Experts: Reforms Need Transparency, Inclusive Growth
Stakeholders at a Lagos dialogue warn Nigeria's economic reforms remain fragile without tackling inequality, improving fiscal transparency, and better policy communication.
Category : Business
Nigeria Hosts ECOWAS Brown Card Stakeholders in Lagos for 2026 Talks
Nigeria will convene key stakeholders from West Africa for the 2026 ECOWAS Brown Card zonal meeting in Lagos, focusing on digital strategies to enhance cross-border motor insurance and claims settlement.
Governance Key to Survival of Nigeria's Family Firms
Family businesses are vital to Nigeria's economy but face high failure rates due to poor governance and succession planning. Experts emphasize the need for structured systems to ensure longevity and intergenerational value creation.
Buffett Defends $36B Gates Donation Despite Epstein Ties
Warren Buffett expresses no regret over his $36 billion donation to the Bill Gates Foundation, despite revelations about Bill Gates' association with Jeffrey Epstein, but confirms he is no longer in contact with Gates.
Worker Quits Over Alleged Spirit Sighting, Video Goes Viral
A Nigerian farm worker abruptly resigned after claiming to see spirits, with a video of the incident gaining widespread attention online and prompting reactions from the farmer and public.
Man's Orange Tree Turns Out to Be a Different Fruit Years Later
A Nigerian man shared his disappointment online after discovering the 'orange' plant he bought during the 2020 lockdown bore fruit that was nothing like oranges, sparking reactions from netizens.
Man Warns PHCN of Losing Customers to Solar Power
A Nigerian man has urged the Power Holding Company of Nigeria to improve electricity supply or risk losing customers to solar energy, sparking widespread reactions on social media.
Alpha Morgan Capital Fund Shows Strong Asset Growth in 2025
Alpha Morgan Capital Balanced Fund's audited financial statement for the year ended December 31, 2025, reveals significant asset growth, improved cash holdings, and reduced liabilities, strengthening its financial position.
Reverse Japa Trend: Nigerians Returning Home from Abroad
A growing number of Nigerians who left for better opportunities abroad are now returning home, citing economic opportunities, family ties, and quality of life.
Alpha Morgan Capital Fund Shows Strong Asset Growth in 2026
Alpha Morgan Capital Balanced Fund's audited financial statement for 2026 reveals significant asset growth, with net assets rising to N2.29 billion and improved liquidity from increased cash holdings.
Ondo Advances Tech-Driven Agriculture with New University
Governor Lucky Aiyedatiwa announces the upgrade of Rufus Giwa Polytechnic to a university focused on agriculture and technology, aiming to boost innovation and economic development in Ondo State.
Nigeria Rated Low in Global Debt Transparency Review
Nigeria has received a low rating in transparency, accountability, oversight, and public participation in national debt management, according to the Open Budget Survey 2025. The International Budget Partnership calls for urgent reforms to enhance public t
Minister of Power Resigns Over Grid Issues
The Minister of Power has resigned from office, citing ongoing challenges with the national electricity grid and personal reasons, sparking discussions on Nigeria's energy sector.
LG Electronics Empowers Women at 2026 Event in Lagos
LG Electronics hosted its 2026 Women's Month event in Lagos, featuring panel discussions with accomplished women from various industries. The event focused on gender inclusion, innovation, and overcoming challenges in male-dominated fields.
Nigeria Real Estate Future Hangs in Balance Amid Challenges
Property developer Cecil Ezem Osakwe warns that Nigeria's real estate sector faces deep structural issues despite rising demand. Key challenges include land acquisition complexities, infrastructure gaps, and financing constraints, threatening sustainable
Nigerians Share Solar Power Costs and Savings
Three Nigerians detail their switch to solar energy, revealing expenses from N468,000 to N2.7 million and savings up to N3 million, highlighting a trend amid power outages and high fuel prices.
Oil Price Rise Hits Nigerian Refineries, Expert Alerts
An energy expert warns that Nigerian refineries face increased costs due to global oil price volatility, as some rely on foreign crude despite local production, risking higher fuel prices.
Fuel Prices Paused as Marketers Await Dangote Refinery Review
Petroleum marketers have suspended fresh pricing for petrol and diesel across Nigeria's major depots, awaiting a potential price review from Dangote refinery amid rising global crude oil prices.
Oyetola Calls for Regional Fisheries Investment and Cooperation
Minister of Blue Economy Adegboyega Oyetola urges increased investment and regional collaboration in West and Central Africa's fisheries sector to address challenges and boost economic growth.
Stock Market Rebounds, Investors Gain N516bn in March
The Nigerian stock market closed March positively with a 0.40% gain, adding N516 billion to market capitalization. Investors engaged in bargain hunting across major equities despite negative market breadth.
FG Aims to Unlock $3.5 Trillion AfCFTA Market for MSMEs with Digital Payments
The Nigerian government has unveiled a report on cross-border digital payments and identity to help Micro, Small, and Medium Enterprises tap into the $3.5 trillion African Continental Free Trade Area market, emphasizing fintech and infrastructure support.
FCMB Capital Markets Tops FMDQ League with N1.53 Trillion
FCMB Capital Markets Limited raised N1.53 trillion in corporate debt capital through bond listings and commercial paper on FMDQ Securities Exchange in 2025, securing first place on the exchange's Fixed Income Primary Markets Sponsors' League Table.
Fisheries Sector Struggles Despite Rich Resources - Oyetola
Minister of Blue Economy Adegboyega Oyetola highlights persistent challenges in West and Central Africa's fisheries sector, calling for stronger regional cooperation and investment to address inefficiencies.
Indonesia Rations Fuel, Enacts Remote Work as Prices Soar
Indonesia has introduced fuel rationing, work-from-home Fridays for civil servants, and cuts to government travel in response to soaring global energy prices linked to Middle East tensions. The measures aim to save billions in subsidies.
Nigeria Real Estate Boom Faces Structural Hurdles
Real estate expert Barrister Cecil Osakwe highlights how Nigeria's property market boom is challenged by infrastructure gaps, financing barriers, and regulatory inefficiencies despite urban growth.
US-Africa Summit in Mauritius Amid Iran War Jitters
The US-Africa Business Summit will convene in Mauritius this July, bringing together over 2,500 delegates to boost trade and investment, despite concerns over rising fuel costs and US policy impacts linked to the Iran conflict.
Dangote Refinery Gets $2.5bn Loan From Afreximbank
The Dangote Petroleum Refinery has secured a $2.5 billion loan from Afreximbank as part of a $4 billion syndicated facility to strengthen its balance sheet and support long-term growth across Africa.
Nigeria Power Crisis: FG Pays N71bn of N1.92trn Debt
The Federal Government has paid just 3.7% of its N1.92 trillion subsidy debt to electricity generation companies, worsening Nigeria's power crisis with transmission constraints causing N36bn losses.
Nigeria Faces Mixed Fortunes as Oil Prices Spike Amid Iran Crisis
Global oil prices have surged into triple digits due to Middle East tensions, offering potential revenue gains for Nigeria but offset by global risk aversion and currency volatility.
Marketers Call for Temporary Fuel Subsidy as Global Oil Prices Soar
The Association of Nigeria Refineries Petroleum Marketers urges the Federal Government to consider a temporary subsidy on petroleum products to cushion the impact of rising global oil prices triggered by the US-Israel-Iran conflict.
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