Oyo State Government has concluded the final inspection of sites for the NEWMAP-EIB erosion control project, confirming readiness for construction phase implementation across three senatorial districts.
Dangote Industries Limited and China's GCL Group have formalised a $4.2 billion, 25-year natural gas supply agreement to power a major fertiliser production complex in Ethiopia, aiming to boost East Africa's agricultural self-sufficiency.
The U.S.-Israel-Iran conflict has crippled international air travel, causing a 100% surge in airfares and flight cancellations, disrupting over 45% of Nigerian travel and critical medicine supplies.
Whitecrust Investment has announced strategic executive appointments, promoting Ruth Olabode to Business Development Manager and appointing Ademola Ajibade as Chief Financial Officer to drive digital transformation and retail financial services expansion.
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FMDQ Exchange has approved the listing of N9 billion Medium-Term Notes by DLM SPV PLC, marking a milestone in Nigeria's corporate bond market with AAA ratings and premium pricing.
Minister Doris Uzoka-Anite emphasizes that 95% of Nigeria's economic growth must be driven by the private sector, with the government contributing 5%, to achieve a $1 trillion economy by 2030.
Nigerian banks, fintech firms, and creative businesses are expanding operations in the UK, creating hundreds of jobs and investing millions. This surge coincides with President Tinubu's state visit, highlighting strengthened economic ties under the UK-Nig
Nigerian startup TaxStreem unveils a digital platform automating tax calculations and filings for businesses, addressing challenges like fragmented records and complex regulations.
Minister Adegboyega Oyetola announces a £746 million financing agreement with the UK to modernize Apapa and Tin Can Island ports, aiming to enhance Nigeria's maritime trade efficiency.
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A suspected vandal of electricity facilities was electrocuted while attempting to steal cables from a substation in Enugu, with MainPower Electricity Distribution Limited warning of rising infrastructure attacks.
Temi Popoola, CEO of NGX Group, states Nigeria's capital market is undergoing a re-rating as global investors reassess its economic trajectory, driven by strong returns and policy clarity.
Former lawmaker Oghene Egoh calls on the Federal Government to retain the pipeline surveillance contract with indigenous firms, citing improved security and increased oil production.
Senior financial leaders gathered in London for the Africa Capital Forum, discussing Nigeria's economic reforms, capital mobilization, and banking sector transformation to unlock trillion-dollar potential.
Lagos State intensifies consumer protection efforts to combat unsafe products and digital commerce threats, emphasizing safety and transparency for its 23 million residents.
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Lagos State commissions Badagry West electrification project, connecting 51 transformer substations to address power deficits and boost economic activities in border communities.
Bilateral trade between the UK and Nigeria has reached a record £8.1 billion annually, with new investments from banks, fintech, and companies creating hundreds of jobs ahead of President Tinubu's state visit.
Nigerian businesses expanding into the UK are set to create hundreds of jobs and invest millions in financial services, fintech, and creative industries, boosting bilateral ties during President Tinubu's state visit.
Commercial banks across Nigeria will shut their branches on Thursday and Friday as the federal government declares public holidays for Eid al-Fitr celebrations. Customers are advised to use digital banking channels.
The Federal Government has approved electric buses for civil servants to promote cleaner transport and strengthen Nigeria's automotive sector, with charging infrastructure and a new development park in Anambra.
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Plated, a meal-kit startup, secured a $500,000 deal on Shark Tank with Kevin O'Leary, grew rapidly, and was acquired by Albertsons for $300 million in 2017. The subscription service ended in 2019, but Plated now thrives as an in-store culinary brand.
Nigerian banks deposited approximately N30.64 trillion with the Central Bank of Nigeria in five days, reflecting cautious lending practices amid economic uncertainties. Analysts anticipate improved liquidity as maturities and inflows enter the system.
A tragic aviation incident occurred as aircraft 9G-AD7 crashed in Tema, Ghana, resulting in the deaths of two individuals on board. Authorities have launched an investigation into the cause after the plane lost radio contact during its flight.
A Nigerian woman expressed joy as her husband installed a solar electricity system in their home, ending power outages. She shared the installation process on TikTok, sparking widespread reactions from netizens.
An eyewitness in Tema, Ghana, describes the pilot's desperate attempts to stabilize a light aircraft before it crashed, killing two people. The Ghana Civil Aviation Authority confirms the incident and launches an investigation.
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Nigerian energy marketers announce new petrol prices as escalating tensions in the Middle East push global crude prices above $100 per barrel, impacting households and businesses nationwide.
A Nigerian businesswoman's heartfelt video announcing the closure of her wholesale drinks business has sparked widespread reactions online, with many offering support and sharing similar entrepreneurial experiences.
Nigeria's capital market will transition to a T+1 settlement cycle starting May 29, 2026, aiming to boost efficiency, liquidity, and global competitiveness according to experts.
Two British tourists from London were critically injured after their hot air balloon crashed into power cables in Mexico's Teotihuacan Valley, causing burns and an electricity outage.
A Nigerian man captured fuel attendants allegedly cheating customers by not resetting the meter before dispensing ₦20,000 worth of fuel. The entire incident was recorded using Meta smart glasses.
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The federal government has launched an urgent investigation into reports of gas seepage in Bille community, Rivers state, after residents observed unusual bubbling in nearby water bodies. Regulatory agencies are conducting field assessments and laboratory
