Governor Umo Eno has received the feasibility report for the Ibom Deep Seaport, reaffirming his administration's commitment to moving the project toward implementation. The report outlines a PPP framework and plans for a regional transhipment hub.
MTN Group has granted performance shares worth approximately N463.7 million to its Nigeria CEO Karl Toriola as part of a broader equity incentive plan for senior executives. The shares will vest over three years and are tied to specific performance target
A Nigerian man recounts his experience applying for jobs at CBN and NNPC, highlighting how a friend with a first-class degree was selected on merit, sparking reactions on social media.
A Nigerian remote worker is saving for a 2.5 KVA solar inverter with lithium batteries to avoid generator noise and fuel stress, sharing his progress on social media as he approaches the 50% payment needed for installation.
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The Central Bank of Nigeria has dismissed false social media claims about Polaris Bank's liquidation, labeling them as misinformation and reaffirming the stability of Nigeria's banking sector.
A Lagos-based e-hailing driver shares a detailed cost breakdown showing how advertised earnings of N60,000-N100,000 daily often shrink to just N3,000-N5,000 profit after fuel, commissions, and personal expenses.
Iran has issued guidance for vessels to use alternative routes in the Strait of Hormuz due to sea mine risks, following a temporary reopening as part of a ceasefire with the US.
Iran faces severe economic hardship with inflation surging past 50%, sharp price increases for essentials, widespread job losses, and a collapsing currency following recent conflict and sanctions.
President Bola Tinubu has inaugurated the newly completed Ojota-Opebi Link Bridge in Lagos, describing it as a catalyst for economic growth. The 5.04km project, conceived during his governorship, was unveiled alongside the LAGIS Building and BATAC adminis
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A young Nigerian businesswoman has gone viral after revealing her 2.5 million Naira investment in a 7kVA solar inverter and tubular batteries to combat constant blackouts affecting her cake and pastries business.
Nigeria's electricity supply remains critically low at 3,000-4,000MW, weeks after Power Minister Adebayo Adelabu promised improvements. Gas shortages, payment disputes, and infrastructure limitations continue to plague the sector despite government assura
The Association of Licensed Set Top Box Manufacturers of Nigeria accuses the National Broadcasting Commission of undermining due process and stalling the digital switch-over project, warning of legal consequences.
Nigerians, especially tricycle riders, are lamenting the enforcement of multiple road taxes across states, contradicting the Federal Government's ban. Operators detail high costs, extortion, and systemic issues that drain earnings.
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Residents in seven northern Nigerian states will face scheduled power outages from April 9 to May 22, 2026, as authorities upgrade transmission infrastructure to improve grid reliability and efficiency.
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A Ugandan lady, Simpo Gladys, has commended the staff at Murtala Mohammed International Airport for their professional conduct during her recent visit, contrasting it with her experience two years ago when officials reportedly begged for dollars.
Venezuela's interim president Delcy Rodriguez announced a wage hike effective May 1st, addressing workers suffering from hyperinflation and economic collapse.
The Arewa Youth Consultative Forum endorses the National Assembly's move to extend Tantita Security Services' pipeline surveillance contract, citing reduced vandalism and economic benefits.
Dangote Petroleum Refinery has reduced its ex-depot diesel price to N1,750 per litre, a N200 drop from N1,950. The adjustment follows the resumption of loading operations and comes amid global oil market volatility.
The Central Bank of Nigeria introduces enhanced BVN guidelines to combat banking fraud. Key measures include one-device limits, transaction caps, and stricter verification for device switching.
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Electricity consumers in seven northern Nigerian states will face six weeks of scheduled power outages due to maintenance on the Jos-Gombe transmission line, aimed at modernizing the national grid.
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Baobab Microfinance Bank Nigeria has officially moved its headquarters to 129 Ikorodu Road, Lagos, marking a strategic expansion to improve financial accessibility for small businesses and individuals across Nigeria.
Nigeria's $76 billion telecoms sector faces a severe infrastructure theft crisis, with 656 critical power assets stolen in 2025 and vandalism escalating into 2026, causing network outages and financial losses.
The Nigerian naira appreciated by N15 to close at N1,371.82 per dollar in the official market, even as foreign reserves fell by $1.08 billion amid global tensions. Analysts link the decline to reduced inflows, while the IMF urges stronger buffers.
Stakeholders advocate for strategic partnerships between host communities, oil companies, regulators, and government to implement the Petroleum Industry Act effectively, emphasizing collaboration for inclusive growth and sustainability in Bayelsa State.
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Abia State and the Federal Government have agreed to rehabilitate the National War Museum and Ojukwu Bunker in Umuahia, transforming them into tourism hubs. The state also approved retrofitting Arochukwu Waterfall and launched a sports diploma program.
Nigerian motorists get relief as Dangote Refinery and marketers reduce petrol prices following a 15% global oil crash triggered by US-Iran ceasefire. Experts warn the price drop may be temporary.
Terra Cube has been honored as Brand of the Year at the 2026 ADVAN Marketing Excellence Awards, marking a pinnacle achievement in Nigerian marketing. The brand's journey from Campaign of the Year in 2023 to this top accolade highlights sustained excellenc
The Nigerian equities market extended its bullish run midweek, with investors gaining over N300 billion as market capitalisation rose to N130.404 trillion, driven by strong performances in banking and oil stocks.
The Nigeria Sovereign Investment Authority, under CEO Aminu Umar-Sadiq, advances climate resilience and inclusive growth through strategic investments, including GCF accreditation and renewable energy projects.
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Nigeria imported raw materials worth N3.53 trillion in the first half of 2025, highlighting a persistent industrial policy failure despite local availability, as revealed by the Raw Materials Research and Development Council.
