Jet Blast Damages United Nigeria Plane at Lagos Airport
A United Nigeria Airline Embraer 190 aircraft was damaged by a jet blast at Lagos Airport, forcing its withdrawal from service for safety inspections and causing flight disruptions.
Category : Business
BoI Secures €50m EIB Loan for Nigeria Healthcare Funding
The Bank of Industry has obtained a €50 million facility from the European Investment Bank to finance Nigeria's healthcare and pharmaceutical businesses, supporting local manufacturing and supply chains.
Mining Reform: Nigeria's Path to Peace and Economic Stability
Recent research reveals that banning mining in conflict zones worsens insecurity. Instead, professionalizing artisanal mining and harmonizing governance can turn the sector into a cornerstone of national stability and peace.
BENCCIMA Links Edo Farmers to Global Market via 2026 Fair
The Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) announces the Edo State 2026 Trade Fair will bridge gaps for local farmers and producers to access global markets, focusing on export promotion and SME development.
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CPPE Calls for Real Sector Focus After Bank Recapitalisation
The Centre for the Promotion of Private Enterprise warns that Nigeria's banking sector remains weakly linked to the productive economy despite successful recapitalisation, urging reforms to boost credit flow to SMEs and key sectors.
Investors Gain N29 Trillion in Q1 as Nigerian Stock Market Rallies
The Nigerian Exchange Limited recorded unprecedented gains in Q1 2026, with market capitalisation rising by N29 trillion. Strong corporate earnings and improved macroeconomic conditions fueled investor confidence across key sectors.
Keystone Bank USSD Codes 2026: Full Guide & How to Use
Discover all Keystone Bank USSD codes for 2026, including how to register, check balances, transfer money, and troubleshoot issues. Learn about the bank's mobile services and customer support options.
Open Letter to Tinubu: Urgent Call for Economic Relief
A concerned citizen writes to President Bola Tinubu, highlighting severe economic strain from fuel subsidy removal and naira devaluation, urging immediate, people-centered action to ease hardships.
Nigeria Must Boost Oil Production Amid Middle East War: Analyst
A political commentator calls for Nigeria to enhance oil production and local refining capacity as the US-Israel-Iran conflict disrupts global markets, driving up fuel prices and living costs in Nigeria.
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Africa Fuel Crisis from US-Israel War on Iran Impacts Nations
The US-Israel conflict with Iran has triggered a severe fuel crisis across Africa, causing petrol price surges, electricity rationing, and energy emergencies in multiple countries, reshaping the continent's energy landscape.
CBN Orders Naira Settlement for All International Remittances
The Central Bank of Nigeria has issued a new directive requiring all international money transfers to be settled in naira through authorized local banks, affecting operators like Western Union and MoneyGram.
Mid-Sized Firms Race to Meet E-Invoicing July Deadline
Thousands of mid-sized Nigerian businesses are rushing to comply with the NRS e-invoicing framework by July 2026, facing risks of revenue disruption and audits. Pillarcraft Cloud Solutions has launched UsawaConnect to aid compliance.
KYEG Errand Service Helps Busy Lagosians Manage Daily Needs
Kìítan Your Errand Girl (KYEG), founded by Bakare Olaitan Adetunji, offers personal shopping and delivery services to simplify daily errands for busy individuals in Lagos.
Cheap Petrol in Nigeria Is a Myth, Says Ex-AfDB Adviser
Former African Development Bank adviser Banji Oyelaran-Oyeyinka exposes why comparing Nigeria's petrol prices internationally is misleading, highlighting structural economic weaknesses and low wages.
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Woman-Led Agribusiness Transforms Kwara's Agriculture
Ayosifam Integrated Service Ltd, founded by Funmilayo Esther Famuyiwa in 2020, is revolutionizing cassava, grains, and sweet potato value chains in Kwara State through climate-smart processing and fair market access for farmers.
