As temperatures exceed 40°C, Nigeria faces a severe public health and financial crisis due to unreliable electricity and rising fuel prices. Households are spending up to N300,000 monthly on cooling, while heat-related illnesses surge, deepening economic
A new report reveals 94% of Nigerians are financially insecure, with PiggyVest executives calling for government intervention to address systemic issues beyond private sector solutions.
The ongoing Middle East war has triggered a sharp rise in fuel prices in Nigeria, leading to increased transport fares. Commuters and drivers struggle as experts call for targeted government interventions to ease the economic burden.
Dangote Group has restated its dedication to boosting Nigeria's industrial capacity and supporting MSMEs, addressing challenges like high energy costs and poor infrastructure through its Vision 2030 strategy.
Aviation consultant Chris Aligbe criticizes Nigerian airlines for unjustified fare increases, supports FCCPC's anti-competition probe, and calls for sanctions to protect consumers from exploitative pricing practices.
CardinalStone Partners Limited has been recognized at the DealMakers Africa Awards, winning Financial Adviser by Transaction Flow (Equity) and placing third in Transaction Value (Equity), highlighting its leadership in African financial advisory services.
CBN Governor Yemi Cardoso announces reduction in Ways and Means advances to N2.84 trillion, while contractors negotiate N150 billion debt with the Federal Government.
Nigerian Navy operatives in Ondo State have intercepted 42,000 litres of suspected illegal diesel and arrested five suspects, highlighting efforts against maritime crimes and community engagement initiatives.
Nigerians question the quiet response to petrol prices hitting N1,400 per litre, contrasting past protests and highlighting economic impacts on transport and daily costs.
The Federal Government has significantly reduced power sector liabilities, with NELMCO clearing over N2.16 trillion in debts inherited from PHCN, enhancing investment confidence and sector stability.
Despite decades of talk about diversifying Nigeria's economy beyond oil, commodity exchanges remain underutilized due to weak policy support, limiting transparent price discovery and agricultural market efficiency.
President Bola Tinubu has approved expanding the Presidential Initiative on Compressed Natural Gas to include electric vehicles, aiming to accelerate Nigeria's transition to sustainable transportation.
The Federal Government calls for enhanced collaboration with the European Union to tackle illegal fishing, trafficking, and environmental crimes in the Gulf of Guinea, emphasizing regional security.
The Central Bank of Nigeria has removed cash pooling requirements for international oil companies, allowing them unrestricted access to repatriated export proceeds to boost FX market liquidity and stability.
Following the rejection of 186 expatriate quotas, Nigeria's PTDF and NUC are rapidly building local skills and updating curricula in the oil sector, focusing on AI, renewable energy, and cost-effective domestic training to reduce foreign reliance.
Nigeria has been designated as the pilot country for the African Continental Free Trade Area's Simplified Trade Regime in West Africa, aiming to ease cross-border trade for small-scale traders and boost economic integration.
Jetour strengthens its position in Nigeria's SUV market with the launch of the T2 Plug-in Hybrid Electric Vehicle, featuring dual driving modes, multiple charging options, and advanced safety features for urban and off-road use.
Ahead of the 8th Nigerian Risk Awards and Summit in June 2026, stakeholders are urging a shift from reactive to proactive risk management to enhance national resilience against global disruptions.
Leading professionals warn that poor succession planning in Nigerian businesses, driven by cultural beliefs and lack of structure, threatens generational wealth and organizational stability, urging adoption of tools like trusts and wills.
A €5 million grant from Germany, administered through the African Development Bank, will support Nigeria, Rwanda, Uganda, Tanzania, Mozambique, and Malawi in implementing climate-smart agricultural technologies to enhance food security and resilience.
The second Travelpreneur Conference and Expo (TRAVCONEXPO) will be held in Lagos from September 3-4, 2026, themed 'The Next Frontier: Expanding Opportunities in a Connected Travel World.' It aims to address innovation, collaboration, and connectivity in g
Chinyere Umeasiegbu, First Deputy President of NANTA, urges members to support her re-election to consolidate gains and ensure gender and regional representation at the upcoming 50th AGM.
A new survey by the Network of Practising Non-Oil Exporters of Nigeria highlights minimal AfCFTA utilization, with 66% of exporters operating below $50,000 and domestic bottlenecks cited as major barriers.
Yaba community in Ondo State petitions Governor Lucky Aiyedatiwa over neglected World Bank projects, including roads and a market, citing impassable conditions and stalled development.
The African Development Bank has approved a $5.65 million grant to pilot a climate finance tool for expanding off-grid renewable energy in fragile African countries, aiming to provide electricity to 856,000 people.
Lagos State government and NACCIMA emphasize prioritizing MSMEs and investing in human capital as key to achieving Nigeria's $1 trillion economy goal by 2030, addressing inflation and infrastructure challenges.
The African Agricultural Technology Foundation reports that cassava farmers in Oyo State have doubled their yields to 20-25 tons per hectare through Good Agronomic Practices and mechanization, transforming livelihoods.
Former University of Uyo VC, Prof. Akpan Ekpo, advises the Federal Government to direct capital toward employment-generating sectors and technological learning for durable national wealth.
Germany's Consul General in Lagos advocates for deeper collaboration in food processing to boost Nigeria's economy, job creation, and food security through advanced technology and expertise.
Oceangate Engineering Oil & Gas Limited announces plans to appeal a Federal High Court civil asset forfeiture ruling, emphasizing no wrongdoing found and reaffirming commitment to Nigeria's energy sector.