EEDC Gives 25% Discount on Unpaid Electricity Bills
Enugu Electricity Distribution Company launches a debt relief scheme, offering up to 25% discount on arrears incurred before Dec 2022. Learn how to qualify and settle your bills.
Category : Business
Dangote Petrol N44 Cheaper Than Imported Fuel
Dangote Refinery sells petrol N44 per litre cheaper than imports, forcing a price war. Learn how this impacts Nigerian consumers and the market's future.
OPay Privacy: How to Hide Transactions
Learn how to hide OPay transactions for privacy and understand why permanent deletion is not possible due to Nigerian financial regulations. A step-by-step guide.
New 2026 Bank Charges: VAT, Stamp Duty Explained
Starting 2026, Nigerians face new costs: a 7.5% VAT on mobile/USSD fees and a ₦50 stamp duty on transfers above ₦10,000. Learn all the details and how to plan for higher digital banking expenses.
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Dulux Paints Launches New Look in Nigeria
Dulux Paints has unveiled new premium packaging for its products, reinforcing over six decades of commitment to quality and sustainability for Nigerian consumers. Experience the new look nationwide.
Dulux Paints Launches New Look, Reinforces 60-Year Legacy
Dulux Paints reveals a modern new packaging design for its product range, reinforcing over six decades of commitment to quality, durability, and eco-friendly solutions for Nigerian consumers.
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Nautica Beach Resort: N25bn Lagos Waterfront Project
Cruxstone Group unveils plans for Nautica Beach Resort, a N25 billion unique leisure and recreational destination rising from the Lagos waters. Discover the iconic project set to transform the city's coastline.
Abuja's Premier Golf Estate Opens on Airport Road
Mshel Hutu Exclusive, Abuja's first golf estate, offers resort-inspired living with premium lands and apartments. Secure your property in this elite community today!
Paystack Acquires Ladder MFB for Banking Licence
Paystack expands beyond payments by acquiring Ladder Microfinance Bank, securing a banking licence to offer deposits and loans. This strategic shift follows regulatory scrutiny and intensifies competition in Nigeria's fintech sector.
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Paystack Launches Microfinance Bank in Nigeria
Nigerian fintech giant Paystack marks its 10th anniversary by launching Paystack Microfinance Bank, expanding from payments into full banking services. Read more.
New 7.5% VAT on Mobile, USSD Bank Transfers in Nigeria
Nigerians will pay a 7.5% VAT on mobile transfers and USSD banking from January 2026. Fintech firm Moniepoint clarifies it's a government directive, not a price hike. Consumer groups warn of financial strain.
Pension Index Gains 59.72%, Outperforms Broader Market
Nigeria's NGX Pension Index surged 59.72% in 2025, outperforming the All-Share Index. Discover how pension-compliant stocks are driving market growth and what it means for your retirement savings.
Dangote Refinery Hits 50M Litres Daily, Plans Major Expansion
Dangote Refinery's CEO assures Nigerians of stable petrol prices, reveals a 1.4 million barrel per day expansion plan for 2026, and details how 24-hour operations are ending fuel scarcity.
NECA Begins 2027 Minimum Wage Preparations
NECA Director-General Adewale-Smatt Oyerinde reveals employers have started preparing for the 2027 minimum wage negotiations. He also discusses tax reforms, business survival, and the alcohol sachet ban. Read the full interview.
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Six-Month Blackout Hits Calabar Communities
Residents of Ikpai Ohom and Big Qua Town in Calabar face severe hardship after six months without power due to a failed transformer. They call on Governor Bassey Otu for urgent help.
Onne Ports Gridlock: Risks and Proposed Solutions
Chronic traffic gridlock at Onne Ports cripples businesses and endangers lives. Explore the severe risks and six critical solutions needed from government and stakeholders to resolve the crisis.
Renewable Energy Jobs Growth Slows, Report Warns
A new ILO & IRENA report reveals renewable energy job growth is slowing despite a deployment boom. It calls for urgent government action on supply chains and an inclusive workforce for a just transition. Read the full analysis.
NGX Rises 0.6%: Seplat Leads 47 Gainers in Bullish Session
The Nigerian Exchange Limited closed positive on January 15, 2026, with the ASI rising 0.6% to 166,771.95 points. Market capitalisation gained N599bn, driven by Seplat Energy and 46 other advancing stocks. Read the full market analysis.
Accountability Crucial for Nigeria's 2026 Economic Growth - ICAN
Stakeholders at ICAN's 2026 Economic Outlook stress that fiscal discipline and transparency are vital to build public trust and sustain Nigeria's fragile economic progress. Read more.
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Port Disruptions Cost Nigeria N5bn Daily - Report
A new report reveals street protests and unregulated port charges cost Nigeria up to N5bn daily, fueling inflation. SEREC urges urgent policy reforms to save the economy. Read the full analysis.
AU Pushes for U.S. Senate Approval of AGOA Extension
The African Union calls for U.S. Senate approval of a three-year AGOA extension. Meanwhile, new 25% tariffs threaten Nigeria, South Africa, and others trading with Iran. Read the full analysis.
NGX Lists 3.16 Billion New UBA Shares
The Nigerian Exchange has listed 3.16 billion new UBA shares from a rights issue, raising N158bn and pushing the bank's total capital above the CBN's N500bn requirement. Read more.
World Bank: Revamp Public Works for Skills, Not Just Jobs
The World Bank urges governments to transform public works programmes from short-term jobs to skills-building initiatives in care, digital, and green sectors for lasting employment.
ILO: 186m Jobless by 2026, AI Poses Major Risk
The ILO warns global unemployment will stagnate in 2026, with 186 million jobless. AI and trade uncertainty threaten youth jobs, while informality rises. Read the full report.
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Nigeria's Oil Production Falls as FG Sets Strict Bid Terms
Nigeria's crude oil production fell in December 2025, lagging behind OPEC peers. The FG announces strict terms for the 2025 bid round, ending licence speculation. Read the full analysis.
Agro-firm Lists N1.09bn Shares on NGX
Zichis Agro-allied Industries Plc lists N1.09 billion shares on the Nigerian Exchange. The move marks its transition to a public company, with a commitment to strong governance and investor value.
7.5% VAT on Mobile, USSD Bank Transfers Starts Jan 19
Nigerians will pay 7.5% VAT on mobile transfers & USSD fees from January 19, 2026. NATCOMS calls it 'double taxation' and threatens legal action. Read the full details.
Nwokafor Urges Entrepreneurs to Focus on Grants in 2026
Ezinne Nwokafor urges Nigerian entrepreneurs to target grant funding in 2026, highlighting billions in untapped capital for climate, tech, and women-led ventures. Don't miss out!
BPO Demand Rises as Firms Seek Delivery Capacity
Tranter IT reports a surge in BPO demand in Nigeria, driven by firms in finance, government, and manufacturing seeking partners with proven delivery track records, not just theoretical capability.
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Dangote Aims for 90M Tonnes Cement, Gifts N15B
Aliko Dangote announces Vision 2030 to grow Dangote Group into a $100bn enterprise. Plans include boosting cement output to 90m tonnes and refinery expansion. Read more.
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