The Federal Government plans to end its solo funding of electricity subsidies, introducing a cost-sharing framework with state and local governments starting in 2026 to enhance transparency and sector stability.
Development Bank of Nigeria launches 2026 Entrepreneurship Training Programme offering ₦8.5 million in grants and free business training for Anambra MSMEs. Applications now open.
Latest NBS data shows significant drop in cooking gas prices across Nigeria in December 2025, with Katsina emerging as the cheapest state for both 5kg and 12.5kg cylinders.
Staple food prices including rice, beans, and garri have decreased significantly across Nigeria, providing much-needed relief to households after months of inflationary pressure.
The Nigerian Ports Authority participates in Investopia Global Lagos forum, highlighting infrastructure development and sustainable port operations to strengthen Nigeria-UAE economic relations.
The Transmission Company of Nigeria has scheduled a four-day preventive maintenance exercise at the Ife/Ondo Transmission Substation, causing temporary power outages in parts of Ondo State from February 2-5, 2026.
A heavily intoxicated passenger caused chaos on an AirAsia flight from Vietnam to Thailand by stripping to his underwear and attempting to jump from the aircraft before being apprehended.
Nigerian juice brand 5alive introduces bold new Mango and Cocopine flavors as part of a portfolio refresh aimed at connecting with the country's most expressive generation through vibrant taste experiences.
The Nigerian Meteorological Agency forecasts thunderstorms and rainfall across central and southern regions from Tuesday to Thursday, advising residents to take precautions.
First Abu Dhabi Bank reveals plans to establish a representative office in Lagos, marking its entry into sub-Saharan Africa with focus on Nigeria's infrastructure and energy sectors.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority alerts the public about fraudulent job offers circulating in its name, emphasizing no current recruitment exercise.
The World Bank has announced a major job vacancy for qualified Nigerians as Regional Industry Director for Infrastructure and Natural Resources in Africa. The position requires advanced qualifications and extensive experience.
A Nigerian wildlife expert dismisses claims that traditional plants like Bitter Kola can repel snakes, explaining they're attracted by rodents and poor sanitation instead.
Canal+ Africa CEO David Mignot confirms no immediate DStv price increases post-takeover, promises expanded content library and reviews Showmax's future amid streaming competition.
Dangote Industries Limited has signed expanded gas supply agreements with NNPC to power its refinery, cement, and fertiliser plants, supporting cleaner energy and production growth.
Dominion Paul Ladi's LadX leverages everyday travelers to create affordable cross-border shipping across Africa, addressing high costs and inefficiencies in traditional logistics.
As Nigeria's banking sector approaches the March 31, 2026 recapitalization deadline, top performers like Access Bank and Zenith Bank exceed requirements while others face potential mergers or downgrades.
The Nigeria Tax Act 2025 introduces stricter compliance deadlines and penalties up to 40% for Stamp Duty, PAYE, VAT and Withholding Tax. Learn the key changes affecting businesses and individuals.
The Federal Government has disbursed N2.45 trillion from non-oil revenue savings to states and FCT between March 2024 and August 2025 to support infrastructure and security projects nationwide.
Apple's fiscal first quarter 2026 results show unprecedented iPhone revenue growth of 23%, reaching $85.3 billion. The tech giant's total revenue hit $143.8 billion, driven by strong demand for iPhone 17 models and expanding services ecosystem.
Fatgbems Group has commissioned a state-of-the-art mega station in Opic, Ogun State, marking a significant expansion in Nigeria's energy retail sector with job creation and community development.
Independent petroleum marketers and private depots are selling petrol below Dangote Refinery's N799 ex-gantry price and NNPC's increased rates, offering competitive alternatives to consumers.
Lagos State accounted for 52% of Nigeria's non-import VAT in 2025, with South-West geopolitical zone leading regional contributions. New tax reforms may redistribute revenues.
FAAN explains the power outage at Lagos airport's Terminal 1 was due to a fault in the changeover circuit, apologising to travellers and highlighting infrastructure challenges ahead of planned rehabilitation.
Nigeria has signed a memorandum of understanding with South Korea to establish an electric vehicle manufacturing plant and charging infrastructure, aiming to create 10,000 jobs and support technology transfer.
NNPC Limited has increased petrol pump prices nationwide just days after the last adjustment, now selling at rates N53 higher than Dangote Refinery partners. Marketers warn prices could reach N1,000 per litre.
Nigeria's external reserves increased by $66 million to $46.11 billion in January 2026, boosted by higher oil prices and foreign inflows, while the naira strengthened to near two-year highs.
Federal Government issues urgent warning to Nigerians about tax return filing obligations. Taiwo Oyedele reveals alarmingly low compliance rates with deadlines approaching.
The Sunday Times Tax List 2026 reveals the UK's biggest taxpayers, including celebrities and entrepreneurs. Betfred founders top the rankings with £400.1m tax payment.
The Nigerian Exchange ended the week with mixed performance as investors traded 3.087 billion shares worth N81.505 billion. Financial Services led sector activity while market capitalization appreciated by 0.18%.