Nigerian Stocks Surge N1.1 Trillion on Airtel Africa Gains
The Nigerian stock market soared by N1.1 trillion, driven by gains in Airtel Africa and other blue-chip stocks, with the all-share index rising 0.85% to 200,705.88 points.
Category : Business
Instant Payment Growth in Africa Leaves 400M Unbanked
AfricaNenda Foundation reports a breakthrough in inclusive instant payments across Africa, with rapid national launches and increased transactions. However, 400 million Africans are still unbanked, highlighting the need for continued digital infrastructur
Nigeria's Digital TV Switchover: Satellite Solutions for Inclusion
Nigeria's digital switchover from analogue TV has stalled for decades, leaving millions in remote villages without reliable signals. A new N10 billion initiative aims to use satellite technology to bridge the gap and ensure nationwide access to digital br
Nigeria's Oil Price Gains Limited by Structural Constraints
PwC report warns that Nigeria's structural issues, like low production and crude-backed loans, may prevent full benefits from high oil prices, impacting inflation and economic stability.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Firms Push to Stabilize Nigeria's Power Supply with Grid Tech
Siemens AG and PE Energy Limited partner to deploy the GridScale X platform, aiming to enhance grid stability, metering accuracy, and operational efficiency in Nigeria's struggling power sector.
DAWN, BRACE Align on Lagos-Calabar Highway Economic Strategy
Stakeholders from South-West and South-South regions coordinate efforts to harness economic opportunities from the 750km Lagos-Calabar Coastal Highway, aiming for national transformation through joint planning frameworks.
Lagos Assures Safety for 40,000 at 2026 Fanti Carnival
Lagos State Government pledges robust security for 40,000 tourists and participants at the 2026 Lagos Fanti Carnival, highlighting cultural heritage and economic benefits.
Food Inflation, Scarcity Linked to Poor Preservation in Nigeria
Stakeholders in Nigeria's agriculture sector identify weak cold chain infrastructure and poor food preservation as key drivers of food inflation, seasonal scarcity, and massive post-harvest losses across the country.
NGX Group, FG Partner to Boost Women's Inclusion in Markets
Nigerian Exchange Group partners with the Federal Ministry of Women Affairs to advance women's economic empowerment and gender inclusion in Nigeria's capital markets, with SEC's leadership recognized globally.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Bayelsa Govt Pledges 60MW Gas Turbine Completion for Electricity
Bayelsa State government assures residents that the 60-megawatt gas turbine project is nearing commissioning to address prolonged power outages in Yenagoa and other areas.
Nigeria's Food Price Relief: A Temporary Respite
Nigeria's food inflation has dropped to single digits, offering hope after years of crisis. However, experts warn this relief may be fleeting without addressing underlying issues like insecurity and scale in farming.
Survivor Speaks on New York Airport Plane Crash
A survivor of the Air Canada plane crash at LaGuardia Airport shares his harrowing experience, detailing the chaotic escape and injuries sustained by passengers and crew.
Women Bridge Skills Gap in Nigeria's Solar Sector via installHER
The installHER program in Lagos is training Nigerian women in solar installation, system design, and energy management to address technical workforce shortages and gender inequality in renewable energy.
Navy Arrests Two Stowaways Off Lagos Coast
The Nigerian Navy has arrested two suspected stowaways, including a repeat offender, from a merchant vessel near Lagos for attempting illegal migration, handing them over to immigration authorities.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
NPNEN Calls for One-Stop Export System to Boost SME Competitiveness
The Network of Practising Non-Oil Exporters of Nigeria urges a one-stop export system to tackle regulatory hurdles and enhance SME competitiveness, based on a study revealing low export rates and barriers like corruption and infrastructure gaps.
How to Beat Nigeria's High Construction Costs in 2026
Learn practical methods to manage material costs, prevent theft, and ensure profitability in Nigeria's challenging construction landscape, focusing on transparency and efficiency.
Dangote: Middle East War Could Force Global Economic Crisis
Aliko Dangote warns that unresolved Middle East conflict will drive up oil prices, forcing remote work policies and hurting vulnerable economies like Africa's, where many lack financial reserves.
Lovonus Microfinance Bank Gets New Chairman and ED
Usman Onoja has been appointed as the new chairman of Lovonus Microfinance Bank, succeeding Alfred Okoigun, who transitions to chairman of the Lovonus Group after over a decade of leadership marked by growth and integrity.
Power Minister Apologizes for Blackouts, Pledges Fix
Minister of Power Adebayo Adelabu has formally apologized to Nigerians for persistent power outages, citing gas supply issues and promising improvements within two weeks.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
NGXASI Rises 0.85% as Nigerian Stock Market Bounces Back
The Nigerian equities market closed bullish on Tuesday, with the All-Share Index advancing 0.85% to 200,705.88 points. Market capitalisation increased to N128.84 trillion as Airtel Africa, GTCO, and other blue-chip stocks drove the rally.
Gateman's N30k Salary for Multiple Jobs Sparks Debate
A Nigerian man disclosed his gateman earns N30,000 monthly for manning gates, washing cars, cleaning, and pumping water, sparking online criticism over low pay and worker dignity.
Ex-Bank Sales Rep Shares Salary Details and Resignation Story
A former sales representative at a popular Nigerian bank has disclosed his monthly earnings and the frustrating work environment that led him to resign in 2020 to pursue graphic design full-time.
Dangote Refinery Receives 17.5M Barrels of Crude Oil
Dangote Petroleum Refinery has received 19 cargoes totaling 17.56 million barrels of crude oil and feedstock between February and March 2026, combining Nigerian streams with international imports to ensure steady operations.
Kalu Calls for European Investment in Nigeria's Cocoa, Lithium
Deputy Speaker Benjamin Kalu advocates for technology transfer and local production partnerships with Europe to process Nigeria's raw materials like cocoa and lithium, aiming to create jobs and reduce migration.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Dangote's Wealth Rises to $32.5B, Overtakes 13 Billionaires
Aliko Dangote's net worth increased by $2.57 billion in 2026, reaching $32.5 billion and ranking 64th worldwide. He leads Africa's billionaire list, with other top performers including Johann Rupert and Nicky Oppenheimer.
BMW Recalls 180,000 Cars in China for Fire Risk
BMW has initiated a major recall of nearly 180,000 vehicles in China due to a faulty air conditioning wiring harness that poses a potential fire risk, with inspections and repairs offered free of charge.
SEC Gives Operators 6 Weeks for Recapitalisation Plans
The Securities and Exchange Commission has mandated capital market operators to submit board-approved recapitalisation or licence downgrade plans within six weeks. Failure to comply may result in sanctions including licence restrictions.
Zamfara's New Airport Completes First Successful Test Flight
Gusau International Airport in Zamfara State has recorded its inaugural successful flight operation with a Bombardier Challenger 605 aircraft landing under regulatory clearance for VIP readiness assessment.
Moniepoint Buys Orda for Nigeria's $50bn Food Sector
Moniepoint Inc. has acquired Orda Africa, targeting Nigeria's $50 billion food services market. The integration aims to streamline operations for restaurants and vendors with an all-in-one digital platform.
This Free Telegram App Replaces Your Messy Shopping Notes
Shared lists with real-time sync. No signup needed — just open and shop together.
Recommended
Saudi Arabia Sets April 18 Deadline for Umrah Pilgrims
Saudi Arabia announces strict April 18, 2026 exit deadline for foreign Umrah pilgrims, with fines, deportation and travel bans for overstayers as focus shifts to Hajj preparations.
Page 265 of 431
