NCC Signs Mega Deal to Boost 5G Network in Nigeria
Nigeria's telecom sector gets major boost as NCC partners with leading infrastructure company to enhance 5G connectivity and network performance nationwide.
Category : Business
Bank MD Jailed: 12-Year Sentence for N135M Fraud
A Nigerian High Court has convicted and sentenced a bank Managing Director to prison for misappropriating customer funds totaling N135 million in a landmark financial crime case.
Anambra Tops Nigeria's Fiscal Performance Ranking
Anambra State has emerged as Nigeria's top-performing state in fiscal management, according to the latest state performance ranking report. Discover which states made the top five and how your state performed.
APC's Emami Warns Against 15% Fuel Import Tariff
Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
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Ogoni People Suffer Despite Oil Wealth - MOSOP
MOSOP President reveals how Ogoniland remains impoverished despite massive oil wealth, demanding environmental justice and development from Nigerian government.
Africa Must Scale Energy Supply Quickly: Transcorp President
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
Peter Obi: Nigeria Shouldn't Be Among Hungry Nations
Former presidential candidate Peter Obi delivers scathing critique of Nigeria's agricultural failures and food insecurity crisis, demanding urgent government action.
Nigeria Bans Raw Material Exports Without Local Processing
Nigeria takes historic step toward economic transformation as lawmakers mandate minimum 30% local value addition before raw material exports, aiming to boost industrialization and create jobs.
UN Climate Fund Hits Record $13.5B, Defends Loans
The UN's Green Climate Fund announces historic funding year while defending its loan-based approach to climate finance in developing nations.
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Ethiopian Airlines Leads Nigeria International Travel
Ethiopian Airlines has emerged as Nigeria's leading international carrier, dominating passenger traffic and expanding its African network despite aviation challenges.
Western Union's Crypto Plan for Nigeria Remittances
Western Union partners with Stellar to launch USD-backed stablecoin, potentially revolutionizing how Nigerians receive money from abroad with faster, cheaper transfers.
BYD Q3 Profit Jumps 33% as EV Giant Expands Globally
Chinese electric vehicle powerhouse BYD reports impressive 33% profit surge in Q3 2024, defying market slowdown and expanding global dominance with aggressive overseas strategy.
Lagos Most Expensive Estates 2025 Revealed
Discover the top 10 most exclusive residential areas in Lagos where luxury meets premium living. From Banana Island to Ikoyi's golden streets.
Stellantis Shares Fall Despite Sales Growth
Stellantis, the automotive giant behind Jeep, faces investor concerns as shares drop despite reporting increased sales. Discover the market forces behind this surprising downturn.
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Cooking Gas Prices Set for Major Drop in Nigeria
Cooking gas marketers predict substantial price reduction as Nigeria targets 6 million metric tonnes to meet growing consumer demand and ease economic pressure on households.
Taxaide Technologies Appoints Emeka Obi to Board
Taxaide Technologies Limited, Nigeria's leading tax technology solutions provider, announces the strategic appointment of Emeka Obi to its Board of Directors, strengthening corporate governance and digital innovation.
SWDC Plans to Transform Southwest Nigeria into Trade Hub
The Southwest Development Commission reveals comprehensive strategy to transform Nigeria's southwest region into Africa's next economic powerhouse through infrastructure, agriculture, and technology investments.
Fire Service Saves Billions from Jabi Lake Mall Blaze
Federal Fire Service heroes prevent catastrophic losses as they battle fierce blaze at Abuja's Jabi Lake Mall, saving merchandise worth billions of naira in dramatic overnight operation.
Fuel Price War: Depot Owners Cut Rates to Match Dangote
Nigerian fuel depot owners have dramatically reduced petrol prices in response to competitive pressure from Dangote Refinery, bringing relief to consumers amid ongoing market shifts.
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Nigeria's GDP Data Blackout: NBS Shutdown Bites
Nigeria faces economic uncertainty as NBS fails to release crucial GDP figures amid nationwide strike, leaving investors and policymakers in the dark about economic performance.
Sanwo-Olu's ₦2.7bn Relief for Lagos + FG's ₦75k Nationwide
Lagos State Governor Babajide Sanwo-Olu has initiated a massive ₦2.7 billion financial relief program for vulnerable households, while the Federal Government expands its cash transfer scheme nationwide with ₦75,000 payments to millions of Nigerians.
Tinubu imposes 15% tariff on imported fuel
President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.
Nissan Projects ₦2.6 Trillion Loss for 2025-26
Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.
NDDC Boss Denies Arrest Rumours, Unveils Agri-Plan
NDDC Managing Director Dr. Samuel Ogbuku dispels arrest rumours while announcing revolutionary agricultural initiatives to transform Niger Delta economy and create jobs.
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Italy Court Blocks Sicily Bridge, PM Meloni Outraged
Italy's administrative court halts controversial Messina Strait Bridge project, triggering furious response from Prime Minister Giorgia Meloni who vows to continue fighting for the infrastructure development.
Novo Nordisk vs Pfizer: Bidding War for Obesity Drugmaker
Major pharmaceutical battle intensifies as Novo Nordisk challenges Pfizer in high-stakes acquisition race for obesity treatment specialist Metsera, reshaping the weight-loss drug market.
FG Sets Financial Conditions for Ibadan Disco Licence
The Federal Government imposes strict financial requirements on Eko Electricity Distribution Company for Ibadan Disco licence renewal, demanding improved performance and financial stability.
US Economy Goes Dark as Government Shutdown Blocks Data
America's economic pulse becomes impossible to monitor as federal agencies halt data releases during government shutdown, leaving investors and policymakers flying blind.
Tinubu Cuts Petrol Import Duty to 15%
In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.
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Nigeria's Economy Improving, Nearing Stability - IWG
Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.
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