FCMB Group Plc has successfully raised over ₦400 billion through public offers and other transactions, meeting the ₦500 billion capital requirement to retain its international banking licence in Nigeria.
International Energy Agency members agree to largest-ever emergency oil stock release of 400 million barrels to combat supply disruptions from Middle East tensions and stabilize volatile global markets.
The Federal Government is tracking escalating Middle East conflicts involving the US, Israel, and Iran to protect Nigeria's economic stability, citing risks to oil prices and capital flows.
President Tinubu has directed the immediate rollout of 100,000 CNG conversion kits across Nigeria to provide cheaper fuel alternatives amid rising petrol costs, with prices hitting up to ₦1,380 per litre in major cities.
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The Nigerian Electricity Regulatory Commission has issued a directive requiring private transmission substation operators to register and obtain permits within 45 days to enhance grid stability and oversight.
Petrol prices in Enugu have surged to N1,500 per litre, forcing transport operators to raise fares. Many residents now trek between bus stops to cut costs, with further price hikes projected.
A British couple, aged 66 and 64, drowned at Shellharbour Beach in New South Wales while visiting relatives. Off-duty nurses attempted CPR, but both were declared dead. The incident highlights Australia's summer drowning toll.
SUNU Assurances Nigeria Plc plans to raise N9.3 billion through a Rights Issue to strengthen its capital base and comply with new N15 billion minimum capital requirements for non-life insurers under Nigeria's Insurance Industry Reform Act.
Governor Dapo Abiodun of Ogun State has introduced a youth empowerment blueprint offering grants up to N10 million, digital skills training, and agricultural support to tackle unemployment and foster innovation.
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PE Energy Limited and Siemens AG are advancing efforts to modernize Nigeria's electricity infrastructure, deploying AI-driven grid technology and local engineering to tackle grid instability and metering issues.
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Maltina celebrates 50 years in Nigeria with a nationwide Nourishment Tour targeting one million students, featuring science experiments and nutrition education in partnership with STEM Africa Fest and ambassador Kiekie.
President Bola Tinubu asserts Nigeria's economy is recovering from early challenges, with state governors no longer needing bank loans to pay workers' salaries, citing reforms and improved financial stability.
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Reality TV star Mercy Eke collaborates with OPPO to spotlight the new Reno15 Series smartphone, blending style and technology for content creators in Nigeria.
President Bola Tinubu has approved fiscal incentives to enable the Final Investment Decision on the Bonga Southwest deepwater oil project, which could attract $20 billion in foreign direct investment.
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The OCHF Foundation launches a quarterly grant program offering N500,000 each to 10 Nigerian entrepreneurs to overcome capital barriers and scale their businesses effectively.
Oil marketers warn that petrol prices in Nigeria could have soared to N1,500 per litre without local refining capacity from Dangote Refinery, citing global oil volatility and exchange rate pressures.
Nigeria's non-oil exports soared to N12.36 trillion in 2025, up from N9.09 trillion in 2024, driven by growth in agriculture, manufacturing, and solid minerals, according to the National Bureau of Statistics.
President Bola Tinubu has directed the immediate nationwide deployment of approximately 100,000 compressed natural gas conversion kits to alleviate transportation costs amid rising fuel prices, driven by Middle East conflict.
Nigeria's Federal Government has suspended petrol import licenses for major marketers, strengthening Dangote Refinery's position as it now supplies 64% of national demand and plans a $750 million expansion.
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Forbes 2026 Africa Billionaires List reveals Femi Otedola as the continent's poorest billionaire with $1.3 billion net worth, sparking humorous reactions online about his daughter DJ Cuppy selling her car.
A Nigerian tax expert highlights how comprehensive tax reforms can reduce oil dependence, attract investment, and foster inclusive growth through fair and transparent systems.
Aviation fuel prices in Nigeria have surged to N1,600 per litre due to Middle East tensions, potentially pushing domestic flight tickets from N150,000 to N200,000 as fuel costs now account for up to 45% of airline expenses.
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From Adaora Umeoji to Miriam Olusanya, discover Nigeria's highest-paid female CEOs who are breaking barriers and leading billion-naira companies in banking, energy, and finance sectors.
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Tatum Bank has successfully met the Central Bank of Nigeria's capitalization milestone, strengthening its financial foundation and positioning for enhanced service delivery and sustainable growth in Nigeria's banking sector.
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A Nigerian woman calls for public attention on national issues like fuel scarcity, highlighting its broad impact on transport, food prices, and services, urging citizens to speak up on policies.
A Nigerian lady shared a note from a food vendor in Ughelli, Delta, who included raw rice with her order, sparking widespread praise online for the vendor's thoughtfulness.
The International Air Transport Association reveals Africa had the world's highest aviation accident rate in 2025 despite fewer incidents, citing runway safety and investigation delays as critical concerns.
A Nigerian employer shares her shock after a new employee requested a N1.7 million salary advance, equivalent to 17 months of pay, sparking intense social media debate about workplace boundaries.
The Central Bank of Nigeria has issued new regulations requiring banks and financial institutions to deploy automated anti-money laundering systems within 18-24 months to combat financial crimes.
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New NMDPRA data reveals Nigeria's average daily petrol consumption declined to 56.9 million litres in February 2026, down from 60.2 million litres in January, with domestic supply dropping sharply to 39.6 million litres daily.
