Delta State Governor Sheriff Oborevwori has commended entrepreneur Obi Cubana for his Millennium City project in Asaba, describing it as a transformative urban development that will redefine the city's economic and physical landscape.
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Nigeria's ₦70,000 monthly minimum wage ranks among Africa's lowest, falling behind smaller economies like Benin and Togo. Analysis reveals key factors including currency weakness, inflation, and implementation gaps.
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In Nigeria, home insurance is increasingly vital due to rising costs, climate risks, and legal requirements. This article explores why it's non-negotiable and what many homeowners still overlook in their financial planning.
Nigeria's naira remains Africa's second-strongest currency against the dollar, but foreign reserves have fallen to $48.94 billion. Analysts warn of heavy costs as inflation eases to 13.4% in March, while geopolitical tensions drive oil prices above $104 p
The Federal Government reduces import tariffs on crude palm oil, rice, and sugar to ease rising food costs and stimulate economic growth, with experts predicting consumer relief.
Farmtech Integrated Services announces the launch of Sunwoda Energy's advanced storage solutions for residential, commercial, and industrial sectors in Nigeria, aiming to enhance power reliability and sustainability.
The Nigerian Naira showed minor fluctuations against the US Dollar on Monday, April 13, 2026, with the official rate opening at N1,358.84 and stabilizing, while parallel market rates ranged from N1,460 to N1,485 in major cities.
The Senior Staff Association of the Transmission Company of Nigeria has praised the reappointment of Engr. Sule Ahmed Abdul-Aziz as Managing Director, citing his reform-driven leadership and commitment to strengthening Nigeria's power transmission network
A Nigerian man expressed shock after paying a substantial tax amount to the Lagos State Government in March 2026, posting a screenshot online that sparked widespread reactions and discussions about tax laws.
Nigeria's SEC has ordered the immediate freezing of assets belonging to 10 individuals and 3 entities linked to terrorism financing, following their designation by the Nigeria Sanctions Committee.
The Federal Government has introduced a structured leasing model for motorcycle and tricycle operators nationwide through partnerships with ELRA, CIS, and NATOMORAS. The initiative aims to address exploitative hire purchase arrangements, provide flexible
A Nigerian woman has expressed frustration online after spending millions on a solar installation that reportedly provides only four hours of power daily, forcing her to rely on a generator.
Nigeria's electricity regulator, NERC, has directed TCN to reduce regional transmission losses to 6.5% by end-2026, backed by a new order for improved grid efficiency and accountability.
Global leaders will convene in Lagos for the Africa Social Impact Summit 2026 to mobilize capital and partnerships for sustainable development across education, healthcare, and youth sectors.
A Nigerian man shared payment receipts online after buying a solar inverter and lithium batteries, sending a message to PHCN as he prepares for uninterrupted electricity.
Explore the MTN Sachet Bundle, a cost-effective voice-only offer for Nigerian subscribers. Learn about pricing, activation via USSD codes, and usage tips for local calls.
Nigerians face rising cooking gas prices as dealers release new rates for 1kg, 5kg, and 12kg cylinders. Households are switching to charcoal and firewood due to affordability challenges, with experts citing global crises and naira depreciation.
Global oil prices have surged above $100 per barrel following geopolitical tensions, with Nigeria expected to see higher depot and retail petrol prices as a result.
Refiners challenge claims that imported petrol is cheaper than Dangote's locally produced fuel, citing quality differences and flawed comparisons. The World Bank's controversial report sparked debate before withdrawal.
The Central Bank of Nigeria has introduced stricter agent banking guidelines effective 2026, including exclusive partnerships, geo-fencing, and new transaction limits to enhance security and reduce fraud.
Nigeria's economy is under pressure as global oil prices rise above $100 per barrel due to geopolitical tensions, threatening higher fuel costs and inflation.
Edo State Government has officially commenced the 2026 farming season, emphasizing the adoption of modern agricultural practices and improved inputs to boost productivity and food security.
The National Cashew Association of Nigeria has pledged to oppose any attempts to manipulate the country's cashew roadmap, expelling a member for misconduct and endorsing key industry initiatives.
Real estate professionals call for adoption of global best practices and improved information access in Nigeria's luxury property market to enhance investor confidence and accelerate growth.
Nigeria's air traffic controllers raise alarm over obsolete infrastructure and poor welfare, while SERAP calls for investigation into missing N2.9 billion from NIGCOMSAT and NNRA, highlighting systemic safety and corruption concerns.
Nigeria's 90,000km fibre project has received a $200 million loan from the African Development Bank to accelerate rollout, aiming to connect all 774 local government areas and boost broadband penetration to 70% by 2030.
The Federal Government has directed Dangote Sugar Refinery to achieve an annual production capacity of 600,000 metric tonnes by 2030, aiming to reduce Nigeria's reliance on sugar imports and bridge the supply gap.
The Presidential Fiscal Policy and Tax Reforms Committee refutes media claims that Minister Taiwo Oyedele acknowledged flaws in Nigeria's new tax laws, citing progress with over 100 million registrations.
Champion Breweries PLC has fully redeemed its N15 billion commercial paper issuance, repaying N10.78 billion in Series 2 and N4.22 billion in Series 1, reflecting strong liquidity and investor confidence.
Nigeria's leasing industry surged by 26.5% to N26.54 trillion in 2025, driven by businesses seeking alternative financing amid tight credit and high borrowing costs, with oil and gas leading sectoral growth.