Dangote Refinery has increased cooking gas prices for the second time in 48 hours, pushing retail prices toward N1,000 per kilogram. Marketers cite logistics costs and global oil prices as key factors driving the increase.
A severe electricity crisis grips Nigeria, with households in multiple states reporting barely one hour of power daily. The blackouts, worsened by a heatwave, force reliance on generators and solar systems, causing business closures and food spoilage.
A Colombian military transport aircraft carrying 128 people crashed shortly after takeoff near Puerto Leguizamo, killing at least 66 personnel and injuring dozens. Emergency responders and residents mounted rescue efforts despite limited medical facilitie
Nigeria's downstream oil market signals potential petrol price reductions as private depots sell below Dangote's benchmark rates, driven by falling global crude oil prices and easing geopolitical tensions.
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The Nigerian naira experienced its sharpest single-day depreciation in months, closing at N1,388.38 against the dollar. External reserves fell for the sixth consecutive session amid geopolitical tensions affecting global financial flows.
Air Peace airline has announced its readiness to engage with the Lagos State government to address any tax computation discrepancies, while absolving its executives of alleged tax evasion.
The National Institute of Marketing of Nigeria held its inaugural 'Leadhers in Marketing' Conference, emphasizing the need to boost women's impact in integrated marketing communications through mentorship and technology.
The Niger Delta Chambers of Commerce chairman calls on governors to support reforms and unity to unlock the region's potential ahead of the 2026 economic summit.
The Ijaw Youth Council urges President Tinubu to include Niger Delta ports in national development, citing fairness and economic growth. They highlight ports like Burutu and Warri for strategic trade advantages.
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Nigeria's Bank of Industry and EIB Global sign €135 million agreements to support healthcare manufacturing and agricultural value chains, aiming to enhance local production and sustainability.
The Nigerian Exchange Limited (NGX) started the week with a significant downturn, as investors' wealth declined by N1.376 trillion amid losses in key stocks like MTN Nigeria and GTCO.
An Air Canada plane collided with a fire truck at LaGuardia Airport, killing two pilots and injuring dozens. Separately, a Colombian Air Force crash kills many soldiers, sparking political debate.
Legend Internet Plc plans to merge with Spectranet, Nigeria's largest ISP, pending regulatory approvals. The deal aims to enhance network capacity and expand coverage, potentially reshaping the competitive landscape amid rising costs and mobile operator p
Ikeja Electric attributes reduced electricity supply to a nationwide decline in power generation due to limited gas supply to thermal plants, affecting grid allocations.
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Crude oil prices fell over 14% due to eased Middle East tensions, but Nigerians grapple with petrol at N1,261-N1,400 per litre and diesel nearing N1,800, driving inflation and business strain.
The Securities and Exchange Commission has issued a six-week ultimatum to market operators to submit recapitalization or license downgrade plans under new stricter capital requirements.
An economist criticizes the Nigeria-UK port agreement, claiming it will leave Nigeria indebted and benefit British industries, while a senator praises Tinubu's diplomatic efforts.
President Bola Tinubu congratulates Tony Elumelu on his 63rd birthday, praising his role as an African business icon and philanthropist through the Tony Elumelu Foundation.
The Tony Elumelu Foundation has disbursed over $100 million in seed capital to more than 24,000 entrepreneurs across Africa since 2010, with 80% successfully scaling beyond early stages.
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FairMoney Microfinance Bank has appointed Gbenga Shobo as Chairman and Debo Aderoju as Executive Director to strengthen governance and support expansion in Nigeria's digital finance sector.
The Federal Government has inaugurated the PenCom board, charging members to uphold corporate governance and safeguard over N28 trillion in pension assets under the Contributory Pension Scheme.
Lovonus Microfinance Bank appoints Usman Onoja as chairman, succeeding Alfred Okoigun, who transitions to lead the Lovonus Group after a decade of transformative leadership.
Business leaders at an International Women's Day forum in Lagos call for special interventions to overcome barriers facing women entrepreneurs, citing access to finance and policy constraints as critical issues.
Oil prices dropped sharply and stock markets rebounded after U.S. President Donald Trump announced talks with Iran to halt the Middle East conflict, easing fears of prolonged war and energy crisis.
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Over 2,000 delegates will gather in Kaduna for the Nigeria Public Relations Week to analyze how strategic communication can enhance food security from policy to practice.
Debo Adewolu of Embraer highlights that Nigeria's aviation growth is hampered by poor transit facilities and lack of maintenance infrastructure, forcing airlines to ferry aircraft abroad for repairs.
Analysis argues that unbundling the Transmission Company of Nigeria under state control perpetuates inefficiency, calls for full privatisation and renewable energy adoption to boost the economy.
HumanManager, an HR and payroll technology company, highlights the growing importance of structured workforce systems in today's evolving business climate, emphasizing AI integration and compliance in dynamic markets.
The Lagos TUC demands Global Plus Publishing recall 75 sacked workers, citing breach of mediation with the Federal Ministry of Labour and Employment.
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A new book explores Dr. Rabiu Olowo's leadership at the Financial Reporting Council of Nigeria, emphasizing his efforts to enhance transparency, institutional reform, and public sector financial discipline through strategic regulatory governance.
