New research reveals that banning mining in conflict zones may worsen insecurity. Instead, professionalizing artisanal mining and harmonizing governance could turn the sector into a tool for peace and economic stability in Nigeria.
The Nigerian equities market opened the week negatively with the All-Share Index dropping 1.07% to 199,014.02 points as investors sold off heavyweight stocks including GTCO and MTN Nigeria following the Eid-el-Fitr holiday.
Oyo State Governor Seyi Makinde has initiated the disbursement of N1.5 billion to 1,000 young agripreneurs under the YEAP-SAfER program, while also approving a N10,000 monthly transport allowance for civil servants to alleviate economic pressures.
Global markets experienced sharp volatility as oil prices plunged and European stocks rebounded following Donald Trump's announcement of halted strikes on Iran and diplomatic progress.
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Ikeja Electric has disclosed that nationwide electricity supply reduction stems from limited gas to thermal plants, lowering grid allocations and constraining distribution to customers across Nigeria.
Kelechi Ibe, co-founder of TaxStreem, discusses Nigeria's tax reforms, barriers to compliance, and how AI-driven solutions can help SMEs access capital and grow sustainably.
A passenger on Air Canada Flight 8646 recounts the terrifying moments after landing, describing a hard impact, sudden stop, and chaos as the plane veered off. The incident has sparked widespread reactions online.
A severe scarcity of shipping containers at Lagos ports is endangering Nigeria's $44.06 billion export industry, with goods piling up and shipping lines avoiding Nigerian routes.
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Lafarge Africa Plc reaffirmed its commitment to gender inclusion and sustainable development at its International Women's Day 2026 event, featuring discussions on workplace equity and women's leadership.
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Tony Elumelu marks his birthday by announcing 3,200 beneficiaries for his foundation's entrepreneurship program across all 54 African countries, with $5,000 seed capital each.
Seplat Energy has launched applications for its 2026 Youth Entrepreneurship Programme, offering practical training in solar and mini-grid systems to empower young Nigerians in the renewable energy sector.
Unilever Nigeria Plc achieved a turnover of N214 billion in 2025, marking a 43% increase from 2024. Gross profit rose 62% to N90 billion, while net profit doubled to N32 billion, driven by power brands like Knorr and Vaseline.
Unilever Nigeria Plc achieved a turnover of N214 billion in 2025, marking a 43% rise from 2024. Gross profit grew 62% to N90 billion, and net profit doubled to N32 billion, driven by power brands like Knorr and Vaseline.
Cockpit audio from a fatal Air Canada Express crash at LaGuardia Airport captures urgent runway warnings moments before collision with a fire truck, killing both pilots and shutting down the airport.
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The Nigeria Employers' Consultative Association warns that surging global oil prices are severely pressuring Nigeria's economy, driving up fuel costs, worsening inflation, and threatening business closures and job losses.
A flight attendant miraculously survived an Air Canada Express crash at LaGuardia Airport in New York, while both pilots tragically died. The aircraft collided with a fire truck, injuring many.
A passenger on Canada Express Flight 8646 has detailed how the plane crash affected his stomach, sharing photos and sparking emotional reactions online after the incident at LaGuardia Airport.
A newly released audio recording captures the last three words spoken by the Air Canada pilot moments before the CRJ-900 aircraft crashed at New York's LaGuardia Airport after colliding with a firetruck.
The Transmission Company of Nigeria (TCN) has announced a four-month power interruption affecting parts of Lagos State as it rehabilitates the Amuwo substation. The project aims to enhance long-term electricity reliability in Nigeria's commercial hub.
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An Air Canada CRJ-900 collided with a fire truck while landing at La Guardia Airport in New York, resulting in the deaths of two pilots and multiple injuries.
Leonid Radvinsky, the Ukrainian-American billionaire behind OnlyFans, has died at age 43 after a private battle with cancer, sparking uncertainty about the platform's future ownership.
Reclusive billionaire Leonid Radvinsky, owner of OnlyFans, has died at age 43 after a long battle with cancer. The company announced his passing, noting his pivotal role in its growth.
Escalating US-Iran tensions over the Strait of Hormuz have pushed crude oil above $100 per barrel, raising fears of petrol price increases in Nigeria and other import-dependent economies.
Lagos State received the highest share of Federation revenue in January 2026, getting N55.83 billion. Delta and Akwa Ibom followed, while Ekiti recorded negative allocation. Total disbursement reached N2.59 trillion across government tiers.
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Three months after the Federal Government issued a N501 billion bond to clear electricity debts, power generation companies have not received any payments, raising concerns about sector liquidity and reform implementation.
NIPOST reports increasing encroachment on its properties in Abia State, leading Governor Alex Otti to order a survey and recovery of assets, with plans for collaboration on postal services.
Stephanie Obiano, CEO of Furalle Limited, argues that Nigeria cannot fully realize its aviation potential without empowering women in leadership positions. She emphasizes the need for local capacity building and technical skills to benefit from internatio
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The Central Bank of Nigeria has been named Central Bank of the Year at the 2026 Central Banking Awards, recognized for monetary reforms that stabilized Nigeria's economy through exchange rate unification and transparency measures.
As the CBN recapitalisation deadline nears, over 30 Nigerian banks have met requirements, while two receive regulatory forbearance and three await final approval, amid industry consolidation.
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Coalition of Farmers Associations of Nigeria and other groups commend NADF's leadership for enhancing food security, empowering farmers, and modernizing agriculture through various initiatives.
