Barrister Aminu Junaidu, Chairman of Nigeria's Investment and Securities Tribunal, has transformed the institution in under six months, aligning with President Tinubu's Renewed Hope Agenda through efficient case management and international recognition.
Liquefied petroleum gas (LPG) prices in Nigeria have surged sharply, with some retailers charging up to N1,500 per kilogram. The increase is driven by rising global crude oil prices and geopolitical tensions, adding strain to households amid high living c
Airtel Africa Foundation's 'Empower Her' initiative promotes gender inclusion and financial literacy for women in SMEs across Nigeria, reaching 2,000 participants in six locations with training and micro-grants.
Southfield Petroleum Limited has commenced construction of a 200-300 MMSCFD gas processing plant in Utorogu, Delta State, supporting Nigeria's 'Decade of Gas' initiative and boosting domestic energy supply.
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Nigeria faces a $9.55 million revenue gap as Benin, Togo, and Niger fail to fully pay for electricity exports in Q4 2025. NERC data shows only 53% remittance from international customers, worsening the country's power sector challenges.
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The International Monetary Fund warns that sustained conflict involving Iran could spike oil prices above $100, potentially pushing the world economy toward recession with severe impacts on growth and inflation.
Ghana's President Mahama and former AfDB head Adesina urge paradigm shift from dependency to investment-led prosperity, highlighting Africa's growth trajectory and calling for strategic resource management.
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The Nigerian Civil Aviation Authority has issued an Aerodrome Certification to Akanu Ibiam International Airport in Enugu, marking its first-ever international recognition. This milestone confirms compliance with global safety standards and supports econo
Ayorinde Ejioye, COO of Gidi Real Estate, has been admitted into the Forbes Business Council, recognized for his business leadership and public service impact.
Dr. Asu Kunemofa, Director of Finance at NDDC, receives recognition for strengthening financial governance and transparency, with tributes highlighting her two decades of public service impact.
Seplat Energy becomes first NGX-listed company to cross N10,000 share price mark, reaching N10,450. Nigerian stock market capitalization hits N132.49 trillion as investors gain N2.9 trillion.
Nigeria's gig economy has expanded to over $5.17 billion, contributing 2.8% to GDP, with ride-hailing emerging as a key driver of flexible income opportunities amid limited formal employment.
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Nigeria's naira appreciated significantly to N1,343.77 per dollar at the official market following a massive 260% increase in dollar liquidity. Foreign portfolio investments boosted demand while global oil price declines introduced uncertainty for future
President Bola Tinubu states outdated colonial-era tax laws contributed to economic hardship and poverty in Nigeria. He commissions new NRS headquarters and introduces reforms for inclusive growth.
The price of a 50kg bag of rice is falling across Nigeria due to cheaper imports, forcing local farmers to reduce production. Over 60 rice mills have closed as the industry struggles with high costs and smuggling, raising food security concerns.
Lucia Ikediashi, a prominent creative arts and tourism expert, will headline the Seven Wonders of Nigeria Zoom Conference 3.0, focusing on transforming cultural festivals into tourism drivers.
Aare Afe Babalola, founder of ABUAD, has appealed to the Federal Government to expedite the Ado-Ijan road project, citing severe hardships and economic losses for the community.
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African oil producers and refiners have agreed to deepen cooperation on infrastructure, regulation, and market integration, with a focus on harmonizing fuel standards and boosting energy security across the continent.
Industry experts warn that soaring global LPG prices and Middle East supply disruptions are jeopardizing Nigeria's clean cooking expansion, with affordability challenges blocking access for vulnerable households.
Nigeria's oil sector faces critical inefficiencies in crude evacuation, hindering production and revenue. The Amukpe-Escravos Pipeline offers some relief but fails to address deeper structural issues like security risks and underinvestment.
Sifax Group Chairman Dr Taiwo Afolabi praises the new Gateway International Airport in Ogun State, highlighting its potential to boost economic growth, attract investment, and enhance the state's industrial standing.
Nigeria's monthly revenue has soared from N711 billion to over N3.6 trillion under President Tinubu's reforms, according to the NRS boss, while Peter Obi criticizes rising debt as a disaster risk.
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NMDPRA CEO Saidu Mohammed cautions African policymakers against rigid fuel specification harmonisation, advocating a phased approach to reflect diverse regulatory and infrastructure realities across the continent.
Nigeria leads efforts to create an integrated African gas market, hosting a ministerial roundtable with West African nations and the World Bank to enhance cross-border infrastructure and coordination, aiming to leverage vast gas reserves for regional ener
The $700 million Cabotage Vessel Financing Fund faces threats from structural constraints and foreign firm dominance, risking increased debts for local shipowners without sectoral growth, experts warn.
The IMF has revised Nigeria's 2026 GDP growth projection to 4.1%, down from earlier estimates, citing global energy market disruptions from the Middle East conflict. The Fund warns of rising inflation and financial pressures.
Rensource Energy has restructured with a new board and executive team, shifting to a multi-technology renewable energy platform and expanding across Africa under a 'Proven in Nigeria, Ready for Africa' strategy.
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CycleFlow, powered by C2FO and backed by IFC, has launched a supply chain finance platform in Nigeria to provide affordable working capital to MSMEs, aiming to facilitate up to $30 billion in annual financing and create over 480,000 jobs.
