The African Export-Import Bank has approved a $10 billion Gulf Crisis Response Programme to shield African and Caribbean economies from Middle East conflict shocks, focusing on imports, energy, and infrastructure.
A heavy downpour on Tuesday severely damaged the newly built Kugbo Bus Terminal in Abuja, with roof sections collapsing and debris blocking the Nyanya-Keffi Expressway, causing hours-long traffic congestion and stranding commuters.
Access Bank CEO Roosevelt Ogbonna commends Ogun State's investor-friendly policies and supports the Gateway International Airport project, highlighting strong public-private partnerships for economic growth.
Explore the life and wealth of Aminu Dantata, a Nigerian business magnate whose net worth was estimated in billions. Learn about his family, career, and philanthropic impact.
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A severe rainstorm in Abuja damaged the new Kugbo Bus Terminal, causing debris to block the Abuja-Keffi Road and leading to hours of traffic chaos, with scavengers looting materials amid the disruption.
Ogun State Government commissions the ATC Business and Industrial Park in Ode-Remo, Remoland, and flags off a shopping mall project to boost industrialization and economic growth.
A Nigerian woman's viral TikTok video exposes the Forex trading industry, claiming influencers profit from recruiting students rather than actual trading. She describes it as exploitative, sparking online debate.
A heavy rainstorm severely damaged the Kugbo bus terminal in Abuja, ripping off its roof and causing major traffic disruptions. No casualties were reported, but scavengers looted debris as Nigerians question the project's durability.
The Nigerian stock market opened the new trading week bullish, with market capitalization increasing by N208.65 billion. Strong buying interest in Cadbury Nigeria, First Holdco, and Honeywell Flour Mills drove the rally, while Transnational Corporation an
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Lagos is now Africa's fourth most expensive city for renting a two-bedroom apartment, with annual costs soaring to N26.8 million. The income-to-rent ratio has surged to 70%, far exceeding UN affordability standards, driven by high demand and limited suppl
Diesel prices at major Nigerian depots have exceeded N2,000 per litre, driven by rising global crude oil costs and supply constraints. Retail pump prices are expected to increase as marketers adjust to higher procurement expenses.
Ecobank Nigeria has revised its savings interest rates to 7.95% for standard accounts and 8.95% for target savings, effective March 1, following CBN's MPR adjustments.
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Heliconia Park Hotel & Spa Lagos has officially launched Oasis Gourmet Restaurant and Pool Bar, a new fine dining destination in Victoria Island. The launch event attracted distinguished guests and business leaders.
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President Bola Tinubu will officially open the Opebi-Mende Link Bridge in Lagos this week, a strategic infrastructure project designed to improve connectivity and reduce traffic congestion in the metropolis.
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Tetracore Energy Group has commissioned a new Auto Compressed Natural Gas station in Uwusan, Benin City, with capacity to fuel 200 vehicles daily, enhancing sustainable transport and industrial energy access in Nigeria's critical growth corridor.
The Nigerian Communications Commission has mandated telecom operators to compensate subscribers for poor service quality from April, covering voice, data, and SMS failures without requiring applications.
The Debt Management Office has set interest rates up to 14.082% per annum for the April 2026 Federal Government Savings Bonds, offering secure investment options with quarterly payments and tax benefits.
Egypt and ENI announce a significant natural gas discovery in the Eastern Mediterranean, offering potential relief as the country faces energy supply pressures linked to regional conflict and rising import costs.
Thailand is weighing emergency measures, including overnight petrol station closures from 10 p.m. to 5 a.m., to conserve fuel amid global supply pressures from the Middle East conflict. Prime Minister Anutin Charnvirakul announced the potential policy, wh
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Nigerian petrol depot prices surge over 35% due to global crude oil spikes from US-Israeli-Iran conflict. Dangote Refinery reports increased but insufficient crude supply, with NNPC selling in dollars, fueling price pressures.
Eight major electricity generation companies have signed onto President Tinubu's N3.3 trillion debt settlement program, aiming to resolve Nigeria's persistent power sector liquidity crisis. Industry experts call for transparency in the debt calculation pr
Peter Obi criticizes the federal government's latest ₦3.3 trillion approval for power sector debts, questioning transparency and previous similar measures.
Dangote Refinery increased petrol prices by N576 in the first quarter of 2026, adjusting rates nine times due to volatile crude oil markets and exchange rate pressures.
The Central Bank of Nigeria's new BVN regulations, effective May 1, 2026, have triggered a surge in account linking, with registrations reaching 68.6 million as Nigerians comply with stricter security measures.
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Seychelles, Gambia, Ghana, Benin Republic, and Rwanda have implemented visa-free policies for African travelers, promoting regional integration and mobility across the continent in alignment with AfCFTA goals.
Learn step-by-step methods to stop Glo auto-renewal via USSD, SMS, and online. This guide covers cancellation, customer care, and tips to manage your data plans effectively in Nigeria.
A forensic audit reveals Union Bank's former leadership engaged in a $300 million shadow loan scandal, illegal withdrawals, and depositor fund raids, prompting CBN's dramatic intervention to prevent systemic collapse.
Electricity generation companies in Nigeria are urging regulators to swiftly adjust tariffs following a government hike in gas prices, warning that delays could exacerbate the sector's liquidity crisis and impact consumers.
NASA's Artemis II crew, having set a new distance record in space, is returning to Earth after a lunar fly-by, with plans for a Pacific Ocean splashdown.
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The Nigerian Economic Summit Group reports business activities slowed in March 2026 due to limited finance access and frequent power outages, with key sectors contracting.
