Foundation Launches 11 Farmers Hubs in Bauchi to Boost Agriculture
FSSS establishes 11 Farmers Hubs in Bauchi North to enhance agricultural productivity, tackle poverty, and promote climate-resilient farming with Heineken Africa Foundation support.
Category : Business
NGO Launches School Block, Digital Hub in Lagos Riverine Areas
The Destiny Trust inaugurates new classrooms and digital learning space in Ibeju-Lekki riverine communities, aiming to improve access to education for out-of-school children.
Opeifa: The Rail Reformer Driving Nigeria's Transport Renaissance
Dr. Kayode Opeifa, at 61, is transforming Nigeria's railway sector as NRC MD. His career spans academia, Lagos transport reforms, and national rail modernization.
LASG Recovers N450m for Consumers, Prosecutes Erring Firms
Lagos State recovers over N450 million for consumers through LASCOPA, prosecutes 48 non-compliant businesses, and intensifies market surveillance to protect residents from unfair trade practices.
Sterling assets cross N4tn as profit surges 89%
Sterling Financial Holdings reports record earnings, with profit before tax up 89.2% to N86.8bn in 2025, and total assets crossing N4 trillion in Q1 2026.
Nigeria's Stalled Oil Reserves and Illusion of Abundance
Nigeria's oil reserves have stalled, with only 59 years left, while gas may last 85 years. The country faces a critical need for diversification and investment.
FG to Implement Trust Scheme for Oil Communities
The Federal Government announced the Host Community Development Trust (HCDT) under PIA to foster development, peace, and stability in oil-producing communities. A stakeholders' workshop in Port Harcourt detailed the framework and digital portal.
Customs New Clearance System to Reduce Airport Delays
Nigeria Customs Service introduces a new clearance system to ease airport delays, enhance digital processing, and improve trade facilitation at airports.
CIBN Inaugurates New Governing Council Members in Lagos
Taiwo Joda of Accion Microfinance Bank inaugurated as CIBN governing council member, highlighting microfinance inclusion and systemic risk.
Ukoh, Akinwunmi to Co-Chair 2026 CMO Circle
Iquo Ukoh and Lolu Akinwunmi have been named co-chairs of the 2026 CMO Circle, a platform for marketing leaders to discuss growth and policy.
PalmPay Empowers 2,000+ Women in Kano, Kaduna
PalmPay's financial inclusion initiative empowers over 2,000 women in Kano and Kaduna through digital banking, POS terminals, and financial literacy workshops.
Bolt CEO: HR Team Created Problems That Didn't Exist
Bolt CEO Ryan Breslow defends firing the entire HR team, claiming they created problems that didn't exist. The fintech firm cut 30% of staff, replacing HR with a smaller people operations team.
Revolutionplus Clears Air on Orchid Project Delay
Revolutionplus Property Company addresses delays on Flourish Apartments and Terraces in Lekki, citing inflation and forex issues. MD Dr. Bamidele Onalaja assures completion within months.
Nigeria's Digital Exclusion: A National Emergency
Nigeria faces a digital exclusion crisis despite existing infrastructure. Systemic failures, cultural resistance, and lack of accountability perpetuate disconnection from opportunities.
Tatum Bank Board Seeks Lagos Partnership with Sanwo-Olu
Tatum Bank's board and management visited Lagos Governor Babajide Sanwo-Olu to forge a strategic partnership for economic growth and financial inclusion.
Faloye: Enforce Chapter II to Fight Poverty in Nigeria
Prince Justice Faloye calls for a national war on poverty by enforcing Chapter II of Nigeria's 1999 Constitution, criticizing past governments for neglecting its socio-economic directives.
Dangote Refinery IPO Targets Retail Investors, 10% US Capacity
Aliko Dangote announces the Dangote Petroleum Refinery IPO will focus on retail investors, with the facility representing 10% of US refining capacity and aiming for Africa's highest turnover.
FG Approves Five Deep Seaports to Reclaim 70% Cargo Traffic
The Federal Government has approved five deep seaport projects to reclaim over 70% of Nigerian-bound cargo traffic from African ports, enhancing trade capacity.
Nigerian Stock Market Declines, Industrial Sector Leads Losses
The Nigerian stock market fell for the second day, with the All-Share Index dropping below 250,000. Industrial, consumer goods, and banking sectors led the decline, while insurance gained.
Natasha Mourns Kwadeco, Hails Healthcare Legacy
Senator Natasha Akpoti-Uduaghan mourns Salihu Suleiman Okatahi (Kwadeco), praising his contributions to healthcare and community development in Ebiraland.
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Food inflation above 20% in 11 states ahead of Eid-el-Kabir
Food inflation has crossed 20% in 11 Nigerian states, with Enugu leading at 32.7%, worsening the cost of living crisis ahead of Eid-el-Kabir.
Petrol Prices Stable at N1,275/L Amid Global Oil Surge
Petrol gantry prices remain at N1,275/L in Nigeria despite global crude oil surpassing $108 per barrel, while diesel and aviation fuel show mixed movements.
Africa Digital Future Hinges on Stronger Tech Partnerships
Layer3 says Africa's digital transformation requires partnerships connecting global tech with local execution to scale sustainably and reduce infrastructure gaps.
SWDC Secures Rail Licence for South-West Regional Network
The Southwest Development Commission obtains a provisional rail licence from NRC to build a regional rail network connecting 44 cities across six states in Nigeria's South-West region.
Nigeria Unveils NetZero Plan for Climate Finance, Growth
Nigeria's Net Zero Investment Plan aims to drive climate finance and sustainable growth, aligning with Agenda 2050 and global climate goals.
Air Peace, Two Airlines Hike Fares Above N200,000 Amid Fuel Price
Air Peace, Ibom Air, and United Nigeria Airlines raise ticket prices above N200,000 on domestic routes due to soaring aviation fuel costs and operational expenses.
Lagos Targets $2.5bn Investment at Invest Summit 3.0
Lagos State aims to attract $2.5 billion in investments and over 600 delegates at the Invest Lagos 3.0 Summit, positioning the state as Africa's business gateway.
11 Farmers Hubs Set Up in Bauchi to Enhance Agriculture
FSSS, with Heineken Africa Foundation support, launches 11 Farmers Hubs in Bauchi North to enhance agricultural productivity, tackle poverty, and promote climate-resilient farming.
CBN Holds Interest Rate at 26.5% as Inflation Rises
The Central Bank of Nigeria keeps benchmark interest rate unchanged at 26.5% despite inflation climbing to 15.69% in April 2026.
NMDPRA Enforces Host Community Trust Compliance
NMDPRA declares mandatory compliance with HCDT framework under PIA, unveils digital portal to enhance transparency and accountability in host community trust administration.
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