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.
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.
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.
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.
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.
NNPCL links strengthened pipeline security to a rise in crude oil production to 1.71mbpd in 2025 and renewed investor confidence, despite vandals using advanced tactics like CCTV and missile launchers.
The Nigeria Civil Aviation Authority (NCAA) alerts air travelers to expect possible flight disruptions due to the rainy season. The authority also addresses unresolved issues from the December airfare hike.
The World Bank's 2026 report highlights Nigeria's early childhood development crisis, linking poor health and education outcomes to long-term economic stagnation, despite moderate growth and fiscal reforms.
The Ogoni community in Rivers State has outlined strict conditions, including environmental remediation and legal resolutions, before allowing oil exploration to resume after a 30-year hiatus, as the Federal Government aims to boost production.
Yola Electricity Distribution Company announces scheduled power outages in Adamawa, Taraba, and Yobe states for maintenance on the Jos-Bauchi-Gombe 330kV transmission line from April 9 to May 22, 2026.
The Presidential Initiative on Compressed Natural Gas and Electric Vehicles reassures the public on CNG safety after a vehicle explosion in Kaduna, while Delta State commissions new stations to cut transport costs and promote cleaner energy.
Zenith Bank Plc announced gross earnings of N4.19 trillion for 2025, a 6% increase from 2024, fueled by a 35% rise in interest income. Profit after tax grew slightly to N1.04 trillion, with dividends doubling to N10 per share.
At the BusinessDay Future of Agriculture Conference, FCMB and stakeholders emphasized the need for better value-chain coordination to enhance productivity and food security in Nigeria.
Electricity distribution companies in Nigeria recorded a N63.46 billion revenue shortfall in January 2026 as recovery efficiency fell to 69.16%, amid stricter NERC performance targets.
The Nigeria Customs Service and PEBEC have launched a reform agenda to cut cargo clearance times from 21 to 4 days through joint inspections and digital upgrades.
Nigeria's pension assets surged to N29.43 trillion in February 2026, driven by equity market gains and fresh contributions, marking the highest monthly increase since the pension scheme began.
Unilever's $44.8 billion sale of its global foods business to McCormick & Company has raised critical questions about the future of Unilever Nigeria Plc, with the local company still assessing implications for its key revenue-driving food segment.