MTN Suspends Airtime, Data Lending After FCCPC Directive
MTN Nigeria has temporarily suspended its Xtratime airtime and data lending service in response to new FCCPC regulations, citing compliance requirements but minimal financial impact.
Category : Business
Ebi Obaro: CEO Building Nigeria-Canada Education Bridges
Ebi Obaro, a top strategic CEO, has transformed education and immigration ties between Nigeria and Canada for over two decades through Maple Education Canada and other ventures, supporting thousands of students.
Seplat Shares Hit N10,450 on NGX as Elumelu Deal Drives Growth
Seplat Energy has become the first company listed on the Nigerian Exchange Limited to exceed N10,000 per share, reaching N10,450. This remarkable rally is driven by Heirs Energies' acquisition of a 20.07% stake from Maurel & Prom, making Tony Elumelu the
Osasu Igbinedion Ogwuche Selected as 2026 Tutu Fellow
Chief Osasu Igbinedion Ogwuche, founder of TOS Foundation Africa and CEO of TOS Group, has been selected as one of 27 outstanding African leaders for the prestigious 2026 Tutu Fellowship Programme, recognizing her impactful contributions to governance and
My-ACE China: CEO Shaping Nigeria's Housing Future
My-ACE China, CEO of The Mayor of Housing Group, leads Nigeria's real estate transformation with innovative projects like Alesa Highland Smart City, earning UN peace honors and driving sustainable urban development.
Maduba Okechi Christian: Real Estate Leader with Smart Luxury Vision
Maduba Okechi Christian, CEO of Ceemore Group, is transforming Nigeria's real estate with smart luxury estates and building materials, blending innovation with community empowerment.
MTN Halts Airtime, Data Borrowing Over Regulatory Rules
MTN Nigeria has temporarily suspended its Xtratime airtime and data lending service to comply with new FCCPC digital lending regulations, sparking widespread reactions from customers who rely on the service.
NEPC, ITC Engage Stakeholders on Sesame, Cowpea Compliance
The Nigerian Export Promotion Council and International Trade Centre held a workshop to address sanitary and phytosanitary compliance challenges for sesame and cowpea exports, aiming to reduce rejections and boost Nigeria's non-oil export revenue.
Tech CEO Transforming Nigeria's Fuel Retail with Data-Driven Solutions
Olayide Folorunso, Co-Founder and CEO of Fuelmetrics Limited, is revolutionizing Nigeria's oil and gas sector through innovative technology solutions like the Epump system, bringing unprecedented transparency and efficiency to fuel retail operations.
Chidomere Ndubuisi Leads Nigeria's Mobility Revolution with Pamtech
Engr. Chidomere Ndubuisi, founder of Pamtech Group, is transforming Nigeria's economy through innovative mobility solutions and a steadfast commitment to integrity and service.
Dangote Features Refinery at Nasarawa Trade Fair 2026
Dangote Group will highlight its refinery and Vision 2030 at the Nasarawa Trade Fair, emphasizing industrial synergy and inclusive growth in the state.
Solar Inverter Battery Lasts 80 Minutes After 30-Minute Charge
A Nigerian man using a 2kVA solar inverter with tubular battery reveals it only lasts 1 hour 20 minutes after 30-minute charge despite 340-watt load, sparking online discussion about solar system efficiency.
Oyetola Opens NIMASA-UNILAG Maritime Institute
Minister Adegboyega Oyetola commissions the NIMASA-funded Institute of Maritime Studies at UNILAG, emphasizing human capital development for Nigeria's blue economy growth.
Odu'a and Elektron Partner on 50MW Gas Plant in Lagos
Odu'a Investment Company and Elektron Energy are collaborating to develop a 50-megawatt gas-fired power plant in Ogba, Lagos, aimed at boosting electricity supply for industrial users and reducing grid dependency.
Coalition Hails Revenue Growth, Backs NRS Reforms Under Adedeji
A coalition of advocacy groups commends Nigeria's significant revenue increase, attributing it to fiscal reforms and improved tax administration under Zacch Adedeji's leadership at the Nigeria Revenue Service.
