MTN Foundation Launches Phase 6 of Community Initiative
MTN Foundation begins Phase 6 of 'What Can We Do Together' to upgrade 40 PHCs and 15 school labs, inviting nominations for community-driven development.
Category : Business
Ellah Lakes Plc Commits to Scaling Production and Processing
Ellah Lakes Plc reaffirms commitment to scaling production and deepening processing capacity, with new palm kernel oil mill expected by Q4 2026.
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Tired of Blackouts? itel Energy Says 'Be an Energenz'
itel Energy launches 'Be An Energenz' campaign at Power and Water Exhibition 2026, showcasing solar solutions to combat blackouts and high energy costs in Nigeria.
Youth Ministry, NYSC, NADDC partner on CNG, EV skills
The Ministry of Youth Development, NYSC, NADDC, and Pi-CNG sign MoU to train Nigerian youths in CNG and electric vehicle skills for job creation and clean energy transition.
Giuliani Defends World Cup Ticket Prices Amid Trump Criticism
Andrew Giuliani dismisses Trump's complaints about high World Cup ticket prices, citing demand and dynamic pricing.
Zimbabwe Returns Farms Seized from White Farmers
Zimbabwe announces return of 67 foreign-owned farms seized under Mugabe, part of efforts to mend ties with Western creditors amid economic crisis.
AEDC Announces Two-Day Power Outage in Parts of Abuja
Abuja Electricity Distribution Company (AEDC) announces a planned two-day power outage in Lugbe, Airport Road, Gaduwa, and Apo from May 9 to 10, 2026, for infrastructure relocation.
Jetour Nigeria Wins Market Share Leadership Award 2025
Jetour Nigeria strengthens its position as sole authorized distributor, honored with global Market Share Leadership Award at 2026 Jetour Global Conference.
Bangladesh Declares 7-Day Eid Al Adha 2026 Holiday
Bangladesh declares a seven-day public holiday for Eid Al Adha 2026, from May 25 to May 31. Government offices open on May 23-24.
Nigerian Man Runs AC and Cooker on 8kWh Solar Inverter
A Nigerian man showcases his 8kWh solar inverter with lithium battery, powering an AC, electric cooker, and other appliances, listing costs and capabilities.
Afri Invoice Secures NRS Accreditation for e-Invoicing
Afri Invoice Nigeria Ltd has secured NRS accreditation as a system integrator for mandatory e-Invoicing, enhancing tax compliance and digital reporting for businesses across Nigeria.
Rano Air Suspends Maiduguri, Gombe Flights on Fuel Hike
Rano Air suspends flights to Maiduguri, Gombe and other northern routes due to over 300% surge in Jet A1 prices, affecting operations and passenger bookings.
FCMB Offers N5 Million Zero-Interest Loans to Female Entrepreneurs
FCMB launches 2026 SheVentures programme with zero-interest loans up to N5 million for women-owned businesses, plus advisory and capacity-building support.
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Abdulsamad Rabiu Hits $19B, Africa's 2nd Richest
Abdulsamad Rabiu overtakes Johann Rupert with $19 billion net worth. BUA Foods fuels his record $8.8 billion wealth surge, making him Africa's second-richest man.
Wema Bank Unveils 5for5 Season Five for Digital Growth
Wema Bank launches Season Five of its 5for5 Reward Scheme with over ₦170 million in rewards, targeting youth, women, and mass market segments to promote digital banking adoption.
DIWA Donates Electric Wheelchairs to Disabled in Niger
DIWA donated electric wheelchairs to persons with disabilities in Minna, Niger State, empowering them with mobility and independence.
Elon Musk Nears Trillionaire Status as Dangote, Rabiu Lead Africa
Elon Musk is on track to become the world's first trillionaire, while Aliko Dangote and Abdulsamad Rabiu continue to dominate Africa's wealth rankings, highlighting contrasting wealth models.
Kaduna Govt Signs N50bn Flood, Erosion Contracts
Kaduna State Government signs contracts worth over N50 billion for flood and gully erosion control projects under the ACReSAL initiative, targeting Rigasa, Kawo, and Zaria.
ACCI Forum Mobilises Non-Interest Funding for Women
The Abuja Chamber of Commerce and Industry held a forum on May 8, 2026, to mobilise non-interest funding for women-owned businesses, addressing financing gaps and promoting inclusive access to finance for female entrepreneurs in Nigeria.
Blord Explains Heavy Security, Declares $300M Net Worth
In a resurfaced interview, Nigerian crypto billionaire Blord explains why he moves with armed guards and declares his $300 million net worth, sparking mixed reactions online.
CILT Urges Formalisation of Maritime Trade for AfCFTA
CILT Calabar chairman urges Nigeria and Gulf of Guinea nations to formalise maritime trade to maximise AfCFTA benefits, citing revenue losses from informal activities.
Abdul Samad Rabiu Becomes Africa's Second Richest Man
Abdul Samad Rabiu, founder of BUA Group, surpasses Johann Rupert to become Africa's second wealthiest person with a net worth of $18.6 billion, according to Bloomberg.
FG Launches Mine-Tech UniPod for Mining Innovation
The Federal Government launched the Mine-Tech UniPod at Nasarawa State University to boost innovation, industrialisation, and transition from raw mineral exports to a tech-driven mining economy.
Wike Slams NBA Over Judicial Housing Projects Criticism
Minister Nyesom Wike dismisses NBA's criticism of judicial housing projects, insisting they do not undermine judicial independence and accusing the association of hypocrisy.
Rano Air Suspends Flights Due to Fuel Price Surge, Offers Refunds
Nigerian airline Rano Air temporarily suspends some routes as Jet A1 fuel prices rise over 300%, offering refunds or rescheduling to affected passengers.
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Visa Insights Show 20% Rise in Seasonal Spending in Nigeria
Visa reports a 20% year-on-year increase in premium card spending during Ramadan and Eid in Nigeria, driven by travel and retail.
Court upholds $100m award against CNPC in OPL 471 case
Federal High Court in Port Harcourt reaffirms $100 million damages against China National Petroleum Corporation in favour of Cutra International over OPL 471 dispute.
GIDI Unveils Tallest Commercial Building in Sangotedo
GIDI Company unveils GIDI Mall 2.0, the tallest commercial building in Sangotedo, Lagos, redefining business visibility and investment in the Ajah-Sangotedo corridor.
Naira to Gain, Cedi to Weaken: West Africa Currency Outlook
Economists predict Nigeria's naira will strengthen against the USD in May 2026, while Ghana's cedi faces pressure from corporate demand and tight FX supply.
NESREA Reaffirms EPR Implementation with Cooperative Model
NESREA reaffirms steps to implement Extended Producer Responsibility (EPR) through a cooperative-led model, integrating informal waste workers into formal systems for inclusive growth.
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