Nigeria Scores 91% in ICAO Safety Audit, Highest Since 1960
Nigeria has achieved a historic 91% score in the ICAO safety audit, a significant improvement from 73% in 2023, as announced by Minister Festus Keyamo in Abuja.
Category : Business
What $100 Can Buy in Nigeria: 2026 Breakdown
Discover how far $100 goes in Nigeria in 2026, covering exchange rates, purchasing power across cities, and practical strategies to maximize your money in today's economy.
Smart Asset Allocation Safeguards Your Wealth
Learn how strategic asset allocation can protect your investments from inflation, currency volatility, and liquidity risks in Nigeria's dynamic economy, with insights from financial experts.
Nana Otedola: Wife of Billionaire Femi Otedola's Own Success
Nana Otedola, wife of Nigerian billionaire Femi Otedola, built her own business empire with Garment Care while raising four children. Learn about her life, career, and family beyond her husband's wealth.
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5 Smart Saving Strategies for Nigerians Without Steady Income
Discover practical financial tips for Nigerians with irregular income to manage money, cut expenses, and build savings despite rising living costs and economic challenges.
Tinubu Pledges Deeper UK-Nigeria Ties at BA 90th Anniversary
President Bola Tinubu reaffirmed Nigeria's commitment to strengthening economic and diplomatic ties with the United Kingdom as British Airways celebrated 90 years of continuous operations in Nigeria.
Adelabu Resigns as Power Minister, Suggests Energy Reforms
Minister of Power Adebayo Adelabu has resigned, effective April 30, 2026, to pursue his governorship ambition in Oyo State. He proposed creating a Coordinating Minister for Energy to enhance sector integration and reforms.
Condom Prices May Rise 30% Due to Iran War Supply Disruption
Karex, the world's largest condom manufacturer, warns of potential 30% price increases as the Iran war disrupts oil and petrochemical shipments through the Strait of Hormuz, affecting production costs.
Delta Residents Protest 20-Year Power Blackout at Govt House
Hundreds of Ndokwa Nation residents barricaded Delta State Government House, demanding an end to over two decades of electricity blackout in their oil-rich communities.
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Businesswoman Installs Solar Power at Plaza, Shows Receipt
A Nigerian agbo seller and businesswoman has installed a solar inverter and panels at her commercial plaza, sharing the purchase receipt online and sparking widespread reactions.
Court Dismisses UBA Suit, Says Banks Answerable to FCCPC
A Federal High Court in Abuja has dismissed a suit by United Bank for Africa (UBA) challenging the FCCPC's jurisdiction, affirming its authority to investigate consumer complaints against banks and imposing a N2 million fine on UBA.
Edun's Economic Scorecard: Mixed Results After Removal
Former Finance Minister Wale Edun's economic record reveals a mixed legacy, with inflation and GDP growth improving but debt and fuel prices surging during his tenure from 2023 to 2026.
Illicit Spirits Trade Costs Nigeria N428bn Yearly
The Spirits and Wines Association of Nigeria reveals illicit trade causes N428 billion in lost government revenue, undermines legitimate businesses, and poses public health risks.
FG Urged to Empower NESREA for Environmental Law Enforcement
Environmental experts call on the Federal Government to grant NESREA authority to arrest and prosecute companies violating environmental laws, emphasizing the need for stricter enforcement to protect public health.
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Tinubu Blames Past Privatization for Nigeria's Power Woes
President Bola Tinubu attributes Nigeria's electricity problems to poorly executed privatization by previous administrations, while his government faces criticism over ongoing power shortages.
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QShelter's 2004 M00VE Experience Promotes Fitness and Housing
QShelter Limited partnered with The Fitness Religion Company to host the first '2004 M00VE Experience' fitness event at the 2004 Estate in Lagos, featuring marathons, aerobics, and sports activities to promote wellness and showcase sustainable housing sol
Nigerian Woman's N4 Million Solar Investment Sparks Debate
A Nigerian woman's TikTok video revealing she spent N4 million on a 5kVA solar inverter with lithium batteries has ignited widespread discussion about solar system costs and value in Nigeria's challenging power environment.
Reps Investigate Sharp Drop in Farm Produce Prices Nationwide
The House of Representatives has initiated an investigation into the persistent decline in agricultural commodity prices, citing severe impacts on farmers' livelihoods and national food security. Lawmakers have called for urgent government intervention.
Nigeria Banks Face New Fraud Trend: Fewer Attacks, Bigger Losses
Fraud cases in Nigeria's banking sector have declined by 4%, but financial losses per incident have surged dramatically, with internet banking recording the highest losses despite fewer cases, highlighting evolving cyber threats.
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Group Commends NMDPRA for Aviation Fuel Market Clarity
An energy advocacy group has commended the Nigerian Midstream and Downstream Petroleum Regulatory Authority for actions that stabilized the aviation fuel market, providing clarity on supply and pricing to prevent flight disruptions.
Oil Prices Rise Despite US-Iran Ceasefire Extension
Oil prices increased on Wednesday as markets reacted to Middle East uncertainty despite a ceasefire extension. Brent crude neared $100 per barrel amid supply concerns.
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Kenyan Youths Protest Fuel Price Surge and High Cost of Living
Youth-led demonstrations erupt across Kenya as record-high fuel prices drive up transport and food costs, with protesters blaming government policies and economic mismanagement for the crisis.
FG Launches CNG Vehicle Conversion Financing Scheme
The Federal Government has unveiled a financing initiative to help Nigerians convert vehicles to Compressed Natural Gas (CNG), offering low-interest loans and installment plans to make the transition more affordable.
Nigeria's Lakes: Locations, Facts, and Importance Guide
Discover over 100 lakes across Nigeria, including major ones like Oguta, Iyake, and Lake Chad. Learn their locations, unique features, economic roles, and environmental significance for water security and tourism.
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Anambra Partners Flutterwave to Boost Digital Payments, E-commerce
Anambra State Government has entered a strategic partnership with fintech giant Flutterwave to enhance digital payments, scale e-commerce activities, and expand market access for local businesses across the state.
NMDPRA Praised for Stabilizing Aviation Fuel Market in Nigeria
Energy stakeholders commend NMDPRA for enhancing transparency and stability in Nigeria's aviation fuel sector, with CEMIS highlighting the regulator's role in preventing market disruptions through clear communication and data-driven disclosures.
Zenith Bank Hits ₦5 Trillion Market Cap, Sets Banking Record
Zenith Bank Plc has become the first Nigerian bank to achieve a market capitalisation of over ₦5 trillion, marking a historic milestone in the country's financial industry. This achievement reflects strong investor confidence, robust profitability, and ef
Nigeria car tariff cut to 40% but prices may not fall
Nigeria slashes car import tariffs to 40%, but experts say currency volatility and extra charges may keep prices high, frustrating consumers.
RMRDC Launches Database for Mining and Raw Materials
The Raw Materials Research and Development Council launches a second-generation national database to transform mining, enhance traceability, and support local processing policies.
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Nigeria Secures N60bn Credit Facility from Arab Bank
BADEA signs N60 billion credit facility with DBN to improve MSME financing, targeting women- and youth-led businesses to bridge Nigeria's N13 trillion funding gap.
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