NESG Calls for Amendments to Key Economic Laws in Nigeria
The Nigeria Economic Summit Group recommends urgent reforms to the Tax Act, Petroleum Industry Act, and Electricity Act to enhance Nigeria's business environment and attract investment.
Shell Opens 2026 Graduate Programme Applications in Nigeria
Energy giant Shell has announced its 2026 Graduate Programme in Nigeria, inviting post-NYSC graduates in Engineering and other fields to apply for a three-year structured training aimed at developing future leaders in the energy sector.
Ekiti's Agbeyewa Farm Tops Global Cassava Production
Ekiti State celebrates Agbeyewa Farm's rise as the world's largest cassava producer, with Governor Oyebanji highlighting agricultural growth and Ooni of Ife urging traditional rulers to support investors for economic development.
Africa's Fiscal Turning Point: Tax Reform and Illicit Flows
African Union delegates in Abuja discuss tax reforms to combat illicit financial flows, aiming to boost domestic revenue and reduce aid dependence for sustainable economic growth.
NDIC Finalizes Liquidation of 89 Defunct Banks After CBN Revocations
The Nigeria Deposit Insurance Corporation has started the final shutdown process for 89 microfinance and primary mortgage banks, whose licences were revoked by the CBN in 2023. New institutions have taken over under a Purchase and Assumption model, with N
Nigeria's Fuel Market Strain as Depot Petrol Prices Rise
Nigeria's fuel market faces pressure with slight increases in depot petrol prices from Dangote Refinery and others, amid global oil volatility and high inflation, leading to a 17% drop in demand as consumers adapt.
Nigeria's Revenue Soars to N3.6 Trillion Monthly, Coalition Applauds
Nigeria's monthly revenue has surged over 400% from N711 billion to N3.635 trillion, driven by tax reforms. A coalition hails the Nigeria Revenue Service for this fiscal transformation while urging sustained transparency and accountability in public spend
Fintiri Advocates Fair Revenue Sharing as RMAFC Launches Review
Adamawa State Governor Ahmadu Umaru Fintiri calls for a more realistic revenue allocation formula to support states and local governments. RMAFC begins nationwide data verification for an updated system.
FG Upgrades 150 Communities, Aims for SDGs 11 and 6
The Federal Government has upgraded over 150 communities with basic amenities as part of urban renewal efforts, aiming to achieve Sustainable Development Goals 11 and 6 through partnerships and improved infrastructure.
FG, NIAS Team Up for 2026 Animal Agriculture Conference
The Federal Ministry of Livestock Development and the Nigerian Institute of Animal Science are collaborating to organize the 9th Conference on Animal Agriculture in 2026, aiming to showcase innovations and drive sustainable growth in livestock production
FG, Sinoma Seek Tech for Affordable Housing Delivery
The Federal Government collaborates with Sinoma New Materials Nigeria Company Limited to explore innovative technologies for affordable housing, focusing on sustainable construction and local material manufacturing.
Lightning Destroys 4kVA Solar Inverter, Man Issues Warning
A Nigerian man shares a viral video showing lightning damage to his 4kVA solar inverter during heavy rain, warning others to switch off inverters in storms. Social media users debate protective measures and share mixed reactions.
Naira Strengthens vs Pound, Euro; Stable vs Dollar in FX Update
The Nigerian naira appreciated against the British pound and euro while remaining flat against the US dollar in official markets. Interbank turnover declined, and external reserves dropped below $49 billion.
Nigeria Airfares Hit N162,000 Amid Fuel Price Surge
Nigerian domestic airlines have raised ticket prices dramatically, with fares reaching up to N162,000 on major routes due to soaring aviation fuel costs linked to US-Iran tensions. Passenger traffic is declining as regulators warn against excessive pricin
Man's Solar System Fails at Night, Begs for Help
A young Nigerian man using a solar inverter with tubular batteries shares his heartbreaking experience of system failure when the sun goes down, sparking reactions and advice from online community.
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