Ryan Smith's Family Influence on Qualtrics and Career
Explore how Ryan Smith's parents, Nancy and Scott Smith, and his brother Jared guided his path to co-founding Qualtrics and becoming a billionaire entrepreneur.
Category : Business
CBN Limits BVN Phone Number Changes to Once in a Lifetime
The Central Bank of Nigeria has introduced a new rule limiting phone number changes for Bank Verification Numbers to once in a lifetime, effective May 1, 2026, to enhance security in the banking system.
Dangote Fertiliser Gains Market Share as Iran Output Falls
Dangote Fertiliser Limited is experiencing a surge in global demand as Middle East tensions disrupt supply chains and reduce Iranian production. The Nigerian company is expanding its footprint with plans to become the world's top urea exporter.
CBN Orders Banks to Implement Liveness Checks, Transaction Limits
The Central Bank of Nigeria has issued new regulations requiring banks to introduce liveness checks, transaction limits, and enhanced fraud monitoring for mobile and internet banking to strengthen security and give customers more control.
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Keyamo: No Reversal of Airport Cashless Policy, Deadline Set
Aviation Minister Festus Keyamo has confirmed Nigeria's airports will fully transition to cashless payments, with no plans to reverse the policy. He announced a presidential deadline for implementation.
Tinubu Creates Presidential Task Force for Petroleum Sector Reforms
President Bola Tinubu has approved a high-level Presidential Petroleum Reform and Value Optimisation Task Force to coordinate structural reforms in Nigeria's oil and gas industry, aiming to attract investment and enhance global competitiveness.
Engineer's 15-Year DStv Subscription Shows Price Freeze
Chizitere Ahubelem, a Nigerian engineer, has shared his observation after 15+ years of yearly DStv premium subscription, noting no price increase and an 11-month payment discount.
Nigeria's Maritime Sector Sees Historic Cargo Growth After Reforms
Nigeria's maritime sector records a 24.8% surge in cargo throughput in 2025, driven by sweeping port modernization reforms and digital transformation initiatives aimed at boosting regional competitiveness.
Pilot's Safety Tips as Airlines Ban Power Banks in Overhead Bins
Captain Ifeanyi Callistus shares essential flight safety advice regarding power banks, following NCAA regulations and airline policies banning them from overhead bins and checked baggage.
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Man Shares NNPC Fuel Price Experience, Comments on Dangote Refinery
A Nigerian man reveals he purchased fuel at N1,250 per litre at an NNPC filling station, attributing price moderation to Dangote Refinery while calling for an end to the Iran conflict.
Africa Fuel Price Surge: War Drives Petrol Costs to Record Highs
The ongoing US-Israel conflict with Iran has triggered a dramatic surge in fuel prices across Africa, with Nigeria paying N1,143 per litre and Malawi facing N4,074. Libya records the lowest price at N34.20.
Enugu Air Gets NCAA Approval for 2026 Commercial Flights
The Nigeria Civil Aviation Authority has granted Enugu Air an Air Operator Certificate, clearing the state-owned carrier to begin scheduled commercial operations from Akanu Ibiam International Airport in 2026.
Nigerian Passengers Demand Refunds from Emirates, Qatar Airways
Nigerian air travelers affected by Middle East airspace restrictions are demanding refunds from Emirates and Qatar Airways, with many reporting unresolved requests weeks after flight cancellations.
Nigerian Lady's N350k Salary Breakdown and Job Details
A Nigerian product manager earning N350,000 monthly from two remote tech jobs shares her expense breakdown, including N150,000 for relocation savings and N20,000 for miscellaneous costs.
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Dangote Refinery Petrol Price Hike Sparks Depot Sales Suspension
Dangote Petroleum Refinery has restored petrol ex-depot price to N1,175 per litre, causing depot owners to temporarily suspend sales to prevent losses. Loading operations were paused for stock reconciliation amid global crude oil price increases.
Woman's Brutal Daily Commute from Ibadan to Lagos Exposed
A Nigerian woman's video detailing her 5-hour daily journey from Ibadan to Lagos for work has gone viral, sparking widespread reactions and highlighting commuting struggles.
CBN Rolls Out New Banking Security Rules with Device Limits
The Central Bank of Nigeria introduces comprehensive new regulations for digital banking, including flexible transaction limits, one-device mobile app restrictions, and enhanced verification procedures to combat fraud.
CBN Governor: No Naira Devaluation Plans
CBN Governor Olayemi Cardoso dismisses fears of naira devaluation, citing reforms that have restored confidence and improved forex market transparency.
Man Rolls on Ground at Gas Station Over $4 Gas Price
A man in the United States went viral on TikTok after dramatically rolling on the ground at a fuel station upon discovering gas prices had doubled from $2 to $4 per gallon in just two weeks.
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CBN: Fuel Subsidy, Forex Distortions Hurt Nigeria's Economy
The Central Bank of Nigeria disclosed that fuel subsidies and forex distortions cost Nigeria 6% of GDP, with reserves dropping to $800 million before recent reforms reversed the trend.
Nigeria's Reserves Hit $50B, Highest in 13 Years
The Central Bank of Nigeria announces external reserves have exceeded $50 billion for the first time in over 13 years, attributing growth to economic reforms and naira stability.
Sabo-Itanrin Road Reconstruction to Ease Traffic, Boost Economy
Ogun State Governor Dapo Abiodun announces steady progress on the Sabo-Itanrin Road reconstruction, aimed at reducing congestion and stimulating economic activity in Ijebu-Ode and surrounding communities.
Navy Destroys Illegal Crude Oil Storage in Rivers
The Nigerian Navy has destroyed an illegal crude oil storage site in Bonny, Rivers State, seizing and eliminating 17,500 litres of suspected stolen crude oil as part of Operation Delta Sentinel.
Viral TikToker Gets Bonus for Exposing Lagos BRT Queue Issues
A Nigerian TikToker, Ella, received a bonus from her employer after her viral videos highlighted long queues due to BRT bus shortages. Her company praised her advocacy and will cover her transport allowance for a year.
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Naira Gains 0.34% vs Dollar, Strengthens in Official Market
The Nigerian naira appreciated by 0.34% against the US dollar in the official market, closing at N1,371.51/$1, while also gaining ground against the pound sterling and euro. Analysts attribute the recovery to increased foreign inflows and CBN intervention
CBN Orders Banks to Deny New Credit to Loan Defaulters
The Central Bank of Nigeria has directed commercial banks to deny new credit facilities to borrowers who default on existing loans, targeting large-ticket obligors with significant outstanding debts.
Man Cries Out Over N1,400 Fuel Price, Triggers Reactions
A Nigerian man expressed shock after seeing fuel priced at N1,400 per litre at a filling station, sharing a photo that went viral and drew widespread reactions online.
Lagos Tax Deadline: File by March 31 or Face N100,000 Fine
The Lagos State Government urges residents to file personal income tax returns by March 31, 2026, to avoid penalties up to N100,000. Filing is mandatory for all income earners, even if no tax is owed, with a fully digitised process available.
US Lifts Sanctions on Russian Oil Amid Global Energy Crisis
The Trump administration issues a temporary license allowing countries to purchase Russian oil stranded at sea, aiming to stabilize global supply after Iran's closure of the Strait of Hormuz disrupts energy markets.
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Kano Sachet Water Price Rises to N300 Per Bag
The Association of Table Water Producers in Kano State has announced a price increase for sachet water from N220 to N300 per bag, citing soaring production costs including fuel, packaging, and electricity challenges.
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