lagos Free Trade Zone, offering 12,000 sqm of office and retail space with 26% less energy and 46% less water use than conventional structures.
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AXA Mansard Investment Limited has launched a mentorship initiative targeting young professional women in Nigeria to enhance financial literacy and investment participation, addressing gender gaps in wealth creation.
A Caribbean Airlines passenger gave birth aboard Flight 005 as it approached JFK Airport on April 5. Air traffic control recordings reveal the dramatic moments, with the pilot requesting a direct approach and medical personnel ready upon landing.
Pepsi has ended its sponsorship of the Wireless Festival following public backlash over Kanye West's headline booking, citing concerns over the rapper's controversial history and statements.
Hospitality entrepreneur Adegbe Ogbeh warns that infrastructure deficits, talent shortages, and economic pressures are major constraints for Nigeria's hospitality sector, despite steady growth and rising standards.
CBN Governor Yemi Cardoso highlights ongoing challenges in Nigeria's banking recapitalisation, aimed at strengthening financial resilience and supporting economic growth, with over ₦4.65 trillion raised.
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Nigeria's largest tier-one banks, known as FUGAZ, collectively spent approximately N1.23 trillion on personnel expenses in 2025, marking significant increases from 2024 due to inflation, salary adjustments, and expanded hiring across the sector.
