The IMF warns the Middle East conflict is driving higher prices and slower growth globally, with OPEC+'s production increase seen as largely symbolic amid the Strait of Hormuz blockade.
The Centre for the Promotion of Private Enterprise highlights that Nigeria's Q1 2026 macroeconomic stability is undermined by persistent structural issues, high energy costs, and insecurity. Peter Obi urges resilience amid hardship.
Housing experts advocate structural reforms in Nigeria's mortgage sector to improve home ownership for low-income earners and stimulate real estate growth, citing high costs and income challenges.
The UN warns of a waste pollution crisis, with 2.3 billion tonnes of solid waste generated yearly globally. Nigeria contributes over 32 million tonnes, facing severe environmental and health risks due to poor management.
Stakeholders in Nigeria's insurance industry, led by NAICOM, have commended a new book documenting the sector's evolution from 2005 to 2026, highlighting its role in enhancing knowledge and institutional memory.
The Cocoa Roundtable Initiative identifies demand-supply imbalance as a key driver of the global cocoa price downturn, citing climate change, low productivity, and policy issues. It urges African producers to form an OPEC-style bloc for market regulation.
President Bola Tinubu has approved a N3.3 trillion payment plan to settle legacy debts in Nigeria's electricity sector, with 15 power plants already signing N2.3 trillion agreements to stabilize power generation nationwide.
About 69 indigenous barge operators have liquidated companies worth N211.9 billion due to harsh business conditions, including high charges and foreign dominance, as revealed at a stakeholders' engagement in Lagos.
Metro & Castle is transforming Lagos with affordable luxury homes, targeting diaspora Nigerians and fostering community growth through infrastructure like supermarkets and sports centers.
The Association of Housing Corporations of Nigeria criticizes strict bank guarantees for construction finance, urging reforms to boost affordable housing for low-income earners amid a growing deficit.
The Lagos State Government has announced traffic diversions and restrictions around Tafawa Balewa Square for the Lagos Fanti Carnival, listing specific roads to be closed and designated car parks.
Edo State plans a 100MW power plant in Ologbo, with experts urging regulatory reforms to break electricity monopolies and boost investment for reliable supply.
The naira weakened marginally in the official market but gained in the parallel segment, while Nigeria's bond market showed subdued activity with mild yield changes and strong auction demand.
Climate events could reduce Nigeria's GDP by 8% by 2100, with sea-level rise costing 0.1-0.4% yearly. Experts urge media to strengthen ESG reporting to mitigate risks and attract investment.
Despite persistent network instability, Nigeria's 5G penetration has reached 4.06%, driven by 2.3 million new active telephone users. The technology is expanding in urban hubs, though device costs and infrastructure gaps remain challenges.
The Nigerian Institute of Quantity Surveyors and former governor Donald Duke urge government MDAs to establish cost control units, emphasizing the role of certified professionals in managing project budgets and ensuring transparency.
A property firm emphasizes strict adherence to building standards to prevent collapses and deliver quality housing, launching new developments in Lagos to meet growing demand.
Air Peace announces plans to operate flights from Gateway International Airport to London Gatwick and Heathrow this summer, marking a major boost for Ogun State's aviation sector and infrastructure development.
A Lagos-based lawyer, Dr Sheriff Abiodun Adesanya, has filed a lawsuit against Air Peace Limited at the Federal High Court in Lagos, challenging the airline's 'seat-only' business-class upgrade policy. The case raises critical questions about airline tran
The Rural Electrification Agency (REA) has disbursed N9 billion to boost renewable energy via mini-grid projects in Taraba, Kwara, Kogi, and Niger states, supported by the DARES programme and a N100 billion MoU with Lotus Bank.
Nigeria's naira-for-crude policy and Dangote Refinery operations have shielded the country from global energy shortages caused by Middle East conflicts, ensuring petroleum product availability while other nations face severe disruptions.
LAWMA calls on Lagos residents to adopt proper waste disposal habits to maintain cleanliness and prevent flooding, especially during the Easter period.
The African Development Bank states that African nations could boost tax revenue by $469.4 billion yearly through digital tools and stronger enforcement, addressing a critical shortfall in funding for development.
MAIDS launches Nigeria's first blockchain-enabled mutual insurance model, approved by NAICOM, shifting policyholders to active co-owners with tokenized premiums and profit-sharing to boost transparency and access.
Nigeria's shift to green transport hinges on making projects financially viable for businesses, with private sector innovation and inclusive design crucial for a sustainable transition from policy to practice.
AXA Mansard Health Limited sponsors the 2026 Association of Medical Students of Africa Conference, signaling a strategic push for healthcare innovation and talent development across the continent.
Investors on the Nigerian Exchange Limited gained N837 billion last week, driven by improved full-year financials from listed companies and new share listings, despite mixed sectoral performance and declining trading activity.
Stakeholders at an ILRI roundtable in Ibadan urge urgent policy changes, investment, and research coordination to adopt Black Soldier Fly Larvae as a sustainable protein source for livestock feed, targeting integration by 2030.
FAAN MD Olubunmi Kuku states Nigeria's aviation sector offers strong investment opportunities due to market fundamentals, government reforms, and expanding infrastructure, positioning it as a key hub in West and Central Africa.
MeCure Industries Plc has fully redeemed its N3 billion Senior Secured Bond on schedule, highlighting the company's strong financial management and solid cash flow. The CFO emphasized this milestone strengthens investor confidence and supports future grow