Nigerian Stock Market Posts Loss with 3.95bn Shares Traded
The Nigerian stock market closed lower this week, with the All-Share Index dropping 0.12% as investors traded 3.95 billion shares worth N201.312 billion. Financial services stocks led activity, while Livestock Feeds and Fidson Healthcare were top decliner
Nigeria Moves to Structured Fiscal Framework for Growth
Nigeria is implementing a structured, transparent fiscal framework to boost economic stability and investor confidence, as announced by Finance Adviser Nana Ibrahim at a global markets event.
Giwa's 'Eko Miami' Aims to Transform Lagos Coastline
Serial entrepreneur Keji Giwa has unveiled the 'Eko Miami' coastal development concept, designed to transform Lagos's Okunde Bluewater Tourism Zone into a globally competitive destination for tourism, investment, and luxury living.
Naira Trades at N1,380/$ as Nigeria's Reserves Drop
Nigeria's naira depreciates to N1,380.58 per dollar, with external reserves falling to $49.48 billion. The Central Bank introduces new measures to boost FX liquidity and transparency.
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FG Opens YEIDEP Portal for N500,000 Youth Grant: Details
The Nigerian government has launched Batch B of the Youth Economic Intervention and Deradicalisation Programme, offering grants up to N500,000 to empower youths through entrepreneurship and economic inclusion.
Trump Launches OnlyFarms Site with Golden Tractor Display
President Donald Trump unveiled the OnlyFarms website at the White House, featuring a golden tractor and new financial measures to support U.S. farmers facing rising costs.
May & Baker Hits N33.9bn Revenue, Aims for N42.3bn in 2026
May & Baker Nigeria Plc reported a 32% revenue surge to N33.9 billion in 2025, driven by forex stability and market expansion. The company targets N42.3 billion for 2026, despite challenges like rising API costs and high interest rates.
Access Holdings Strengthens Economic Partnership with Cameroon
Access Holdings Plc's Chairman, Aigboje Aig-Imoukhuede, met with Cameroon's Prime Minister to enhance economic cooperation, focusing on public finance, infrastructure, and sustainable growth.
Experts Call for Greater Focus on Gas and Energy Security
Oil and gas experts emphasize the need for increased attention to gas development and energy security to support Nigeria's economic growth amid rising energy demands.
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Ashimolowo Launches Sports Estate with EPL Streets in Lagos
Pastor Mathew Ashimolowo has launched a new estate in Lagos, featuring 14 streets named after English Premier League clubs. The development aims to address Nigeria's housing deficit while promoting community through sports-themed design.
Daily Economy Launches Insurance Book for 2nd Anniversary
Daily Economy Concept celebrates its second anniversary by launching 'Trends in Nigeria’s Insurance Industry (2005–2025) & Selected Insurance Icons' on March 31, 2026, featuring key industry leaders and insights into two decades of sector evolution.
Stakeholders Call for Decentralized Pipeline Surveillance in Niger Delta
The Niger Delta Stakeholders Forum appeals to President Tinubu to decentralize pipeline surveillance contracts, warning of economic risks from exclusion and condemning alleged manipulation by Amnesty Programme officials.
Clover Studio: Design as a Growth Tool for African Brands
Clover Design Studio, founded by Covenant University graduates, helps African brands build timeless visual identities to compete globally. Their strategy-focused approach bridges gaps in branding.
Rite Foods Expands Water Day Campaign in Lagos
Rite Foods Limited has significantly expanded its World Water Day initiative, distributing chilled Bigi Premium Table Water to over 3,000 essential workers across Lagos. The campaign emphasized the 2026 theme 'Where Water Flows, Equality Grows' by providi
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Petrol Prices Unchanged Despite Dangote's N70 Cut
Filling stations in Lagos, including NNPC outlets, continue selling petrol at N1,310-N1,330 per litre despite Dangote Refinery's N70 price reduction. Marketers cite existing high-cost inventory as reason for delayed adjustment.
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